New Delhi: Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19.
Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”
He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.
Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.
Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.
