The Unseen Engine Roars
I came across a report from the National Stock Exchange (NSE) stating that India's share in global services exports has more than doubled, from 2% in 2005 to 4.6% in 2023. It’s a moment of quiet vindication for those of us who have been watching the nation’s digital and intellectual ascent for years. This isn't just a statistic; it's a testament to the relentless spirit of our innovators, entrepreneurs, and skilled professionals.
Reading this news, I was reminded of my own digital archives. For years, I’ve been chronicling the rise of the very pillars that support this new economy. The core idea I want to convey is this — I had been cataloging and writing about these emerging trends for a long time. In a blog post from 2019, titled Simplifying Search, I shared a way to navigate my writings through keywords. Even back then, terms like "Start Up," "E Commerce," "Artificial Intelligence," and "Social Media" were significant categories, each holding dozens, if not hundreds, of my reflections.
I had seen this coming, not as a single event, but as a gradual, powerful convergence of talent and technology. My writings then were an attempt to document this shift, to suggest that India’s future lay in its knowledge-based industries. Seeing the NSE's data now feels like watching a long-held prediction unfold in real-time. It reinforces the urgency to revisit those earlier ideas about fostering innovation and skilling our workforce for the challenges ahead.
This growth is no longer just about call centers or IT support. It encompasses a vast spectrum of high-value services, from fintech and SaaS to R&D and digital marketing. We have become the world's brain trust, a hub where global businesses come not just for cost efficiency, but for cutting-edge solutions.
Our journey from a 2% share to 4.6% is remarkable. But this is not the destination. We must now ask ourselves how we can accelerate this momentum. The next leap will demand a concerted effort to deepen our expertise in emerging technologies and create an even more robust ecosystem for service innovation. The engine is roaring, and it's time to push the throttle.
Regards,
Hemen Parekh
Of course, if you wish, you can debate this topic with my Virtual Avatar at : hemenparekh.ai
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