How has technology impacted the Indian economy
Describe various ways in which technology has helped in the growth of the Indian economy.
- Increased efficiency - Technology has led to automation and digitization in various sectors making the process efficient, reducing costs and increasing productivity.
- Increased connectivity - With the growth of the internet, technology has helped to connect various regions in India providing access to a wider market and also to education and healthcare facilities.
- E-commerce - Technology has enabled e-commerce to grow, providing easy access to customers from different parts of India to goods and services.
- Startups - Technology has led to the growth of startups in India, leading to job creation, innovation and economic growth.
- Manufacturing - Technology has helped to improve the manufacturing sector by providing access to better equipment, machinery, and tools.
- Transportation - Technology has helped to improve the transportation sector by providing real-time tracking and logistics management systems.
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a year ago