Avnish Sabharwal

The #GCC ecosystem in India has emerged as a key driver of #growth & #innovation. KPMG in India's paper delves into four top-of-mind considerations for GCCs in India as they continue to build, innovate and scale. Explore in depth

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🌐 Sovereign AI: The New Tech Frontier for Nations 🌐🚀 Countries are racing to develop “Sovereign AI,” an AI ecosystem they control, leveraging local infrastructure, data, and expertise. India is making major strides, with efforts far beyond just Tata and Reliance. 🚀 🌟 Global Sovereign AI Developments 🌍 Globally, some exciting projects are underway: 1. France’s Scaleway 🇫🇷 is building Europe’s most powerful cloud-native AI supercomputer using NVIDIA technology. 2. Italy’s Fastweb 🇮🇹 is launching the country’s first NVIDIA-powered supercomputer, developing localized AI models in Italian. 3. Japan 🇯🇵 is investing heavily in sovereign AI for disaster management and climate resilience, collaborating with NVIDIA to bolster generative AI capabilities. 4. Singapore 🇸🇬 is partnering with NVIDIA to upgrade its National Supercomputing Center, becoming Southeast Asia’s AI hub. 5. The United Arab Emirates (UAE) 🇦🇪 developed Falcon LLM, an open-source AI model trained on local data, positioning itself as a leader in the region. 💡 Why Sovereign AI? Data Sovereignty: Nations need control over their data for security and privacy. AI-Powered Growth: AI tailored to local needs can drive industries like healthcare, agriculture, and education. Digital Independence: Relying solely on foreign tech creates vulnerabilities. 🇮🇳 India’s Role in Sovereign AI India is stepping up with initiatives like Digital India and INDIAai, while startups and mid-sized firms are joining the AI race. Companies like Adani & Sterlite Technologies are building the digital infrastructure needed for AI factories and data centers, critical for a thriving AI ecosystem. Indian companies like Fractal Analytics are at the forefront of this movement, developing AI-driven decision-making platforms, while Hugging Face collaborates with Indian universities to localize AI models for Indian languages. India is already benefiting from NVIDIA’s collaboration with top universities, and AI Centres of Excellence are fostering partnerships between the public & private sectors to advance AI research & applications. 🚀 Opportunities for Companies and Leaders: Invest in Local Talent: Upskilling talent will be key to staying competitive. Infrastructure is Critical: AI factories and data centers are the backbone of sovereign AI. New Markets: Tailored AI solutions for local needs will unlock new growth areas. With global players like NVIDIA driving sovereign AI initiatives, this is more than a trend—it’s a tectonic shift. Even Microsoft & Google are localizing their efforts to adapt to new regulations. There is an incredible amount of developments in this space, and across the AI ecosystem. It is quite hard to keep track of all the developments being released which shows the pace of innovation in AI across different countries. What are your thoughts on sovereign AI?💡💭 #ai #sovereignai #india #business #technology #innovation #artificialintelligence #economy #ML #datacenter

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Beautifully stated! Hoping to see such focus in more areas such as waste management, water recycling and carbon sequestration over the next few years. #Unionbudget2024 #ClimateFuture #ESG #SustainableFuture #GreenIndia

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From the desk of Prof.(Dr.) Sushil Srivastava, CPIM, CSCP, PMP, CISA, CDPSE August 4th 2024.... Who’s vulnerable in the Job Market with the advent of AI? Displacement and change in the job market can significantly affect workers and their families. The impact of automation is particularly concerning for those living paycheck to paycheck, as even a brief disruption could lead to immense stress. Millions of Americans may need to switch occupations to secure new means of livelihood. Identifying who is at risk of displacement is crucial, as the effects of automation vary across different occupations with skewed demographics. Looking beyond the risks, there are also opportunities. While low-wage jobs are on the decline, there is potential for individuals to secure higher-paying positions through skills training and increased employer willingness to take hiring risks. It is imperative for the United States to swiftly establish large-scale retraining programs and enhanced job-matching systems to facilitate successful transitions for individuals in the evolving job market landscape. The decline of low- and middle-wage jobs could continue as more high-wage jobs are added: The loss of middle-wage jobs and the resulting polarization in the job market is a well-documented historical trend. While the share of middle-wage jobs is likely to continue declining, our analysis finds that lower-wage jobs could see an even faster decrease, especially as office support customer service, and sales jobs continue to disappear. While the individuals in low-wage jobs today are most vulnerable due to shrinking demand in office support, customer service, and sales jobs, this also presents an opportunity to help them land better-paying jobs. Looking at this shift from a different vantage point, this could be a positive opportunity for more inclusive growth as the US economy rebalances toward higher-wage jobs. Training and less rigid hiring approaches will be essential to creating those pathways. Despite this overall rebalancing toward higher-wage jobs, it is important to note that some of the fastest-growing occupations are still some of the lowest-paying in the economy. Several of these are roles that provide vital social and economic infrastructure—most notably home healthcare aides, nursing assistants, and childcare workers. These jobs are disproportionately held by women. Meeting these needs, especially at a time when workers have more options, may depend on upgrading the quality of those jobs. Indeed, a shortage of childcare and elder care is already keeping some people out of the workforce. Pl. let me know your thoughts & views...

