Saturday 29 April 2017

To grow rapidly, India needs to embrace digitisation

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Digitization is the future of the manufacturing market and India needs to embrace this change if it wants to grow rapidly, NITI Aayog CEO Amitabh Kant said on Friday. At the Confederation of Indian Industry's Annual Session, Kant said while it took 150 years for Britain to double its per capita income, China did it in just 12 years "on the back of manufacturing". "My view is that if India wants to grow rapidly - and create jobs rapidly - it can't be done without the manufacturing sector," Kant said manufacturing itself was going through a huge process of digitization and India needed to embrace this change.

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