Nearly two-fifths or 41 per cent of Indian businesses believe that investing in technology and innovation has to be a top priority as they prepare for uncertainties over the next five years, revealed findings from HSBC’s latest Navigator report.

“This was the highest across all markets covered under the survey and significantly higher than the overall average of 28 per cent,” said the report ‘Building Back Better’.

The report surveyed more than 2,600 companies across 14 countries, including 200 firms from India.

“The survey points towards the impact of technology and how businesses can leverage technology and innovation to enhance and improve the way they work and do business. As a critical element to build resilience, the role of technology has come into sharper focus during the pandemic. It has necessitated a mind-set change as the advantages of adopting digitisation are becoming increasingly evident,” said Rajat Verma,…

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