Entrepreneurs believe next decade belongs to India

ANI  |  Davos [Switzerland] 

Indian entrepreneurs at the (WEF) annual meeting expressed delight over Narendra Modi's address at the plenary session, here in

Talking to ANI, and owner, SpiceJet, Ajay Singh, said that PM Modi has 'walked the talk'.

"Modi spoke about a new India, which was about Digital India, importance of big data, (AI). He has definitely walked the talk," Singh said.

"Largely he mentioned the Goods and Services Tax (GST), a reform which has been in the works for the longest time but has been implemented by this government. He spoke about how demonetisation has helped.

This government is not scared to adopt large reforms," Singh concluded.

Meanwhile, CEO and co-founder, Paytm, was confident that the next decade belongs to

"The next decade belongs to Technology, financial reforms, transparency; has never had a better government than the one in power," Sharma told ANI.

Managing Director, Dalmia Bharat Group, also lauded the reforms undertaken by Modi-led government.

"I think it was a very statesman like speech. The has shown that has the potential to articulate solutions to the problems that the world is facing. has a which can be a model," Dalmiya told ANI.

Earlier, Narendra Modi, while delivering the keynote address, said that data is the real wealth.

"Today, data is a real wealth and it is being said that whoever acquires and controls the data will have hegemony in the future. The global flow of data is creating big opportunities as well as challenges," Modi had said.

He added that technology-driven transformation has been deeply affecting people's way of thinking, working, international groups, politics, and economy.

He made this remark while underlining the importance of technology in today's era.

Talking about social media, Modi said, "The example of breaking, addition, and twisting of technology is being seen in the form of "

"The balance of economic strength and political power is changing due to new changes and new powers," Modi concluded.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 24 2018. 05:30 IST