This decade will see India dominate global economic growth: Chandrasekaran by Tata Sons
India in this decade will lead global economic growth and the systems and technologies we already have in place will only accelerate this journey, said Tata Sons, President Natarajan Chandrasekaran.
“India has a bigger role to play in global growth and our growth will get much stronger during this decade,” predicted Mr. Chandrasekaran, who spoke with Microsoft India, chairman, Anant Maheshwari, during a virtual event, Future Ready, on January 11.
On the country taking the lead towards equitable and sustainable growth, Mr. Chandrasekaran. said it should be a national priority to provide access to education and health care for all, no matter what part of India people live in.
“Millions of our children, in the past two years due to the pandemic, have been able to access education because they did not have digital connections. The future is bridal. We already have the bases and platforms like UPI and Aadhar that have the scale and bandwidth to support millions of people. We have to speed up, ”said the boss of Tata Sons.
Responding to Mr Maheshwari’s question on sustainability, Mr Chandrasekaran said the lockdown caused by the pandemic was a reminder to many of the importance of working on sustainability and environmental issues.
“We could see the blue sky and hear the birds singing around. We all felt good. The pandemic really reminded us of the importance of sustainability and highlighted environmental concerns. “
However, India has received a 10-year change management advantage due to the pandemic and the country needs to explore this to build momentum towards a sustainable future, he noted.
Technology will undoubtedly have a profound impact on India and its people, says Chandrasekaran. The problem in the country is not to attack the market, but to create markets and give people access to markets through technology.
“India has neither the time nor the resources to build huge systems. We have to do things in the short term to impact a lot of people at once. We need to make AI and ML relevant to all kinds of people: field workers, truck drivers, rural dwellers and not just techies and elites, ”he added.