Tata Group Chairman N. Chandrasekaran said that have an effect on of Covid on innovation has been ‘all-pervasive’ and the models of working from home are making all companies rethink the way forward for work.
Addressing a session on “Inspired India: A Trade Leader’s Perspective”, all the way through Ficci’s 93rd Annual General Assembly, Chandrasekaran said: “My roots that are embedded in technology make me see the Covid pandemic and its have an effect on on India in a very positive mind-set. The 2020s belong to India.”
Elaborating further, Chandrasekaran said that self-evident trends like advancement of digital data and decoupling of China on the US, make stronger this belief.
“In a majority of these trends I see tremendous, limitless opportunities in India. We have ceaselessly struggled to grow manufacturing as a percentage of our GDP,” he said.
“We normally spotlight issues like power, logistics, and labour. We have pointed out high-interest rates and have also understood regulatory overreach and interference.”
Then again, one day, he said whether we put this at the back of us and as an industry start acting by visionary scale, we can grow to be a pivot to the new world order.
Chandrasekaran further called for focus on talent, enable data and bandwidth and the want to be part of the new regulatory standards.
“I see a collaborative role between the industry and the government. The industry must be bold and start visioning all projects at scale and the government must enable this partnership and make India in a position to take part in this new world,” said Chandrasekaran.
But even so, he cited the want to reimagine the whole technology blueprint nationwide.
To try this, he pointed out that it will be important that technologies like ‘Robotics and AI’ grow to be a part of the mainstay of manufacturing.
Furthermore, Chandrasekaran stated that whether India’s first plank for the 21st century’s growth is digital; the second one plank is the new approach to global poly-chains.
The third plank for India, he said is environmental resilience.
Moreover, Chandrasekaran said that energy, efficiency in mobility, solar manufacturing, and rethinking our food provide chain are areas to concentrate on as we emerge from the pandemic.
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