India faces ongoing tech challenges post-COVID transformation

The COVID-19 pandemic accelerated digital transformation in India, but real-world challenges remain. As life returns to normal, issues like infrastructure, regulations, and business models continue to limit progress in technology sectors. The semiconductor shortage during the pandemic led to increased investments in domestic manufacturing. Despite government support, India's semiconductor imports rose significantly, highlighting ongoing dependency on foreign supply. In fintech, digital transactions surged, but regulatory changes have impacted many startups. While Unified Payment Interface transactions grew dramatically, venture capital investments in fintech dropped sharply, reflecting a shift in the market landscape.