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Showing posts with the label Tech Market

The Thriving Tech Market in India: A Glance into 2023

India's tech market has undergone significant transformations in recent years, solidifying its position as a global technology powerhouse. With a vast pool of tech talent, a rapidly growing digital user base, and government initiatives promoting innovation, India's tech sector has been on an exciting journey. In 2023, let's take a closer look at the various aspects that make the Indian tech market vibrant and dynamic. In all, we estimate that India’s newly digitizing sectors have the potential to create sizable economic value by 2025: from $130 billion to $170 billion in financial services, including digital payments; $50 billion to $65 billion in agriculture; $25 billion to $35 billion each in retail and e-commerce, logistics and transportation; and $10 billion in energy and healthcare. 1. The IT Services Powerhouse Continues to Shine India's IT services sector remains a dominant force in the global market. Companies like Tata Consultancy Services (TCS), Infosys,