A Road Paved with Ambition

In the next 25 years, India has a wealth of opportunities to become a global leader

- BY KRIS GOPALAKRISHNAN

It is my belief that the next 25 years in India will be driven by emerging technologies and innovations. The opportunity for us is to look at every industry through the lens of how these technologies will transform them. Consequently, India has the opportunity to become a global leader in technologies and industries.

There is little to doubt that India will cross the $10-15 trillion-mark in terms of gross domestic product (GDP). We will need to leverage technology to create an economy that is equitable, sustainable, accessible, and inclusive. While we have made impressive gains in per capita income levels, there are still high and worrying levels of disparity. This is where new business creation becomes very important to raise the income levels of more Indians. To nurture entrepreneurship even more successfully, we need to create the right business environment, improve ease of doing business and provide easy access to risk capital.

We need to ensure that Indians benefit from entrepreneurial wealth creation to create a virtuous cycle that encourages more Indians to invest in new businesses. Entrepreneurs must be responsible to build trust and take up a meaningful role in nation building. This will pave the way for large-scale participation in entrepreneurship and venture investing.