GV Sanjay Reddy

  As technological advancements are rapidly penetrating every corner of our society, reinforcing the sectors with digital security is the need of the hour, notes G V Sanjay Reddy, Vice Chairman of GVK Group. Since the advent of the 21st century, technological progress has ushered our society into a digital age that has penetrated every corner of our lives. From economy and healthcare to education and governance, each innovation has brought about an improvement in the quality of life and ease of living. Automation and robotization once used to solely drive the manufacturing factories, yet today they are increasing productivity in other sectors like service and retail. Cutting-edge technologies like AI and IoT have transformed traditional sectors into functioning with higher efficiency and precise delivery of services.  GV Sanjay Reddy  has welcomed these developments for their contribution towards improving the society at large. However, he also cautions on the vulner...

  Putting faith in the logistics sector to aid and facilitate economic growth in India, G.V. Sanjay Reddy speaks about the developments over the years and the vision for the future. As the Indian growth story has progressed, the logistics industry has played a vital role in empowering other sectors.  G.V. Sanjay Reddy , Vice Chairman GVK, highlights “how the logistics sector in India, which was at $160 billion in 2017, has witnessed a tremendous growth. In 2020, its market was estimated at $215 billion”. The underlying factors driving this upward trend is the increasing demand of e-commerce in the non-metro cities of India. In recent years, e-commerce has expanded aggressively to tier-2 and tier-3 cities across the country, which has further led to the growth of the logistics sector to keep up with the rising demand. In the fourth quarter of 2020, smaller cities accounted for 46 per cent share in total e-commerce volumes, marking a steep 14 per cent rise from the period just b...