Technology is opening up the gates of bigger opportunities for India

India’s recent growth has been impressive – its 7.2% GDP growth makes it one of the fastest growing economies globally, and government initiatives such as Digital India and Make in India, as well as increasing FDI limits, also generating massive opportunity. India’s momentum is building tremendously and it is technology that is making it happen, opening up even bigger opportunities for growth, inclusion, and further investment.  The government’s 2016 demonetisation move served as a significant push in the direction for digital transformation, and accelerated the use of apps for digital payments.

the potential to touch lives through digital inclusion. Yet there is much more that can be done with technology – for instance, twelve million youth join the Indian workforce every year. The government is laying the right foundation to address this by providing broadband access and aiming to train 400 million people in digital skills by 2022.

To further drive education, India can also efficiently solve the shortage of qualified teachers by embracing eLearning tools like video learning, Virtual Reality, and Augmented Reality.  Healthcare is another area in which technology can make a difference. In the 2018-19 Union budget, the government announced a new healthcare arrangement that will impact 500 million Indians, making it the world’s biggest health protection programme.  140 liters of water are needed per person per day; however, only 105 liters are supplied in India. Digitising water management could eliminate waste and help citizens get the water that they need.

Israeli companies excel in providing innovative technologies in Healthcare, Water Management & eLearning, video learning, Virtual Reality, and Augmented Reality. Companies in India can benefit from the advanced Israel technology. Relevant companies, interested to learn more on potential collaboration are invited to contact the Economic and Trade Department at the Israeli Consulate General in Bengaluru.

Ref: https://economictimes.indiatimes.com/tech/internet/how-technology-is-opening-up-the-gates-of-bigger-opportunities-for-india/articleshow/63905947.cms

For further queries, contact: Kavitha Saravanan, Trade Officer, Bengaluru.             Ph:+91-80-49406515. kavithas@israeltrade.gov.il

 

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