{"id":2143524136,"date":"2023-09-06T00:00:00","date_gmt":"2023-09-06T00:00:00","guid":{"rendered":"https:\/\/newgensoft-v2.wordpoets.com\/resources\/blog\/2023\/09\/06\/can-hyperautomation-accelerate-indias-journey-to-the-worlds-third-largest-economy\/"},"modified":"2026-07-13T17:09:21","modified_gmt":"2026-07-13T11:39:21","slug":"can-hyperautomation-accelerate-indias-journey-to-the-worlds-third-largest-economy","status":"publish","type":"post","link":"https:\/\/newgensoft.com\/resources\/blog\/can-hyperautomation-accelerate-indias-journey-to-the-worlds-third-largest-economy\/","title":{"rendered":"Can Hyperautomation Accelerate India\u2019s Journey to the World\u2019s Third-largest Economy?"},"content":{"rendered":"

India\u2019s 3.5 trillion-dollar economy is the fifth largest globally and is projected to become the third largest by 2027. And, it\u2019s no longer a question of \u201cif\u201d or even \u201cwhen.\u201d It is more a question of \u201chow.\u201d<\/p>\n

The answer to this question, in large part, lies in enterprises driving\u00a0rapid innovation<\/a>\u00a0backed by technology. Among the exciting technological options, Hyperautomation is one such phenomenon that can potentially reshape the landscape of progress. As enterprises accelerate digital, powered by hyperautomation, it will not only spur the growth trajectory of key sectors but also enhance the Indian economy\u2019s outlook on key frontiers.<\/p>\n

In a recent roundtable discussion hosted by Newgen, we explored the possibilities that hyperautomation holds for India\u2019s future. The insights shared by our customers, partners, and leaders painted a compelling picture of those possibilities and their potential role in the nation\u2019s growth story.<\/em><\/strong><\/p>\n

Boosting Productivity and Efficiency<\/strong><\/h3>\n

Efficient enterprises not only attract foreign investment but also ensure that automation benefits reach every Indian citizen and customer. Hyperautomation streamlines and simplifies complex workflows, thereby\u00a0increasing business efficiency<\/a>. While industries like insurance have embraced hyperautomation, some others, oil and gas for instance, still grapple with manual processes. To bridge this gap, a robust software infrastructure is needed to enable enterprise-wide hyperautomation adoption.<\/p>\n

Elevating Customer Experience<\/strong><\/h3>\n

In India\u2019s pursuit of gaining global prominence, exceptional customer service is vital, and hyperautomation can be pivotal to achieving this. One of our customers\u2013a leading telecom company serving a staggering 400 million customers\u2013believes that everything must be automated end-to-end to enable operations with zero human intervention. This concept of \u201cfaceless automation\u201d stands poised to flourish over time,\u00a0reshaping the customer experience<\/a>\u00a0landscape.<\/p>\n

Innovating for the Future<\/strong><\/h3>\n

Unlike in the past, where technological inflection points occurred every 5-10 years, now we see inflection points every 1-2 years or in less time. For instance, ChatGPT has revolutionized how people work and is being adopted quickly.<\/p>\n

India\u2019s journey to economic supremacy hinges on fostering an innovative culture. Hyperautomation fosters innovation by liberating human resources from mundane work, channeling them towards creative and strategic endeavors. As enterprises leverage\u00a0AI and ML<\/a>\u00a0for predictive analysis and insightful decision-making, they become sustainably profitable and can also develop the capability for harnessing innovative business models.<\/p>\n

Reskilling and Upskilling the Workforce<\/strong><\/h3>\n

Adapting to the hyperautomation ecosystem and India\u2019s focus on reskilling and upskilling the workforce go hand in hand. Through a joint effort of private enterprises and the government on education and vocational training, India can nurture a capable workforce that is ready for the complex automation environment.<\/p>\n

Fostering Inclusive Growth<\/strong><\/h3>\n

Digital reach has bridged the urban-rural divide. The key is to focus on tier 2 and 3 cities as well as the rural population while empowering the specially-abled.<\/p>\n

Boosting Global Competitiveness<\/strong><\/h3>\n

Embracing cutting-edge technologies will attract investments, encourage collaborations, and strengthen trade relations, enhancing India\u2019s global competitiveness.<\/p>\n

To Conclude<\/strong><\/h2>\n

The success of hyperautomation initiatives depends on enterprises\u2019 ability to tie various technological elements together to achieve\u00a0end-to-end automation<\/a>\u00a0at the enterprise scale. That\u2019s why we believe that a unified platform that combines these automation capabilities across process, content, communication, AI, and low code is pivotal. A powerful platform that enables enterprises to\u00a0address the trinity of\u00a0customer experience, operational excellence, and business innovation in unison\u00a0can bring hyperautomation to reality, and so India\u2019s goal to be the third largest economy.<\/p>\n

Together, we can make it happen faster.<\/p>\n","protected":false},"excerpt":{"rendered":"

India\u2019s 3.5 trillion-dollar economy is the fifth largest globally and is projected to become the third largest by 2027. And, it\u2019s no longer a question of \u201cif\u201d or even \u201cwhen.\u201d It is more a question of \u201chow.\u201d The answer to this question, in large part, lies in enterprises driving\u00a0rapid innovation\u00a0backed by technology. Among the exciting […]<\/p>\n","protected":false},"author":6,"featured_media":2143524044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3],"resources-topic":[],"resources-group":[],"class_list":["post-2143524136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-ecm"],"acf":[],"yoast_head":"\nCan Hyperautomation Accelerate India\u2019s Journey to the World\u2019s Third-largest Economy? - Newgen Resources (DX++)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newgensoft.com\/resources\/blog\/can-hyperautomation-accelerate-indias-journey-to-the-worlds-third-largest-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Hyperautomation Accelerate India\u2019s Journey to the World\u2019s Third-largest Economy? - Newgen Resources (DX++)\" \/>\n<meta property=\"og:description\" content=\"India\u2019s 3.5 trillion-dollar economy is the fifth largest globally and is projected to become the third largest by 2027. 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