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https://lnkd.in/gDgUp5bJ Government policies play a pivotal role in enabling industrial clusters to thrive by addressing critical needs such as infrastructure, financing, market access, and innovation support. Successful examples from China, Germany, and India demonstrate that well-structured policy interventions can drive regional growth and competitiveness. However, a critical assessment reveals the need for adaptive, region-specific policies that address local challenges and ensure equitable development. As governments continue to refine their approaches, the focus should be on creating a balanced policy framework that fosters innovation while providing the necessary support for SMEs to thrive in competitive global markets.

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Read our latest article on the Capability and innovation Hubs (CIH) and its implications for the India ecosystem. India is strategically positioned to capture 𝟯𝟱-𝟱𝟬% 𝗼𝗳 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗖𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗛𝘂𝗯𝘀 (𝗖𝗜𝗛) 𝗺𝗮𝗿𝗸𝗲𝘁, 𝘄𝗵𝗶𝗰𝗵 𝗶𝘀 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗴𝗿𝗼𝘄 𝗳𝗿𝗼𝗺 $𝟮𝟲𝟱-𝟮𝟵𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 $𝟯𝟵𝟬-𝟰𝟮𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟮𝟳. https://lnkd.in/giGdT6qY

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AI is transforming economies around the world, but not all countries are equally prepared to lead in this new era. As we see in India, a rising contender in AI readiness, proactive government initiatives like the National AI Strategy and investment in education and training can significantly boost a country’s position in the AI landscape.​ ​ BCG's AI Maturity Matrix evaluates 73 economies on AI readiness and exposure. Countries like India, with its large, tech-skilled workforce and rapidly growing AI startup ecosystem, show how strategic focus can accelerate AI adoption across sectors, from agriculture to fintech.​ ​ Understanding where each country stands—and learning from rising contenders and pioneers alike—is essential as AI reshapes global economies. Find out where your country stands and what steps can drive sustainable AI growth: https://lnkd.in/d7XYDmYK

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As India gears up for the upcoming budget, for me - quality of life, inclusive growth and infrastructure - including digital infrastructure will take centrestage. Strengthened public-private partnerships, along with digital-led interventions in almost all areas will forge a robust path ahead for Viksit Bharat in 2047.    Substantial Improvement in the quality of life of citizens should be at the forefront of the government agenda. Since nearly 70 percent of the urban infrastructure needed by 2047 is yet to be built, the government has an opportunity to think out of the box while creating it. For example, the government can actively use combinations of technologies such as Big Data, AI and Digital Twins and simulate the future urban centres through extensive citizen consultations. Doing so will help governments prioritise and efficiently allocate their investments, ultimately helping them earn a better social and economic return on capital invested. We must use innovative technologies to reimagine and subsequently transform rural centres into vibrant industrial hubs capable of gainfully engaging working age citizens. This would gradually stimulate reverse-migration. Further, private financing will need to play a significant role to ensure that the public exchequer is not overburdened.    When we talk about inclusive growth - another area comes to mind - Healthcare. Healthcare needs to reach where roads can’t take us - and digital plays a vital role. Programmes like Ayushman Bharat and One Health Mission can get tremendous fillip, scalability and accessibility through data and analytics, AI and other technologies, impacting overall health and wellbeing of the country.    Expectations are high for increased allocations towards digital infrastructure, AI especially GenAI, and cybersecurity, aiming to bolster government and citizen services. A lot rests on India’s AI journey will depend on India’s foray into domestic semiconductor manufacturing. This will not only pave the way for tech-led programmes to thrive, make our imprint on the global value chain, but also spur economic growth. To ensure the success of the Indian Semiconductor Mission ISM, the Government must focus on helping it thrive through intra-agency collaboration, secure continuous talent supply through industry-academia linkage, as well as ensure infrastructure quality and policy continuity.    We are well on our journey - what we now need are boosters from the Budget 2024 to ensure an inclusive, technologically advanced and economically robust future.

