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India should aim to grow at 10%: Amitabh Kant

YourStory

YourStory · 1y ago

India should aim to grow at 10%: Amitabh Kant

India should aim to register around 10% economic growth over the next three decades to become a $35 trillion economy, said India's G20 Sherpa Amitabh Kant. Addressing the CII Southern Region Annual regional meeting on Thursday, Kant said, "We have to accelerate the pace of economic growth in the 9-10% range."

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Corporate governance, domestic funding key for India to be top startup nation: G20 sherpa Kant

Economic Times

Economic Times · 1y ago

Corporate governance, domestic funding key for India to be top startup nation: G20 sherpa Kant

India's G20 sherpa, Amitabh Kant, emphasized the importance of strong corporate governance and domestic financing for India to become a leading startup nation. He stated that startups should prioritize good governance, proper audits, and adherence to norms in order to grow into successful companies. Kant also highlighted the need for Indian insurance companies, pension funds, and large corporations to invest in the country's startup ecosystem. The Confederation of Indian Industry (CII) released a report stating that India currently has 114 unicorns, ranking third globally, and these startups have contributed significantly to the country's GDP growth.

Achieving EV30@30 Vision Requires Consistency In FAME-III Subsidies & Incentives: Amitabh Kant

Inc42 · 1y ago

Achieving EV30@30 Vision Requires Consistency In FAME-III Subsidies & Incentives: Amitabh Kant

Former CEO of NITI Aayog and G20 Sherpa for India, Amitabh Kant, emphasized the potential of the Bengaluru-Mysore belt in Karnataka to become the country's semiconductor industry hub. The semiconductor industry in India is projected to grow at a 24% CAGR to reach $150 billion by 2030. Kant discussed various topics during an interview, including government subsidies for the Indian EV ecosystem, domestic battery manufacturing, responsible AI implementation, and the need for better corporate governance in startups. The region's resources and reliable electricity supply make it an ideal location for chip manufacturing and semiconductor design.

Amitabh Kant takes over as Chairperson of NIIT University

YourStory

YourStory · 5m ago

Amitabh Kant takes over as Chairperson of NIIT University

Amitabh Kant, former NITI Aayog CEO, has become Chairperson of NIIT University as of March 10, 2025. He succeeds K Kasturirangan, marking a pivotal moment in aligning education with industry needs. Kant aims to enhance cutting-edge education, skilling, and global collaborations. He led initiatives like Atal Innovation Mission and Make in India. NIIT University, partnering with over 700 industrial entities, welcomes Kant's vision to shape a future-ready workforce, stated President Prof. Prakash Gopalan.

India Should Embrace Open-Source AI Models: Amitabh Kant

OutlookIndia

OutlookIndia · 4m ago

India Should Embrace Open-Source AI Models: Amitabh Kant

Amitabh Kant, former NITI Aayog CEO, suggests India should adopt open-source AI models to leverage its cost-effective solutions and lower energy consumption. Speaking at Start-up Mahakumbh 2025, he highlighted how DeepSeek achieved significant results with only a $4.5 million investment by using open-source technologies. Kant's view contrasts with the government's interest in developing proprietary large language models. He emphasizes India's potential to innovate in AI with limited resources, particularly energy-efficient systems.

Fintech sector needs to grow for Viksit Bharat goal: Amitabh Kant

OutlookIndia

OutlookIndia · 4m ago

Fintech sector needs to grow for Viksit Bharat goal: Amitabh Kant

Amitabh Kant emphasizes the critical role of the fintech sector in achieving India's goal of becoming a $35 trillion economy by 2047. Speaking at Startup Mahakumbh, Kant highlights the importance of innovation, credit access, and regulatory vigilance. He notes India's position as a global fintech leader, with projected rapid growth in the sector. Kant calls for responsible innovation to prevent exclusion or harm to vulnerable populations, stressing cybersecurity vigilance through self-regulatory organizations.

IndiGo appoints ex-NITI Aayog CEO Amitabh Kant as non-executive director

IndianStartupNews

IndianStartupNews · 1m ago

IndiGo appoints ex-NITI Aayog CEO Amitabh Kant as non-executive director

Low-cost airline IndiGo has appointed former NITI Aayog CEO Amitabh Kant as a non-executive director on its board, pending regulatory and shareholder approvals. Kant, known for initiatives like Make in India, has had a distinguished career in governance reform and sustainability projects. His experience will support IndiGo's international expansion and positioning as a global aviation leader. Kant expressed excitement about contributing to India's transportation revolution and IndiGo's growth in trade, tourism, and economic sectors.

Fintech self-regulatory organisations should have broad representation: Amitabh Kant

Economic Times

Economic Times · 4m ago

Fintech self-regulatory organisations should have broad representation: Amitabh Kant

India’s G20 sherpa, Amitabh Kant, emphasized the need for broad representation in any fintech self-regulatory organization (SRO) to accommodate the sector's diverse business models, during the launch of India Fintech Foundation (IFF), a proposed SRO awaiting RBI approval. Kant stressed the importance of safeguarding against conflicts of interest, ensuring inclusivity, and preventing regulatory capture. The RBI guidelines support diverse representation, while establishing SROs aims to enforce compliance and facilitate communication between fintech companies and regulators.

Move beyond Trump’s tariff war: Former Niti Aayog CEO Amitabh Kant warns of a deeper global economic reset

Economic Times

Economic Times · 4m ago

Move beyond Trump’s tariff war: Former Niti Aayog CEO Amitabh Kant warns of a deeper global economic reset

Former NITI Aayog CEO Amitabh Kant warns about a profound shift in the global economic landscape beyond headline tariffs. He highlights a reset in global trade amid rising geopolitical tensions, broken supply chains, and a shift from free trade to protectionism, noting the impact of Trump's tariffs. Kant sees the end of post-WWII economic stability as countries like the U.S. and China grapple with new conflicts, presenting India with potential opportunities for strategic supply chain diversification.

After Piyush Goyal’s comments, Amitabh Kant says Indian startups have done a good job

Business Today

Business Today · 4m ago

After Piyush Goyal’s comments, Amitabh Kant says Indian startups have done a good job

At the Startup Mahakumbh 2025, Union Minister Piyush Goyal expressed concerns about Indian startups' limited engagement in deep tech and significant industries. However, Amitabh Kant countered, acknowledging that Indian startups have performed commendably despite existing challenges. The event underscored the importance of nurturing innovative entrepreneurship to ensure a robust startup ecosystem in India, advocating for an increased focus on emerging technologies and substantial contributions to various critical sectors.

India should lead the world in technological advances: Former Niti Aayog CEO Amitabh Kant

Economic Times

Economic Times · 4m ago

India should lead the world in technological advances: Former Niti Aayog CEO Amitabh Kant

Former Niti Aayog CEO Amitabh Kant stressed India's need for technological sovereignty and leadership, avoiding mere imitation of Western nations. Speaking at Startup Mahakumbh, he urged startups to explore deeptech sectors like AI, space, and green technology, advocating for open-source models based on domestic data. Highlighting China's dominance in solar, battery, and EV markets, Kant emphasized India's challenge to significantly advance in these areas, noting the rise of recognized startups from 400 in 2016 to over 161,000 by 2025.

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