India's new industrial revolution takes shape across space, chips, data centres and solar

India's new industrial revolution is taking shape with significant developments in key sectors. The government has made major strides in opening up the space sector to private companies, offering tax incentives for data centres, launching large production-linked schemes for semiconductors, electronics, and solar, and implementing localisation requirements and purchases of Graphics Processing Units (GPUs). This push is expected to boost India's economy, create new job opportunities, and make the country a major player in the global market for high-tech industries.

Why it matters

India's new industrial revolution is expected to boost the country's tech sector. The government's measures to support the industry will likely attract investment and create jobs.

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