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The small and medium businesses (SMEs) in India include 63.4 million units and accounts for nearly 30% of India’s GDP, employing about 460 million people. The sector also makes up for 33.4% of the India’s output in manufacturing, giving employment to around 120 million Indians, according to CII. When it comes to exports, the SMEs…
The post Why Indian SMEs Are The Next Revenue Generators For Big Tech Companies appeared first on Analytics India Magazine.
The Indian government has set a target of being a $5 trillion economy by the end of the current term in 2024. In a meeting before proposing the Budget for the next fiscal year, the Economic Survey tabled a plan to make India one of the world’s biggest economies in the next 5 years. One…
The post Economic Survey 2019 Shows The Government’s Rising Interest Towards Data appeared first on Analytics India Magazine.
The NDA government has come into its new term with a renewed gusto towards analytics in the public sector. Recognising the disruptive effect that the upcoming AI wave will have on citizen’s day-to-day activities, the government has put it on a spotlight. One of the biggest needs for a healthy analytics ecosystem in any given…
The post India’ Open Government Data Platform Is Helping Data Scientists Kick-start Their ML Journey appeared first on Analytics India Magazine.
A startup called Element AI in its annual report reported that India stands at rank 9 in terms of number of AI specialists working in the field. The report results were based on the study that the startup did on the number of authors who published papers at international conferences in the year 2018. It…
The post India Among Top 9 In Worldwide Rankings In Terms Of AI Specialists appeared first on Analytics India Magazine.
The resounding electoral triumph of PM Modi has affirmed India Inc’s and the startup ecosystem’s faith in their leader who can push for reforms, make India a strong digital economy and usher in positive changes to help India advance in R&D and technological innovations. We tap into the buzzing SME sector in India to gauge…
The post India’s Startup Community Hail Modi 2.0, Root For Growth & AI Adoption appeared first on Analytics India Magazine.
The Ministry of Company Affairs recently announced that the MCA21 e-Governance service would integrate AI into its operations. The initiative is said to make compliance processes easier while optimizing routine activities. The MCA 21 portal is an application that allows new businesses to complete registration procedures easily. It was an initiative undertaken by the MCA…
The post Corporate Affairs Ministry’s Plan To Integrate AI In MCA 21 Portal Will Make Business Registration And Compliance Easier appeared first on Analytics India Magazine.