Author: cnbctv18admin

Generative AI Shaping the Next Era of ITeS Dynamics

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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With the emergence of Generative AI, we are at the brink of a new era, at the cusp of a revolution, where intelligent systems are revolutionizing how services are delivered, offering personalized solutions, and reshaping the industry landscape.

Through this discussion, we will delve into the synergies between Its and Generative AI, explore its transformative potential, and aim to understand the evolving skill sets required for professionals, decode collaborative partnerships between humans and AI, and pave the path for the future trajectory of the ITes sector.

During this roundtable discussion, we will deep dive into the following aspects:

·         Big trends in Generative AI in the ITeS Sector

·         Focus on use cases where Generative AI has driven novel solutions and approaches.

·         Discuss Generative AI’s scalability in meeting the growing demands of the industry.

·         Address the ethical considerations associated with the use of Generative AI in ITES

·         Future trajectory of ITES dynamics influenced by continued advancements in Generative AI

·         Evolving skill set requirements for ITES professionals to adapt Generative AI.

·         Collaborative partnership between human professionals and Generative AI in ITeS

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Future of ITeS: Harnessing Generative AI for Transformation

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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As we look to navigate the evolving terrain of the Information Technology-enabled Services (ITeS) sector, the integration of Generative AI stands out as a transformative force. In this RT  focuses on the future of work with technology at the centre of reinvention on how different industries are using technology to drive innovation in operations and services to circumvent varied challenges that arise during times of crisis. The current competitive landscape of the IT and ITeS industries and the importance of  exploring and implementing Generative AI for sustained growth and competitiveness.

Key highlights

• Emphasise the strategic importance of Information Technology-enabled Services (ITeS) in the current business landscape
• Discuss how technological advancements have been pivotal in shaping the ITeS sector.
• Role of Generative AI as a strategic enabler for business transformation, elevating customer experience in IT and ITeS services
• Potential collaborations and partnerships within the industry to leverage collective expertise.
• Use cases of collaborative efforts in adopting emerging technologies
• Discuss compliance measures and industry standards that organisations need to adhere
• Importance of collaboration between human workers and AI systems in the ITeS sector.
• Address concerns related to data security and privacy in the context of Generative AI in ITeS.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Investing On Autopilot : Pros & Cons Of Balanced Funds

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Deep dive into exploring the power of Asset Allocation so investors can seek to navigate the markets in an informed and healthy manner. MF Mantra aims to empower you with the right knowledge that may lead to wealth creation.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Unlocking Financial Success: The Importance of Investing and How SIPs Can Help You Thrive

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Investing is a powerful tool that can pave the way for financial success and long-term wealth creation. In this article, we will explore the significance of investing, focusing on Systematic Investment Plans (SIPs) as a popular and effective investment approach. We will also delve into the process of investing in SIPs, offering guidance to help you embark on your investment journey with confidence.

The Importance of Investing

Investing is crucial for several reasons. Firstly, it allows your money to grow and outpace inflation, preserving and increasing your purchasing power over time. Secondly, investments offer potential returns that can generate additional income, helping you achieve financial goals such as retirement or education funding. Moreover, investing allows you to diversify your assets, reducing risks associated with keeping all your funds in one place. Lastly, investing instills valuable financial discipline and encourages long-term thinking, helping you build a solid foundation for your future.

Unveiling SIPs – A Winning Investment Strategy

Systematic Investment Plans (SIPs) are an excellent option for individuals seeking a disciplined and convenient investment approach. SIPs enable you to invest a fixed amount regularly in mutual funds, providing benefits such as:

• Rupee-Cost Averaging: SIPs help mitigate the impact of market volatility by buying more units when prices are low and fewer units when prices are high. This strategy lowers the average cost of investment over time.
• Flexibility: SIPs offer the flexibility to start with small amounts and increase investments gradually as your financial capacity grows. You can also modify the investment amount or pause/resume investments as per your convenience.
• Professional Management: SIPs invest in professionally managed mutual funds, where experienced fund managers handle the selection and monitoring of investments, reducing the burden of individual stock picking.

