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India Economic Summit begins, focus on digital transformation

By TEAM VCC

  • 06 Oct 2016
India Economic Summit begins, focus on digital transformation
Other | Credit: Reuters

The World Economic Forum (WEF) and Confederation of Indian Industry (CII) are hosting a two-day India Economic Summit from Thursday and said that geopolitical tension with Islamabad will not have an adverse impact.

They also said the Reserve Bank of India has been doing a good job but the country needs to tackle its structural problems, to move to the next level of development.

At least 600 participants from a little over 30 countries will take part. The meet will focus on issues like financial inclusion through digital transformation and regional economic integration.

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The two-day event will provide a strategic platform for the WEF’s global multi-stakeholder community to discuss and debate the theme Fostering an Inclusive India through Digital Transformation.

Many corporate seniors —Vedanta chief Anil Agarwal, Paytm India founder Vijay Shekhar Sharma, JSW Group head Sajjan Jindal, Hero MotoCorp chief Pawan Munjal and Bharti Enterprises chairman Sunil Mittal — will attend the Summit. So will several Union ministers —Suresh Prabhu, Dharmendra Pradhan, Nitin Gadkari, Ravi Shankar Prasad, Smriti Irani — at different sessions.

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