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India won political freedom in 1947, must win tech freedom by 2047: Bhavish

Inshorts · 1y ago

India won political freedom in 1947, must win tech freedom by 2047: Bhavish

Entrepreneur Bhavish Aggarwal said AI and new energy can transform India into a $50 trillion economy by 2047. "In 1947, we won our political freedom. In 2047, we must achieve our technological freedom," he stated. "We can transform India into the world's AI powerhouse, just as China revolutionised global manufacturing," he added.

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‘AI, quantum pivotal to India’s Mission 2047’: Report

Economic Times

Economic Times · 6m ago

‘AI, quantum pivotal to India’s Mission 2047’: Report

A Nasscom and Bain & Company report highlights that advancements in AI, quantum technology, and digital manufacturing are crucial for India to become a developed economy by 2047. Cloud computing and AI will enhance India's IT ecosystem, and developing tech capabilities will transform service delivery. Key sectors include services, electronics, energy, and chemicals. A focus on infrastructure, skill-building, and innovation can position India as a global technology leader, supporting sustainable economic growth and exceeding $23 trillion GDP by 2047.

AI, new energy can transform India into $50-trillion economy by 2047: Ola's Bhavish Aggarwal

YourStory

YourStory · 1y ago

AI, new energy can transform India into $50-trillion economy by 2047: Ola's Bhavish Aggarwal

Bhavish Aggarwal, CEO of Ola, has outlined a roadmap for India to become a $50 trillion economy by 2047 through prioritising artificial intelligence (AI) and new energy technologies. Aggarwal stressed the importance of investing in AI and new energy as foundational technologies, which can revolutionise India's entire economy, enhance efficiency, create high-value jobs, and position the country as a global leader in future industries. He also highlighted India's potential in the electric vehicle sector and called for accelerated policies and industry support to make India the world's largest EV market by 2030.

Social media platform X withholds some political posts in India after election commission order

Reuters · 1y ago

Social media platform X withholds some political posts in India after election commission order

Social media platform X has revealed that it withheld certain posts in India that contained political speech, following orders from the country's election commission. The withheld posts included content from elected politicians, political parties, and candidates for office. X, owned by Elon Musk, expressed disagreement with the takedown orders and urged the election commission to publicly disclose all future orders. With India's upcoming general election, considered the world's largest electoral exercise, this move raises questions about freedom of speech and the role of social media in political discourse.

India needs to lead global tech transition, build jobs of the future: Ola Founder

YourStory

YourStory · 1y ago

India needs to lead global tech transition, build jobs of the future: Ola Founder

Ola Founder Bhavish Aggarwal is focused on positioning India at the forefront of the global tech transition by driving new-age technologies such as AI. He believes that the private sector should spearhead job creation, while the government must provide an enabling environment and address imbalances. Aggarwal supports the Indian government's move to incentivize global EV makers like Tesla in order to develop the EV ecosystem in the country. He emphasizes the importance of India inventing its own EV and energy transition paradigm, tailored to its specific needs. Aggarwal also underscores the need for India to become experts in future technologies to generate future jobs and supply chains.

IMF's Krishna Srinivasan: India must boost private investment to meet its Viksit Bharat 2047 goal

Business Today

Business Today · 4m ago

IMF's Krishna Srinivasan: India must boost private investment to meet its Viksit Bharat 2047 goal

India is projected to grow at a 6.2% rate in 2025 and 6.3% in 2026, outpacing its Asia-Pacific peers, per the IMF’s Krishna Srinivasan. To achieve its Viksit Bharat 2047 goal, private investment must increase. The region is facing growth slowdowns with trade tensions and volatility in markets. Boosting domestic demand and diversifying supply chains are crucial. India's AI adoption and infrastructure initiatives are strengths, but tariffs have impacted growth forecasts.

'Keeping out the best and brightest...': Raghuram Rajan rips into India and Donald Trump's populist pivot - BusinessToday

Business Today

Business Today · 2m ago

'Keeping out the best and brightest...': Raghuram Rajan rips into India and Donald Trump's populist pivot - BusinessToday

In his essay "The Costs of Victimomics," former RBI Governor Raghuram Rajan critiques the populist political strategy of blaming outsiders and capping their success to win votes, warning that it risks undermining future progress.

Govt not at a standstill due to polls, working to make India a $35 trillion economy by 2047: Piyush Goyal

Economic Times

Economic Times · 1y ago

Govt not at a standstill due to polls, working to make India a $35 trillion economy by 2047: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has stated that despite the upcoming elections, the government is actively working to transform India into a developed $35 trillion economy by 2047. The focus of the election is on women empowerment and a corruption-free India. The government aims for inclusive and sustainable growth, ensuring that people have their basic needs met. Goyal also expressed the aspiration for India to have 1,000 unicorns in the startup ecosystem and discussed the government's vision for Viksit Bharat 2047.

Ola's Bhavish Aggarwal snaps ties with Microsoft Azure in stand against Western tech

Economic Times

Economic Times · 1y ago

Ola's Bhavish Aggarwal snaps ties with Microsoft Azure in stand against Western tech

Ola CEO, Bhavish Aggarwal, announced that the company will move its workload from Microsoft's Azure to its own cloud service, Krutrim. Aggarwal criticized Western tech practices and accused Microsoft-owned LinkedIn of deleting his post without notification. He stated that Ola will complete the migration within a week. Aggarwal previously criticized LinkedIn for imposing a political ideology on Indian users through its AI tool. He said he will share his broader thoughts and actions regarding this matter.

WhatsApp wins reprieve in India over sharing user data with Meta | TechCrunch

TechCrunch · 7m ago

WhatsApp wins reprieve in India over sharing user data with Meta | TechCrunch

An Indian tribunal has temporarily lifted a five-year ban on WhatsApp's data sharing with parent company Meta, marking a significant win for Zuckerberg's firm in its largest user market. The ban, imposed by India's antitrust regulator, accused WhatsApp of abusing its dominance through its 2021 privacy policy by forcing data sharing without opt-out options for Indian users. Meta must deposit $12.35 million pending further court hearings in March.

India needs to strive to be $30T economy with per capita income of $18,000: NITI document

YourStory

YourStory · 1y ago

India needs to strive to be $30T economy with per capita income of $18,000: NITI document

India aims to become a $30 trillion economy with a per capita income of $18,000 by 2047, according to a paper by NITI Aayog. Titled 'Vision for Viksit Bharat @ 2047: An Approach Paper', it emphasizes the need for India to avoid the middle-income trap. The paper states that achieving high-income status requires sustained growth of 7-10% for 20-30 years. It identifies challenges such as upgrading manufacturing and logistics capabilities and reducing the rural-urban income gap. The goal is to make India a global manufacturing and service hub while ensuring energy security, accessibility, affordability, and sustainability.

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