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Home Investment

Industry told to adjust to people working from homes

Fiinews by Fiinews
January 25, 2021
in Investment, Technology
Reading Time: 2 mins read
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Doval urges businesses and trade to change fast

An estimated 600 million people will be living and operating from homes by 2030 which calls for new urban complexes to ensure that the industrial economy adjusts to residential centres while Indian companies will have to remain a step ahead by adopting to a change faster than others.

Stating this, National Security Advisor Ajit Doval pointed out that businesses and trade in India will have to learn to change faster than the change itself if they want to succeed.

“By 2030, 600 million people will be living and operating from their homes. The new urban complexes will have to ensure that the industrial economy from residential centers can adjust,” Doval said at the Swami Vivekanand Memorial Lecture 2021 organized by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on 23 Jan 2021.

“Also, many people are moving back to the villages. Can we ensure that these villages are developed into new hubs for economic activity? Can they be equipped with better connectivity and infrastructure,” Doval elaborated.

The most enduring message of COVID-19 is that only the well-being of all will ensure our survival. “Those who have funds and are better off should expand their outlook so that it touches the lives of everyone. This is what Swami Vivekanand also said, that if you want to find God, you need to serve man,” he pointed out.

India, besides geographical proximity to many markets, has many natural advantages. “As a geostrategic environment, India’s growing multi-sectoral cooperation with the Middle East (markets) will provide several opportunities in the fields of infrastructure, tourism, and establishing a third country joint venture,” he said.

The multitudes of reforms, brought by the government, will benefit in the long run, he pointed out, adding that ‘Atmanirbhar Bharat’ is a new window of opportunity for India. But “we have to become global leaders in the future. (Therefore,) let us all join hands and build a new and strong India,” he stressed. #technology #trade #business #markets #investment #projects /fiinews.com

Tags: ASSOCHAM
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