Siddharth Mehta of ILFS - Digital transformation in businesses

 

 
 
Digital transformation in businesses is growing after the pandemic, according to Siddharth Mehta of IL&FS former director the businesses will need to think digital if they want to grow in the Indian economy.

Comments

Post a Comment

Popular posts from this blog

"People are going Cashless" unveil the effect of Digitalization in India

Image
  The COVID-19 epidemic has caused disruptions in economies all around the world. However, these difficulties provide businesses a chance to prosper by adjusting to a new reality, going contact less, and going digital. Digitalization now has a new meaning and will continue to have an impact on more industries. As Siddharth Mehta IL&FS says, “Now is a great time to focus on digital transformation by acknowledging its requirements while the globe considers methods to lessen the disruption caused to mankind”. Digitalization fueled up the businesses to go online and they start their online profile and some of the businesses created applications to give their customer easy access and connectivity. The aftermath of this action really aids digitalization. People of almost every age group started using Mobile Apps to purchase almost everything and payment digitally through the UPI ID. These UPI ID is another example of successful implementation of Digital India during the COVID-...
Read more

Siddharth Mehta IL&FS former director views on the growth of the trade finance industry

The rise of the trade finance industry in India has been remarkable in recent years. Trade finance refers to the financing of international trade transactions, such as importing and exporting goods and services. According to Siddharth Mehta IL&FS former director the growth of the trade finance industry in India can be attributed to several factors. First and foremost, India has emerged as a major player in global trade, with exports and imports growing rapidly in recent years. As a result, there is a growing demand for trade finance services to support these transactions. Secondly, the Indian government has taken several steps to promote international trade, including launching initiatives such as Make in India and Digital India. These initiatives have helped to boost the country's export capabilities and have created a favorable environment for the growth of the trade finance industry. Thirdly, the adoption of technology has played a significant role in the growth of the trad...
Read more