The Economic Times, Aug 14, 2017
Indian business landscape is likely to be influenced by trends like artificial intelligence, automation and digital currencies in the second half of this year, says a report.
The Sanctum Wealth Management’s Mid-Year Investment Outlook report for 2017, which identified key trends that are likely to influence asset allocation decisions, noted that companies with disruptive leadership will thrive.
“The advent of artificial intelligence, sharing economies, automation and digital currencies are likely to disrupt the face of the Indian business landscape as we know it today,” said Prateek Pant, Head of Products and Solutions, Sanctum Wealth Management, in a research note.
The report said key investments will be in innovation in the fields of energy, transportation and manufacturing, among others.
The report noted that currently solar energy represents roughly 1 per cent of energy production but by 2027, 57 per cent of India’s total electricity capacity will come from non-fossil fuel sources.
Similar kind of disruption is also visible in the transportation sector. Electric cars accounted for 0.8 per cent of new car sales in 2016, and their sales figure are witnessing a steady rise.
“A shift to electricity and alternative sources of power looks set to positively impact the potential growth rate of the Indian economy,” the report said.
It further noted that artificial intelligence (AI) and automation will emerge as the next leg for smart manufacturing.
“As we embark on the second half of the calendar year, with markets in a strong, euphoric uptrend, we seek to identify the key trends that will, in the months to come, provide crucial inputs into asset allocation as well as bottom-up portfolio construction decisions,” said Shiv Gupta Founder and CEO at Sanctum Wealth Management.
Registered Office: CoWrks, Level 3, Birla Centurion, Century Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400030 Contact number: +91 22 6288 6100 | CIN: U74140MH2015PTC264932
CoWrks, Level 3,
Birla Centurion, Century Mill Compound,
Pandurang Budhkar Marg, Worli, Mumbai - 400030
Contact number: +91 22 6288 6100
| CIN: U74999MH2017PTC302008 |
Real Estate Regulatory Authority License no. (A51900011805)
For any grievance or disputes please contact us at the above address and phone number or send us an email to firstname.lastname@example.org. In case you are not satisfied with the response, you may contact the stock exchanges directly: (NSE) Tel: +91 22 2659 8190 / 1800 2200 58 (Toll free) or Email: email@example.com; (BSE) Tel: +91 22 2272 809 or Email: firstname.lastname@example.org.
Filing complaints on SCORES – Easy & Quick a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES I. Name, PAN, Address, Mobile Number, E-mail ID c. Benefits: I. Effective communication II. Speedy redressal of the grievances
Trading and investments in Securities are subject to market risk, there is no assurance or guarantee of returns. Please read the PMS Disclosure Document, Risk Disclosure Document and Dos and Don’ts prescribed by the Exchanges and Mutual Fund Offer Documents carefully before investing
Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to worry about the refund either, as the money remains in the investor’s account. Prevent Unauthorized Transactions in your demat and broking account −> Update your mobile numbers/email IDs with your stock brokers and depository participants. Receive information of your transactions directly from Exchange & NSDL on your mobile/email at the end of the day..... Issued in the interest of Investors. (Ref Circular No : NSE/INSP/27346, BSE/ 20140822-30, NSDL 2014/94/97 & 2015 / 104). KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.