"OUR STRATEGIES AIM TO TACKLE COMPLEX PROBLEMS WITH INNOVATIVE SOLUTIONS"

Deloitte is driving India's growth in technology and innovation by investing in sectors like Al, semiconductors and supply chain advancements, boosting economic potential. India CEO ROMAL SHETTY throws light on this and more in this interview with BW Businessworld's Group Editorial Director Noor Fathima Warsia

- Noor Fathima Warsia

You have made some big decisions regarding Deloitte’s tech investments. In this ‘techade’, as India becomes the innovation capital of the world, would you like to take us through the sectors seeing the highest impact?

Deloitte has been at the forefront of technological innovation, and we are heavily investing in emerging technologies such as Gen AI, 5G, the internet of things, cybersecurity, analytics and augmented/virtual reality across various sectors. To spearhead these, we recently launched a Centre for Innovation and Technology. The centre in Bengaluru features over 100 use cases, demonstrating applications such as 3D printing for rapid prototyping of precision parts and 5G-enabled low-latency communications that drive precision manufacturing across industries. It also highlights the practical benefits of solutions such as intelligent manufacturing, AI-driven content and modern customer experiences.

We also have centres of excellence across Gen AI, ESG, Operate and Space, where we help our Asia Pacific and global clients.

We foresee five key areas being most impacted in this ‘techade’ -- financial services, electronics manufacturing services, semiconductors, industrial products and services and transportation and logistics. These sectors will be crucial in achieving our vision of a $7-trillion economy by 2030 and increasing our share of global merchandise exports from approximately 1.8 per cent to 3 per cent during this period.

You referred to Gen AI a couple of times, and this is a new opportunity for India to focus on AI from a product and service lens. Can you tell us more about the specific AI-driven initiatives you are focusing on?