India Powerful Enough To Lead The Tech World, But May Waste The Opportunity



Transformation of this nature is expensive and time-consuming. The economic, demographic and social outlook for western economies suggests that, for the next few years, such changes will be difficult to achieve. At first glance, India seems to be well-placed to embrace these changes — it has virtually no legacy systems, billions of dollars are being spent on developing new infrastructure, a wealthy, a well-educated middle class hungry for change, and the country is pivotal in the digital supply chain. Therefore, Gartner analysts said the question of whether India will be the first place to see the emergence of this new computing scenario is important.

“Based on current forecasts, India will become one of the world's biggest consumer economies during the next five years. By 2014, India will have more than 1 billion mobile subscribers. India will see a significant rollout of new IT infrastructure during the next five years in both the public and private sectors,“ said Kumar.

Given the economic and demographic statistics, the improving levels of literacy and the large consumer base, India should be ideally positioned to take advantage of the Nexus of Forces. Entrepreneurs in region, such as Bangalore and Mumbai, should be able to create products that link these technologies together.

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