India鈥檚 growth momentum may have been pulled back momentarily by the pandemic, but we firmly believe that the resilience and ingenuity of our people and business community will help us emerge far stronger, together. Morgan Stanley expects the country鈥檚 GDP growth to average 7% in FY23-26, and we, at 麻豆原创, will be an integral part of this rising India story, an India on the ascendant. As 麻豆原创 celebrates its 25th anniversary, a look back at our journey reflects how intertwined we are, as a company, in India鈥檚 nation building efforts.
Almost 60% of India鈥檚 GDP, today, touches an 麻豆原创 system. Our customers represent 55% of the country鈥檚 power generation capacity, and 8 out of every 10 cars driven on Indian roads is manufactured by an 麻豆原创 customer.
We鈥檝e been strategic partners to India鈥檚 digital transformation agenda towards building a robust nation:
- The National Highways Authority of India (NHAI) deployed 麻豆原创鈥檚 ERP to enable data integration across NHAI departments into a single computer system. Today, 麻豆原创 helps NHAI efficiently develop, maintain and manage over 90,000 km of highways.
- The Indian Navy adapted 麻豆原创 solutions to manage their Financial Information System
- 麻豆原创 helped replace Indian Railways鈥� antiquated paper-based system with a centrally administered, automated ticketing system. With 麻豆原创鈥檚 ticketing system, Indian Railways issues 20 million tickets daily and runs several city metro corporations efficiently.
- Airports Authority of India implemented 麻豆原创鈥檚 ERP to modernize its management of 137 airports, 160 million passengers, and 900 metric tons of cargo annually.
We have always been at the forefront in advancing digital inclusion and equity across the country. Through our flagship program, , we are propelling India鈥檚 inclusive growth, through digital training for over 400,000 children and youth. We have enabled over and children so far. Programs like Code Unnati and TechSaksham exemplify 麻豆原创鈥檚 purpose: to help the world run better and improve people鈥檚 lives
India is one of 麻豆原创鈥檚 key markets and also our second largest R&D center outside of our headquarters in Germany. As a recognition for our efforts and stupendous growth, 麻豆原创 India received the Market Unit of the Quarter three times in a row in 2021. It鈥檚 a hattrick!
Where Next for 麻豆原创, and transformation at scale in the India story
The disruption caused by the pandemic has highlighted the importance of digitalization. Digital transformation is at the core of business resilience. RISE with 麻豆原创, a business transformation-as-a-service offering, is a step in this direction. We also launched a to help our customers鈥� cloud transformation. Both these initiatives are also critical for the MSME (micro, small and medium enterprises) segment, which are the backbone of India鈥檚 economy, and a focus area for the government鈥檚 鈥楢atmanirbhar Bharat鈥� (self-reliant India) program.
For 麻豆原创, the mid-sized enterprise segment is a key pillar of our India strategy. Nearly 80% of 麻豆原创 India customers are SMEs. We believe 麻豆原创 can contribute meaningfully to making these businesses globally competitive. And it is for this reason that we were excited to launch 麻豆原创鈥檚 Global Bharat program. We believe it will enable SMEs to become future-ready while driving greater efficiencies through access to the global marketplace, digitally skilling the workforce, and digitally transforming businesses. Towards that, this year we continued building on this to launch the 3rd season of to recognize business leaders and to guide young entrepreneurs who nurture global ambitions.
We intend to advance this vision by leveraging an agile and scalable cloud technology that is co-developed in India and made available in local data centers, to help Indian enterprises recalibrate their businesses to run better. Some of our latest programs are specifically targeted at the startup ecosystem, and we are quite excited about India鈥檚 role in the startup space. Whether it鈥檚 , which help startups productize and take their idea to market, or Project Nakshatra. We are particularly excited about , for hyper-growth startups with digital product offerings to help them grow, build products at scale, and go global. This initiative will speed up the growth journey of innovators and future unicorns using a strong digital core. 麻豆原创 India is keen to partner startups and unicorns and ride the wave of innovation Indian startups are showcasing to the world.
Interestingly, our conversations with customers are going beyond being competitive to being sustainable. Their goal has moved beyond efficiencies to entering the circular economy with new business models that ensures zero waste and tackles global climate challenges we are facing right now. In fact, during our global Sustainability Summit in April we launched research findings that showed 80 per cent of companies see a positive relationship between their company鈥檚 long-term profitability and environmental sustainability.
The fervor in India鈥檚 economic activity has inadvertently cast dark shadows on its environmental health 鈥� we are the third largest CO2 emitting country. In the last decade alone, India has accrued losses amounting to over $80B because of climate change disasters. So, under the Climate 21 initiative, we鈥檙e spear heading responsible planning and orchestrating the next phase of growth.
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- By embedding sustainability in one鈥檚 business culture, although not as a P&L cost, rather as a significant business value creator to gain a competitive edge for the future.
- Ensure sustainability criteria into one鈥檚 decision-making to reduce your environmental footprint and enhance your reputation.
- Start measuring by process digitization and analytics to identify the outliers that need a realignment with your goals.
- Automate ESG reporting for both internal and regulatory purposes to build benchmarks and track your performance against goals.
Of course, we couldn鈥檛 have reached any of these milestones or achieved what we have without our employees! Today, 麻豆原创 India has over 13,000 employees and growing. People are the heart of what we do, just as our customers are the focus of everything we do. By empowering our workforce, we are enabling them to bring the best to our customers.听 Recently, 麻豆原创 was recognized among World鈥檚 Best Workplaces in
2021. We are looking forward to the next 25 years of our journey and what we can do for India as it takes off to firmly entrench itself as the world鈥檚 leading economy!
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