How to Invest in SIPs – A Step-by-Step Guide

Investing in SIPs is a straightforward process that can be accomplished in a few simple steps:

• Set Investment Goals: Define your financial objectives, such as wealth accumulation, retirement planning, or education funding. This will help determine the investment horizon and risk tolerance.
• Choose a Mutual Fund: Research and select a mutual fund that aligns with your investment goals, considering factors like historical performance, fund manager expertise, and investment philosophy.
• Determine Investment Amount: Decide the amount you want to invest in SIPs, keeping in mind your financial capability and long-term objectives.
• Select SIP Frequency: Choose the frequency of your investments, such as monthly, quarterly, or annually, based on your financial planning and cash flow.
• Complete the Application: Fill out the necessary application form, providing relevant details and documents as required by the fund house.
• Provide Bank Mandate: Set up a bank mandate for automatic deduction of SIP installments from your bank account. Ensure sufficient funds are available at the chosen SIP frequency.
• Monitor and Review: Keep track of your SIP investments periodically, reviewing the performance of the mutual fund and making adjustments if necessary.

Investing in SIPs empowers individuals to secure their financial future through a disciplined and effective investment approach. Regardless of market conditions, whether bullish or bearish, SIP investments can continue uninterrupted. Investors need to avoid the common mistake of halting SIPs during market downturns. Instead of ceasing investments, it is advisable to increase contributions during market declines. The decision to discontinue SIPs should only be contemplated when markets are deemed overvalued. Additionally, investors should recognize the importance of adjusting SIP amounts to align with income growth over time. An SIP initiated 14 years ago, when income levels were lower, may no longer be sufficient in meeting current financial needs. Additionally, tax advantages can be gained by investing in tax-saving mutual funds such as the Equity-Linked Savings Scheme (ELSS). Whether you are a novice or experienced investor seeking to strengthen your portfolio, exploring SIP mutual funds is highly recommended. Start investing today and unlock your financial potential.

This is a Partnered Post

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Revolutionizing Healthcare: How AI Technologies are Enhancing Patient Care

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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AI technologies can create systems that promote equitable access to quality care. Enabling precision in diagnosis, aiding preventive healthcare and predicting outcomes, read how AI technology will shape our healthy future.

Healthcare is both dynamic and challenging. India’s National Health Policy (2017) aims to increase Government spending on health to 2.5% of GDP by 2025. India’s biotechnology market is expected to grow at an average growth rate of ~ 30% per year to reach USD 100 Billion, and telemedicine is projected to increase to USD 5.5 Billion by 2025. These observations feed into a NITI Ayog publication which counts healthcare as one of the largest sectors of the Indian economy in revenue and employment.

Amongst the growth is the shortage of quality healthcare. A substantial number of people face poverty due to medical expenses. AI technologies offer hope. Integration of modern medicine with preventive health care brings alive Integrative Precision Care. Here we discuss how AI-enabled technologies will reduce healthcare costs, deliver quality care to the masses, and keep people healthier for longer. A discussion that will come alive at AIM2023, at Gurugram. Hear from the leaders and meet the ecosystem, building integrated healthcare and a better future.

Diagnostics and Detection with AI

Accurate diagnosis forms the foundation of effective healthcare. Unstructured medical data, such as imaging, scans, and lab reports, need to be read and mapped against experience to offer a diagnosis. AI technologies allow for analysing vast amounts of data, and they assist healthcare providers in making diagnoses precise. Machine learning algorithms can identify patterns and anomalies that may not be immediately apparent to human clinicians, thus enabling early detection of diseases.

For instance, AI-powered algorithms facilitate qualitative and quantitative detection of pathogens and enable more effective drug prescriptions. The advanced reporting stage includes flagging radiological signs of diseases like TB, lung cancer & heart failure from primary X-rays. Trained over millions of X-rays AI technologies reduce the time to conclude, allowing doctors to follow disease progression. Algorithms can predict the response to different medications, optimize dosages, and propose alternative therapies.

AI Bringing Alive Preventive Healthcare

The predictive power of AI technologies is gaining muscle; prevention will always be better than cure. Over the world, there is a paradigm shift from disease management to focusing on health and wellness. If you can keep a person healthy for one year, you can save trillions of dollars in healthcare costs.

Ayurveda, the Indian traditional system of medicine, goes beyond evidence-based modern medicine and addresses the root cause of disease. Ayurveda is complex, and AI technologies extend themselves towards bringing this ancient science in sync with the expectations of today. AI principles decipher readings from biochemical and digital markers and map progress for people who choose Ayurveda in their course of treatment.

AI – Aiding Public Health Management

AI can revolutionize public health planning. Real-time monitoring of public health trends using AI algorithms and AI-driven models can predict disease spread, and analysis of population health data can influence resource allocation. Ideas like these will shape a healthy future for us all.

