logo
AI is a generational shift, with impact far greater than internet: Sunil Mittal

AI is a generational shift, with impact far greater than internet: Sunil Mittal

Time of India30-05-2025
Artificial intelligence
is a generational shift, with its impact far greater than the internet, that touches almost every aspect of our lives, said
Sunil Bharti Mittal
, chairman,
Bharti Enterprises
.
Speaking at the
CII Annual Business Summit 2025
, the former
CII
president said a significant impact of AI in India is its effect on employment, particularly given India's large, young workforce.
Mittal said AI will create difficulties in areas like software engineering, noting that now even a layman can speak to a machine to write code.
'India has the largest workforce, the youngest developing in the world. There are 20 million children in the age group six to sixteen. In ten year's time, they will be sixteen to twenty-six, each wanting a job. AI will create difficulties in that area. Some parts are clearly visible today,' Mittal said.
However, Mittal said AI will also create new opportunities and more jobs. 'Using AI will become absolutely important for everyone, especially in emerging countries like India,' the executive said.
Mittal said that while Indian industry is committed to national progress, an enabling environment from the government is essential to remove bottlenecks and accelerate India's development journey.
He presented an industry wish list to the government, including key asks on Ease of Doing Business, GST reforms, and corporate taxation.
Mittal highlighted the demographic advantage India holds as other developed nations ages and immigration barriers rise.
'Industry and academia must go beyond surface-level collaboration and jointly build a globally competitive, job-ready workforce. Emerging fields such as AI, green energy, space communication, and next-gen telecom demand urgent attention,' he said.
Mittal also expressed concern over India spending less than 1% of its GDP on research and development, asking the industry to step up and invest aggressively in deep tech and innovation.
'Our large domestic market gives us scale, but we need intellectual leadership too. Only then can the government scale its R&D efforts with confidence,' Mittal said.
The executive also called for a trade reset, advocating for a fundamental shift in India's approach to trade and exports.
'We must diversify our export basket and focus on products and services that are needed globally. No raw material should leave our shores without value addition,' Mittal said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla Model Y bookings open in India for Rs 22,220; here's all you need to know
Tesla Model Y bookings open in India for Rs 22,220; here's all you need to know

Time of India

time28 minutes ago

  • Time of India

Tesla Model Y bookings open in India for Rs 22,220; here's all you need to know

Tesla has finally arrived in India and has officially opened online reservations for its highly anticipated Model Y SUV in the country. Tesla fans and car enthusiasts who have been waiting for a long time can now book the Model Y. The electric luxury SUV is now available for booking across India at just Rs 22220. Let's explore its price, available variants, key features, and the steps to reserve one. Tesla's entry into India gets a boost After years of speculations and anticipations, Tesla is finally taking concrete steps to enter the Indian market. The Model Y is a sleek, all-electric compact SUV known for its impressive range, cutting-edge technology, and stellar performance. The base price of the car is Rs 59.89 lakh (ex-showroom), which is a premium choice among EV customers. Along with this, there are two variants of it in India right now: Rear Wheel Drive (RWD) Long Range RWD Why is Model Y a game-changer for India? Range and performance: The Model Y offers an impressive WLTP driving range of 500 km on a full charge, perfect for India's urban and semi-urban commuting needs. It also accelerates from 0 to 100 km per hour in as little as 5.9 seconds (in Performance variants). The Long Range RWD goes an extra mile with a range of 622 km and accelerates from 0 to 100 km/h in 5.6 seconds. As well as its top speed is 201 km/h, further making it premium-oriented. Cutting-edge technology: Tesla's renowned Autopilot system, minimalist interior design, and large touchscreen infotainment system redefine the driving experience. Sustainability: With rising environmental concerns and the government's push for electric mobility, the Model Y aligns best with India's green vision. According to Times Bull, customers can avail of this self-driving technology for an extra cost of Rs 6 lakh. New Model Y is gorgeous Tesla's priority delivery locations Currently, Tesla has announced that the deliveries will start in Phase 1 with priority cities including Mumbai, Pune, Delhi, and Gurugram. The other cities will receive deliveries in the second phase. Ways to book the Model Y in India As the online bookings are now live on Tesla's official website. Byers must complete payment in two steps: First, they need to reserve the car with a non-refundable Rs 22,220. Second, a non-refundable Rs 300,000 within seven days. Both prices include TCS (Tax Collected at Source). Note: Please note that the booking amount is non-refundable in case of cancellation. FAQs Q. Will Tesla begin right-hand drive manufacturing in India? Currently, the Model Y of Tesla cars is imported from Germany and Shanghai; there are no local manufacturing plans confirmed yet. Q. What's the deal with full self-driving (FSD) in India? FSD is offered as an optional Rs 6 lakh upgrade, but several advanced features, such as auto lane change, still await regulatory approval.