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Have introduced a new terminology in this piece for Times of India — Techplomacy. Prime Minister Narendra Modi’s engagements with top tech global business leaders are not only aimed at investments but also introduce a new string in India’s global outreach and geopolitical positioning….. At a time when the world is grappling with a rise in geopolitical conflicts, India is employing a defining diplomacy tool – Techplomacy – which may not only help in accelerating economic growth, but also build deeper bilateral and multilateral relations with major economies. https://lnkd.in/gTCgYzwz

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Abhijit Varma and I wrote about how AI and DPI can significantly contribute to broader economic growth and public health by expanding access for the underserved population. #ArtificialIntelligence #ResponsibleAI #DigitalPublicInfrastructure #India #Trilliondollareconomy

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In the recent Accenture study on #semiconductor #manufacturing of over 300 global executives, several emerging trends are outlined among which two are moot for #Bharat especially: 🔹 #Geodiversity and #Automation - emerging as key focal points 🔹 Ecosystems and partnerships with industry, academia & government - fast becoming the mantra for success With a 50% increase in allocations for #MeitY in the Union Budget 2024, the spotlight is firmly on expanding our semiconductor market, making this an important inflection point for the industry. As India leverages its demographic dividend & talent availability, it is imperative for us to become proactive leaders in areas like #automation, #security and #emerging technologies. More ideas, insights, and innovations await at the upcoming "Accenture Semicon Futurecast 2024" – where the industry's top minds will convene to discuss building a self-reliant semiconductor ecosystem in India. Only one week to go! #Semiconductor #semicon #supplychain #electronics #manufacturing #hightech #Bharat Saurabh Kumar Sahu Arun Khurana Kaushal Mody Ryosuke Sato Sandeep Dutta Sourabh Jalan Berjesh Chawla Rajesh Thakur Amit Khurma Ankur Aggarwal Manoj Bhadgaonkar Vineet Ahuja Subhamoy Das Shishir Jain Arushi Garg Shyamli Nimkar Akansha Srivastava Sandeep Chopra Rohan Kamat Ashwani Tandon Accenture in India Gwyneth Lloyd-Jones Timothy Chu Vijay Baliyan, CMRP

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Suzuki's decision to import cars from India to Japan marks a significant milestone in the automotive industry, highlighting the growing economic synergy between the two countries. This strategic move leverages India's competitive manufacturing costs, allowing Suzuki to offer more affordable vehicles in Japan while maintaining high quality. It also fosters an exchange of technology and innovation, enhancing automotive capabilities and opening new market opportunities. This development underscores the importance of new global partnerships, exploring alternative supply chain options and more! Hoping to see Nissan, Toyota and Honda follow suit! #japanindia

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The 'great value shift' in the automotive industry demands a fresh approach to leadership. In their enlightening podcast, my colleagues Gaurav Batra and Anuj Chandna outline the emerging opportunities and how to seize them. They discuss the necessity of agile organizations, creative workforce strategies, and customer-focused business models. Tune into the latest episode of the Advanced Manufacturing and Mobility Business Minute podcast to gain valuable insights on steering your company towards growth and resilience. https://go.ey.com/3Sk2kTv  #FutureOfMobility #eMobility

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In an exclusive interview with Forbes, Megha Chawla, Senior Partner in Bain & Company’s India office, discusses why India's tech talent has become a non-negotiable part of the global CEO's strategy and the prospects for the nation's tech landscape. In the age of AI, India's IT services companies have become important partners to global businesses, she says. Read the full interview here: https://lnkd.in/gKDbT5FY

