ET CEO Roundtable: Tech, talent & risk capital can book India’s ticket to future
In a discussion moderated by Sruthijith KK, the ET CEO Roundtable panellists were not too worried about external headwinds, except for supply chain issues and commodity prices. They were of the view that with its entrepreneurial spirit and a young generation unafraid to take risks, India can forge ahead with the right kind of education and use of technology.
What is the one aspect of global turmoil that is impacting your business? And what is one aspect of what India can do to thrive under the circumstances?
Kunal Shah: Our industry is kind of limited to the startup ecosystem. The investors are telling us an interesting story —that in our markets, there seems to be this complete distress and we should not be acting.
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And in this market you come, you are looking at everything… just thriving. It’s often the situation of a mother feeling cold and putting a sweater on the kid. So, the investors are kind of looking at the markets and completely confused about how to deal with that. Because they see the enthusiasm they go back to the original market and are confused.
I think the real issue we’ll deal with is the per capita income. Female participation of labour is a key input for us to get to a 10 trillion economy. And I think that numbers are not looking great, we have done the Beti Bachao, Beti Padhao, and I think the Beti Kamao part is still pending.
Lakshmi Venu: If I look at my two industries, agriculture — we make farm equipment — and auto components, I do see the
