Opportunities for #entrepeneurs and #investment in #India are exploding. Curious? Read on for news and impressive statistics about its #startupecosystem. #iot #ai #blockchain #ar #vr #ev #spacetech #quantumcomputing #sustainability #thefuture! Scott Fox 🦊Ani Kaprekar
Co-founder - Tech India Advocates | CEO Coach | Growth Advisor - India-UK #Tech corridor || Poet, Storyteller, Compère, Actor | Polymath Thought Leader || Non-Executive Director | Trustee | Brand Ambassador
Igniting tomorrow, today! 🇮🇳 . 10 captivating insights into India's thrilling journey in emerging technologies! 💥 As I continue exploring India's vibrant tech landscape through #IndiaShining blogs, I couldn't help but dive deeper into the fascinating world of emerging technologies, which are projected to contribute $500 billion to India's GDP by 2025. HERE YOU GO: 1. 🤖 Rapid AI Adoption Over 50% of Indian startups are now integrating AI and ML into their operations. This trend is revolutionising how businesses operate and make decisions. 2. 🔗 Blockchain Boom The blockchain market in India is projected to reach a staggering $1.1 billion by 2025, driven by the increasing demand for secure and transparent transactions across various sectors. 3. 🌐 IoT Revolution India is set to have over 1.9 billion IoT devices by 2025. This surge is paving the way for innovations in agriculture, healthcare, and smart city solutions. 4. 🎮 AR/VR Potential The Indian AR/VR market is expected to soar to $10 billion by 2025, transforming sectors like education and entertainment with immersive experiences. 5. 🚀 Space Technology India's space sector, valued at $9.6 billion in 2020, is projected to reach $13 billion by 2025. In 2023, the sector had grown to 189 startups, receiving $124.7 million in funding. 6. 🚘 Electric Vehicles India is aiming for 30% of private cars to be EVs by 2030. Government incentives and investments in battery technology and infrastructure are driving this growth, with the market projected to reach $206 billion by 2030. 7. ⚛️ Quantum Computing With over 20 research institutions dedicated to this field and $1.2 billion in early government investment, India aims to become a leader in quantum tech. 8. 💰Investment Surge In 2023 alone, startups focusing on emerging technologies attracted a whopping $7.5 billion in funding, reflecting growing investor confidence. 9. 🌱 Sustainability Focus Nearly 30% of Indian startups are developing tech solutions promoting sustainability, which is crucial for addressing climate change and resource management. 10. 👩🏻💻 Diverse Talent Pool Apart from producing c1.5 million engineers annually, India has a rich diversity of skills in data science, AI, cybersecurity, etc. Over 60% of companies prioritise advanced skills like AI/ ML. This diverse talent pool is accelerating innovation in emerging technologies. … ✨ It's genuinely inspiring to see how India is embracing emerging technologies and leading the charge toward a brighter future. 😎 No wonder I enjoy connecting global companies to India and amplifying the voice of #India #Tech on the global stage via Tech India Advocates. I'd love to hear your thoughts! 💬 Ani #India #EmergingTech #IndiaShining #LivingBridge 🇬🇧🇮🇳 #ShareThisPost 📸: From my last India visit with Af, Russ and many global tech leaders, where I witnessed firsthand the incredible innovations being developed. P.S. All sources & my blog links - check comments.