BT India@100 Summit Live Updates: 'India is shining star of the global economy,' says Jayant Sinha
Business Today Desk | Updated Aug 26, 2023 8:32 PM IST
BT India@100 Summit Live Updates: BT India@100 would witness some of the best minds in the country as well as globally discuss artificial intelligence (AI), infrastructure, the aviation sector, a digital future, the renewables sector, Indian economy, India as a consumption hub, G20 presidency and a tech-led future.
'India is shining star of the global economy,' says Jayant SinhaThe second edition of the BT India@100 Summit, held on August 26, will bring together the sharpest minds, the most influential policymakers, thought leaders, business magnates and a diverse array of stakeholders. In this flagship event of The India Today Group, avenues for collaboration would be explored, ideas would be exchanged, dialogues would be fostered, and a strong economic future would be envisioned.
The event would be graced by personalities such as Union Minister for Road Transport & Highways Nitin Gadkari, Minister of State, Electronics & Information Technology, Skill Development & Entrepreneurship Rajeev Chandrasekhar, Union Minister of Civil Aviation & Steel Jyotiraditya Scindia and Minister of State for Science & Technology Dr Jitendra Singh, along with Microsoft Vice Chair & President Brad Smith, World Economic Forum President Børge Brende, India's G20 Sherpa Amitabh Kant, NSE MD & CEO Ashish Chauhan, Rajya Sabha MP P Chidambaram, and many more.
BT India@100 would witness some of the best minds in the country as well as globally discuss artificial intelligence (AI), infrastructure, the aviation sector, a digital future, the renewables sector, Indian economy, India as a consumption hub, G20 presidency and a tech-led future.
Follow live updates from the BT India@100 event here:
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"We are a lower middle-income country. We are ranked at 132 out of 191 nations in the Human Development Index. We need to overcome this to become a developed nation by 2047," says Congress leader Abhishek Singhvi.
'India is shining star of the global economy,' says Jayant Sinha
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The entire PLIs are freebies. What about IBC? 20% are recovered, but what about the 80%? They are freebies: P Chidambaram
India's per capita is $2,500: P Chidambaram
A middle-income country must have $10,000-12,000 per capita, but we have around $2,500 per capita, said P Chidambaram.
Highest economic growth between 2004-14: Chidambaram
Highest economic growth in India was delivered between 2004 and 2014, said P Chidambaram.
We will become 3rd-largest economy because of our population: Chidambaram
We will become the third-largest economy because of our population...but we are a poor country: P Chidambaram.
Chidambaram on economic challenges
We are dependent on investments, technology and export markets. We need to open up, not close down, said P Chidambaram.
Job-creating sectors are constrained by limitations: P Chidambaram
Mining, manufacturing and construction are the three job-creating sectors. They are all constrained by external limitations. Jobs will be created only if we open up the economy, and tighten limitations only where it is absolutely necessary, said P Chidambaram.
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P Chidambaram said that there is no point comparing India and China when it comes to COVID-19 management. "Their Zero COVID-19 Policy was a wrong policy," said the former finance minister.
Are you satisfied by the growth rate: P Chidambaram
I don't deny the growth but are you satisfied by the growth rate, asked P Chidambaram.
India becoming third-largest economy is irrelevant: P Chidambaram
I am happy we are becoming the third-largest economy and in course of time China will become the largest economy. India becoming third-largest economy is irrelevant...we won't be a rich country. i will be proud when India becomes the third-largest economy in per capita terms, not GDP: P Chidambaram
P CHIDAMBARAM: AN ALTERNATIVE VIEW OF INDIA@100
Congress MP Chidambaram offers an alternative view of India@100 in this session.
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More Indians understand tech than in the rest of the world: Baba Kalyani
UPI is not only a gold standard...you can build businesses here for free. These are technologies that are disruptive but in a good way. India is a country where digital technology is understood by more people than rest of the world. Lot of difference today in how people of the country think and their aspirations. And this is what leads to growth: Baba Kalyani.
The next generation has tremendous capability: Baba Kalyani
The next generation has tremendous capability and the will to do a lot of things and this is what will propel India forward: Baba Kalyani
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Bharat Forge Chairman and MD Baba Kalyani, Amul MD Jayen Mehta and Cyient founder and Chairman Dr BVR Mohan Reddy will discuss ways of building a resilient country.
Scindia talks about the Airbus C295 aircraft manufacturing in India
For the first time in Indian history, one of the airplane majors have taken a very, very bold step. The first time between Airbus and Boeing, you have Airbus that has supplanted a production facility within India for the C295 aircraft, based in Vadodara. Our order is for 56 aircraft, 16 will come fully built out from their facility in Spain, the balance 40 will be made in India: Jyotiraditya Scindia.