By the end of 2018, the country will have an average of nearly 300,000 IT professionals, and more than 150,000 software engineers.
However, India will need to hire just under 40,000 more software engineers than it has now to meet the demand.
This means that the country’s IT sector will have to do some serious digging to fill its technical and creative vacancies.
In a survey of over 400 technology companies conducted by Techcrunch, they were able to identify five Indian startups with the most promising software engineering candidates: eXec, a start-up specializing in building cloud-based systems for government, public and private sector; Ora, a software platform for creating virtual and augmented reality experiences; and Hintify, a platform for building smart home automation and predictive analytics.
Ora has already been awarded the government’s first venture capital funding.
In addition, two other Indian start-ups have also won the government funds: Flipkart, the online shopping platform, and Ola, the ride-hailing platform.
While the government will likely invest more in software and other tech firms, the government has also been spending heavily on infrastructure to make the country more efficient.
The government has launched the “Infrastructure India” project to create more efficient and sustainable infrastructure.
The project has been in the works for some time now, and has received the nod from the National Highways Authority of India (NHAI) for completion in 2019.
The NHAI has approved more than 30 projects under the project, which aims to improve infrastructure and speed up the pace of road construction.
A large portion of the infrastructure, including highways and ports, will be funded by a loan.
A significant chunk of the funds, however, will come from the existing $1 trillion debt that India has amassed since the global financial crisis.
The loans will also be used to build new roads and bridges.
For a country that has been struggling to find new ways to spend its money, India’s infrastructure will be a big help in making its economy more efficient, but the country may have to dig a little deeper in order to get the most out of its money.
1Correction: An earlier version of this story misstated the amount of funds allocated to the Infrastructure India project.
The actual amount of money allocated for Infrastructure India was $5 billion.