Tag: digitalization

Digitalisation Takes Centrestage As It Continues Improving India’s Small And Medium Enterprises
Business

Digitalisation Takes Centrestage As It Continues Improving India’s Small And Medium Enterprises

Adopting digitalization will prove to be an important step toward success.The Indian economy has made a spectacular comeback in terms of growth rate.India’s economy has faced numerous challenges, but its growth rate has remained steady, thanks to the significant contribution of small and medium industries. These industries have already added a substantial Rs 2 crore to the economy. As the country sets its sights on reaching 5 crore, the role of the SME (Small and Medium Enterprises) community becomes crucial in propelling economic growth. One of the key steps towards achieving this goal is embracing digitalization, as highlighted by William Hasko, Head of Small Business Marketing, Asia Pacific, India, and Japan, at Dell Technologies, during a conversation with Network 18.In today’s interc...
India to Overtake US as World’s Second-Biggest Economy by 2075: Goldman Sachs
Business

India to Overtake US as World’s Second-Biggest Economy by 2075: Goldman Sachs

Last Updated: July 11, 2023, 02:49 ISTUnited States of America (USA)A man carries empty water bottles past a bronze replica of the Charging Bull of Wall Street, inside the premises of the Bombay Stock Exchange (BSE) in Mumbai, February 1, 2023. (Reuters)India's long-term forecast predicts it will surpass the US and become the world's second-largest economy by 2075. There will be a number of key driversIndia is projected to become the world’s second-largest economy by the year 2075, surpassing the United States, according to a forecast by American investment bank Goldman Sachs. As the most populous nation on the planet with 1.4 billion people, India’s potential lies in boosting labor force participation and providing training and skills to its vast talent pool.At the moment, India stands t...