Since 2020, many Indian SMEs have seen their top lines stall, not due to weak demand, but because the game has changed. Formalisation and GST-driven market access have tilted the field in favour of systemised, tech-enabled players. For those stuck in the middle, the message is clear: get up or get out. Now’s the time to build structure, not just survive on hustle.
Engineering isn’t just about tools or technology, it begins with knowing how materials behave and building machines and methods around them. From steam engines to semiconductors, every major breakthrough has come from this core understanding. If we want to keep innovating, we must reconnect with the fundamentals – not just deploy systems, but truly build them.
Asset Liability Management isn’t just a banking principle, it’s a lens through which we should view India’s digital transformation. As mid and large-scale businesses invest in core tech infrastructure, we need to reframe these investments as Tech Capex, not quick-win software buys. And that shift has big implications for how we fund the builders behind this movement.