How has technology aided in the development of the Indian economy

Explain the role of technology in the growth of the Indian economy, including its impact on sectors like agriculture, industries, and services.
Technology has been an essential driver for the growth of the Indian economy. The role of technology can be seen in multiple sectors, such as agriculture, industries, and services. Below are some points that explain the impact of technology on the Indian economy:
  • Agriculture: The application of technology in agriculture has led to the growth of the Indian economy. It has helped in increasing yield, reducing cost, and mitigating climate change impacts.
  • Industries: Technology has played a key role in the growth of Indian industries. Automation of manufacturing processes using technology has led to the production of high-quality goods at a lower cost.
  • Services: The service sector in India has been greatly impacted by technology. The emergence of IT services has led to the growth of the IT industry, and also contributed to the growth of other sectors such as healthcare, education, and banking.
Overall, technology has been a driving force for the growth of the Indian economy. Adopting and integrating it further in various sectors will continue to be vital in ensuring India's development.
Answered a year ago
Amrita Preparing for Civil Services