Tag Archives: Digitization

Business Consulting

Market Growth Prospects of Banking Sector in India, 2023- 24 – DART Consulting Forecasts Higher Growth in the Next Five Years

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India’s banking sector is sufficiently capitalized and well-regulated. The financial and economic conditions are comparatively better even by comparing with well developed economies. Indian banks are generally resilient and have withstood the global downturn well as can be noted by reviewing previous years records. The Indian banking industry has recently witnessed the rollout of innovative banking models like payments and small finance banks. In recent years, the Banks are increasingly focusing Read more [...]
Business Consulting

Higher Market Growth Prospects of Automobiles & Auto Components Sector in India, 2023- 28 with Expected Growth of 6%

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India has become one of Asia’s largest auto hubs and the market is to become a key player in global auto supply chains.  The auto components industry in India has exhibited impressive growth in the past decade, both in terms of production and exports.  With the ongoing growth of Indian auto industry combined with supporting government policies, the prospects of this industry are also promising.  The country’s auto industry is a mix of foreign players along with local companies which are growing Read more [...]
Technology Consulting

Remote Hiring – Opportunities for Experienced Professionals in India – DART Consulting Launches Remote Staffing Program with its Tech enabled Platform

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 The growth of Information Technology in the early 2000, and the further tech developments pushed up the concept of remote working in India.  However, this concept got mass approval with the onset of Covid which drastically modified the outlook toward remote jobs.  It brought up the concept of  remote working, work from home, especially for the Tech enabled jobs.  Prior to 2019, the data related to remote working was not much available and it was not widely accepted as regular job but known Read more [...]
Market Research

Market Growth Prospects of Real Estate in India 2023- 24 – Expected Growth at 15% – DART Consulting

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The real estate sector reflects the market pulse of consumer and business sentiments in India.  It is the second largest employment generator, and hence this sector is highly important for the overall economic performance and achievement of social objectives.  For nearly a decade, the Rea Estate sector has been going through a major churn out due to slow down after overheating, problems of quality and fragmentation, and then a regulatory overhaul that witnessed many landmark reforms executed to Read more [...]
Business Consulting

India Market Growth Prospects of Food & Beverages – 2023- 27- DART Consulting Forecasts 14% Growth in the Coming Years

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The food & beverage industry encompasses those companies that facilitate the production and manufacturing of various consumable food items.  The ecosystem includes the facilities which transport, serve, or sell such edible products.  This market predominantly consists of beverages & food manufacturing operations, catering, food joints, food transportation facilities, along with other closely related segments.  Being a developing nation with a rapidly expanding population base, India is Read more [...]
Business Research & Analytics

How to Secure Competitive Advantage in the Market – Enterprise Success Strategy Tips

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It is important for all enterprises to secure competitive advantages in the market to succeed in their venture.  Thus, to be an active player in the market, each enterprise needs to focus on monitoring the external environment and securing competitive intelligence. The external environment refers to the factors contributing outside the control of an enterprise that can impact its success.  Analyzing and understanding the external environment is vital to identify its threats and opportunities.  Read more [...]
Digitization

Top UPI Applications and Total Addressable Market in UPI Transactions – Growing UPI Market and Digital India

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After demonetization, the Indian government is pushing for digital and Unified Payments Interface (UPI) payments to achieve the much-needed digitization in financial transactions and accountability.  The transaction through UPI generates payment track and it helps tax authorities to track transactions for all monitoring purposes including taxation.  This is much needed to reduce the influence of cash in the economic system which helps economic planners to take the right decision. UPI is a mobile Read more [...]
Business Plan

Business Models Change during Pandemic 2019 – 21 in India – New Focus Areas are Digitization, Remote Labour, Artificial Intelligence, and Machine Learning

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According to the saying "If your neighbor gets laid off, it's a recession.  If you get laid off, it's a depression," (courtesy - of Harry S.  Truman).  It is a fact that any drop in economic growth results in ripple effects in society.  Recently, most of the countries had experienced a drop in economic growth due to the impact of Covid – 19.  Technically, a recession is two consecutive quarters of negative growth in the gross domestic product (GDP) which was equally occurred in India also. Thus, Read more [...]
Business Research & Analytics

Unified Payments Interface payment and its Growth – UPI Transactions and Growing Accountability in Financial System with Payment Digitization

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Unified Payments Interface (UPI) is a mobile app-based payment system that brings multiple bank accounts to one platform. It results in an effortless funds transfer experience which is quite unique in the industry.  UPI combines various banking services, smooth fund routing, plus merchant payments into a single mobile application (of any participating bank). It also handles "Peer Peer" collection requests, which can be scheduled and paid according to need and convenience. UPI was introduced in Read more [...]
Business Research & Analytics

Growing Digital payment in India and Its Benefits. Types of Digital Payments in India

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Digital payment or electronic payment is a transfer of funds from one account to another through a digital device.  No physical exchange of money is involved in digital payment.  Digital payment is completed with the help of a mobile phone, POS (Point of Sale), or computer, and a digital channel of communication.  In digital payment, both parties use electronic mediums to exchange money.  Payments made via bank transfers, mobile money, and payment cards, including credit, debit, and prepaid cards, Read more [...]