Republic India Economic Summit: Editor-in-Chief Arnab Goswami shares key takeaways

#RepublicSummit | Editor-in-Chief Arnab Goswami shares his takeaways from the India Economic Summit; Tune in to watch #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/LGtOzQJzIh — Republic (@republic) November 26, 2021 #RepublicSummit | Calling these cryptocurrencies currencies is a misnomer: Economist Nouriel Roubini reveals why; Tune in #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/dJcxk2LHQg — Republic (@republic) November 26, 2021 #RepublicSummit We live in a world where just about every asset price is expensive. Real Estate is expensive, prices are booming all over the world, bond yields are very low: Economist Nouriel Roubini lists potential global bubbles; Tune in to watch #LIVE https://t.co/POzXbcH8iR pic.twitter.com/onOBdPiQ3S — Republic (@republic) November 26, 2021 #BREAKING on #RepublicSummit | India needs to do more structural reforms. Unfortunately, there has been a recent process to repeal such a reform: Economist Nouriel Roubini https://t.co/POzXbcH8iR pic.twitter.com/TI0hlJGt7Z — Republic (@republic) November 26, 2021 Govt revenues have been better than expected & equity market has been among the best performing in the world. Moreover, FDI & and banks are flush with liquidity. Clean up of banks has continued, there have also been a number of economic reforms: Nouriel Roubini India is a vibrant democracy, free society, that promotes long-term growth. Because of the COVID situation, there is a process of hyper-digitisation the way we work, study, socialize. It is becoming more digital and it helps India: Economist Nouriel Roubini Nouriel Roubini, Professor of Economics at NYU's Stern School of Business, predicts India's growth could grow at over 9%. Talking about the present state, Roubini points out that India's growth is better than US and China. #RepublicSummit | The policy responses of India to the COVID pandemic, I would argue, were appropriate and correct...: Nouriel Roubini, Professor of Economics at NYU's Stern School of Business https://t.co/ji3RNUmw2E pic.twitter.com/5KfvIw96lR — Republic (@republic) November 26, 2021 #RepublicSummit | The recovery from the COVID recession was impacted by secondary waves, and for many countries it was more a depression than recession: Nouriel Roubini, Professor of Economics at NYU's Stern School of Business https://t.co/POzXbcH8iR pic.twitter.com/cHhr8bxyx9 — Republic (@republic) November 26, 2021 #RepublicSummit | Nouriel Roubini, CEO of Roubini Macro Associates & Professor of Economics at the New York University's Stern School of Business, speaks on 'All Geared Up - India's Role In The Global Economy', #LIVE here - https://t.co/xYp0ndV6Ts pic.twitter.com/YER2VXntU4 — Republic (@republic) November 26, 2021 "Our dream is to make India a super country, and for that multiple dreams are required to realise," Union Minister Piyush Goyal. He added, "If I were to choose one then I will want every citizen, every child to get quality education, quality healthcare facilities, and they all prosper." Slamming Opposition for questioning and criticising Covaxin, Union Minister Piyush Goyal said," When we became eligible for vaccination, we were deliberating. My wife said for all our lives we have been taking vaccines of Bharat Biotech, our children have been vaccinated with Bharata Biotech vaccines. It is a great company and an Indian company and we will take Covaxin over any other vaccine." #RepublicSummit | We have 20 crore vaccines in stock today. We should ask those who were asking 'where are the vaccines', and theirs are the states that are laggards. The grand old party led by its crown prince was trying to dissuade people from taking the vaccine: @PiyushGoyal pic.twitter.com/7ArDibctFF — Republic (@republic) November 26, 2021 "People find PM Modi a sensitive leader. He can talk about anything from poverty alleviation to a one-world grid. He talks about convenient action, he wants solutions," said Union Minister Piyush Goyal. #RepublicSummit | Today, on every forum, India's voice has become an important and pre-eminent voice, and credit is to PM Modi for that, and as PM Modi says, the voice is that of 135 crore Indians: @PiyushGoyal, Union Minister https://t.co/POzXbcH8iR pic.twitter.com/Qn2YE3ItbJ — Republic (@republic) November 26, 2021 Talking about discrimination between Covaxin and other vaccines like Pfizers, Bharat Biotech MD Dr Krishna Ella, "When a country develops a nuclear bomb, the other countries try to stop it. Each one tries to have supremacy over others. We should see vaccine also that way and not be worried about it." "India under PM Modi will care about the interest of the Indians first," Union Minister Piyush Goyal, recounts India's decision to not enter the RCEP trade deal. Tune in to watch LIVE here - Union Minister Piyush Goyal also spoke at length about the repeal of the farm laws. He said, "Very clearly the PM came out with the set of laws and all of us tried to explain them to the farmers. Our intention was to increase the income of the farmers, give them more opportunities- in short everything was in benefit of the farmers but a certain section did not agree. That, however, should not be taken as a setback." "Why is everyone focussing on a free trade deal between India and US? We are dealing with 5 trillion dollars of business, and for that free trade deal is not the only way. There are many ways to revitalize trade," Union Minister Piyush Goyal said. "Even worldwide, it is taking some time. It depends on incentives, on government incentives. India is not in a position to buy a car worth Rs 20 lakh so affordability is a very big factor, " said Tarun Garg - Director - Sales, Marketing & Service, Hyundai Motor India Ltd. He added, "I feel very strongly