As of today, India is considered as one of the major superpowers that dominate the world, not only in terms of military capabilities but even in terms of scientific innovation, economy, and ideology. Nevertheless, most people would recognize India as the country with one of the most significant leaps in its GDP in the past decades, which is mainly due to its increasing economic prowess brought about by significant changes in its core administrative policies. Aside from these changes in its policies, another factor that could be attributed to India’s growth is its immense population which provides manpower. However, all of this would not be possible without India’s Industrialization.
Compared to its other superpowers, it could be said that India (and China) has relatively started industrializing relatively late. This is because power such as the United States, Russia, and France amongst other have started their own decades ago. Despite being a late-bloomer, India has not let its starting point hinder its growth to be almost as comparable as its predecessors. Luckily, India is one of the densest regions in the world, and as of today, industrialization through mass production and crowdsourcing are still ones of the most popular, as the age of fully automated production has not yet to come. And as India tried to battle overpopulation, it then used its numbers and focused on industries which requires mass numbers with cheaper labor wages as compared to other regions of the world. Thus, at first, India entered into industries such as mass production and Business Processes Outsourcing (BPO) (e.g. Call Centers). Since most companies prefer to look for cheap but efficient work labors, many of them invested in the country and India has benefited from this growth.
However, as India continues to grow it recognizes that it also has to compete with other superpowers in terms of producing more complex products, while also trying to enter more accessible markets as early as possible. Therefore, India has entered an age of industrialization which focused on complex and highly in-demand products around the world such as pharmaceuticals, bio-engineering, nuclear technology, informatics, and technology-oriented higher education. More specifically, India and many of its residents has now engaged in teaching online courses which are viewed by millions (if not billions) of people around the world, who are wanting to learn with less the hassle needed by going to a traditional classroom-setting to learn. Nuclear technology is also being developed more, not only because of the increase in its number of rivals brought about by its growth, but also to satisfy its need for a more sustainable energy supply. As stated bioengineering and pharmaceuticals are also being developed in the country, since these are some of the products which are deemed to be very useful in the decades to come as food shortages and other potential calamities might threaten the world in different ways.
In today’s context, these trends of industrialization in India (and China) has now changed the playing field throughout the globe since both of these countries has started making their own products with less cost, and thus, a lower price. Adding to the fact that these countries with more powers of people-driven mass production, could now manufacture more complex products which less the cost than other superpowers, more innovation relative to the price competition is surely bound to happen in the near future since other countries would fear to lose business. Nevertheless, what is important to remember is that because of India’s industrialization and the trends that it follows, our world would surely be a better place to live in.
