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Indian Companies Should Be Diligent With Investments in Industry X.0 – Report

Indian Manufacturers Should Balance Their Digital Investment to Drive Sustainable Growth as Accenture Report Reveals Six Key Actions for Indian Companies to Gain Value from “Industry X.0”

It has recently been revealed that the manufacturing businesses in India are keen to invest in digital technologies but are struggling to derive tangible business benefits due to an imbalanced approach to digital investments.

digital technologiesWhile researching 29 manufacturing and production companies in India with an annual turnover of at least US$1 billion, the latest report of Accenture reveals that Indian companies are keen to leverage digital for growth.

The Accenture study further argues, 76 percent intending to use digital to create new, experience-driven revenue opportunities. However, it yielded only 31 percent plan to use digital to drive greater operational efficiencies, likely missing out on bottom-line improvements.

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Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

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