that the world is going to move towards EVs." "People don't buy Tesla because it is a green car but because it is a great sports car. You can't expect a customer to buy a bad car just to go green," says Ravneet Phokela - Chief Business Officer, Ather Energy. "Four or five years back there were electronic vehicles but people were not looking at buying them. One- because it was not of very good quality and two- because the Acquisition cost, as well as the running cost, was high," said Malo le Masson - Head, Strategy and Global Product Planning, Hero MotoCorp. He underlined that now with costs coming down and quality improving, the demand is also increasing. "We're too early in the journey to monitor who is here & who isn't. It's (EVs are) only 1% of the market. If someone comes, it injects excitement, if Tesla comes it'll inject excitement," said Ravneet Phokela - Chief Business Officer, Ather Energy. "Today, you read a newspaper at least 3-4 articles are on sustainability. A few years back there were none," said Tarun Garg - Director - Sales, Marketing & Service, Hyundai Motor India Ltd. He underlined that the presence of EV cars are 1%, and the Government has set a target of 30% EV cars penetration by 2030. "There's a need to work. Just because we have 10 years in our hands, does not mean we stop working. It is not going to happen overnight," he said. "There's enough consumer demand. So that's not a problem. If there wasn't, there would be a problem. Now, as Original Equipment Manufacturer (OEMs), how do we scale, that's the issue," Ravneet Phokela - Chief Business Officer, Ather Energy. #RepublicSummit | We have to understand our country's dynamics when we talk about a shift to green mobility. Unlike the West, we are an 80% two-wheeler market: Randheer Singh, Director, Electric Mobility, NITI Aayog https://t.co/POzXbcH8iR pic.twitter.com/WJ9xILyc2L — Republic (@republic) November 26, 2021 #RepublicSummit | We are committed to developing a mass-market EV within 3 years that addresses the price-parity issue: Tarun Garg, Director - Sales, Marketing & Service of Hyundai Motors India https://t.co/POzXbcH8iR pic.twitter.com/Uqp2d6F5jC — Republic (@republic) November 26, 2021 #RepublicSummit | Affordability is not always the answer as a consumer looks for a good experience: Malo dr Masson, Head, Strategy & Global Product Planning, Hero MotoCorp https://t.co/POzXbcH8iR pic.twitter.com/42yMJlnKxP — Republic (@republic) November 26, 2021 #RepublicSummit | The panel on 'The Green Mobility Shift' is #LIVE at the India Economic Summit 2021; Tune in to hear from the most key players from the Electric Vehicle (EV) space here - https://t.co/POzXbcH8iR pic.twitter.com/H1kJ3RxIBL — Republic (@republic) November 26, 2021 #RepublicSummit | 'Miracle dose is important': Dr Krishna Ella, Bharat Biotech MD answers if Covaxin will have a booster shot; explains what is the logic behind having a booster dose at the India Economic Summit pic.twitter.com/fvnr5KvzqQ — Republic (@republic) November 26, 2021 "If we change our regulatory process to a little bit faster, we will be ahead of any other country. India is far ahead of other countries when it comes to vaccines & very few people understand," says Bharat Biotech MD Dr Krishna Ella. #RepublicSummit | Covaxin-maker Bharat Biotech MD Dr Krishna Ella addresses the risk of the variants of COVID emerging & its impact on the people at the India Economic Summit. Tune-in here to watch #LIVE - https://t.co/SNq4vA2EsU pic.twitter.com/whBMywysAL — Republic (@republic) November 26, 2021 #RepublicSummit | 'We have completed the Phase 2 trial for the nasal vaccine. We have picked up science even the Western world has not been able to pick up. It will stop the transmission of the virus': Dr Krishna Ella, Bharat Biotech MD speaks at India Economic Summit pic.twitter.com/RPW33VNRAj — Republic (@republic) November 26, 2021 Bharat Biotech MD Dr Krishna Ella on Covaxin for kids. "We completed our process of clinical trials for children from 2-18 years. It is now in the government's hands. We are the only one with vaccines for 2 years, even Pfizer produces vaccines for kids aged 5 years and above," he said. #RepublicSummit | Bharat Biotech MD Dr Krishna Ella speaks about his company's journey in creating vaccines for the world at the India Economic Summit. Tune-in here to watch #LIVE - https://t.co/SNq4vA2EsU pic.twitter.com/mVgHxMDwe8 — Republic (@republic) November 26, 2021 Dr Krishna Ella, Chairman & Managing Director of COVAXIN-maker Bharat Biotech, speaks at the India Economic Summit 2021 on 'Vaccine For All' Tune in here to watch: https://t.co/XaWaCmxQLJ pic.twitter.com/zkcKwPMVCz — Republic (@republic) November 26, 2021 Republic's Editor-in-Chief Arnab Goswami asks Aditya Ghosh - Co-Founder, Akasa Air 'Is knowing too much bad?' Aditya Ghosh in his answer said, "The core to entrepreneurship is knowing that failure is a real risk. The second is that after you have got that into your head, you know the steps up the ladder. You don't have to know all the steps." Republic's Editor-in-ChiefArnab Goswami asks Ronnie Screwvala- Chairperson & Co-founder upGrad, 'How did he create magic the second time?' Ronnie Screwvala answered saying, "There's no magic, if you are clear of what you do and what do you want, it happens." The Chairperson & Co-founder upGrad also credited her Parsi background 'for keeping him grounded and helping him work hard.' "The key is- One, keep on working every day on improving your business fundamentals, and two, have a plan B," says Sanjeev Bhikchandani - Founder & Executive Vice-Chairman, Info Edge. 