It must build AI systems built on domestic datasets that don't have biases of the West, he says
Indians must work hard to achieve the ambitious target of making India a USD 30 trillion economy by 2047, former Niti Aayog CEO Amitabh Kant has said. Joining the ongoing debate on working hours, India's G20 Sherpa said Japan, South Korea and China have achieved economic success through a strong work ethic and suggested that India must cultivate a similar mindset to build a world-class economy. "I strongly believe in hard work. Indians must work hard, whether it's 80 hours or 90 hours a week. If your ambition is to move from a USD 4 trillion to a USD 30 trillion economy, you can't do it through entertainment or by following the views of some film stars," he said while speaking at Business Standard's Manthan summit. Currently, the size of the Indian economy is around USD 4 trillion. "We have made it fashionable to talk about not working hard. Why? India must work hard to deliver projects ahead of time, with world-class excellence, without time and cost overruns," he added. Respondi
India's G20 Sherpa Amitabh Kant shares his insights on the 90-hour work week vs work-life balance debate at BS Manthan
Private sector growth will fuel PM's Viksit Bharat vision: India's G20 Sherpa
India's G20 Sherpa Amitabh Kant speaks on India's potential to become a global champion in two- and three-wheeler EV market at BS Manthan
Tesla will find it hard to compete with Tata, Mahindra EVs: Amitabh Kant
Experts discuss India's growth, global trade shifts, climate action, EVs, defence, and more
BS Manthan: Business Standard's flagship thought leadership summit returns on February 27-28, themed 'India and the Great Reset'
Addressing the event, MoSPI secretary Saurabh Garg also emphasised on the work being done by the ministry on making district-level estimates available
According to the International Monetary Fund (IMF), 75-80 per cent of the world's growth this year will come from the Global South, with India and Indonesia at the forefront of this surge
Kant describes with ill-concealed glee how slack-jawed reporters reacted when a joint communique was indeed accepted as the New Delhi declaration of the G20
India's G20 Sherpa Amitabh Kant on Friday said the country needs to become a global champion in sunrise sectors to achieve the target of becoming a developed nation and USD 32 trillion economy by 2047. Addressing the 'Bharat Climate Forum 2025', Kant further said the US, Europe and India have lost the art of manufacturing, and this will have huge implications for the global economy. "My belief is that without India becoming a global champion in sunrise sectors, we would not be able to achieve the target of becoming a developed nation by 2047, we will never be able to become a USD 32 trillion economy," he said. Kant pointed out that in solar panel manufacturing, Indian industries are 5-7 years behind the curve. Noting that India's industry is persistently focusing on fossil fuel vehicles, he said, "If you do not become a manufacturer of electric vehicles (EVs), then you will lose the EV market globally". The former Niti Aayog CEO said if India does not make a major radical shift ..
India's circular economy could generate a market value of over USD 2 trillion and create 10 million jobs by 2050, the country's G20 Sherpa Amitabh Kant said Monday. Addressing an event here, Kant further said the circular economy can be a driver of growth, and this transition not only promises cost savings but also positions India to capitalise on the global circular economy market. "This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over USD 2 trillion and create close to 10 million jobs," he said. Currently, the size of the Indian economy is USD 3.7 trillion. Noting that industrialisation and urbanisation are creating an unsustainable India, Kant said, "We need circular economy as a beacon of hope". The country's natural resources are depleted at an unsustainable pace, generating massive amounts of waste. While pointing out that India is generating about close to 1.6 lakh tonnes of municipal solid waste per day, he said this .
Kant noted that the New Delhi declaration was progressive and was focused on the visions of PM Modi
Bibek Debroy's insights into economics shaped policy and inspired many, said India's G20 sherpa Amitabh Kant in his condolence message on Friday. Debroy (69), who was the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), died on Friday morning. "I'm deeply saddened by the passing of Bibek Debroy. His insights into economics shaped policy and inspired many. He was a brilliant mind, and an incredibly kind soul who genuinely cared for the betterment of society," Kant said in a post on X. Kant further said he fondly remember working with Debroy and being struck by his patience, and ability to articulate complex issues with unmatched clarity. "You will be dearly missed Bibek. We have lost one of India's brightest minds today," he said. Debroy was an alumnus of Ramakrishna Mission School, Narendrapur and Presidency College, Kolkata. He studied in Delhi School of Economics and then went to Trinity College, Cambridge. Former NITI Aayog vice chairman Rajiv Kumar ..
India should aim for 750 gigawatts of renewable energy capacity and become a clean energy exporter by 2030, former NITI Aayog CEO Amitabh Kant said on Monday. At a roundtable discussion here, Kant said that there is no shortage of global funds for clean energy, but India needs to establish strong financial systems, such as escrow accounts, to attract private investments for renewable projects. He emphasized that it is "very important that India is able to drive its own agenda" amid multiple global crises, including the Russia-Ukraine war, West Asia conflicts, and trade barriers from countries like the US and Europe, which are affecting free trade and renewable energy prices. "And the Indian agenda must be very clear -- we are an importer of fossil fuels worth USD 180 billion, and our goal must be to become an exporter of clean energy... Our objective must be to surpass 500 gigawatts and reach 750 gigawatts of renewable energy," Kant said. India has committed to achieving 500 GW of
India's G20 Sherpa called for opening doors to non-sovereign or private players to deploy technology for improved court management
India will be driving 20 per cent of the world's economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. Speaking at the AIMA convention here, he noted that India continues to be the fastest-growing large economy in the world and is the fifth-largest economy. "In the next three years, we will overtake Japan and Germany to be the third largest economy in the world. In a world which is starved for growth, India is an outlier and has emerged as a very resilient powerhouse driving growth," he stated. The country will be driving 20 per cent of the world's economic growth in the next decade, he added. "What we are witnessing today is a once-in-a-generation shift in our economic position. Just a few years back, we were in the fragile five, and from the fragile five, we moved to the top five in a decade," Kant said. He noted that the country needs to transform the lives of people living in rural areas
The German firm launched its top-end Maybach EQS 680 SUV, the first electric Maybach car to be launched in India
Major car makers such as Maruti Suzuki India and Toyota Kirloskar Motor have been asking for lowering of taxes on hybrid cars