A growing middle-class population, higher spending power and per capita income and the increasing share of young professionals in India today have given way to initiatives like Make in India that aims at increasing the contribution of the manufacturing sector to the country’s GDP. Manufacturing is growing at an astounding rate, and with the government’s … Continue reading Making Manufacturing Smart: Predictive Maintenance
Did you know that there are more than 55 life insurance and non-life insurance companies that operate in India alone? That’s a huge number, and it allows for fierce competition! Owing to individuals’ higher disposable income, increasing life expectancy, economic growth of the country and the Government’s increased FDI limit, investments in the insurance sector … Continue reading How Technological Disruptions Have Become A ‘Game-changer’ For The Indian Insurance Sector
The blockchain truly has shaped up into one of the biggest technological disruptions of the decade. A digitized, distributed and secure ledger that guarantees immutable, transparent transactions, it gives both parties involved a proper breakdown for each transaction, thus ensuring credibility throughout the entire process. The most popular implementation of the blockchain are cryptocurrencies, the … Continue reading Could Cryptocurrency Take Over The InsureTech As A Premium Payment Alternative?