India needs another FTA - Fugitive Transfer Agreement from UK: Cong
India needs another FTA - Fugitive Transfer Agreement from UK: Cong

Business Standard

time28 minutes ago

  • Business Standard

India needs another FTA - Fugitive Transfer Agreement from UK: Cong

The Congress on Thursday took a swipe at the Modi government ahead of the signing of the India-UK free trade agreement, saying what India needs from that country is the announcement of another and more effective FTA - Fugitive Transfer Agreement. Congress general secretary in-charge communications Jairam Ramesh said, "three stars of the Modi Model of bhagodanomics are still waiting for their ghar wapsi -? Vijay Mallya, Nirav Modi, and Lalit may well be others too." "The India-UK FTA (Free Trade Agreement) will be signed today in London in the presence of Prime Minister Modi. What India needs from the UK is the announcement of another and more effective FTA (Fugitive Transfer Agreement)," Ramesh said on X. The India-UK FTA, billed as the UK's most economically significant bilateral trade deal since leaving the European Union, will be signed in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. The two prime ministers will also unveil an "UK-India Vision 2035" to take their partnership to new heights in a time of rapid global change. With the India-UK FTA to be signed during Prime Minister Modi's visit to Britain, the Congress on Wednesday had claimed that serious questions have emerged on its impact on India's domestic industry. In May, India and the UK sealed the FTA that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India besides boosting the overall trade basket. The trade deal, firmed up after three years of negotiations, is expected to ensure comprehensive market access for Indian goods across all sectors and India will gain from tariff elimination on about 99 per cent of tariff lines (product categories) covering almost 100 per cent of the trade values, according to officials. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Australia: Racist attack targets Hindu temple and Asian-owned restaurants, ‘Go Home Brown…'
Australia: Racist attack targets Hindu temple and Asian-owned restaurants, ‘Go Home Brown…'

Mint

time28 minutes ago

  • Mint

Australia: Racist attack targets Hindu temple and Asian-owned restaurants, ‘Go Home Brown…'

Swaminarayan temple in Boronia, a suburb in eastern Melbourne, was vandalised with hateful and racist messages, according to a report by Australia Today on Thursday. The report said that the Shree Swaminarayan Temple on Wadhurst Drive was targeted with red-painted slurs, including one that said, "Go Home Brown C**t." Two nearby restaurants run by Asians were also defaced with the same message. Police have launched a probe into the incident, "Police are investigating following reports of graffiti in Bayswater and Boronia on 21 July... There is absolutely no place at all in our society for hate-based and racist behaviour." Expressing shock over the incident, President of the Hindu Council of Australia, Victoria chapter, Makrand Bhagwat, told Australia Today said, 'Our temple is meant to be a sanctuary of peace, devotion and unity' Noting that the temple, which hosts daily prayers, community meals and cultural festivals, draws congregants from across Melbourne's Indian diaspora, he added, "To have it targeted in this way feels like an attack on our identity, our right to worship and freedom of religion." According to Australian news outlet, while Victoria's Premier Jacinta Allan is yet to publicly condemn the vandalism at the Temple, however, her office has sent a private message to the Temple management. In her statement Allan said as cited by The Australia Today, "The Shree Swaminarayan Temple is so much more than a place of worship - it's a place of warmth and community... What happened this week was hateful, racist and deeply disturbing. It wasn't just vandalism - it was a deliberate act of hate, designed to intimidate, isolate, and spread fear." Her statement also said, "It was an attack on your right to feel safe and to belong, and on the values that bind us together. There's no place for it anywhere in Victoria. And it must be called out for what it is. Jackson Taylor raised this with me directly. He is a strong voice for your community, and I want you to know that we both stand with you. I'm advised that Victoria Police are taking this matter seriously, as they should. Soon, the Minister for Multicultural Affairs will visit the Shree Swaminarayan Temple to offer the support of our Government, and to listen to you and your community directly." The letter further said that "No community should ever have to endure something like this, but in speaking out, you've shown an enormous amount of strength and dignity... You carry with you the full support of our government. We stand beside you, with respect and unwavering support."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store