Riding rough seas: World's largest shipping line banks on India for tech transformation

Technology is extremely important for Maersk and Bangalore is playing a big role in bringing about a change.

Update: 2019-04-04 18:30 GMT
  • Riding rough seas: World's largest shipping line banks on India for tech transformation
  • Technology is extremely important for Maersk and Bangalore is playing a big role in bringing about a change.
  • Others Maersk in February forecast 2019 profit below analysts' estimates and said the trade is in for a significant slowdown in 2019.
  • As trade disputes and economic uncertainty roil different sectors and countries, the global integrator of container logistics, A.P. Moller-Maersk , is looking at a digital transformation to ride the current state of flux.
  • That is continuing to grow in importance because India is becoming more and more a manufacturing powerhouse in the global economy with local champions like Reliance , Mahindra and many others that are actually taking an increasingly large footprint globally in markets like Latin America, Africa, Asia or even in the mature markets," said Clerc.

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