ā€˜India to have 123 million EVs on the road by 2032 under best-case scenario’

The adoption of EVs becomes critical, as the world’s fifth-largest economy prioritizes sustainable development and races to achieve net-zero carbon emissions by 2070, the report said. This can bolster India’s economy while supporting the ambitious target set for 2030—EV penetration of 30%. The report, titled “India Electric Vehicle Charging Infrastructure Market Overview,” outlined the potential…

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Indus Towers downplays satellite internet impact on operations

ā€œBased on our discussions with telecom operators, there are limitations and commercial constraints as far as satellite technology is concerned,” Prachur Sah, managing director and CEO of Indus Towers, said during a call with analysts on Thursday to discuss the January-March quarter earnings. ā€œSo, we don’t see any risk for the terrestrial networks in the…

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India should get ready to shine in future arenas of business growth

Looking at 2005-20, the McKinsey Global Institute (MGI) evaluated 12 high-growth, dynamic industries that did the most to reshape the global economy in these years. MGI then looked at future ā€˜arenas of competition’ that are most likely to drive outsized growth for companies over the next two decades: e-commerce, cloud services, artificial intelligence (AI), semiconductors,…

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