Tag: Growth

SBI Securities, the trading and investment arm of the State Bank of India, achieved remarkable growth in 2022-23 FY - with revenue +44.8% & net profit +32.2%. Their digital platform drove 3.6 million customers activation and gained 307.5% net profit growth and 236.5% total income growth in 5 years. With CEO Deepak Kumar Lalla's optimism for 25% productivity increase in FY 23-24 - SBI Securities is a great example of customer service enabled success.

Shipsy is a leading SaaS-based, global smart logistics management platform provider, growing their top line and establishing a regional headquarter in Riyadh amongst other initiatives - 70% increase in talent pool, MoU with Monsha'at, and investing in innovation, R&D, etc. With AI and automation-powered solutions, the company serves Fortune 100 global retailers and others to reduce transportation costs and carbon footprints.

The Biden Administration has shown its eagerness to join India's economic miracle - a journey towards becoming a trillion-dollar economy in the next 10 years and a developed nation by 2047. This opens the gates for increased bilateral trade between the two countries and larger investments in the revolutionary technologies like space exploration, AI and quantum computing. Aiming to reach a USD 500 billion trade in bilateral relations, the two countries have already achieved a record high of USD 192 billion in 2022. India has also set its foreign direct investment (FDI) record with an inflow of USD 81.72 billion in 2020-21; the US being the 2nd highest FDI provider to India with USD 13.82 billion. Numerous dialogues like India-US Commercial Dialogue and India-US Economic and Financial Partnership Dialogues have enabled India to become a part of the inclusive, flexible & growing Indo-Pacific Economic Forum.

At Goa Institute of Management, 480 post-graduate students were presented with diplomas and Infosys Co-Founder Kris Gopalakrishnan presented the keynote speech on the rise of ChatGPT and its potential to propel India to a top economy. Fifteen medals were awarded to student achievers and GIM was accredited by AMBA, joining the exclusive club of only 296 institutions. ChatGPT's fast user growth and AI technology can revolutionize India's economy.

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