How digitalization is affecting our Day to Day lives

 


Maier+Vidorno participated in German - India Summit, 2020, which was held on November 18, 2020. Eminent personalities from diverse field attend the same. The topic of the summit was Digitalization.

Digitalization is facilitating trade practices worldwide by connecting buyers and sellers worldwide and keeping intact the data of individuals from fraud and embezzlement. The Indo-German relation would facilitate digitalization with shared acumen and knowledge for both the countries. Growth and development would be the agenda for next few years for both the countries. The public and private partnerships leveraged by Digital India could be used as a push to bank on the technological aspect. Digital programs has empowered the country to move towards cashless economy.

Digitalization has created a lot of impact in the economy. The major benefits of the same are creating job opportunities for the youth in the country, digital transactions create a lot of transparency between the parties contracting,

The objective of this Indo German meet, 2020 is strengthen contact between Indian business community and German industries, Enhance understanding of Indian products amongst the German circle, offers business opportunities through networking events, augment economic engagement especially trade and investment in India and Germany.  Germany and India’s inter-governmental consultation was held in previous year in New Delhi, wherein out of 73 catalogue points first 13 points were focused on digitalization and artificial intelligence. 

To know more about the Summit, watch the video here.