Stable policy environment, reforms driving India’s growth: CG in Shanghai

Key Highlights

• Mathur also spoke about India’s Global South-oriented, people-centric, and inclusive AI policies, such as Bhashini, which have boosted the nation’s ability to foster the world’s largest startup ecosystem, with over 100,000 startups.
• The government’s Bhashini AI platform allows translation of text, numbers, voice, images, and videos in a secure cloud environment.
• The consul general added that in the process, India also ensured growth of unicorns in fintech, deep-tech, green technology and other new and emerging sectors.
• In the interactive Q&A session which followed with a full-house audience of 400-500 investors and partners, Mathur spoke on the systemic reforms being undertaken in India in a variety of sectors such as manufacturing, connectivity, taxation, and corporate governance.
• He also talked about the liberalised foreign direct investment (FDI) norms allowing 100 per cent FDI in multiple sectors.