Data and AI in healthcare can potentially add $25-$30 billion to India’s GDP by 2025 . The need of the hour is to stand shoulder-to-shoulder with the leadership. Fixed cost models from earnest organisations will help because the scope of work or cost cannot be deciding factor when addressing public health’s critical and massive expanse.

Ethical Considerations – Challenges in AI Healthcare
As AI technologies become more integrated into healthcare, ensuring data privacy and security is paramount. Sensitive information is being collated. Thus, data storage and anonymisation need strict access control.

AI algorithms have the potential to perpetuate biases. Developers shoulder an ethical responsibility as biases may directly impact diagnosis and doctor judgments. Developers need to work towards fair and inclusive AI solutions.

Ethical AI healthcare solutions should adhere to regulatory frameworks and guidelines. Organisations like Minfy Technologies are committed to adhering to local and international compliance standards like HIPAA, GDPR. By implementing stringent data security protocols, such organizations build trust and maintain the confidentiality of patient information in the AI-driven healthcare ecosystem.

AI – The Capstone for Prescriptive and Preventive Medicine

The potential of AI in building a healthier population is apparent and undeniable. AI technologies offer systems that enable greater precision in diagnostics. It adds vigour to preventive healthcare practices and prescriptive modern medicine. By embracing AI, healthcare providers and policymakers can optimize resource allocation and offer quality healthcare at a massive scale. India can harness the power of AI technologies to create an efficient healthcare system that promotes equitable access to quality care. A wealth of knowledge on how AI technologies are building a healthier future is on display at AIM 2023. Meet Minfy Technologies and a host of health and tech enthusiasts at Leela Ambience, Gurugram on 23 June 2023.

Minfy is on a bionic journey, to build better healthcare.

Minfy Technologies is a trusted cloud partner that understands the evolving needs of healthcare organizations. With a deep understanding of healthcare requirements, Minfy offers a comprehensive suite of tailored services and intelligent solutions.
• HEAL, an AI-powered solution, promotes holistic wellness through collective wisdom.
• Lifespan and Healthspan provide healthcare providers with AI-powered analytics, predictive capabilities, and real-time insights for improved patient outcomes.
• Mygene enables accurate diagnoses, personalized treatment plans, and better patient care through multimodal analysis of omics, clinical, and medical data.
• Healthstorz, an AI-enabled, cloud-based object storage and collaboration tool, enhances data management and collaboration within healthcare organizations.

Partnering with Minfy means accessing cost-effective solutions, seamless integration, and a commitment to driving meaningful change in the healthcare industry. Experience increased efficiencies, improved patient outcomes, and better financial performance with Minfy as your trusted cloud partner.

#AIM2023 #AIForBetterHeath #MinfyHealthcare

This is a Partnered Post

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

ROCKWELL AUTOMATION OUTLINES PATHWAY TO MORE SUSTAINABLE FUTURE FOR INDIAN INDUSTRY

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Sustainable manufacturing is the key to India achieving its Sustainable Development Goals. India Inc On the Move – Sustainable Manufacturing: The New Paradigm for Growth, presented by Rockwell Automation, in association with Forbes India and CNBC-TV18 highlighted the future of Indian manufacturing.

India Inc On The Move – Sustainable Manufacturing: The New Paradigm for Growth conclave, held on 11th May 2023 in Mumbai brought together senior leaders from the manufacturing industry, technology experts, innovators, and policymakers, who deliberated on how to put India on the fast track for smart and sustainable manufacturing. The manufacturing sector will be the stage for one of the biggest opportunities of our times. Contributing 17% of India’s GDP, manufacturing holds the key to realizing the dream of an ‘Atmanirbhar Bharat’. But this growth will have to be predicated on the needs of a sustainable future. Smart manufacturing, in the form of pathbreaking IT and OT networks, promises to resolve these contradictory demands by bringing efficiency to the way we produce and consume things.

The soaring possibilities of sustainable manufacturing animated the day-long conclave. The fourth edition of the conclave coincided with 40 years of Rockwell Automation in India, providing a perfect occasion to celebrate past achievements and look to the future, a fact covered in a rousing welcome speech by Dilip Sawhney, Managing Director, Rockwell Automation India. The company illustrated its vision for the future with cutting-edge products that are improving the interoperability of manufacturing systems.

