India Inc moving up value chain in tech innovation

New Delhi: Indian businesses are deploying innovation and technology in supply chains to capitalise on opportunities arising out of the shifting geopolitical and trade landscape, a new report showed on Thursday.

Indian companies are turning to technology to build more resilient supply chains, with 66 per cent employing or planning to employ augmented or virtual reality for troubleshooting and repairs surpassing the 54 per cent global average, according to the report, titled ‘Trade in Transition’, by multinational logistics company DP World and led by Economist Impact.

Around 79 per cent of Indian firms are employing AI, big-data professionals.