India making great strides towards becoming a global economic powerhouse

Dr. Deepak Kumar Sahu  
Editor-in-chief, VARINDIA  

“Hard work and dedication are propelling India towards becoming a global digital leader, pioneering innovation. The Star Nite Awards platform brings all of us together to dwell deeper into the IT industry with a special focus on the VARs and the partner ecosystem. Partnerships are the cornerstone of any business success. VARs and partners are driving innovation and growth in the IT sector. For over 25 years, VARINDIA has cultivated a dynamic community that creates a value for OEM, service providers and partners, driving growth across B2B and B2C channels with timely insights for the technology sector. We take pride in supporting India's part in inclusive and sustainable growth. As India leads the Vikshit Bharat, We are witnessing rapid advancement towards becoming a global economic powerhouse. Looking ahead to 2025, transformative technologies like quantum computing, AI powered automation, 5G and augmented reality are set to regularize digital experience. As India solidifies its position as a global tech leader, we anticipate major advancements in health technology, smart devices, digital finance and smart cities. AI innovations such as real time translation and health monitoring, coupled with enhanced speed and efficiency of 5G are opening new business opportunities. However, we must also address critical challenges, including the speed of misinformation, equitable compensation for content creators, algorithmic dispensation, and EIS impact on intellectual property rights. When you see the entire gamut of the IT industry, how do we position this? We see India's growing middle class is fueling demand for premium AI enabled smartphones. Affordable 5G models with advanced AI features are capturing consumer interest, supported by frequent launches and robust marketing efforts. The 12% YoY growth in the smartphone market underscores the increasing influence of AI driven technologies.”