Creating Wealth Via Tech Route In The Days Of Disruptions And Tougher Competitions

Joydeep R Ray and Karan Bhojwani sniff around a number of large conglomerates operating in India to understand how they have been creating wealth while facing business threats from unexpected quarters in these days of tech evolutions. While they figure out the imminent threats, they also find spirit of India Inc. remains unputdownable. Meanwhile, Lohit Bharambe and Abhishek Kumar speak to almost two dozens of captains of the country's various industries.

- Avalokita Pande and Nikita Singh

One of the most prominent faces of India’s pharmaceutical industry, Kiran Mazumdar Shaw, Chairman & Managing Director of Biocon, spends a significant chunk of her daily schedule to monitor technological evolutions within her company. Looking at the recent happenings around the world which have not only cut the business calendars shorter, brought unexpected challenges from not-so-much known quarters, she believes technological disruptions can only be negated with the help of innovations and technological advancements. This has become a regular practice in Biocon’s campuses as Shaw believes to create wealth, companies like Biocon must increase their R&D spends. Talking to DSIJ exclusively, the captain of Biocon said, “In today’s world, technology is playing a transformational role in enabling innovation, and driving change. Information technology, communication technology and biotechnology are rapidly and disruptively changing the way we communicate, educate, medicate and eradicate.”

Then comes this more human story when Lata, a mother of two, a working woman proficient in the advertising field, needed to take her children to an animated movie on their special day i.e. birthday, because of her busy schedule she forgot to go to silver screen corridor to book tickets. However, an hour prior to the show, she managed to book the tickets, but not by going to cinema hall personally, but rather through an application in only a solitary snap.