India to be 3rd largest, upper-middle class economy by 2031: CRISIL
The next seven fiscals will see the Indian economy cross the $5 trillion mark and close in on $7 trillion at an estimated 6.7% average annual growth, CRISIL says in a report.
The next seven fiscals will see the Indian economy cross the $5 trillion mark and close in on $7 trillion at an estimated 6.7% average annual growth, CRISIL says in a report.
Unlike product design companies which focus on mechanical engineering, the Tata Group firm has stressed on digital and software to drive revenue.
There has been a surge in small and medium firms turning digital during the pandemic. A booming ecosystem of enablers has been a big help.
“We have to make sure that the new-age skill sets become embedded in the school curriculums and in a scalable manner,” says Rituparna Chakraborty, co-founder & EVP at TeamLease.
The key challenge for 2022 will be sustaining the rebound in growth while central banks unwind loose monetary policies.
Industries' move to digitalise critical power equipment augurs well for the power value chain — from generation, transmission, distribution, to consumption.
The pandemic has brought to the fore the importance of digital infrastructure. For the Digital India programme to succeed, this focus on infrastructure is a must.
Only a comprehensive approach can help devise an appropriate digitalisation strategy. But it needs a company-wide sensitisation programme to make it a success.
Cybersecurity is at a tipping point today, with the adoption of multiple, disparate security tools and the ad-hoc adoption of hybrid cloud. An integrated platform approach is the way forward.
Speaking at the Amazon Smbhav event, the HUL chairman argued that the pandemic has accelerated digital adoption, and it has made companies rely more than ever before on partnerships.