Representing India’s policymaking elite at the conclave were two remarkable public figures. Shri Nitin Gadkari, Union Minister of Road Transport and Highways of India, enumerated sustainable development action points, especially in specific sectors, like automotive and agriculture. The Minister set a high benchmark for the deliberations to follow, starting with a panel discussion on ‘Ushering sustainable manufacturing with new age technology’, hosted by Parikshit Luthra. Dr. Harshdeep Kamble, Principal Secretary (Industries), Govt. of Maharashtra, delivered a speech focused on Maharashtra’s experiences nurturing a world-class industrial ecosystem, and how it plans to create a US$ 1 trillion economy.

On this occasion, Rockwell Automation launched two new products: ArmorBlock 5000™ 1/0-An On-Machine™ solution that helps optimize productivity, maximize uptime and achieve cost-saving goals, and CPGSuite® – a proven technology on Enterprise multi-site operations with high levels of automation integration and operational complexity. The company demonstrated how innovative, secure, and sustainable solutions can transform business challenges into advantages. The attendees also got a chance to discover cutting-edge technology and actionable solutions through educational sessions and exhibits from Rockwell Automation and members of its PartnerNetwork™.

Featuring leaders of manufacturing industry, like Shishir Joshipura, MD & CEO, Praj Industries, Zarir Langrana, Executive Director and President – Global Chemicals Business, Tata Chemical, Arupendra Nath Mullick, Vice President, TERI, Prateek Pashine, President – Enterprise Business, Jio, and Veena Lakkundi, Senior VP-Strategy & Corporate Development, Rockwell Automation, the discussion touched upon strategies for technology deployment in a country where “35% of the operating budget of manufacturing is being spent on tech”, as per the 8th State of Smart Manufacturing Report by Rockwell Automation. Shishir Joshipura and Zarir Langrana enlisted guiding principles that can help companies invest wisely, while Prateek Pashine noted how upgrades like 5G services have enabled digitization of manufacturing.

The second panel of the day discussed ‘Smart is sustainable-zero waste manufacturing’, hosted by Sonal Bhutra. The panelists Anirban Ghosh, Head – Centre for Sustainability, Mahindra University, Vikas Chhajer, Chief Sustainability & Strategy Officer, Gemini Corporation, Makarand Kulkarni, Whole Time Director & CEO, Revalyu Recycling India, Sudeesh Narayanan, Founder & CEO, Knowledge Lens, and Scott Wooldridge, President – Asia Pacific, Rockwell Automation, unravelled various aspects of green manufacturing and the huge strain on the country’s land & natural resources to support this massive development agenda. The third panel brought together experts on information and security systems to discuss steps to ‘Securing OT environment in the digital age’, presenting a timely counterpoint to the optimistic visions of unfettered digitization.

The last two panels took a holistic view of India’s manufacturing growth, through discussions on ‘Strategies to accelerate emerging industries: Contribution to India’s growth story’ and ‘Lighthouse of the fourth industrial revolution’ respectively. While the former saw leading manufacturing strategists discuss the intricacies of sustainable manufacturing, the latter brought together stakeholders in WEF’s Global Lighthouse Network, like Anubhav Sood, Lead Supply Chain Reinvention and Digital Transformation, Mondelez India, Sandeep Raktate, Senior VP, Cipla, and Soumyadeep Ganguly, Partner and Leader of India Manufacturing & Supply Chain Practice, McKinsey & Company. They spoke about the tech-driven overhaul of manufacturing processes, which have become the hallmark of Industry 4.0 formulations.

For 1200+ attendees at the conclave, it was a perfect platform to learn how smart technology can solve today’s problems for a more sustainable future. And, for India’s long-term economic growth, adoption of sustainable manufacturing was the major thrust area.

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Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Understanding Thematic Funds | CNBCTV18

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Unsure about investing in the stock market , we have you covered . On the CNBCTV18 & Mirae Asset Fund present Wizards of finance , we simplify and decode the best stock market investment options for you. In this video, we shine the spotlight on Thematic funds. Thematic funds are investment funds that are focused on specific themes or trends, like energy or technology. These funds invest in companies related to the particular theme, in order to capitalize on growth opportunities and generate higher returns for investors. They are managed by investment professionals who have knowledge about a specific theme or trend. They can fetch high returns if the investors get the right theme at the right time. Overall, thematic funds offer investors exposure to growth, portfolio diversification and the benefit of professional management as well.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Why are ETFs a great investment tool?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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If you are keen to get the maximum returns on your savings but are wondering how to go about it , this video is for you. So, stop scrolling and watch this. CNBC-TV18 & Mirae Asset Mutual Fund Present Wizards of Finance. In this series, we will help you take the right decisions and empower you with the right information about financial terms and investment options. In this explainer video, we will take you through the concept of exchange-traded funds (ETFs).

