The opportunity for on-demand home services in India is huge, but effectively tapping it requires far greater organization on the supply side via an integrated, full-stack services approach to build customer demand and loyalty. • Customer propensity towards in-home delivery in pandemic times is a major positive for on demand...
• When the country found itself in the grip of the nefarious Covid-19 pandemic and subsequent lockdown, kirana stores played a major role in tackling demand for essentials, while e-commerce firms had to cease operations. • As the country enters Unlock 1, digital majors like Facebook-Jio, Google and Amazon are...
• One of the concomitants of Covid-19 and the decline of outdoor entertainment has been a shift to a digital way of life. • Research indicates that there has been an increase in the time spent by people on screen. Mobile users spend more time on OTT, social networking and...
• Startups across the world face a sudden change in the business environment with COVID-19, which threatens to wreck the strategic outlook for many of them. • A survey by Startup Genome reveals that around 41% of startups are in the red zone, with just around three months of cash...
Pankaj Dayama, Senior Researcher and Master Inventor at IBM Research India, asserts that the robustness of a supply chain to any disruptions is largely dependent on the topology of its supply chain network. Blockchain technology can enable supply base visibility, supply chain visibility and supply chain diversification and fix supply...
Dr Rajat Agarwal, Associate Professor, IIT Roorkee, feels that Indian startups have a huge advantage due to domestic demand. He adds that higher responsiveness, lower overhead costs, good team of mentors and support of educational institute-based incubators will be critical for success in the post-COVID era. TPCI: How is the...
• At a time when global investors have decided to move supply chains outside China, the government is looking for ways to make India a global production hub. • One measure that will go a long way in supporting Indian firms tap emerging opportunities is the use of blockchain technology...
• COVID-19 has brought unprecedented tough times globally. Governments across the globe are striving hard to bring back normalcy. • India Inc is also gearing up for the new normal, when the lockdown ends and offices resume work. • The only key to safeguard ourselves and our country against this...
• Artificial intelligence (AI) is estimated to add around US$ 13 trillion to global GDP by 2030, a growth of 16% over 2018. • The usage of AI is expected to accelerate amidst the COVID-19 crisis, particularly due to the emphasis on social distancing. • AI can help replace humans...
• With 451 million active internet users, digitization has left an indelible mark on India, across sectors. • Around 76% of healthcare professionals in the country already use digital health records in their practice. Further, numerous start-ups in India are bringing novel technologies such as wearable-tech, genomics, telemedicine and artificial...
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