Global Schools to set up AI and quantum centre
Young entrepreneurs and innovators are emerging as growing pillars of one of the fast-growing economies in the world as investors continue to show increasing confidence in India, experts at an international conference say.
“We see a lot of young innovators and new companies coming up in the country,” said Dr Frank-Jurgen Richter, Founder and Chairman of the Horasis of Switzerland, which hosted an international investor conference in Singapore on Dec 15-16.
“India is the next global growth engine as investors continue to show confidence in the country,” Dr Richter underlined after hosting the two-day conference which shared insights and potential of doing business in the Indian market.
“I see a new generation of entrepreneurs and wealth creators as people find that wealth can be made by starting small businesses,” elaborated Lt. Gen (Retd) Sudhir Sharma, chairman of the MitKat Advisory Services Pvt Ltd of India.
“A lot of people want to start a business and the momentum that these people generate helps in doing ease of business,” he said at the conference.
“So, the momentum of the young generation, which is pushing for entrepreneurship, is pushing the ease of doing business in a manner that is opening up more and more doors,” said Sharma who joined the private sector after serving in the armed forces.
Global Schools Group founder and chairman Atul Temurnikar added, “India has the biggest opportunities to help companies design and apply AI to achieve scale and significant disruption. We believe young innovators, from school age, will join the transformation happening with AI.”
To support this AI journey, Global Schools is setting up a centre of AI and quantum, and plans to send 30 students, including from its Indian schools, to the Silicon Valley-based companies for real projects.
Entrepreneur and Co-founder of Yellow Sapphire Technologies Anuuj Chauhan believes that the time has come for India’s young innovators to develop innovations such as an Indian-origin Artificial Intelligent and platforms to be among the global communication heavyweights.
“It is time to move away from providing services and being an IT software company to be among leaders in global platforms that matches the Western world creation such as X (formerly twitter),” he said, calling on fellow entrepreneurs in the country to take the lead in building world-class networks.
Unified Payment Interface (UPI) was one such example cited by delegates at the conference that have become an online payment global tool from India.
Overall, experts agreed that India will have to set its own pace for growth though it is important the economic development should be accelerated in view of the increasing competition from emerging economies like Vietnam and the continuously expanding trade by China’s massive manufacturing base.
The conference, co-hosted by Global Schools Group and Confederation of Indian Industry at the One World International School Digital Campus here, was attended by more than 250 delegates, held 20 dialogue sessions, and 5 plenary sessions. Fiinews.com
