BQ Prime Future Today Summit: A Peek Into India's Most Promising Opportunities
BQ Prime Future Today Summit: A sneak peek into what's in store.
The world is bracing for a slowdown, with several major economies on the precipice of a recession. The tightening of monetary policy and the prolonged war in Europe are being seen as major dampeners for growth in most of the world. But India is widely expected to remain resilient and withstand the impact of a slowing global economy.
In fact, several key industries in India are tipped to witness a tremendous phase of growth—especially those that are seeing rapid transformation, either on account of policy or because of changing trends and consumer behaviour.
At its Future Today Summit, BQ Prime explores the potential of these key sectors. The sharpest minds of the industry will discuss themes like mobility, defence manufacturing, energy and power generation as well as digital commerce.
Here’s a sneak peek into what’s in store:
The India Decade
The keynote conversation with Ridham Desai, managing director of Morgan Stanley India, will focus on the challenges the nation must face and the opportunities it must take advantage of to live up to its potential as the fastest-growing economy in the world.
The automotive and mobility industry was among the worst hit by the pandemic, particularly on account of the semiconductor crisis. Two years after the onset of the pandemic, however, the sector has bounced back and some transformational trends have emerged, not least of which is the push towards electric mobility.
Ravi Pandit, founder and group chairman of KPIT Technologies Ltd., discusses the future of mobility—not just on the ground but also in the air.
The New Defence Order
Self-reliance is the biggest theme playing out in the defence sector in India. The Defence Ministry, which had over 65% of its military purchases sourced domestically in the financial year ended March, has now earmarked close to Rs 84,600 crore for purchasing locally manufactured weapons and systems this year.
Munjal Shah, managing director of Paras Defence and Space Technologies Ltd.; and Rajinder Singh Bhatia, president of defence at the Kalyani Group will outline the key opportunities for Indian manufacturers.
The Big Unbundling
The Open Network for Digital Commerce or ONDC is the new buzzword in the bylanes of India’s tech capital Bengaluru. On paper, it is set to transform India’s digital commerce landscape, providing better opportunities to the small retailers and to micro, small and medium enterprises.
But some have cautioned that the government may find this project a tougher nut to crack than the digital payments revolution it undertook a few years back.
Shireesh Joshi, chief business officer and president of ONDC, will break down what’s at stake.
The Power Paradigm
India’s energy space is already evolving. Now, more than 25% of its installed capacity is from renewable energy sources. But, for India to achieve its ambitions it must also depend on traditional sources of power.
It needs to make major policy and regulatory changes to improve the efficiency of the grid and bring power to individuals and industries that need it the most.
Praveer Sinha, managing director and chief executive officer of Tata Power Co.; and Prashant Jain, chief executive officer of JSW Energy Ltd., outline the key challenges and the major steps that must be taken.
Watch this event on YouTube and DailyHunt.