Hahaha!!
So many people seem to be rooting for the death 💀of the IT industry, and ironically, most of them have never worked in IT.
It's fascinating how pessimism can create entire narratives out of thin air. What many fail to appreciate is that the IT sector contributes roughly 8% of India's GDP and has been a major driver of urban growth, employment, and economic transformation over the past few decades...
I'm not expecting that IT will necessarily be the primary engine of growth from here on. What we're witnessing is a significant technological shift, and history has shown us many such transitions before. The difference this time is the scale.
The IT industry will face disruption, no doubt. But disruption doesn't automatically mean extinction. Like every major industry before it, IT will adapt, evolve, and reinvent itself to fit the new reality...
It may not lead the next phase of growth in the same way it did in the past, but it will survive, and most likely emerge in a different, more evolved form.
🚨 Auto PLI stands out as an outlier among India’s 14 PLI schemes. If the framework were only meant for global champions, MSMEs would still feature across the other thirteen schemes, with 176 MSMEs already part of PLI across sectors.
Industry bodies and a parliamentary panel have called for a review of Auto PLI’s eligibility criteria to better align with evolving EV dynamics and include high-potential domestic players.
The focus now should be on enabling long-term growth, strengthening competitiveness, and supporting indigenous startups in line with the vision of Aatmanirbhar Bharat and Startup India.