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🚀 The AI landscape in India is witnessing unprecedented growth! As we navigate through 2024, organisations are not just experimenting with #GenerativeAI - they're propelling it into real-world usage. 🎯 The latest EY report reveals a promising trend: upto 40% of POCs within Global Capability Centers (#GCCs) have transitioned to production, showcasing a commitment to harnessing AI's potential. Yet, the journey isn't without its challenges - data privacy, hallucination in models, and costs are critical factors under consideration. 🌟 Document intelligence is emerging as a key opportunity, with ~20% of the use cases focusing on document summarization, enterprise knowledge management, and search. These capabilities can unlock significant value and bring an impactful improvement in critical processes like #ContractManagement, #Procurement and #ThirdPartyManagement. 🔍 The report also suggests a two-speed approach: rapid, structured experimentation alongside building a robust enterprise AI platform. This integrates front-end experience, automation, classical AI, and modern data stacks. 🌐 #GCCs leading the charge in adoption, it's time for domestic enterprises to leapfrog into #GenAI, overcoming hurdles to unlock its transformative potential. 🔗 Dive into the full report for a deep dive into the state of GenAI in India and how it's reshaping digital landscapes. #GenerativeAI #GenAI #DigitalTransformation #AIInnovation #EYInsights #AIforBusiness #TechTrends #InnovationInIndia #EYInsight #EYIndia #AIdea

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I foresee a range of transformational changes in the future of mobility, including a transition to vehicle technologies that go beyond fossil fuels and the integration of Artificial Intelligence and Machine Learning for advanced data analysis, enhancing predictive and prescriptive capabilities in movement of both passenger and goods. Additionally, smart mobility is enabling a more integrated and efficient mobility system through unified digital platforms. With digital solutions, cities can streamline connectivity and offer seamless transitions across modes, real-time data and seamless payments. This not only enhances the user experience but also optimizes resources, reduces emissions, and promotes sustainability. These advancements set the stage for a future pf mobility ecosystem that is efficient, sustainable, and resilient. I shared more insights in an exclusive interview with Megha Manchanda at ETInfra. Aashima Garg Shreya Bajaj Megha Manchanda Pallavi Das Alina Hasan #SmartMobility #AI #UrbanMobility #FutureofMobility

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The EV transition in India presents both challenges and opportunities for #MSMEs, which constitute about 80% of auto component manufacturers. Recent discussions with #ACMA's northern and western chapters have highlighted the critical need to focus on workforce skilling and technology upgradation for these enterprises. We discussed the new growth avenues that this #EV transition presents to the auto component manufacturing, as well as the latest industry trends and potential benefits from the #UnionBudget2024. To shape a #VibrantBharat, we must #GoBeyond our current initiatives. Collaborative action is needed to support workforce skilling and MSME technology upgradation, enhancing their readiness for the EV transition. By fostering partnerships, we can create a robust framework that supports MSMEs through this transition. The future of India's automotive sector lies in our ability to adapt, innovate, and collaborate. Let's work together to ensure our MSMEs not only survive but thrive in the EV era. Samved Patil, Hitesh Gupta

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The transition to electric vehicles (EVs) is crucial for India's sustainable future, addressing both environmental concerns and energy security. However, to fully harness this potential, localizing the manufacturing of critical components is essential. The current state of EV manufacturing reveals an urgent need to localize vital parts, ensuring a resilient supply chain. As the strategy for EV manufacturing evolves, the role of component suppliers becomes increasingly significant, highlighting the need for collaboration across the industry. Understanding the cost structure and localization of EV components is vital for enhancing competitiveness. The current landscape of motor technology, particularly traction motors, presents opportunities for disruption and innovation. With a promising market for E-axle and hub motors, investment trends indicate a bright future for powertrain development. Key recommendations for stakeholders include Improving PLI Effectiveness, Dedicated support for Rare-earth free Motor Technologies, Sustained push for Semi-conductor and Electronics FAB, and R&D Manpower in electrical/motor design Thank you very much EVreporter.com Priyakshi Gupta for organizing the webinar on EV Powertrain and special thanks to Athul Nambolan and Samvartasom Pathak for making this possible Amitabh Saran roy Kurian Akshay Aggarwal Ramesh Lakra Nipanikar Mahesh Sajal Kishore Vivek Sharma Vishal Ahuja Rahul Lokmanwar Uday Narang Devanshu Tandon Dinesh Mishra Tribeni Roy  #ElectricVehicles #Sustainability #powertrain #tractionmotors #localmanufacturing https://lnkd.in/g4ymKkHW

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