Global business leaders attend the first day of the three-day B20 Summit in New Delhi on August 25, 2023. Photos/AFP
Updated On: 2023-08-25 01:05 PM IST
Compiled by : Editor
India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India Chair N Chandrasekaran said on Friday.
In his address to the B20 Summit India 2023 here, Chandrasekaran, who is also the chairman on Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt.
"The world is currently navigating through three important fundamental transitions. The first is the digital and artificial intelligence transition; the second, energy transition and the third, a global value supply chain transition. India is extremely well positioned to lead in all the three," he said.
India, over the last decade has created a "fantastic digital infrastructure" and has proven public services delivery at large scale, Chandrasekaran pointed out, adding "all of us who live here make our payments only digitally. I don't think any of us carry cash. Not a day goes without looking for multiple OTPs".
With the kind of success in digital infrastructure coupled with a strong talent base, he said,"It is very natural for us to make and lead this transition."