India is on the brink of a significant economic transformation as it envisions a fully developed nation by 2047. This goal, known as Viksit Bharat 2047, is ambitious and requires more than just plans. It needs effective governance, smart technology, and strong leadership.
Marshall Ridge Consulting Ltd (MRC) was founded with this vision in mind. The firm believes that India needs advanced, AI-driven consulting that adheres to global standards while aligning closely with national interests.
Addressing Key Challenges
Despite advances in digital infrastructure like UPI and GSTN, many businesses face critical gaps:
Governance, Risk & Compliance (GRC): Currently managed manually, making businesses vulnerable in a stricter regulatory environment.
AI Integration: While AI is a hot topic, its implementation across various sectors is still lacking. Many organizations struggle to adopt AI in a safe and responsible manner.
Global Governance Standards: Companies often find it hard to align their operational practices with internationally recognized governance standards.
MRC targets these issues by combining insights from multiple fields, including AI, compliance, and governance.
Strategic Model
A common question about MRC is why it’s registered in the UK. The answer is strategic. Being registered in the UK provides credibility and access to global markets, including Europe and the US. However, all operational activities are rooted in India. This means that while MRC opens doors internationally, India drives the actual work, enhancing economic growth and job creation here.
Comprehensive Service Portfolio
MRC aims to be a one-stop solution for multiple needs, particularly in:
AI-Powered Governance: Helping companies safely incorporate AI within their governance processes.
Leadership Development: Preparing the next generation of leaders with a focus on governance, risk, and technology.
Trade Intelligence: Providing market insights and supply chain visibility to support decision-making.
Support for MSMEs: Offering practical kits to improve governance and digital literacy among small and medium-sized enterprises.
Looking Ahead
MRC’s goals align with several national priorities:
Boosting AI and Digital Governance: By promoting responsible AI usage, MRC aims to enhance overall governance quality.
Job Creation: MRC has set a goal to create over 500 high-skill jobs in various sectors by 2030.
Strengthening India’s Consultative Reputation: Positioning India as a hub for AI governance consulting on the global stage.
Experts in the field emphasize the importance of cultivating home-grown talent to ensure long-term sustainability in these sectors. A recent survey indicated that nearly 70% of companies are concerned about their ability to adapt to emerging technologies like AI.
Conclusion
MRC’s model is not just about consulting; it’s about shaping a future where India leads in technological governance. By leveraging global expertise and focusing on local execution, it aims to significantly contribute to transforming India into a developed nation by 2047.
For more about MRC and its initiatives, visit Marshall Ridge Consulting or view their LinkedIn page.
