Decoding the Digital Future
Business Today India|September 15, 2024
By 2047, Al, EVs, and semiconductors will create India’s blueprint. They have the potential to not only enhance digital infrastructure but also address long-standing challenges like urbanisation and climate change
DANNY DCRUZE
Decoding the Digital Future

AS INDIA APPROACHES its 100th year of Independence, it stands on the brink of a monumental transformation. Emerging technologies such as artificial intelligence (AI), electric vehicles (EVs), and semiconductors are poised to become the pillars that will shape the country’s future. Experts believe that by embracing these innovations, India will not only secure its place as a global powerhouse but will also be able to tackle some of its most pressing challenges.

THE AI REVOLUTION

Let us kick things off with AI, which has the potential to revolutionise industries, improve governance, and enhance everyday life, say experts. Puneet Chandok, President of Microsoft India and South Asia, says as the world’s fastest-growing major economy, India is uniquely positioned to harness AI’s potential. “Generative AI’s rapid diffusion is transforming boardrooms to classrooms... We envision a future where every student has a personalised tutor, and every person can access personalised medical advice,” he says, adding that India has the twin advantages of a young population and a large developer base. And with 76% of enterprises focussed on Gen AI investments and with 1.5 million engineering graduates passing out annually, the market is poised to transition from the “information revolution” to the “intelligence revolution” by skilling its workforce in AI, he adds.

Rajiv Kumar, MD of Microsoft India Development Center, agrees. “AI’s growth will evolve from basic language models to advanced ones, excelling in analytical, emotional, and action intelligence, moving India towards its goal of being an AI-first nation,” he says.

This story is from the September 15, 2024 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 15, 2024 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView All
The EV Craze
Business Today India

The EV Craze

The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly

time-read
5 mins  |
November 10, 2024
The Storage Boom
Business Today India

The Storage Boom

Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?

time-read
8 mins  |
November 10, 2024
India Beckons
Business Today India

India Beckons

Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before

time-read
4 mins  |
November 10, 2024
The Pearls of The Sea
Business Today India

The Pearls of The Sea

Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it

time-read
4 mins  |
November 10, 2024
66.Brand persona should define the core"
Business Today India

66.Brand persona should define the core"

I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.

time-read
1 min  |
November 10, 2024
Unwind in Style
Business Today India

Unwind in Style

Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury

time-read
3 mins  |
November 10, 2024
A Lifelong Affair with Inspiration
Business Today India

A Lifelong Affair with Inspiration

In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art

time-read
3 mins  |
November 10, 2024
Make it Bubbly
Business Today India

Make it Bubbly

Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles

time-read
4 mins  |
November 10, 2024
Palatial Splendour
Business Today India

Palatial Splendour

Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers

time-read
7 mins  |
November 10, 2024
Of Beaches and Cream
Business Today India

Of Beaches and Cream

GianChand Single Malt Whisky

time-read
1 min  |
November 10, 2024