Yearend Story: Outlook for 2022

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Outlook for 2022 by Om Narayan Rai, Head-Enterprise Business Solutions and Academia Relations at Mytat

Om Narayan Rai, Head-Enterprise Business Solutions and Academia Relations at Mytat

“Pandemic brought us to speedy automation and of course, it transformed the way businesses are conducted and the way the human race stands to the biggest challenge to life. It also brought the focus of the world on the challenges of Mental well-being and also the struggle of working women and their progress. While Skilling and upskilling are going to be the buzzwords for 2022, they will also mark the beginning of the human potential expansion age. Recent industry reports indicate that in order to meet the growing demand for new-age technology talent a majority of India’s workforce will require reskilling in the coming months. To expand the existing digital talent pool and capitalise on digital transformation initiatives there is a need to effectively integrate cutting edge technologies such as AI, ML, AR & VR, innovation and R&D to enable next-generation immersive experiences. Along with these skills, interpersonal skills, communication, leading self and others with a focus on Diversity and Inclusion will play a vital role in building Atma Nirbhar Bharat”

Dr Priyanka Goyat, Orthodontist, Cosmetologist & Founder Rejove Clinique

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“The pandemic has been one of the biggest disruptors of this century and it has made us realize the importance of health and well-being. As we confidently move ahead, some of the new trends that will emerge in the new year include a resurgence in demand for aesthetics and skincare products and according to industry estimates, the market in India is expected to reach a 191.09 billion market cap by 2025. Apart from the increase in demand for aesthetic services, the effective integration of Technology has also been a highlight of the aesthetic healthcare sector. New Technologies like Predictive analysis, AI & ML are enabling specialists to deliver a diverse range of holistic healthcare treatments. With positive customer sentiment accompanied by treatments backed by new-age technologies, the Indian aesthetic healthcare market is poised to grow in the coming years”

Prashant Solomon, MD, Chintels India & the Hon. Treasurer for CREDAI NCR

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“The mood is upbeat across both the residential and commercial markets. 2022 will be a pivotal year for growth and technology transformations across the sector. Despite the volatility, 2021,  has been a pivotal year for the growth of Indian Real Estate as it paved the way for an evolved and resilient sector driven by increased adoption of disruptive models & new-age technologies. Policy Interventions and initiatives by the government like the lowering of repo rate, tax holidays for affordable housing projects, stamp duty concessions among others have helped the industry stay resilient. With covid induced disruptions slowly settling accompanied by increased technology adoption and the government’s positive stance towards the sector, the real estate market is expected to gain back its rhythm in 2022”

Year End Wrap and 2022 Expectations from Brands in India

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