The Rise of Digital

Best Leaders in Enterprise Software-art2

What does digital mean?

For some administrative, digital is about technology. For others, digital is a new way of engaging with customers. And for others still, it represents an entirely new way of doing business. None of these definitions is necessarily incorrect. Digital describes electronic technology that generates, stores, and processes data in terms of two states: positive and non-positive. Positive (represented as 1) and non-positive (represented as 0). These values, called bits, are combined to form bytes that serve as the foundation for all computer systems.

How did India become digital?

Digital India was launched by the Prime Minister of India Narendra Modi on 1 July 2015, to connect rural areas with a high-speed internet connection to improve digital literacy and to improve the economy. The Government of India’s launch Bharat Broadband Network Limited (BBNL) which executes the BharatNet project is the custodian of Digital India (DI) project.

Digitally growing industries in India

After being digitally connected some of the industries are growing fast in India. Here I have listed Top 4 fastest-growing industries in India.

  • Food Industry: India is the 2nd leading food manufacturer in the world. In India, the food industry is made up of vegetables, fruits, milk and milk products, chocolate, chick and meat, fishery, and sweetmeat. The food industry is growing day by day. The country also has a strong place in the production of prepared food that has expanded in the last few years. Modern smart factories of food processing are adopting digital transformation in their manufacturing by adding the latest digital technology consisting of advanced robotics and artificial intelligence, hi-tech sensors, cloud computing, data capture and analytics, 3D printers, software-as-a-service, and other advanced marketing models.
  • Infrastructure Industry: Building and constructing have seen a roaring after the promotion of the “make in India” program by Prime Minister Mr. Narendra Modi. Infrastructure development is a gate to create smart cities equipped with airports, schools, transport facilities, highways, and hospitals. For the growth of any modern industry and to reach its welfare in the rural areas, infrastructure is important. We all know the hotel industry, tourism, and e-commerce industries have been immense growth in the past few years.
  • Financial Industry: India’s mobile payment system is now one of the most advanced in the world. Payment has become so easy and fast recently, and it’s becoming easy that now we don’t need to swipe ATM cards, one tap is just we have to do because of the tremendous growth of digital payment. Transactions through mobile apps increased more than three times from 112 crores in April 2020 to 370 crores in June 2021 and consequently raised its values from 3.6 lakh crore to Rs 11.4 lakh crore. Please note that digital payments can take place on the internet as well as in physical places. For example, if you buy something from Nykaa and pay for it via UPI, it qualifies as a digital payment. Similarly, if you purchase something from your local Kirana store and choose to pay via UPI instead of handing over cash, that also is a digital payment.
  • Healthcare industry: Healthcare is a huge market in India that’s the reason healthcare is the fastest growing industry in India. The private and public both are big industries in the country. By using technology, the medical field can make discoveries regarding treatments, data collection, symptom and disease research, cure research, human aiding devices (like hearing devices and speaking devices). Technology has made the medical area very accessible to people.For example, now we can order medicine at home with just one click, we have so many apps that can bring medicine to us (NetMeds, practo, 1mg, medlife, pharmEasy) many more. Now we can do a medical test by sitting at home without going out, this is how digitally we are growing.

Is digital India important?

Digitalization has been one of the most important trends in India for the past few years. This rapid growth is helping India to grow and helping India’s technological innovation. Digital India is a concept to change the education system. And it is happening, right? Delivering education through digital platforms to children and teachers. We are getting everything while sitting at home just in one click. So yes, I think digital India is important for all of us.

Leave a Reply

Your email address will not be published.