'Don't see a slump in fundings drying up but ideas changing. Having said that, you should have your fundamentals in play. Predict way before it comes': Aditya Ghosh - Co-Founder, Akasa Air. "I didn't want to be in the co-operate sector. There was no grand vision, there was just let's see what happens. Those ten years there was a lack of infrastructure, capital, so I really resonate when it is said that it's all about resilience. Don't lose the focus," says Sanjiv Bhikchandani - Founder & Executive Vice-Chairman, Info Edge about his entry into the world of start-ups. #RepublicSummit | Vision is overrated, Serendipity is underrated: @RonnieScrewvala, Chairperson & Co-founder upGrad, Founder of UTV & Venture Capitalist https://t.co/POzXbcH8iR pic.twitter.com/MC6bu9y1T7 — Republic (@republic) November 26, 2021 Gajendra Jangid - Co-Founder and CMO, CARS24 during the discussion said, "I think the 6 yrs have been very eventful, we have seen ups and downs. We are well-prepped for any type of situation that may come. So many fundamental level changes that really shook our foundation, and then of course COVID happened, and from all that one thing that I have learnt is that don't succumb to the pressure. Don't take easy decisions but also don't take high-risk decisions." "Is the Indian economy going in a certain direction? Yes. Do we have the energy to catapult it in a certain direction-? Yes," said Aditya Ghosh - Co-Founder, Akasa Air & Board Member – Oyo and FabIndia, adding that India can very well become a 10 Trillion economy in the next years. "If you go back a few 100 years, India in the 17th century was about 38% of world's economy, but in 1947 we couldn't manufacture a penny. We startups are standing on the back of 70 years of entrepreneurship that brought us back, says Aditya Ghosh, co-Founder, Akasa Air. #RepublicSummit | What's the message we're sending out with 'The Unicorn Race', maybe we have to pace it into 'The Unicorn Pace'...: @RonnieScrewvala, Chairman & Co-Founder upGrad & Founder of UTV pic.twitter.com/XDQDLQQeh6 — Republic (@republic) November 26, 2021 #RepublicSummit | The biggest names from the startup space join the India Economic Summit 2021; watch 'The Unicorn Race' #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/tFo89vAUh0 — Republic (@republic) November 26, 2021 "Distributing free electricity outside and keeping fuel prices high in Delhi. If you want to fight the election, please state what you plan to do. We know one party only wants to make everything free," said Union Minister Hardeep Singh Puri indirectly slamming AAP and its chief Arvind Kejriwal. "COVID-19 is when the story of Aatmanirbharta starts. It does mean turning your backs to the world or inwards. It means when you're faced with an emergency, you ensure that your entrepreneurial domestic force is released," Union Minister Hardeep Singh Puri said. Catch the Summit live:- "You threw it in the dustbin in Rajasthan, and are doing corruption in Punjab, " says Union Minister Hardeep Singh Puri in befitting answer to the question of the Opposition 'Where are vaccines?". Having answered the question, the Union Minister said that the Opposition has always spoken contrary to the government. "First, you analyse where the criticisers of rising fuels prices coming from. From the little economics, I have learnt, when the price rises the demand trickles down but that did not happen so where are these criticisers coming from," said Hardeep Singh Puri. The Union Minister added, "What did you do when you were in power to keep the prices low? You decided to float lakhs worth of oil bonds in 2015, which were to mature in 2015. Now, every year our government is paying crores of Rupees." Acknowledging that COVID-19 was class apart, Union Minister Hardeep Singh Puri said, "The history of this period will be written in terms of a pre-COVID and post-COVID period." "When the pandemic hit us in 2019, some of us were not coming to terms with it, even the WHO. I used the word pandemic in an event in February 2019, and it was underlined that even the WHO has not declared it a pandemic yet," Hardeep Singh Puri said. The Union Minister added, "Back then, we opted for life and went into a complete lockdown. We literally had to ensure that the healthcare system was rebuilt to deal with the pandemic." Minister Hardeep Singh Puri Talks On 'Future Ready India' at Republic ‘India Economic Summit 2021. #RepublicSummit | @HardeepSPuri, Union Minister of Petroleum & Natural Gas and Housing and Urban Affairs, speaks on a 'Future Ready India' at the India Economic Summit 2021, #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/UcAD5qPD5e — Republic (@republic) November 26, 2021 "On the issue of crypto, the suggested law does not ban crypto, does not ban blockchain. What it's done is it's said there'll be a central bank digital currency," says MoS Rajeev Chandrasekhar. "Aatmanirbhar Bharat is the departure from the western style followed for many years. Our Prime Minister did not fall prey to the western economy saying stimulus, stimulus, stimulus," says Rajeev Chandrasekhar, adding that PM Modi instead capitalized on the business, the talent of India. "We can see how a sense of confidence has developed because of that," the Union Minister of State added. "Every Indian user on the Internet has to be guaranteed they're not discriminated against and they have the right to privacy. There's no road for the state to censor," Union Minister of State Rajeev Chandrasekhar Skill Development & Entrepreneurship & Electronics & IT. #RepublicSummit | The doomsday prophets say what they say, but it's important for us to be proud of the journey India has gone on in 19 months: @Rajeev_GoI, Union Minister of State https://t.co/POzXbcH8iR pic.twitter.com/0Hgx979bRP — Republic (@republic) November 26, 2021 #RepublicSummit | Unless we are able to empower small businesses, we would not be able to reach the trillion-dollar digital goal: Noopor Chaturvedi, CEO, NPCI Bharat BillPay Limited (NBBL) https://t.co/POzXbcH8iR pic.twitter.com/s8OXCmlbbv — Republic (@republic) November 26, 2021 "It's been said, to succeed in India you have to know your ABCD - Astrology, Bollywood, Cricket, Divinity. Our version of ABCD is Affordability, to Build for businesses, the right Context, and D is developing for all," said Sajith Sivanandan, MD, Google Pay. #RepublicSummit | People are used to getting services for very cheap, but let's not get ahead of ourselves. If data is the most precious commodity that people can trade on for the next 10-15 years, then let's have regulations there: @_sameernigam, CEO & Founder, PhonePe pic.twitter.com/LGneETE3hS — Republic (@republic) November 26, 2021 #RepublicSummit | How well we're using Internet is a debate we have to have. Our system of pedagogy is still about regurgitating things. Access will expand, but attention has to be paid to creating better quality knowledge: @nikhilkamathcio, Co-founder True Beacon and Zerodha pic.twitter.com/MrvIIxSaZs — Republic (@republic) November 26, 2021 #RepublicSummit | We are obliged to make a lot more out of India than it being just a market. We can solve the agenda of equity - as an enabler for economic growth and prosperity, and because we've discovered scale, to find answers for the world: @secondatticus, MD, Meta India pic.twitter.com/jtv8TLukPG — Republic (@republic) November 26, 2021 #RepublicSummit | MYn founder @AsRajgopal disputes Meta India MD @secondatticus's statement on having an obligation to make more out of India than just treating it as a market; Tune in to watch the biggest gathering of India's digital media leaders here - https://t.co/POzXbcH8iR pic.twitter.com/Y8NqoVYjMo — Republic (@republic) November 26, 2021 #RepublicSummit | Digital is now & will continue. The pandemic has accelerated digital. What would have happened in 10 years has happened in 2 years": Sajith Sivanandan, MD and Business Head - Google Pay & Next Billion User Initiatives, Google India pic.twitter.com/pR2q9g2bAQ — Republic (@republic) November 26, 2021 Meanwhile, Noopor Chaturvedi, CEO, NPCI Bharat BillPay Limited (NBBL) pointed out that India's tryst with digital started with Aadhaar, which changed the way services were meted out to consumers: #RepublicSummit | 80-85% of our customers are from Tier-2 & beyond, and 70% of them are from Tier-3 cities & beyond. The digital age is here. Search, social, content, news - per capita consumption is highest in India: @_sameernigam, CEO & Founder, PhonePe https://t.co/POzXbcH8iR pic.twitter.com/VOD37GdfnU — Republic (@republic) November 26, 2021 #RepublicSummit | 'The Future is Digital', and the movers-and-shakers of India's digital media space are #LIVE with Arnab at the India Economic Summit 2021, here - https://t.co/POzXbcH8iR pic.twitter.com/uNyYTIYzXb — Republic (@republic) November 26, 2021 "We have come out with jackets where we can monitor diabetes, heart ailments. If a person gets trapped in an avalanche, till 72 hours they can survive, it'll be bulletproof, and we'll give it to govt," Ajay Harinath Singh, CMD, Darwin Platform Group of Companies. #RepublicSummit | Ajay Harinath Singh, Chairman & MD of the Darwin Platform Group of companies, speaks to Republic's Bhaskar Das in a corporate one-on-one on 'Collaborating Towards A $5 Trillion Economy', #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/dMW423KgSN — Republic (@republic) November 26, 2021 "I remember a time when Work-From-Home was a death knell for women professionals. The pandemic brought a balance to the WFH concept; men were also working from home" #RepublicSummit | I remember a time when Work-From-Home was a death knell for women professionals. The pandemic brought a balance to the WFH concept; men were also working from home: @smritiirani, Women & Child Development Minister https://t.co/POzXbcH8iR pic.twitter.com/lmMmPb312q — Republic (@republic) November 26, 2021 "When we pronounced 'Nari se Kharidari', we got 38 crore impressions on one FB post. We asked people that if they see one female entrepreneur, please buy from her and people took that seriously" #RepublicSummit | When we pronounced 'Nari se Kharidari', we got 38 crore impressions on one FB post. We asked people that if you see one female entrepreneur, please buy from her and people took that seriously: @SmritiIrani, Union Minister for Women & Child Development, GoI pic.twitter.com/SrGeflWfFa — Republic (@republic) November 26, 2021 "I remember a time when Work-From-Home was a death knell for women professionals. The pandemic brought a balance to the WFH concept; men were also working from home." #RepublicSummit | I remember a time when Work-From-Home was a death knell for women professionals. The pandemic brought a balance to the WFH concept; men were also working from home: @smritiirani, Women & Child Development Minister https://t.co/POzXbcH8iR pic.twitter.com/lmMmPb312q — Republic (@republic) November 26, 2021 "We have too many people punching us in the face, so don't deride yourself for patting yourself on the back" #RepublicSummit | We have too many people punching us in the face, so don't deride yourself for patting yourself on the back, says @smritiirani, hailing 6.6 million women COVID warriors https://t.co/POzXbcH8iR pic.twitter.com/qeyhd6Azvv — Republic (@republic) November 26, 2021 Urging investors to bet more on female enterprisers, Smriti Irani stated that women are still considered as better 'financial managers'. "One of the greatest challenges a woman faces is for someone to believe in her idea. That is the crux of a problem. Female entrepreneurs just want one investor to believe in them" #RepublicSummit | One of the greatest challenges a woman faces is for someone to believe in her idea. That is the crux of a problem. Female entrepreneurs just want one investor