Bundling a gRPC application written in Typescript with Webpack

webpack.conf.js

const path = require('path');
const nodeExternals = require('webpack-node-externals');
const {TsConfigPathsPlugin} = require('awesome-typescript-loader');

module.exports = {
    mode: 'development',
    entry: './src/index.ts',
    target: 'node',
    // ignore node_modules when bundling with webpack
    externals: [nodeExternals()],
    devtool: 'inline-source-map',
    node: {
        __filename: true,
        __dirname: true
    },
    module: {
        rules: [
            {
                loader: 'ts-loader',
                test: /\.ts$/,
                exclude: [
                    /node_modules/
                ],
                options: {
                    configFile: 'tsconfig.json'
                }
            }
        ]
    },
    resolve: {
        plugins: [
            new TsConfigPathsPlugin()
        ],
        extensions: ['.ts', '.js']
    },
    output: {
        filename: 'index.js',
        path: path.resolve(__dirname, './dist')
    }
};