Mumbai, April 21 (IANS) India has emerged as the global leader in the adoption of artificial intelligence for personal health, with a striking 85 per cent of consumers already using AI-powered tools — far ahead of major developed markets, a new report revealed on Tuesday.According to a study by Boston Consulting Group (BCG) titled “Consumers Are Ready for AI-Enabled Health Care. Health Systems Need to Be, Too,” Indian users are embracing generative AI at a pace unmatched globally.The report…
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New Delhi, April 10 (IANS) Artificial Intelligence (AI) could help companies globally increase revenue from general trade sales channels by 15 to 20 per cent, a new report has said.The report from Boston Consulting Group (BCG) said AI-powered firms use cases in sales planning, execution, and operations including AI-powered sales companion and 24/7 digital sales agent to boost sales.AI can integrate structured data such as billing records and loyalty data with unstructured inputs including store …
Mumbai, Feb 24 (IANS) India’s e‑commerce market, currently at $120–140 billion, is projected to reach $280–300 billion by 2030, even as it remains 7–8 per cent of total consumer spending, a report said on Tuesday.The report from Boston Consulting Group said that even amidst rapid growth of e-commerce offline retail remains resilient, having grown at an annual rate of 13-14 per cent over the past four years.Market is entering a phase of coexistence between online and offline retail, wit…
Mumbai, Feb 16 (IANS) India’s retail market is set for massive expansion over the next decade, with its size expected to more than double to Rs 210–215 trillion by 2035 from around Rs 90–95 trillion in 2025, according to a new joint report released on Monday. The report, unveiled by Boston Consulting Group (BCG) and the Retailers Association of India (RAI) at the Retail Leadership Summit 2026 here underline the strong consumption momentum in the country and highlight how technology, especi…
New Delhi, Jan 15 (IANS) Indian chemical companies should transform into global-scale institutions by pivoting from quantity-based metrics to solving chemistry problems for customers, a report said on Thursday.A new report from Boston Consulting Group (BCG) urged chemical companies to integrate into capex super cycles early to capture returns in the 2030s, along with many other recommendations to improve growth.With the domestic market projected to exceed USD300 billion by 2030, incremental grow…
New Delhi, Dec 22 (IANS) States that adopted Aadhaar‑linked digital payments and biometric authentication reduced welfare leakage by approximately 12.7 per cent, setting a benchmark globally in public welfare integrity, a report said on Monday.The report from Boston Consulting Group (BCG) said that governments worldwide distribute over $21 trillion in public payments to citizens annually, but $3 trillion is lost due to fraud, error, or inefficiency.In India, biometric authentication and direct…