to believe in them: Smriti Irani, Minister for Women & Child Development, GoI https://t.co/POzXbcH8iR pic.twitter.com/WV7Tdnt62u — Republic (@republic) November 26, 2021 "When feminism is spoken of we are sometimes told we need to learn it from foreign nations. But if you look at it from a socio-anthropological perspective, the role of women in not only India but Asia as a whole vis-a-vis elsewhere was not discussed." #RepublicSummit | When feminism is spoken of we are sometimes told we need to learn it from foreign nations. But if you look at it from a socio-anthropological perspective, the role of women in not only India but Asia as a whole vis-a-vis elsewhere was not discussed: @smritiirani pic.twitter.com/5GZLK7shCo — Republic (@republic) November 26, 2021 "It's my greatest privilege that I work in a govt that says the issues of women cannot be limited to just one department, and the voice of a child is as important as any man, woman, or the elderly." #RepublicSummit | It's my greatest privilege that I work in a govt that says the issues of women cannot be limited to just one department, and the voice of a child is as important as any man, woman, or the elderly: @smritiirani, Women & Child Development Minister pic.twitter.com/hhFqKL5hku — Republic (@republic) November 26, 2021 Smriti Irani takes on naysayers, "They said I was uneducated, they said I couldn't win Amethi, and they made some disparaging remarks on my weight. I'm glad in 2-3 years I could prove otherwise." #RepublicSummit | They said I was uneducated, they said I couldn't win Amethi, and they made some disparaging remarks on my weight. I'm glad in 2-3 years I could prove otherwise: @smritiirani, Union Women & Child Development Minister https://t.co/POzXbcH8iR pic.twitter.com/HalT2sWB5a — Republic (@republic) November 26, 2021 "Seems I do it for a living - Proving people wrong" Smriti Irani at Republic's Economic Summit #RepublicSummit | "Seems I do it for a living - Proving people wrong": @smritiirani, Union Women And Child Development Minister, to Arnab at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/vsbHWBtj6k — Republic (@republic) November 26, 2021 Green expressways should cut travel time by half is the dream of Union Roads & Highways Minister Nitin Gadkari. Speaking at the India Economic Summit, the Minister said his dream project is that people should be able to travel from Leh to Kanyakumari at 100 kmph. #RepublicSummit | 'What is your dream project?' Arnab asks @nitin_gadkari. Watch the Minister's response #LIVE at the India Economic Summit 2021 here - https://t.co/Q8MLShSYo4 pic.twitter.com/B9tx3mWNrh — Republic (@republic) November 26, 2021 #RepublicSummit | Ajay Harinath Singh, Chairman & MD of the Darwin Platform Group of companies, speaks to Republic's Bhaskar Das in a corporate one-on-one on 'Collaborating Towards A $5 Trillion Economy', #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/dMW423KgSN — Republic (@republic) November 26, 2021 #RepublicSummit | It is my mission that India becomes the world's leading manufacturing hub in the next 5 years: @nitin_gadkari, Union Minister of Road, Transport & Highways, GoI https://t.co/POzXbcH8iR pic.twitter.com/P66e8Nml8G — Republic (@republic) November 26, 2021 #RepublicSummit | Hero group has made such a good e-bicycle that I am confident that in coming times 50% of the world's e-bicycle market will be India's: @nitin_gadkari, Union Minister, Government of India, at India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/4o5NIYloS9 — Republic (@republic) November 26, 2021 #RepublicSummit | We will create energy out of our farm stubble, envisions Union Minister @nitin_gadkari; projects that India will lower its Rs 25 lakh crore fuel import expenditure over coming 5 years, at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/5pD9NC6pNY — Republic (@republic) November 26, 2021 #RepublicSummit | A revolution will be initiated on a large scale in the coming times. The main aim is to reduce pollution: @Nitin_Gadkari, Union Minister of Road, Transport & Highways, Government of India https://t.co/POzXbcH8iR pic.twitter.com/Sct88aoYit — Republic (@republic) November 26, 2021 #RepublicSummit | We will export Green Hydrogen all over the world. I had coordinated India's startups, engineers, IITs, DRDO... It can divert Rs 10-15 lakh crore from fuel import bills to our rural economies: @nitin_gadkari, Union Minister https://t.co/POzXbcH8iR pic.twitter.com/9bamdS5QyK — Republic (@republic) November 26, 2021 Making a big revelation on India Economic Summit, Union Roads & Highways Minister Nitin Gadkari announced that he owns an electriv vehicle. Gadkari also informed that on Wednesday, he will be signing the order that every petrol engine in the country will be a flex engine - 100% petrol or 100% biofuel can be put. #RepublicSummit | Rs 10 per km on petrol, Rs 7 on diesel & Rs 1 per km on electricity...: Union Minister @nitin_gadkari with an incisive analysis on EVs, Hydrogen fuel cells, Ethanol fuel and more, at the India Economic Summit 2021, here - https://t.co/POzXbcH8iR pic.twitter.com/ZV3Nb4kTA2 — Republic (@republic) November 26, 2021 #BREAKING | In 6 months, all our 2,3 and 4-wheelers will be flex engines with electricity. Costs will be low: @Nitin_Gadkari, Union Minister of Road, Transport & Highways, Government of India https://t.co/POzXbcH8iR pic.twitter.com/qVhRigVHMo — Republic (@republic) November 26, 2021 #RepublicSummit | Union Minister @Nitin_Gadkari gives a stirring endorsement to Electric Scooters, calls Diesel the worst and most hazardous fuel, and highlights fossil fuels' role in environmental pollution https://t.co/POzXbcH8iR pic.twitter.com/A6veDIzNsA — Republic (@republic) November 26, 2021 #RepublicSummit | Union Minister Nitin Gadkari talks ‘super economy, super fast