An exchange-traded fund (ETF) is a type of tradable security that mirrors the performance of an index, a commodity, bonds, or a collection of assets, similar to an index fund. Put simply, ETFs are investment funds that replicate the performance of specific indexes, such as CNX Nifty or BSE Sensex, among others.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

The Power of SIPs: Smart Investing in India’s Current Market

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

In the ever-evolving landscape of India’s financial markets, Systematic Investment Plans (SIPs) have emerged as a powerful tool for investors. SIPs offer a disciplined and structured approach to investing, making them an attractive option even in tumultuous market scenarios.

Here’s why you should consider investing in SIPs:

• Averaging out market volatility: Volatility is an inherent characteristic of the market. SIPs help mitigate the impact of market fluctuations by spreading investments over an extended period. Through regular investments, investors benefit from the “Rupee Cost Averaging” approach, where they buy more units when prices are low and fewer units when prices are high. This strategy helps reduce the risk of making large investments at unfavorable market conditions.
• Encouraging financial discipline: SIPs foster financial discipline by promoting regular investments. By investing a fixed amount periodically, investors develop a habit of setting aside funds, regardless of market conditions. This disciplined approach eliminates the need for timing the market, reducing the risk of emotional decision-making and potential losses.
• Flexibility and accessibility: SIPs offer investors the flexibility to start with small amounts, making them accessible to individuals with varying financial capabilities. Moreover, SIPs allow investors to increase or decrease their investment amounts as per their financial goals, providing adaptability to changing circumstances.
• Power of compounding: By investing in SIPs for the long term, investors harness the power of compounding. The earlier one starts investing, the more time their investments have to grow. Compounding ensures that the returns earned on investments are reinvested, generating additional returns over time.
• Diversification and professional management: SIPs allow investors to diversify their portfolios across different asset classes and fund types, reducing concentration risk. Additionally, SIPs are managed by experienced professionals who conduct thorough research and make informed investment decisions, enhancing the potential for long-term growth.

To optimize investment outcomes, it is essential to align SIP choices with one’s personal and professional profiling. Here’s a guide on selecting SIPs based on individual profiling:

• Risk Appetite: Understanding one’s risk tolerance is crucial. Conservative investors may opt for debt-oriented SIPs, which primarily invest in fixed-income instruments and provide stable returns. On the other hand, individuals comfortable with market fluctuations can explore equity-oriented SIPs for potential higher returns over the long term.
• Investment Horizon: The time horizon plays a vital role in SIP selection. Young investors with a longer investment horizon can consider equity-oriented SIPs as they have the potential to deliver substantial growth over time. Individuals with shorter time horizons or nearing their financial goals may lean towards debt-oriented or balanced SIPs for stability and capital preservation.
• Income Level: Personal income levels influence SIP choices. High-income earners may benefit from tax-saving SIPs such as Equity-linked Saving Schemes (ELSS), which offer tax benefits under Section 80C of the Income Tax Act while providing exposure to equity markets. On the other hand, individuals with lower income levels may opt for SIPs with lower investment amounts to ensure affordability and consistent contributions.
• Professional Expertise: Professionals with expertise or insights into specific sectors or industries can consider sector-specific SIPs. These SIPs focus on particular sectors, allowing individuals to capitalize on their knowledge and potentially benefit from sector-specific growth prospects. However, diversification should be maintained to mitigate sector-specific risks.
• Financial Goals: SIP investments should align with one’s financial goals. For long-term goals like retirement or higher education, equity-oriented SIPs can be suitable. For short-term goals like a down payment on a house or a vacation, debt-oriented or balanced SIPs can provide stability and liquidity.
• Regular Monitoring: Regularly reviewing the performance of SIPs and making necessary adjustments is essential. Monitoring the historical performance, fund manager expertise, expense ratios, and risk factors associated with SIP schemes can ensure alignment with one’s profiling.

Remember, seeking guidance from a qualified financial advisor can provide valuable insights tailored to one’s specific personal and professional profiling. Their expertise can assist in making well-informed investment decisions and optimizing SIP investments to achieve financial goals. Investing in SIPs based on personal and professional profiling allows for a personalized and strategic approach to wealth creation. By considering several factors such as risk appetite, investment horizon, income level, professional expertise, financial goals, and regular monitoring, individuals can make informed choices that align with their unique circumstances and aspirations.

