WE ARE AT THE CUSP OF AN ECONOMIC REVOLUTION

India has exhibited its prowess as being one of the most innovative nations worldwide with several initiatives during and after the pandemic, says Shailender Kumar, SVP and Regional Managing Director, Oracle India and NetSuite Asia Pacific and Japan.

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What are your thoughts on techceleration (technological acceleration) that took place during the pandemic, and India being on a path to becoming a tech and W economic superpower by 2047?

We live in a 'techade', and the world is watching how India is pacing ahead with its digital transformation. During the pandemic, we were faced with an economic and humanitarian crisis that seemed unimaginable. It made us realize the extreme importance of embracing technology, quickly - for smooth functioning of business and general well-being. Today, we are at the cusp of an economic revolution - look at the pace and scale at which digitization is moving ahead in India. Among the world's nations, India has emerged as a growing economy. Technology is continuously evolving, and that offers radically new growth opportunities for businesses to re-invent. This directly impacts and contributes to economic development.