growth’ with Arnab Goswami at Republic’s India Economic Summit. Tune in to watch here - https://t.co/POzXbcH8iR pic.twitter.com/cFXSz8Nj8H — Republic (@republic) November 26, 2021 #RepublicSummit | By 2030 we need to generate 90 million jobs. Do we have the capital, and how much is needed? As per Mckinsey, it's $2.3 trillion, and the way the govt is liberalising, it will happen: Imtaiyazur Rahman, CEO, UTI Asset Management https://t.co/POzXbcH8iR pic.twitter.com/NJnjYkzbqc — Republic (@republic) November 26, 2021 #RepublicSummit | Why does it take a Vodafone case for 4 successive govts to realise it created a bad impression about India?: CP Gurnani, MD & CEO, Tech Mahindra, at India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/ylKRQhX4Q6 — Republic (@republic) November 26, 2021 #RepublicSummit | We still have not settled the Satyam cases, there is a baggage on our legal system. The good news is that we have come so far because there is progress: CP Gurnani, MD & CEO, Tech Mahindra https://t.co/POzXbcH8iR pic.twitter.com/lkqwm3V2xu — Republic (@republic) November 26, 2021 #RepublicSummit | There's a very nice synergy building up between startups and traditional players: Sanjay Kukreja, Partner & CIO, ChrysCapital https://t.co/POzXbcH8iR pic.twitter.com/MV9SGWdveb — Republic (@republic) November 26, 2021 Entrepreneurs and Industrialists have to be careful about valuations, says Imtaiyazur Rahman, CEO & Whole Time Director, UTI Asset Management. Valuations, risks, opportunities and much more LIVE at the India Economic Summit 2021's 'Investing In India Inc.' panel discussion. #RepublicSummit | There were a lot of sectors where 10-15 years ago there was much less transparency. Governance is a critical factor for us to decide whether we go and invest: Prashanth Prakash, Founding Partner, Accel, at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/TpcY3XvYNE — Republic (@republic) November 26, 2021 #RepublicSummit | I have not seen a more capital-abundant country like India. Availability of risk-taking capital has really scaled in the last 10 years. It is creating opportunity for entrepreneurs to take risk: Sanjay Kukreja, Partner & CIO, ChrysCapital https://t.co/POzXbcH8iR pic.twitter.com/G9buCfMBqL — Republic (@republic) November 26, 2021 #RepublicSummit | I see Agritech as a big shift. 100 million families have really not progressed. Startups & entrepreneurs will have to make it happen: Prashanth Prakash, Founding Partner, Accel https://t.co/POzXbcH8iR pic.twitter.com/UsQ4jBViRR — Republic (@republic) November 26, 2021 #RepublicSummit | The common thread is technology, and that's where I think the biggest opportunity for India's corporates are. India ka time aayega, aur aaya hai: CP Gurnani, MD & CEO, Tech Mahindra, at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/ImePzwJ4ML — Republic (@republic) November 26, 2021 At #RepublicSummit, Marico Founder & Chairman @hcmariwala's 3 pieces of advice to entrepreneurs: - Know it's highly competitive - Have very good talent - Organisations must follow very high standards of governance India Economic Summit 2021 #LIVE https://t.co/POzXbcH8iR pic.twitter.com/eoty9BtWJH — Republic (@republic) November 26, 2021 #RepublicSummit | To me the starting point is the entrepreneur working very very closely with the consumer, and many times the consumer doesn't know what he/she wants: @hcmariwala, Founder & Chairman, Marico, at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/jwltiBJVir — Republic (@republic) November 26, 2021 #RepublicSummit | The war for talent is as important as the war in the marketplace. I think talent culture creation is most underestimated among Indian businessmen: @Hcmariwala, Founder & Chairman, Marico https://t.co/POzXbcH8iR pic.twitter.com/vELg8dZwjY — Republic (@republic) November 26, 2021 Republic's Niranjan & Rhythm speak to CP Gurnani, Imtaiyazur Rehman, Prashanth Prakash and Sanjay Kukreja on 'Investing in India Inc.' Tune in to watch the India Economic Summit 2021 LIVE here #RepublicSummit | I've always thought that if the economy is at an even keel, there's always opportunity for entrepreneurship: Harsh Mariwala, Founder & Chairman, Marico, at the India Economic Summit 2021 https://t.co/xYp0ndV6Ts pic.twitter.com/ien1bfBdQt — Republic (@republic) November 26, 2021 Harsh Mariwala, Founder & Chairman of Marico, speaks with Republic's Bhaskar Das on 'Getting In The Game', a corporate one-on-one at the India Economic Summit 2021. Tune in here to watch the summit discussion live. #RepublicSummit | Production-Linked Incentive (PLI) is going to be the gamechanger, says Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce, GoI https://t.co/POzXbcH8iR pic.twitter.com/Uh4KflLiJD — Republic (@republic) November 26, 2021 #RepublicSummit | 'Start-up is the future, it is going to be the biggest contributor to India's wealth': Anurag Jain - Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce Tune in to watch the discussion here - https://t.co/POzXbcH8iR pic.twitter.com/l7uCK1j2wH — Republic (@republic) November 26, 2021 "A conducive environment is very much there, but why is the corporate sector not coming in to invest? That's a question we need to answer. Opportunities are huge," says Rajnish Kumar - Chairman, BharatPe & former Chairman, SBI. #RepublicSummit | Banks are well capitalised and flush with funds, so the question is what is holding us up? Why the corporates are not coming in a big way to India for investment?: Rajnish Kumar, Chairman, BharatPe & former Chairman, SBI https://t.co/POzXbcH8iR pic.twitter.com/N5J6HKH69C — Republic (@republic) November 26, 2021 #RepublicSummit | I feel confident that we would be seeing the end of the COVID challenge soon. Which is the biggest news for the economy: Harshvardhan Neotia, Chairman, Ambuja Neotia