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Showing posts with the label digitalization

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...

Digital Transformation in Agriculture Sector transformed the way of farming

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The use of technology is one of the essential components that constitute "digital" in agriculture. Agritech, as it is more popularly known, is the umbrella term for the use of contemporary technologies and the internet to reimagine agriculture as a global activity. As per Siddharth Mehta of IL&FS , due to their ability to access and analyze previously inaccessible amounts of Agri big data, large and medium-sized businesses now have the ability to add value to the activities they manage. Producers can gather crucial farm data around-the-clock thanks to farm-level data obtained from a variety of sources, including mobile-based agricultural applications, sensors, drones, farm tools and machinery, robotic devices, and other IoT devices. Crop producers may monitor crop development in real time, Siddharth Mehta of IL&FS added, evaluate the performance of the farm plots, and reasonably predict the production for each farm plot using this data when combined with satellit...

Siddharth Mehta of ILFS - Digital transformation in businesses

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      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.

Businesses are moving digital says Siddharth Mehta IL&FS Former Director

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  According to Mr. Siddharth Mehta, former director of IL&FS says businesses should adopt the digital platforms if they want to compete and grow in the Indian market.

After effect of a Pandemic that connects us with mobile apps

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  Globally, the COVID-19 epidemic has caused a severe problem. Due to social isolation, house confinement, and self-isolation, everyone has been experiencing severe psychological suffering. If we are talking about business, Siddharth Mehta IL&FS has also faced tight lockdowns like other industrialists that have caused the global economy to collapse. Unexpected downtime has caused businesses to close. Major financial shocks have hit sectors including manufacturing, travel and tourism, real estate, fashion, sports, entertainment, and hyperlocal marketplaces. Even if all of these influences are enough to break our will, mobile applications have emerged as our support system. While everyone is cooped up in their homes with little to no social interaction, they have stepped in as a reliable ally to save the day. There are certain smartphone applications that have made life much simpler for us while under house arrest during this pandemic. Due to the ban on leaving the house, dema...

IL & FS Former Director, Siddharth Mehta: The Pandemic Has Accelerated Growth in the Digital Space

The Pandemic Has Accelerated Growth in the Digital Space, Says Siddharth Mehta, Former Director, IL & FS : Mumbai (Maharashtra) [India], March 30 (ANI/BusinessWire India): Siddharth Mehta IL & FS Former Director and currently Founder and CIO of Bay Capital believes that 'Businesses will need to think 'digital' if they are to compete and grow over the decade.

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

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  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-...