The Confederation of Indian Industry (CII) hosted the Indian Young Entrepreneurs’ Summit at Taj Vivanta in Bangalore on 11 March 2017. Indu Krishnaswamy from Bridge Tank participated in the summit which this year was themed: ‘Disrupting or how to transform practices and the world’.
Entrepreneurs, government officials and directors of innovation departments of large companies shared practical advice to the audience largely composed of students and young entrepreneurs. The discussions focused on the ‘digitalisation’ of India, driven by the government and the private sector, and the effects of the resulting disruption on traditional industries in India.
The summit highlighted portal-led initiatives for economic and social transformation – from the government-led UID initiative to the Aadhaar card and new payment methods such as Ezetap. The other important point that was raised was the changing ambitions and mindset of India’s IT industries, and the Indian entrepreneurial ecosystem in general. Indeed, the Indian ecosystem intends to transform its focus from service providers to creative companies whose aim is to develop original connected and intelligent products and revolutionise the infrastructure through connected devices to connect rural India to urban India. The passion, optimism and determination that flowed from the speakers’ speeches demonstrate a strong ambition to keep the digital revolution and disruptive innovation moving forward in India