Can IT products see 10x growth?

Can the Indian software product sector move from a 10% growth to a 10x exponential growth? In recent times, we have seen successful executions of the 10x mindset in India. Transactions using India’s own domestic payments platform UPI hit a landmark of one billion in October, three years after its launch, with over 100 million users, making it the fastest adoption of any payments system globally. Its popularity can be attributed to its simple, safe, hassle-free system.

Most conversations about the technology industry in India are centred on the behemoth-sized tech services or the accelerating e-commerce/ fintech sectors. The product story is somewhere in between — we want to be a product nation, build IP and create the multiplier impact that products can enable. But how do we bring this story mainstage?