To achieve a V-shaped expansion curve, India will have to fight the evolution of post-Covid global and negative expansion prospects, panelists at the Indo-American Economic Summit said.
“While we expect a V-shaped recovery, we will need to take into account that India’s expansion customers have forecast at a negative rate of 9%. Until now, the public sector would want a minimum allocation of 35,000 to 55,000 ₹. “”, said Sanjay Vasudeva, senior partner of SCV
The 16th Indo-American Economic Summit, held virtually, addressed the “American Economic Partnership: Perspectives and Challenges As the Decade Approaches. “Edgard D Kagan, Deputy Chief of Mission of the United States Embassy, the main guest.
<< Today's global is far from yesterday's; for this global, we want to expand methods and build bilateral partnerships in key sectors. That's how we would try to achieve Atmanirbhar Bharat's goals and get out of our existing degrees of negative growth," said Lalit Bhasin, Summit President and Regional President, Indo-American Chamber of Commerce, Northern India Council.
The current Covid-19 crisis, which has brought much of its back to their homes, has sensitized many to the importance of technological integration with businesses, especially synthetic intelligence (AI).
“Everything we do is backed by algorithms,” said Sameer Dhanrajani, CEO of AIQRATE Advisory
However, panellists press that AI deserves to be noticed as a catalyst that as a definitive solution.
“It’s seeing AI not only as a generation, but also as a catalyst for strategy, culture, leadership, and elimination of prejudice, exclusion, and lack of transparency,” said Rohini Srivathsa, head of national leadership generation at Microsoft India.
For defense and the aerospace industry, the way forward would basically be around bilateral technology inputs between India and the United States, leveraging U. S. knowledge, with India as the main market for U. S. companies, the panelists said.
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