With the rise in Internet and mobile phone penetration, India has witnessed digitalisation in almost all walks of life and business. While some sectors have embraced the digital economy as the new way of life - for example, movie ticket bookings - others in the e-commerce domain like online pharmacies and grocers, are unduly taking time to make this shift.
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Indian companies need to invest more in R&D
To stay competitive, companies have to be on their toes to cope up with integration of new technologies and sustain it in the long run, says Amit Gupta, CEO, Essar Projects (Hydrocarbons),
EPC gives scope to value engineering and project cost optimisation
The Engineering, Construction and Contracts (ECC) Division of L&T, whose major activity is under EPC, has a claim to be the largest construction and EPC company in the country.