Made in India, Coded in India: The Nation’s Software Surge Powers a Tech Renaissance

India is quickly establishing itself as a major player in both manufacturing and software, largely due to the government’s initiatives like “Make in India” and “Digital India.” In fact, the country’s software exports hit an impressive $350 billion in 2024-25, while electronics manufacturing has taken off, with smartphone and semiconductor production reaching all-time highs. 

Key Highlights:

• India’s IT sector now employs more than 5.4 million people, with startups and global tech leaders setting up R&D centers in cities like Bengaluru, Hyderabad, and Pune.

• The “Make in India” initiative has drawn in over $100 billion in foreign direct investment, boosting growth in the electronics, automotive, and semiconductor industries.

• Indian software is the backbone of global banking, healthcare, and AI solutions, with exports reaching 190 countries around the world.

• Government incentives and skill development programs are fostering a new wave of tech talent.

 

Outlook:

 

With a harmonious blend of growth in both manufacturing and software development, India is poised to take the lead in digital innovation and the export of next-generation technologies. 

 

Sources: NASSCOM, Economic Times, PIB