Predictions for 2024: Rapid growth in digital infrastructure and tech on cards

Posted on:
Key Points

By 2024, India is poised to witness a significant leap in its digital infrastructure and technology sector..

This prediction is supported by several key factors, including government initiatives, increased foreign investment, a burgeoning startup ecosystem, and a growing talent pool in the technology sector...

Firstly, the Indian government has been actively promoting digitalization across various sectors..

By 2024, some of these startups are likely to have evolved into major players, contributing to Indias stature as a global technology leader..

In summary, given these dynamics, its reasonable to anticipate that by 2024, India will have made substantial strides in digital infrastructure and technology, significantly impacting its economy and global standing in the tech world...

You might be interested in

Indian startups can look forward to an ‘India techade’

15, Jan, 24

A new wave of entrepreneurship is focusing on high value addition and intellectual property creation, even as supportive policy measures are being introduced in fields like semiconductors and AI.

Great deep tech ventures starting to emerge in India

08, Nov, 23

Business News: Qure.ai, an Indian AI company, uses artificial intelligence to quickly scan X-rays and CT scans, providing doctors with immediate results for conditio

Bengaluru Tech Summit to begin on Wednesday, to host participants from 30 countries

25, Nov, 23

The summit, with the theme 'Breaking Boundaries, will have more than 75 sessions, more than 400 speakers, 350 startups, 600 exhibitors, and 20,000 business attendees.

Govt policies helped India become world's 3rd largest startup ecosystem: PM Modi

27, Sep, 23

Startups News: PM Narendra Modi highlighted in his Independence Day address that the policies of his government are helping to provide support to the youth of the na

Startup employees look for exits amid crises; outside talent reluctant to join

09, Feb, 24

People do not want to put their reputations at risk, and that is now becoming the case when working at such companies. According to recruiters, many of those who moved to startups from traditional sectors at eye-popping hikes at the height of the startup boom are now eager to return even taking upto 20-30% pay cuts

Long-term funding for deep-tech startups on cards: PM-STIAC chaiperson

27, Dec, 23

India aims to be globally competitive in technology, space, defence, energy, medical sciences

Troubles in tech/startup space offer financial institutions pool to fish for talent

21, Mar, 24

Recent months have seen a slew of mid- and senior-level executive movements from tech companies and startups including Paytm, Byjus, Swiggy, Upstox, EnKash, Lendingkart, PayU, Myntra and Flipkart to organisations such as Kotak Mahindra Bank, IndusInd Bank, HDFC Bank, HSBC, RBL Bank, IDFC First Bank, Bajaj Finserv, Angel One and Mahindra Finance.

Demand for talent in India’s IT sector falls, hiring at three-year low in May

04, Jun, 23

Weak macroeconomics, slowing demand, falling client addition prompting firms in technology cohort to put the brakes on hiring