INDUSTRY RISK REVIEWS
JUNE 2024
Generative AI in India
Artificial Intelligence (AI) has undergone significant evolution over the decades, transitioning from initial enthusiasm and speculation to more grounded and impactful applications across industries. While early AI efforts focused on rule-based systems and narrow task automation, recent advancements have propelled AI into a transformative phase. One of the most notable developments in this progression is Generative AI (GenAI), a class of AI capable of creating new content, mimicking human creativity by learning from vast datasets.
SEPTEMBER 2024
AGRITECH INDUSTRY IN INDIA
The agriculture sector is a vital pillar of the Indian economy, contributing 16.5% to the nation’s GDP and employing 44% of its workforce. As a leading global food producer, it faces growing food security challenges due to rising population. This highlights the need for technological innovations to enhance efficiency, productivity, and sustainability in agriculture.
JUNE 2024
PETCARE INDUSTRY IN INDIA
India’s petcare sector is witnessing remarkable growth due to changing lifestyles. Innovations in technology are reshaping the industry with products such as automated litter robots, tech-enabled games, and pet carriers for vehicles. From pet food and accessories to grooming, veterinary care, and even pet insurance, the market offers a wide range of opportunities.
APRIL 2024
PHARMA INDUSTRY IN INDIA
Ranked 3rd worldwide in volume and 14th in value, the Indian pharmaceutical industry holds a crucial position in global healthcare. While its contributions are noteworthy, fostering greater collaboration among industry stakeholders, government entities, and regulators is needed to sustain and strengthen India’s position as the ‘Pharmacy of the World.’
JULY 2023
HEALTHCARE IN INDIA
India’s healthcare sector is witnessing remarkable traction and has become one of the largest contributors to the Indian economy in terms of revenue generation and employment opportunities. This development has solidified the country’s perception as an appealing investment destination for both global as well as domestic investors.
JUNE 2023
5G IN INDIA
Revolutionizing connectivity, 5G has the potential to develop sectors beyond mobile services, including logistics, medical services, manufacturing, retail, and education. With its impressive speed, extensive reach, and low latency, 5G can connect a higher range of users and devices, offering a wide range of opportunities for innovation and transformation.
APRIL 2023
ESG IN INDIA
ESG (Environmental, Social, and Governance) is a set of performance standards used to evaluate an organization’s governance mechanisms and its focus on environmental and social impact. The scope of ESG has evolved, and regulations are likely to be imposed on Indian companies to address issues concerning climate change.