Giant strides have been made in digitising the Indian economy and improving internet penetration, but more conviction is required to get Smart Cities off the block.

The year 2017 was a landmark year for digitisation of the economy in India. Following the demonetisation exercise of November 8, 2016, when 86 percent of liquidity in the system present in the form of Rs 500 and Rs 2000 currency notes, was sucked out in one stroke, the usage of digital modes of transaction has seen a quantum jump.

With its tremendous untapped potential, Karnataka is an appealing locus for French companies.

France and India have always been very close. The ties between our two countries have nevertheless been strengthened over the years: whether it be culture, defence, the economy, education, politics or science, our relationship has now grown into a full-scale partnership. While our bilateral trade in goods is expected to come near the $10 billion mark this year (€8.6 billion in 2016), it bears reminding that our trade in services has also thrived, with France’s exports and imports to and from India reaching about €1.4 billion and €1.8 billion, respectively.

Corporate social responsibility (CSR) observers weigh up how CSR in India is different from the rest of the world.

A majority of Fortune 500 companies have a base in India and according to a Bain analysis report, between 1991 and 2012, the number of MNCs in India more than quadrupled. And over 20 years, total MNC revenue grew at a compound annual rate of 18 per cent — faster than the overall economy.

A new report tracks the opportunities for future technology collaborations between India and the UK to strengthen links in the areas of Smart Cities, Digital Healthcare and Advanced Manufacturing.

Today 30 per cent of India’s population resides in urban centres, with these centres contributing around 65 per cent of India’s GDP. It is projected that urban India will contribute about 75 per cent of the national GDP in the next 15-20 years, while the number of people residing in urban centres doubles to 600 million.

How 4G can transform India’s economy and improve both governance and the delivery of many essential services across India.

In February 2016, Singularity University, an organisation that focuses on the impact of “exponentials”, held their first summit in Asia in Mumbai – in collaboration with Deloitte – to discuss what they felt were key factors or exponentials that would shape societal and business challenges in the coming era. It was a true learning experience to sit through the sessions on various topics such as blockchain, artificial intelligence and robotics, and crowdsourcing, among others, and their possible impact, and listening to renowned professors and practitioners speak on how such exponentials will shape the future.

Nitin Gadkari is among one of the Narendra Modi led government’s biggest assets and has undoubtedly shaken things up as the minister for road transport, highways and shipping. He takes some valuable time out of his incessant schedule for ‘India Investment Journal’ to take stock of where things stand in terms of his enormous infrastructure challenge.