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Technology, the Lead to Innovation & Growth

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Be it education, finance, healthcare almost everywhere, technology is being found deepening its roots revolutionizing business functions, processes, and operations. Formidably, the Indian tech industry is a significant contributor to the country's economy, with a strong presence in IT services, software development, and business process outsourcing. The country is a major player in the global tech landscape, particularly in IT and BPM services, and is extensively driving growth and digital transformation.

Led by the need to improvise and increase efficiency with safety, even the automobiles and railway technologies are observing growth. The Indian railway tech solutions industry is experiencing significant growth and modernization, building upon efficiency, safety, and passenger experience through focus on automation, digitalization, and the integration of AI, IoT, and 5G. As per IBEF, with the digital railway market alone, the indian railway tech solutions industry is projected to reach $15.85 billion by 2030, rising from $11.2 billion in 2024, exhibiting a cagr of 5.80 percent. Similarly, the digital engineering services is The digital engineering services industry in India is burgeoning with the Indian engineering services outsourcing market growing from $54.40 billion in 2024 to projected $194.92 billion by 2033, exhibiting a CAGR of 15.20 percent.

Through the current edition ‘Tech Industry Special – 2025’, siliconindia spotlights a few key players in the technology industry aimed at empowering businesses and industries and ultimately economy. The listed companies have displayed extensive leadership in leveraging their keen services to respective clients and users.

Read to know more about them and feel free to share your valuable feedback!