As we overcome the global pandemic, it is very important for us to act collaboratively and make the nation and our industries self-reliant. In the long run, the economic challenges to becoming self-reliant are primarily related to our manufacturing, and infrastructure sectors. Modernisation of these sectors is a must to speed up productivity. This must also be accompanied by tech investments across them. It is time to re-invent us as a destination for innovative solutions that support engineering design, and create hubs supporting local innovations at different levels. The Indian Government is also supporting the industry by bringing in initiatives like Make in India and Aatmanirbhar Bharat.
As India advances digitally, its ripples can be felt across various areas including e-payments, e-health, digital literacy, farming, financial inclusion, geographic mapping, rural development, social benefits programmes and language localization.
Similarly, enterprises too have integrated technology into their businesses. However, digitalizing enterprises is not merely integrating new technologies or modernizing the existing ones but leveraging technologies such as AI, ML, Big Data and Advanced Analytics to become digitally transformed.
For enterprises to be competitively ahead in the ecosystem, it is required from them to offer services and experiences better than its competition to help meet customer demands. Customers expect performance, responsiveness, authenticity, and consistency in messaging.