Technology
The technological capabilities of India have a long and eventful history. From the time of British rule, India’s economy was subjugated to external need, depleting India’s resources and inhibiting national economic development. With independence in 1947, the industrialisation process was an inward-looking strategy. The country was to develop and use its own resource, cheap labour, for production and gradual capital accumulation. Success would be measured from the transition from labour-intensive industrialisation to capital-intensive industrialisation.
India was presumed to only require sophisticated technologies once the transition had been made successfully. The early-post Independence government did not foresee sophisticated technology and skill to be the major driving factor of productivity growth in the industrialisation process and therefore neglected emerging industries such as microelectronics and computers.
