Amazon Web Services (AWS) has announced its plan to invest $8.3 billion into cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region, Maharashtra, by 2030. This investment aims to further expand cloud computing capacity in India, contributing an estimated $15.3 billion to India's GDP. This announcement was formalized through a memorandum...
PwC’s Bob Moritz on India: Not Emerging, India is the Leading Market
At the 7th edition of the two-day Economic Times Global Business Summit 2023 held on February 17 and 18, in New Delhi, Bob Moritz global chairman of PwC speaking on "India's Decade" said, "You should not be thinking about India as the emerging market, India is the leading market...India is...
Digital Literacy Empowers India’s Population
Digitzatiob in India is transforming businesses and governments. Be it paying a vegetable vendor through a United Payment Interface -- a system that powers multiple bank accounts into a single mobile application and also caters to the “Peer to Peer” collect requests which can be scheduled and paid per requirement...
India's Most Powerful Woman Is Now Finance Minister: Nirmala Sitharaman
One of the fastest rising stars in India's cabinet is its new Finance Minister. She has western experience from her time in the United Kingdom and started out as the top spokesperson for the Prime Minister's party just 13 years ago. For the last two years she was responsible for...
PwC Spells Out Telecom Trends in 2017 for India
Arpita Pal Agarwal and her team at PricewaterhouseCoopers, India forecast 5 trends in India's telecom industry for 2017: Data Markets - With the entry of Reliance Jio a price war has begun in the telecom industry. The subsequent increase in data traffic will not compensate for the reduced data revenues,...
Philips Healthcare Localizes Business for Key India Market
The $4.8 billion Indian health care equipment market is dominated by three large multinational companies—Philips, GE Healthcare India, and Siemens—which together account for a major share of high-end equipment. Dutch company Philips, is the market leader. To keep ahead of the competition, Philips India’s operations will re-organize shortly Three factors,...