Can India will become a new silicon valley of the world till 2050

Can India will become a new silicon valley of the world till 2050

In my opinion "good things takes time to happen but they happens" what it means in it means that India can become the new silicon valley of the world till 2050 as it has a lot of technicians in the field of tech like Sundar pichai CEO of google is from India and many more tech giants CEO's are from India and that got happend because of the brilliant mind of India. India has a lot of people who are good in tech and it also has some achievements which is achieved at a budget and a certain price which is even low than the budget of some hollywood films which makes it different from the world but for achieving that India has to improve and solve some of it's issues which is creating issue for becoming the next silicon valley of the world -

Budget 

It's India's speciality that it creates things at a very low budget which is India known for but it's very difficult to create things all time in budget it is good that people are able to create rockets, computers, laptops etc at a budget and provinding the best quality they can but if the budget of a project is too good and high then there are high chances that the end product must have a lot of features compared to budget one but I feel good that India is providing such features in that budget only and if someone will give them a better budget then I guarantee that they can provide more better features then any other country provide at that budget.

Lack of practical knowledge 

The main problem with India's education system is that they are not able to produce technicians who have a practical knowledge of their field. They only memories the theory which is not more important then the practical for example - if a person didn't swim in a pool and not practiced it then how could he swim and become a swimmer in the future. So, it's necessary that the education system of India should focus on practical more than the theoritical knowledge and India is trying to improve In 2020 BJP has introduced the new education system of India which is mainly based on practical knowledge for the children not on theoritical knowledge which is the first step towards good and practical knowledge for children. And thumbsup for their decision.

High tax on companies

In last some days Tesla is trying to sell their cars in India but they having an issue that tax in India is very high that's why they are not able to open factories sell cars in India.  But why companies want to open factories in India because In India their is a huge workforce and a lot of population through which it is a very big market for the all companies in the world but when they try to open a factory & sell their products they have to pay high tax which affects the profit of the company a lot they pay high tax through which their profit gets low and they gets the minimum profit and they start their factories in China because they also have a huge population of skilled workers and they also low taxes for the companies and provide a lot of features which helps the companies to start their business in China easily compared to India and recently due to this reasons of Indian Taxes etc some big companies like Paypal and siteground left India and stopped selling thier services for India. But The Indian Government has found a solution for this for attracting foreign investments they have promised that they will low tax and give them some ports to export their cars all around the world which is a good step and they also started some slogans like vocal for local and the atmanirbhar bharat campaign which is used to encourage people to buy Indian products and support Indian comapnies and small businesses in India.

Infrastructure

And the last not the least India's infrastructure, India's infrasture is very poor compared to the rest of world and which is also a big reasons why companies don't open factories in India because this reduces the speed of transportation due to bad roads but The Indian Government has started some infrastructure projects in India to attract more foreign investment like The Dholera Smart City Project, Bharatmala (To fast the work of transportation) and smart cities missions, etc and all this projects will get completed before 2030 and I believe that due this foreign investments would be likely to start businesses in India.

Conclusion

India has taken initiatives and this is the most important thing because if they have seen problems then have solved them as fast as they can and I believe this problems in India will get solve before 2030 and till 2050 they will be successful to attract foreign investments and at that their could be a lot of comapnies in India their own also and foreign companies too.

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