NEW DELHI: IDFC First Bank MD and CEO V Vaidyanathan has stated digital infrastructure can have a transformative influence on leaders of tomorrow.
“The impact cannot be overstated. With digital connectivity, including Aadhaar and Bharat’s optic network, India has achieved a remarkable feat, formalising the economy, notably for MSMEs. Over 100 million merchants now deal digitally through QR codes, facilitating trade and enabling micro-businesses.The optimistic MSME outlook stems from collective efforts of government, RBI, and banks, coupled with robust asset quality, digitisation, and ongoing infrastructure investments, empowering micro-entrepreneurs in India,” Vaidyanathan stated on the ET Now Leaders of Tomorrow Awards on Friday.
At the occasion, commerce and business minister Piyush Goyal stated that an American fund home is wanting to make investments round $50 billion in India within the subsequent 10 years, which is a mirrored image of the nation’s sturdy macroeconomic fundamentals. The fund home has to this point invested round $13 billion within the nation. The feedback got here on a day the minister met Henry R Kravis, co-founder and co-executive chairman of KKR. TOI had reported Goyal’s speech on Saturday.
Swarup Bose of Celsius Logistics Solutions was awarded Entrepreneur of the Year, whereas Mohammad Hamza of Engineering and Environmental Solutions bagged the award for the Young Entrepreneur of the Year. Jayashree Nair gained the award for the Woman Entrepreneur of the Year (the complete record of awardees is on the market on timesofindia.com).
Marico chairman Harsh Mariwala and Salesforce India chairperson and CEO Arundhati Bhattacharya had been among the many jury members.
“The impact cannot be overstated. With digital connectivity, including Aadhaar and Bharat’s optic network, India has achieved a remarkable feat, formalising the economy, notably for MSMEs. Over 100 million merchants now deal digitally through QR codes, facilitating trade and enabling micro-businesses.The optimistic MSME outlook stems from collective efforts of government, RBI, and banks, coupled with robust asset quality, digitisation, and ongoing infrastructure investments, empowering micro-entrepreneurs in India,” Vaidyanathan stated on the ET Now Leaders of Tomorrow Awards on Friday.
At the occasion, commerce and business minister Piyush Goyal stated that an American fund home is wanting to make investments round $50 billion in India within the subsequent 10 years, which is a mirrored image of the nation’s sturdy macroeconomic fundamentals. The fund home has to this point invested round $13 billion within the nation. The feedback got here on a day the minister met Henry R Kravis, co-founder and co-executive chairman of KKR. TOI had reported Goyal’s speech on Saturday.
Swarup Bose of Celsius Logistics Solutions was awarded Entrepreneur of the Year, whereas Mohammad Hamza of Engineering and Environmental Solutions bagged the award for the Young Entrepreneur of the Year. Jayashree Nair gained the award for the Woman Entrepreneur of the Year (the complete record of awardees is on the market on timesofindia.com).
Marico chairman Harsh Mariwala and Salesforce India chairperson and CEO Arundhati Bhattacharya had been among the many jury members.
