Author: Tatvita Analysts
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Analyzing Demand for Air Travel in India
“India’s civil aviation sector is likely to log 400 million passengers in the next 7-10 years”, said Civil Aviation Minister, Government of India, Jyotiraditya Scindia. The civil aviation industry in India has emerged as one of the fastest-growing industries in the nation. It is anticipated that by 2024, India’s domestic aviation market will rank third…
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AI – Ushering an Era of Intelligent Machines – Part 2
Artificial intelligence, machine intelligence, AI, smart machines, etc. are the terms you must have heard a lot in the past few years. From shopping on Amazon to transacting in a virtual bank – AI is in use everywhere. In the previous article, AI – Ushering an Era of Intelligent Machines – Part 1, we focussed on attaining conceptual…
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Mathematics: A Scientific tool!
When we talk about ‘mathematics,’ many times, it is a mixture of complex calculations, equations, tables, and unsolvable difficult calculations. Some people have a fear of such concepts and some literally break out in sweat. This is because of the phobia of the subject and its inaccessibility has been ingrained somewhere in the mind, maybe…
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AI – Ushering an Era of Intelligent Machines – Part 1
Intelligence is a highly coveted skill in humans. It is what distinguishes humans from other animals. This smartness has enabled human civilization to create a life of luxury by taming the brute natural forces. As opposed to us, machines seem stupid. They need to be told what, how and when to do. That is an…
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The World of Robots
In May 2022, Vijaywada Municipal Corporation incorporated ‘Bandicoot’ a machine engineered to clean sewer pits and manholes. Earlier, this job was done by humans who stepped inside the drains for cleaning and unclogging. Data mined by the Government of India’s Social Justice and Empowerment Ministry shows that about 43,797 people are engaged in manual scavenging,…
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Deciphering Demand in Diwali: A basic concept of Economics
Businesses in India are optimistic about a much-needed boost from the festival of Diwali. This is traditionally a time when consumer spending spikes. Sales, discounts and across the board increase in footfalls in shops and digital footfall for e-commerce websites alike means demand increases. More festive demand means more to cheer for the businesses. All…
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5G: The Latest Generation of Mobile Connectivity
On 1st October 2022, Prime Minister Narendra Modi dedicated 5G services to the nation at India Mobile Congress (IMC). A recent report by PwC estimated that 5G shall contribute a whopping 1.3 Trillion USD to the global GDP by 2030. So, what is this technology that was embroiled in the Geopolitics between USA and China? What…
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India’s UDAN: Progress of Airport building
During the COVID-19 pandemic when we were pushed to maintain distance, connectivity was expanding its way to reach people. One such scheme, UDAN was announced by Prime Minister Modi in the year 2016 with an exquisite tagline, ‘Ude Desh ka Aam Adami’. Air travel has always been considered a luxurious affair. However, by connecting airports…
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Internet of Things: New Technological Revolution
Imagine a bed waking you up in the morning by sounding an alarm. As soon as you stop the alarm and get out of bed, a signal is sent to your geyser, which turns on. While you’re brushing your teeth, your mirror senses your presence and shows you a daily news feed, curated according to…
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Export Preparedness Index 2021
Following an export-oriented growth model has led India to become one of the fastest growing economies in the world. This has been possible due to the collective efforts taken by the Central and State Governments. More often than not, when one talks about exports, they usually pay heed to the country as a whole, and…