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March 27, 2024

“Mapping India’s Path to Development: Insights from Business Standard Manthan Summit”

 

As India sets its sights on achieving developed nation status by its centenary in 2047, the inaugural Business Standard Manthan Summit commences today at Bharat Mandapam in New Delhi. This two-day event, commemorating 50 years of Business Standard’s publication, gathers key figures from government, policy-making, economy, and corporate sectors to chart the course towards this ambitious goal.

Day 1 Highlights:
The summit kicks off with a keynote address by Union Finance Minister Nirmala Sitharaman, focusing on the theme “A Developed India by 2047: The Roadmap.” Subsequent discussions will delve into vital areas such as India’s digital infrastructure, with Union Minister Ashwini Vaishnaw, and the global role of India’s commerce, featuring insights from Union Minister Piyush Goyal and former Niti Aayog CEO Amitabh Kant.

Day 2 Insights:
Day two opens with discussions on manufacturing versus services led by Maruti Suzuki Chairman R C Bhargava and the role of Indian startups in driving growth, with Info Edge Founder Sanjeev Bikhchandani. Amazon Country Manager Manish Tiwary provides multinational perspectives on India’s startup ecosystem.

 

Thematic Discussions:
The summit offers a platform for in-depth dialogues on crucial economic, business, and strategic policy options, including analyses by Martin Wolf of Financial Times on democratic capitalism and economist Rohit Lamba on reimagining India’s economic future. Additionally, the potential of Indian markets and the geopolitical implications of India’s relationship with China will be explored.

Sustainable Development Focus:
Panel discussions will address pressing concerns such as climate change and sustainable energy, featuring leaders from green energy sectors and environmental research organizations. Embracing AI advancements and leveraging sports development are highlighted as pathways to India’s global prowess.

Exploring Diverse Sectors:
Conversations will also touch upon the role of luxury sectors in shaping India’s image, the imperative for innovation in agriculture, and the evolving landscape of the startup ecosystem in a developed India.

Conclusion:
The summit will culminate in a stimulating discourse between eminent economists Arvind Subramanian and Montek Singh Ahluwalia, who will navigate the complexities of Centre-state relations crucial for India’s journey towards 2047. With diverse perspectives and comprehensive discussions, the Business Standard Manthan Summit aims to illuminate the path towards India’s prosperous future.

Jhumpa Lahiri

Jhumpa Lahiri

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