Group, at the India Economic Summit 2021 https://t.co/POzXbcH8iR pic.twitter.com/MbrGDvKSkN — Republic (@republic) November 26, 2021 #RepublicSummit | The unorganised sector has been feeling the heat, there have been job losses. But, the potential of the Indian economy going forward is very optimistic: Harshvardhan Neotia - Chairman, Ambuja Neotia Group Watch here - https://t.co/POzXbcH8iR pic.twitter.com/KN96w06HOl — Republic (@republic) November 26, 2021 #RepublicSummit | The mood is very optimistic, if we continue to do the right things and attract investors, it will change the manufacturing scenario: Anurag Jain - Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commercehttps://t.co/POzXbcH8iR pic.twitter.com/NaKQrPuYza — Republic (@republic) November 26, 2021 #RepublicSummit | Next two to three years are very important from a business point of view... The whole mood is very optimistic, if we continue to do the right things: Anurag Jain, Secretary, DPIIT at the India Economic Summit https://t.co/POzXbcH8iR pic.twitter.com/y7BGTLbiAJ — Republic (@republic) November 26, 2021 "We are capable of charting our own course - India's economic response to COVID was different from what others did and what many experts wanted us to do," said Sanjeev Sanyal, Principal Economic Advisor of the Govt of India. "The confidence that we have now as a country, is on a different level. I am confident that we will see double-digit growth this year," he added while speaking at a panel discussion on Building Momentum For India’s Century on India Economic Summit, #RepublicSummit | 'We should not be a country of job-seekers, we should be the job-creators': Arnab Goswami starts off Republic's India Economic Summit 2021 in New Delhi. Tune in to watch it #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/khodAa7Cuv — Republic (@republic) November 26, 2021 #RepublicSummit | We must be the hub of production, digitisation, technology, risk-takers and innovation, says Arnab Goswami at the India Economic Summit 2021. Tune in to watch #LIVE here - https://t.co/POzXbcH8iR pic.twitter.com/SnrTdgUDTI — Republic (@republic) November 26, 2021 #RepublicSummit | 'The next decade is perhaps the most important in India’s economic history, and for India’s future' says Arnab Goswami as he kicks off the India Economic Summit 2021. Tune in to watch here - https://t.co/POzXbcH8iR pic.twitter.com/O4BzitzNWQ — Republic (@republic) November 26, 2021 Republic presents India Economic Summit 2021; Watch Arnab Goswami's live address from Taj Palance, New Delhi. Republic Media Network Editor-in chief Arnab Goswami is all geared up for the India Economic Summit 2021. He will soon give an opening address at the event. Viewers can tune in to watch the summit live here: #RepublicSummit | Arnab is all geared up for the India Economic Summit 2021 - Tune in to watch #LIVE here - https://t.co/pc33diXWyK pic.twitter.com/b2PxC19mVC — Republic (@republic) November 26, 2021 The countdown is ticking down to the India Economic Summit, where accelerating the global force that is India Inc. will be on the agenda, coming to you live from New Delhi on Republic TV. Republic TV reports live from Taj Palace in New Delhi as guests and speakers gear up for the India Economic Summit 2021. Tune in to watch the biggest economic summit where the most crucial sectors of the world's fastest-growing major economy come under the microscope. The stage is set for 'India Economic Summit 2021'. Tune in to Republic TV as we begin the final countdown, coming up LIVE. Republic's 'India Economic Summit 2021', where influential economic minds will air their views, is set to begin at 9:30 today. Viewers can watch the most crucial sectors of the world's fastest-growing major economy come under the microscope, shortly on Republic TV. At a time when new world order is set in motion, with partnerships being formed and broken every other day, it is time for India to mull over its position in the global world. Though blazing at a high speed, with the aim of becoming a global superpower, there is no denying that the state of the macro and micro economy is going to play the role of a major determinant. There are many pressing questions about the same, which will all be dealt with in the first-ever edition of Republic's ‘India Economic Summit 2021’. ‘India Economic Summit 2021’ will have Union Ministers, Policymakers and Top Corporate leaders, engage in a gainful dialogue, providing citizens and the global community with perspectives that will draw the way forward for the world's largest democracy. Republic will be #LIVE from the Summit venue from 8:30 am on Friday, November 26, and the event kicks off at 9 am. Though taking place at Taj Palace, New Delhi, you can all be a part of it from your homes, colleges, offices, no matter where you are with just a tap on your screen here - ‘India Economic Summit 2021’. Alternately, watch the Republic 'India Economic Summit 2021' here - 9.00 AM - REPUBLIC’S ‘INDIA ECONOMIC SUMMIT 2021’ COMMENCES 9.20 AM - ‘BUILDING MOMENTUM FOR INDIA’S CENTURY’ The panel on ‘Building Momentum For India’s Century’ at Republic’s ‘India Economic Summit 2021’ will discuss what it takes to be a cut apart. Where does India have the edge? And what more is to be done to boost India’s economic prospects? A Panel Discussion with: Sanjeev Sanyal - Principal Economic Advisor, Ministry of Finance, GoI Harshvardhan Neotia - Chairman, Ambuja Neotia Group Rajnish Kumar - Chairman, BharatPe & former Chairman, SBI Anurag Jain - Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce, GoI 10.10 AM - ‘GETTING IN THE GAME’ A Corporate One-on-One with Harsh Mariwala- Founder & Chairman, Marico 10.35 AM - ‘INVESTING IN INDIA INC.’ Republic brings together some of the best minds from corporate India on a single platform to put the focus on ‘Accelerating India Inc.’ A Panel Discussion with - Dr Sangita Reddy - Joint Managing Director, Apollo Hospitals Group Imtaiyazur Rehman - CEO & Whole Time Director, UTI Asset Management CP Gurnani - MD & CEO, Tech Mahindra Prashanth Prakash - Founding Partner, Accel Sanjay Kukreja - Partner & CIO, ChrysCapital 11.20 AM - ‘SUPER ECONOMY, SUPER FAST GROWTH’ With Nitin Gadkari, Union Minister of Road, Transport & Highways, GoI 11.55 AM - ‘WOMEN SHAPING INDIA’S GROWTH’ With Smriti Irani, Union Minister for Women & Child Development, GoI 12:30 PM - ‘COLLABORATING TOWARDS A $5 TRILLION ECONOMY’ A Corporate One-on-One with Ajay Harinath Singh - Chairman and Managing Director, Darwin Platform Group of Companies. 12.55 PM - ‘THE FUTURE IS DIGITAL’ With the impending foray of 5G, Digital India is all set to receive the biggest stimulus. To become a global superpower, winning the digital game is key. It is with this vision that the biggest names from the business will come together on the dais of the ‘India Economic Summit 2021’ to deliberate on the topic, ‘The Future is Digital’. A Panel Discussion with: Ajit Mohan - Vice President & MD, Meta India Nikhil Kamath- Co-founder True Beacon and Zerodha. 14.55 PM - ‘AATMANIRBHAR BHARAT & 1 TRILLION DIGITAL ECONOMY’ With Rajeev Chandrashekhar - Union Minister of State for Skill Development and Entrepreneurship, Electronics and Information Technology, GoI 15.25 PM - ‘FUTURE READY INDIA’ With Hardeep Singh Puri - Union Minister of Petroleum and Natural Gas & Housing and Urban Affairs, GoI 15.55 PM - ‘THE UNICORN RACE’ The biggest names from the start-up space will join us at the ‘India Economic Summit 2021’ to put the focus on ‘The Unicorn Race’. A Panel Discussion with - Sanjiv Bhikchandani - Founder & Executive Vice-Chairman, Info Edge Aditya Ghosh - Co-Founder, Akasa Air & Board Member – Oyo and FabIndia Ganjendra Jangid - Co-Founder and CMO, CARS24. Ronnie Screwvala - Chairperson & Co-founder upGrad, Founder of UTV & Venture Capitalist 16.45 PM - ‘VACCINE FOR A BILLION’ With Krishna Ella - Chairman & Managing Director, Bharat Biotech International Limited 17.20 PM - ‘THE GREEN MOBILITY SHIFT’ At the ‘India Economic Summit 2021’, we bring together movers and shakers from the field to deliberate and discuss, ‘The Green Mobility Shift’. A Panel Discussion with - Tarun Garg - Director - Sales, Marketing & Service, Hyundai Motor India Ltd Ravneet Phokela - Chief Business Officer, Ather Energy Malo le Masson - Head, Strategy and Global Product Planning, Hero MotoCorp Randheer Singh - Director, Electric Mobility, NITI Aayog 18.00 PM - ‘THE GLOBAL TRADING DESTINATION’ With Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, GoI 19.45 PM - ‘ALL GEARED UP - INDIA’S ROLE IN THE GLOBAL ECONOMY’ With Nouriel Roubini - CEO, Roubini Macro Associates, LLC & Professor of Economics, New York University’s Stern School of Business. ‘Building Momentum For India’s Century' The panel on ‘Building Momentum For India’s Century’ at Republic’s ‘India Economic Summit 2021’ will discuss what it takes to be a cut apart in the global scenario. While India has shown a remarkable recovery from the setback imposed by the pandemic, with foreign investment inflows, the questions that will be the centre point of discussion of this panel are- 'Where does India have the edge? And what more is to be done to boost India’s economic prospects?' 'Investing In India Inc' The panel on 'Investing in India Inc' at Republic’s ‘India Economic Summit 2021’ will see an insightful discussion among the best minds from the corporate world on 'accelerating India'. With the onset of the pandemic, India Inc was exposed to uncertain times, but the tide is shifting now - all thanks to the private enterprise for driving innovation, bringing in investment and ensuring wealth creation, which cannot be understated. Keeping in view this, panellists will ponder upon 'how to strengthen and catalyze the private sector?' 'The Future Is Digital' The panel on 'The future is digital' at Republic’s ‘India Economic Summit 2021’ will discuss the perks of going digital for India as a country. As a Nation with 825.30 million internet users, as a Nation recording 25.5 billion real-time online transactions, and as the nation whose consumer digital economy is pegged to touch $800 billion by 2030 - for India, digital is pivotal, and the same will be pondered upon by the panellists. They through their discussions will answer, 'How digital game is the key to becoming a global power?' 'The Unicorn Race' The panel on 'The Unicorn Race' at Republic’s ‘India Economic Summit 2021’ will see an in-depth discussion among the best minds from the business world on India's entrepreneurial ambition. India has the third-largest number of unicorns, with 30 new unicorns added recently. . Keeping in view this, panellists will ponder upon 'how to keep up the momentum in the entrepreneurial race, and benefit India in the world platform?' 'The Green Mobility Shift' The panel on 'The Green Mobility Shift' at Republic’s ‘India Economic Summit 2021' ’ will discuss the need for sustainability now and in the future. India has set itself the goal of reaching carbon neutrality by 2070. The Government has set a target of 30% EV cars penetration by 2030. EVs are set to transform global road transport, and India will be a colossal market. This is just one initiative, there are several others that will be discussed by the panel with the main focus on the question 'How to rebuild India for a green future?'

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Republic India Economic Summit: Editor-in-Chief Arnab Goswami shares key takeaways

Republic's ‘India Economic Summit 2021’ puts the spotlight on the Indian economy, the journey ahead, the scope, and the roadmap for India.