Future Readying India

01/july/2023

The world has entered a transformative era with the evolution of industry 4.0, web 3.0 and genetics 2.0. It is the era of artificial intelligence, quantum computing, robotics, crypto technologies and human genome projects. India missed the earlier technological and industrial revolutions. But this time, it has a huge opportunity to exploit its innate potential. In the last few years, PM Modi’s government focused heavily on preparing the nation for the new revolution. It has given much impetus to innovation. More than a million start-ups have sprung up in the last few years, making India the world’s “start-up capital”. A fraction of them, over 120 start-ups, have become “unicorns” — highly-valued entities that could mobilise a billion-dollar investment. By the end of last year, around 240 start-ups have gone in for major acquisitions bringing in investments to the tune of $ 150 billion.

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