From SUNSET To SUNRISE Areas Of Growth:Panchantantra Areas for 2021
India has already unleashed bold and transformational reforms which will bolster our efforts in becoming a global champion and the manufacturing hub of the world. The production linked incentive schemes, reforms in labour laws, GST, corporate tax rationalization and an overall ease in doing business will give a fillip to India’s growth. India must seize the opportunity in sunrise areas of growth - this would require size, scale, speed of action and a focus on technological disruption. India’s ability to lead and globally drive these sunrise sectors of growth holds the key to our sustained growth, advancement and job creation. Mobility : · Mobility is causing the biggest disruption of today. USA already has over 900 cars per 1000 persons while Europe has over 800. In contrast, India has only around 20 cars per thousand people. · This presents a unique opportunity--our low share of ...