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Siddharth Mehta IL&FS believes that business need to think 'digital'

Businesses need to think digital if they want to survive in an Indian market says Siddharth Mehta (Former Director) IL&FS.

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Siddharth Mehta IL&FS believes that business need to think 'digital'

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  1. WHOISSIDDHARTHMEHTA? SiddharthMehtaIL&FSFormerDirectorand currentlyFounderandCIOofBayCapital In a career spanning 19 years, Siddharth has gatheredextensiveexperienceasafund managerworkingcloselywithglobalinstitutional investors and managing and advising on their Indianinvestments.

  2. SiddharthMehta IL&FSFormerDirector andCIOofBayCapital "The Pandemic Has Accelerated GrowthintheDigitalSpace" SiddharthMehtaIL&FS FormerDirector

  3. WhatSiddharthMehta Says?? Businessesneedtothink'DIGITAL'iftheywanttogrowin Indianmarket Indiansspendalmost6.5hoursperdayonline Low-costsmartphoneswillleadstothegrowth of digitaliztion Interneteconomycouldgrow10xinthenext10years Siddharth MehtaIL&FSisinterestedininvestinginan Indianmarket

  4. Businessesneedtothink'DIGITAL'if theywanttogrowinIndianmarket SiddharthMehtabelievesthat"Businesseswillneedto think'digital'iftheywanttogrowinanIndianmarket. MostofthepeopleinIndiaareusingdigitalplatformin their day to day lives which will increase the usage of internetandtheincreaseofdigitalizationintheeconomy alsohelpsinthegrowthofIndianmarket.

  5. Indiansspendalmost6.5hoursper dayoninternet Consumer awareness and dependence on internet is increasingeachdayandthereisahugepossibilityinthe growthofdigitalspacetooinIndia. FormerDirectorSiddharthMehtaIL&FSSayspeople spend6.5hoursoninternetinadayandthiswill increasethedigitalizationinanIndianeconomy.

  6. Low-costsmartphoneswillleadsto thegrowthofdigitaliztion Acording to Siddharth Mehta IL&FS, Indian people are moredependentoninternetthesedaysandthecostof smartphones and data packs are also decreasing so mostofthepeoplehavesmartphones andinternetconnectivitywhichleads tothegrowthofdigitalizationand internetintheIndianeconomy.

  7. Interneteconomycouldgrow10xin thenext10years AfterthepandemicIndianeconomysurgerapidlyinterms of digital platform. Consumer dependence on internet is increasing everyday, after pandemic everyone start adaptingthedigitalplatformveryquickly.Beitisonline payment,bankKYC,openingonlineportalofgovernment authorized websites, educational services and working throughdigitalplatforms.

  8. SiddharthMehtaIL&FSisinterested ininvestinginanIndianmarket Mr. Siddharth Mehta is very optimistic about investing in anIndianmarket.Aswecanseethatafterthepandemic theirisahugeboomofdigitaliazationintheIndianmarket whichledtothegrowthofanIndianeconomy.So,that encouragesSiddharthMehtatoinvestinanIndianmarket ratherthananyothermarket.

  9. THANKYOUSOMUCH FOR WATCHING ToreadfullarticleofSiddharthMehta visitthelinkgivenin thedescription

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