BCG in the News

Business Standard

Growth of Global Capability Centers in India

In an interview with Business Standard, BCG’s Snehil Gambhir explains that India’s global capability centers (GCC) market is positioned for significant growth due to its concentrated talent pool and “vibrant ecosystem” of diverse GCC models. A BCG study found that India’s GCC employee base is predicted to increase from two million today to five million by 2030. “We see robust growth for GCCs in India,” says Gambhir.

Fortune

Did the Global Economy Avoid an Emerging Markets Crisis?

In an opinion piece for Fortune, BCG’s Philipp Carlsson-Szlezak and Paul Swartz explain why rising interest rates in the US have not impacted emerging market economies as heavily as some financial experts predicted. These economies are now more resilient, better-run, and less profligate than in past decades. “A US sneeze no longer automatically means emerging markets catch a cold,” note the authors.

The Economic Times

High Growth Potential for Artificial Intelligence in India

In The Economic Times, BCG’s Sumit Sarawgi discusses the high growth potential for India’s artificial intelligence (AI) sector. A joint study from BCG and the Indian Institute of Management Ahmedabad (IIMA) found that the successful adoption of AI could add up to 1.4 percentage points to the real GDP growth of India. Sarawgi stresses the importance of people, processes, and business transformation to the success of India’s AI industry.

Forbes

AI Can Help Retailers Offset Rising Costs

In Forbes, BCG’s Tiffany Yeh explains how large retailers can utilize AI to overcome challenges stemming from rising costs and supply chain issues. A joint study from BCG and the World Retail Congress found that 55% of retail leaders surveyed are increasing prices to offset the rising cost of goods. Instead, Yeh urges retailers to use AI algorithms to help forecast demand, anticipate inventory flow, capture customer data, and ultimately offset costs.

South China Morning Post

Southeast Asia Must Embrace Social Responsibility Now

In a guest column for the South China Morning Post, BCG’s Vincent Chin urges Southeast Asian companies to establish environmental, social, and governance (ESG) strategies before new European Union pollution-and-supply-chain-related legislation disrupts the way business is conducted in Asia. A BCG report found that customers, investors, capital markets, and employees reward companies that materially improve the world. “Taking the right action will deliver true return on investment for companies, generate value across operations, and drive positive impact for all,” says Chin.

Gulf Business

How Energy Companies Can Prepare for the Low-Carbon Era

In an opinion piece for Gulf Business, BCG’s Björn Ewers and Jean-Christophe Bernardini explore how oil and gas companies are racing to utilize low-carbon solutions (LCS) as they strive to meet their net-zero emissions goals. To remain competitive, CEOs should prioritize enhancing the organizational capabilities of their LCS businesses to remain competitive. “Oil and gas companies must act quickly to ensure that their LCS teams have the necessary skill sets,” note the authors.

Business Insider

Marketers Optimistic about GenAI

In a video interview with Business Insider’s CMO Insider, BCG’s Chief Marketing Officer (CMO) Jessica Apotheker urges CMOs to empower their employees to experiment with generative artificial intelligence (GenAI). A BCG survey of over 200 CMOs found that while 74% are optimistic about the impact of GenAI, frontline employees need more exposure to the technology to feel confident using it. Apotheker says the key to upskilling successfully is to ensure the process is transparent.

The Economic Times

“This Will Be India’s Decade”

In an interview with The Economic Times, BCG’s Rahul Jain says that India’s gross domestic product (GDP) is expected to double over the next seven years to reach $7 trillion by 2030. With slower growth in other regions, India is well positioned to benefit from a global shift towards diversified manufacturing and supply chains. “This will be India’s decade—the stars are well aligned,” he asserts.

elEconomista

Boston Consulting Group, equipo de Private Equity & Principal Investors en España y Portugal: “Hay capital y ganas de invertir. Los activos atractivos seguirán con buenas valoraciones”

El equipo de Private Equity & Principal Investors de Boston Consulting Group, al frente de la práctica en España y Portugal, recibe a elEconomista Capital Privado para avanzar sus previsiones de cara a la recta final del año con el capital privado como uno de los principales dinamizadores del mercado, tanto en la gestión y optimización de las carteras como en la identificación de nuevas oportunidades de inversión y desinversión.

Europa Press

Expertos analizan en el festival Cannes Lions cómo la IA generativa está transformando el marketing

Europa Press analiza las reflexiones de BCG tras su paso por Cannes.

CNBC Street Signs Asia

Inflation, Geopolitics, Climate Change, and AI Top the CEO Agenda

BCG’s Neeraj Aggarwal joins CNBC’s Street Signs Asia to discuss what’s top of mind for CEOs around the world. He cites a BCG survey of more than 700 C-suite executives which found that economic and geopolitical risk, climate change, and technological revolution are at the center of the CEO agenda for 2023. “There is uncertainty, and there are new vectors of change,” Aggarwal explains.

African Business

Africa’s Fintech Market Poised for Significant Growth

In African Business, BCG’s Aparna Pande outlines why the African fintech market is expected to reach $65 billion in revenue by 2030. Favorable conditions on the continent, including a young, digitally literate population and its low credit card penetration, present significant opportunities for new fintech companies. However, Pande also acknowledges the need to overcome regulatory challenges and limited funding if the African fintech market is to flourish.