Employ global best practices

10 OCT,2022 | MEDC


As India moves towards a digitalized economy in an increasingly digitalized world, it is important to keep abreast of global best practices. From the environmental perspective, digitalization is the key that can help to unlock net-zero for industry, both in the public and private sector. About a hundred trillion dollars of value addition to the global economy is expected from digital transformation by 2025, and India must ensure that it gets its due share. An accelerating adoption of existing and frontier global technologies and using them to power digital business models for local socioeconomic development is the way ahead. A successful scaling of technologies is necessary to advance our top digital priorities in the industrial sector, as well as enhance the quality of e-governance. Digital technologies, if scaled appropriately across industries, could deliver up to 20% of the reduction needed to achieve our net-zero targets. Being aware of global best practices in our development strategies matters.

*Picture Credit: Google

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