A large majority of Chief Marketing Officers (CMOs) are boosting investments in the field of Generative AI (GenAI), despite of an uncertain economic climate, according to a new survey from Boston Consulting Group (BCG).
The Indian creator ecosystem is one of the most dynamic in the world. With over 2.5 million monetised content creators and influence over nearly 30 per cent of consumer decisions, according to a BCG report, the creator economy is no longer a side hustle, it's a formidable industry.
Only one out of four banks worldwide is using artificial intelligence tools to gain a competitive advantage over peers, even as such emerging technologies are fundamentally transforming the banking sector, according to a report by consultancy firm Boston Consulting Group (BCG).
Asia-Pacific region has surged past North America and Europe, occupying 68 spots in the top 100 value creating companies globally according to a report by Boston Consulting Group titled, 'Value Creators Report'.
The government's substantial incentives for manufacturing, a vast low-cost workforce, and rapidly improving infrastructure are further strengthening India's position. As a result, the country is becoming a preferred destination for foreign investment and trade collaborations.
Some Indian CDMOs have witnessed a 50 per cent year-on-year increase in Requests for Proposals (RFPs) in 2024, as global pharmaceutical companies look to diversify supply chains beyond China. Indian pharma services are priced 20 per cent lower than their Chinese counterparts, making them a c
The report highlights that the "China+1" strategy, which involves companies diversifying operations beyond China, has opened doors for other Asian countries, including India. This shift is driving investments into India's pharma sector, enabling it to expand beyond its traditional focus on g
The Indian mobility industry is charting its unique course and is poised to double and cross USD 600 billion by the end of the decade - by 2030, according to a joint report released by Google and Boston Consulting Group (BCG) at the ongoing six-day Bharat Mobility Auto Expo.
Nishant Gupta, Managing Director and Partner at BCG India, highlighted India's growing appeal as a global manufacturing hub, stating, "India is poised to redefine its role in global trade, with a projected annual growth rate of 6.4 per cent in both GDP and trade over the next decade."
India is not just cementing its position as a global innovation hub but is also an economic bright spot amid global uncertainties. Anil Matai, Director General of OPPI, said, "India's robust pharma ecosystem, bolstered by visionary government initiatives, positions the nation as a global
India is leading in Artificial Intelligence (AI) adoption, according to new research by Boston Consulting Group (BCG), which pegged that 30 per cent of Indian companies are maximizing value through the use of such emerging technology.
India has secured a place in the top three countries in carbon emission reporting. Twelve per cent of Indian companies are reporting emissions as compared to the global average of 9 per cent says the Boston Consulting Group (BCG) in its latest report.