The winners in business have shifted markedly in the past decade—and the keys to success are likely to be very different again in ten years’ time. How should leaders prepare their companies to thrive in a rapidly evolving landscape? What will it take to win the '20s?
While the Indian Power Sector recently achieved the distinguished feat of 100 percent household electrification, ensuring cheap and reliable power 24X7 to all its consumers is a great challenge. Despite making significant progress, long power cuts are still the norm for select states and districts in India. In this backdrop, emerging technologies pertaining to distributed energy systems are gaining momentum across the country. While such systems have the potential to empower customers to move towards self-sufficiency, they are also perceived as a significant threat by DISCOMs.
As the banking sector nears the point of inflection, there is a need to assess new paradigms which would define the success for the banking industry. The gap between strong and weak banks is widening by the year, necessitating a change in the landscape of the industry.
Digital Powers Consumer Durables: A $23 Bn opportunity by 2023
By 2023, the Indian Consumer Durables industry will reach $36Bn and a whopping 63% of this will be digitally influenced sales, translating into a $23Bn opportunity. Approximately 80% of digitally influenced consumers today decide their brand after researching online, in a short window of 2-3 weeks and companies will need to win these consumers to stay relevant.
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