In his opening remarks at the Economic Times CEO Roundtable 2023, Satyan Gajwani, vice chairman of the Times Internet, stated that India's digital platforms and capabilities are the envy of the world. He went on to say that the country's offerings set a benchmark for what most developed economies want to achieve in their own markets.
India stands out as an incredibly stable, cheerful, and fascinating country in a world where economies and politics are often shifting. We are witnessing tangible benefits in our economy, including development, value creation in our markets, and a flourishing startup ecosystem, according to Gajwani.
Claiming that India's rate of growth is noteworthy given its size, he referenced a recent report by the World Bank that ranked the country's economy as the second-fastest expanding in the G20.
Our digital platforms and skills have made us the envy of the globe today. Our Aadhaar database has more than one billion records. More than seventy-five billion digital payments were processed by our platform in 2017. The world's most advanced economies look up to us and use our platforms as a model for their own markets, according to Gajwani.
"The infrastructure that we have is not only empowering, but it's enabling every part of Indian society... and it has the potential to be a real catalyst for inclusive growth in our nation," he continued.
What he found most fascinating was the level of skill and competence in India. The English-speaking world boasts the highest concentration of STEM (science, technology, engineering, and mathematics) graduates, and the next generation of leaders is poised to propel our economy to new heights.
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