India is making rapid progress in the IT sector. Why?
Answers
Answer:
Qualities like innovation and ingenuity are deep rooted in India’s DNA. The country is making rapid progress through the use of modernisation, cutting-edge technologies and best global practices. It is expected that by leveraging technological innovations like SMART infrastructure the country can further make rapid progress.
To ensure continuation of growth momentum, India needs to keep ramping up investments in the infrastructure sector. However, for that to happen, having a 24x7 uninterrupted supply of power is essential. Electricity is considered to be the driving force without which, the quality of life would degrade, wheels of progress would come-off, and the socio-economic progress would come to a screeching halt. Thus, if India wants to continue its growth, the electricity and power sector need to embrace development.
Over the past 10 years, the total installed electricity generation capacity increased from 154.7 gigawatt in 2007 to 364.17 GW in 2019, thus making India the third-largest producer of electricity. However, despite this major enhancement, 15 per cent of the total Indian population still lacks access to power. It reflects the magnitude of work that needs to be done, especially when coupled with the fact that demand for electricity would triple in India by 2040. The government has, however, started various initiatives such as Ujjwal Discom Assurance Yojana and 24×7 power for all.
Explanation:
Answer:
Rank Brand Name Industry
1 One 97 / Paytm Financial Services
2 GoBOLT Transport & Support Services
3 Saankhya Labs Aerospace, Defence & Security
4 Razorpay Financial Services
Explanation:
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