Alternative Dispute Resolution (ADR) mechanisms, such as arbitration, mediation, and conciliation, have long been recognized as effective means for resolving disputes without resorting to litigation. The integration of technology and institutional arbitration stands at the forefront of this transformation, offering unprecedented opportunities to improve efficiency, transparency, and effectiveness in the…
Browsing CategoryTechnology
Digital Public Infrastructure: A Fertile Ground for Indian Agriculture
India’s agricultural industry, which is the backbone of the country’s economy, has long faced issues such as low productivity and market volatility. To overcome these difficulties and usher in a new era of agricultural prosperity, the government’s initiative to establish Digital Public Infrastructure (DPI) is noteworthy. Agri Stack InitiativeFinance Minister…
Handlooms in the Digital Age: How Technology is Transforming Traditional Weaving
Handloom weaving, with its intricate patterns and rich cultural heritage, has been an important element of India’s textile industry for generations. Handloom weaving has traditionally been a labor-intensive process involving manual weaving on looms, with techniques often passed down through generations. However, as we go through the digital age, technology…
Semiconductor Manufacturing: A Path to Sustainable Economic Growth for India
The semiconductor industry, often hailed as the backbone of modern electronics, is pivotal for global economic growth and technological advancement. Recognizing this necessity, India has embarked on a long-term venture to establish itself as a significant player in the semiconductor manufacturing industry. This journey, while laden with challenges, holds immense…
Leveraging New Age Technologies: Applications in the Indian Context
In recent years, India has adopted new generation technologies at an unprecedented rate, revolutionizing numerous industries and paving the way for a dramatic shift in company operations and societal functions. Traditional business structures and procedures are being transformed by technologies such as artificial intelligence (AI), quantum computing, machine learning (ML),…
Nuclear Fusion Patents Bring the Holy Grail Closer
COP28, the recently concluded conference on climate change, has recognized nuclear fusion as a harbinger of new energy supply for nullifying, by 2050, the impact of climate change. Going forward, the International Atomic Energy Association (IAEA) has set up a World Nuclear Energy Group to explore successful utilization of energy…
Digital and Analytics Transformations: Myth vs. Reality
Digital and analytics is top-of-mind for companies across all sectors, with 90% of CEOs believing that it will transform their industry. Yet only ~17% of CEOs have sponsored and launched digital and analytics initiatives. What is holding them back? Surveys and experience working with manufacturers across the globe show that…
Design Sector: India & the World
As India solidifies its position as an economic and technological powerhouse, the spotlight on design’s transformative potential across industries is intensifying. The outdated notion of design merely enhancing aesthetic appeal has been convincingly debunked. In today’s dynamic landscape, design-led innovations, businesses, and technological advancements are reshaping the world, emphasizing inclusivity,…
Transforming India’s Chemical Sector Through Digital and Analytics
India has the potential to become the consumption and manufacturing engine of the global chemical industry. It is witnessing rapid economic growth, has a growing middle class, and is highly competitive at a global level due to its availability of feedstock and skilled workforce along with lower capital and operating…
Navigating the Digital Frontier: Exploration of Global Digital Transformation
The OECD defines digital transformation as the process of using technology for the desired economic and societal effects. Thus, while often used in business parlance, digital transformation holds significance not only for business firms, but also for governments, public sector companies and different organizations involved in tackling global challenges. Digital…