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          being exported to countries like France, Singapore, and the   and strengthening domestic supply chains, the PLI Scheme is
          UAE.                                             contributing to deeper localisation, improved integration with
                                                           global value chains and the long-term strengthening of India’s
       Indian at Core: Inclusive & Resilient Growth        manufacturing base.                                  GUEST ARTICLE
       •   Digital Public Goods: The “India Stack” (Aadhaar, UPI,   Improving business sentiment and conducive policy measures
          DigiLocker) fosters inclusive, low-cost digital, inclusion.  have boosted domestic and global investor interest in
       •   Sustainable Development: A focus on, green, technology,   construction, India’s second largest employer after farming.
          and local, social, and economic, empowerment to, support,   The Indian construction industry is projected to reach a market
          700 million, people, in, moving, upwardly.       valuation of $1.4 trillion by 2030. Experiencing rapid growth, driven
       •   Knowledge-Driven Economy:  Leveraging,  a,  young,   by affordable housing, smart cities and extensive road projects,
          workforce,  and, top-tier, talent, to,  pivot, from,  service-  India is projected to be the third-largest market before 2030.The
          provider, to, value-creator.                     Construction sector could add up to 30 million jobs by March 2030
                                                           to the current 70 million.
       Strategic Economic Ambitions                        India’s housing and building materials industry is standing at a
       •   GDP Projection: India is on track to, potentially, reach, $20.7,   defining moment, propelled by the twin forces of technology and
          trillion, (PPP) by 2030, propelled by digital-first, strategies.  sustainability.
       •   Investment Surge: Significant, global, investments are,   India’s  construction  design  and  equipment  export  sector  is
          expected, in, data, centers, and, AI, (e.g., Microsoft, Amazon,   transitioning into a global hub, driven by “Make in India,” digital
          Google).                                         adoption (BIM, AI), and manufacturing capabilities. Construction
       •   Resilient Supply Chains: Redesigning, global, supply, chains,   equipment exports are growing, focusing on international
          by, offering, trusted, manufacturing, hubs,.     markets like  the USA, UAE, Saudi Arabia,  Germany, and Italy.
                                                           The adoption of AI-driven design, Building Information Modeling
       This, vision, combines, economic, expansion, with, social,   (BIM), and digitalization is strengthening India’s position in global
       development, strengthening, India’s, position, in, the, global,   construction consulting and engineering design services. The India
       arena                                               construction and design software market is expected to reach
       Propelled by Production-Linked Incentive (PLI) schemes, National   USD 1,259.9 million by 2030, a CAGR of 14.3% from 2025 to 2030.
       Green Hydrogen Mission and supportive policies, Tech and Startup   Bid Management and Project Management and Scheduling
       Boom, Industrial Expansion and growing young Population, India   continue to remain the most lucrative function. Safety & Reporting,
       is expected to become the World’s third largest economy in 2030   Project Design, Field Service Management, Cost Accounting and
       behind China and the USA.                           Construction Estimation too have contributed in global share.
       As of December 31, 2025, the Indian government has disbursed   The positive note on the Indian front is that now its redesigning its
       `28,748 crore under its 14 key Production-Linked Incentive (PLI)   policy on designing digital inclusion and an ethical framework.
       schemes. With an total outlay of `1.97 lakh crore, the initiative has   With real resources, if supported, this could tilt the playing field.
       attracted over `2.16 lakh crore in investments, generated over   With abundance of ingredients like young energy, large market
       14.39 lakh direct & indirect jobs.  The government is exploring   size, enhancing infrastructure and an intense exposure abroad,
       the expansion of the PLI scheme to include more sectors with   Indians will have to scale up the efforts as tried in existing stories
       high employment potential, such as toys, bicycles, and leather/  viz., UPI, CRED, Zomato, Swiggy, Co-Win etc., so that Design
       footwear.                                           becomes a rule rather than an exception in India.
                                                           Global companies like Google, Amazon, Microsoft, JP Morgan
       Electronics Manufacturing & IT Hardware             Chase, Uber etc. have built large scale AI, Data & Advanced
       The PLI Scheme has strengthened India’s electronics manufacturing   Engineering hubs in India where teams own core production
       ecosystem, positioning the country as a major hub for mobile   systems. Across the US, UK & EU, senior AI talent is scarce, hiring
       phones and IT hardware products such as laptops, tablets, servers   takes longer, costs keep rising & competition continues to intensify.
       and all-in-one personal computers. Manufacturing has expanded   Waiting for the market to ease only delays delivery. India has thus
       beyond assembly to include printed circuit board assemblies,   emerged as one of the few places where execution can scale
       batteries, camera and display modules, enclosures and other   reliably, rapidly and efficiently. Thus several factors change how
       critical sub-assemblies, enabling deeper integration with global   India fits into global strategy viz., (a) Indian teams are spread
       value chains.                                       across time zones, (b) India has around 24% of the global software
                                                           engineers and nearly 27% of world’s STEM graduates enabling
       Telecom and Networking Products                     flexibility to grow, (c) India’s ever increasing Data Centre Capacity
       Sales of telecom and networking products have increased   that are handling data engineering, model deployment & AI
       more than six-fold over the base year (FY 2019–20), while exports   governance etc., (d) Apart from Bengaluru, Pune, Hyderabad,
       have risen to `21,033 crore. A significant milestone has been the   Tier 2 and Tier 3 cities have emerged as viable options, (e) For
       deployment of India’s indigenous end-to-end 4G technology   global firms adopting multi-hub global strategies, India often
       stack by BSNL, positioning India among a select group of countries   serves as the central coordination point between mature and
       with such capability.                               emerging markets. (f) India’s resilience reinforced confidence is a
       By supporting strategic sectors, encouraging technology adoption   dependable base for long terms operations.


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