Positive impactEconomy
India should become a tech-creator rather than tech-user nation: Niti Aayog vice-chairman Ashok Lahiri
Economic Times 1 hr ago·16 Oct 2026, 6:54 pm
Niti Aayog vice-chairman Ashok Lahiri has emphasized that India must shift from being a consumer of technology to a creator of it to achieve developed-nation status by 2047. He highlighted that rapid economic reforms and structural changes are essential for this transition, arguing that technological progress is key to competing globally.
For investors, this signals a potential long-term shift in focus toward domestic innovation and manufacturing. While the broad market is affected, sectors likely to benefit include software services, hardware manufacturing, and research & development. It underscores the government's push for self-reliance in technology.
Investors should watch for policy announcements and government initiatives that support startups and indigenous tech development. A move toward local innovation could drive growth in specific sectors, but the broader impact depends on the speed and effectiveness of the structural reforms.
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- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
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