This is a Partnered Post

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Learn about the cutting technologies that are powering India’s rise as a manufacturing hub

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Rockwell Automation is giving sustainable manufacturing the exalted platform that it deserves, with a landmark one-day conclave that explores key opportunities and challenges.

India is set to make the leap to a $ 5 trillion economy. A key component of this growth will be the country’s manufacturing sector, set to expand to $ 1 trillion by 2030 and contribute close to 25% of GDP. While policymakers have paved the way for manufacturing growth with initiatives like ‘Make In India’, NMP, and PLI, the fulfilment of India’s growth potential hinges on the ability of industry to shift to sustainable manufacturing, aided by a digital transformation of industrial operations. It’s a vital consideration, which forms the main theme of a day long conclave, India Inc on the Move – Sustainable Manufacturing: The New Paradigm of Growth, presented by Rockwell Automation, in association with CNBC-TV18, to be held on May 11^th, at Westin Mumbai Powai, 10 am onwards.

This landmark event will be attended by leaders of the manufacturing industry, technology experts, innovators, key policymakers, and stakeholders representing diverse sections of the manufacturing industry. Some illustrious guests will grace the event to communicate their lofty visions for India’s manufacturing success to the viewers, including Shri Nitin Gadkari, Union Minister, Road Transport & Highways, Shri Uday Samant, Minister of Industries, and Dr. Harshdeep Kamble, IAS, Principal Secretary (Industries & Mining), Maharashtra.

The first of the day’s rousing speeches will be a Welcome Address, to be delivered by Dilip Sawhney, Regional Director, Rockwell Automation. A plenary session on ‘India’s Equity Among Emerging Economies’ will survey the larger industrial and technological factors defining India’s domestic growth and global rise. Having gained a larger perspective on the mechanics of progress, the audience will then split up to attend five parallel series of immersive sessions under the themes of Executive, Industrial, Design, Maintain & Operate and Innovate.

During the Executive sessions, participants will gain strategic insights on the long term impact of sustainable manufacturing. They will understand the different elements that go into creating a sustainable manufacturing framework, through discussions on circular processes, improved water management, environmental impact, among others. The technology-focussed sessions will educate audiences on nuances of digitization, like how to safeguard modern OT networks, the growing need for automation, and the advent of the WEF Global Lighthouse Network. The Industrial sessions on the other hand will deal with tactical interventions in specific industry, covering topics such as the impact of smart manufacturing on the Life Sciences and FMCG sector, the rise of future-ready chemical manufacturing, and innovation in the automotive sector.

The technical sessions on Design, Maintain & Operate and Innovate will unpick core industrial processes and recast them for a digital paradigm. These will include informative Partner Presentations, exploration of modern data analytic tools, and introduction to Rockwell Automation’s suite of cutting-edge software products, like seamless system design and maintenance with FactoryTalk, optimized control decisions with PlantPax, IIoT deployments with ThingWorx, and improved system performance with PowerFlex. Some of these sessions will be glimpses into the future, showcasing how augmented reality could empower digital workers, help in creation of connected services, and unleash the full potential of data.

All simultaneous sessions are scheduled to begin at 2 pm and end at 6 pm, with a tea break in between. Through these in-depth sessions, the India Inc on the Move – Sustainable Manufacturing: The New Paradigm Of Growth conclave will play a key role in accelerating the adoption of sustainable practices across the Indian manufacturing industry. It will serve as a definitive thought leadership platform, where leaders can pinpoint and discuss the dominant trends that will define India’s future as a manufacturing superpower, while extolling innovations that can boost the industry’s progress. For early adopters, the conclave will provide insights into real-world use cases of world class solutions.

The India Inc on the Move – Sustainable Manufacturing: The New Paradigm Of Growth is a gathering at the commanding heights of Indian industry. For any professional or industrial expert, it represents a one-of-a-kind opportunity to partake in the creation of a roadmap to establish Indian manufacturing supremacy. They can pick and choose specific sessions to attend, making it easier for them to gain the most out of a diverse range of insights and information on offer. To miss this would be to miss an opportunity of a lifetime!

Visit https://www.cnbctv18.com/ms/sustainablemanufacturing/ and register for the conclave.   

This is a Partnered Post

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow