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Q: Your sentiments on Day 2 of the new fiscal year?
A: On the basis of two days of the new financial year, I can’t predict the trend of 363 days of the year. Apart from a poor sample size, the operating environment of every business has become so volatile, macro or micro, that it’s well-nigh impossible to predict a deterministic pattern of business growth or decline. Besides, there is a possibility of election-led volatilities and/ or global developments including existing geo- political stress points, which could make every prediction a hazardous guess.
I anticipate some significant technology-led disruptions mainly Generative AI which could reconfigure the nature of work per se in various sectors. Consequent to all the above mentioned changes, I anticipate a challenging 2024-25 for business. The fittest guys would continue to thrive though.