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Mukesh D. Ambani
MUMBAI
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Distinguished Guests,
Yours must be one of the most successful media startups in the world.
You have proved that Arnab Goswami, a professional entrepreneur, with purpose,
passion, sincerity and commitment backed by a talented team, can be successful in
this new India.
Dear Friends,
Digital Technologies have empowered the Praja in ways that have no precedence in
human history.
Before the advent of Digital Technologies, the so-called mass media was essentially
without the masses.
Now the masses have become both producers and owners of media.
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The new media model is ‘From Many to Many’ and ‘From Anywhere to
Everywhere’.
In other words, media in the digital age is “OF THE PEOPLE, BY THE PEOPLE, AND
FOR THE PEOPLE” in the true sense of the term.
And this trend will continue and become more mature in the future.
When Digital and Democracy work together, their combined power will produce a
prosperous India - a Dhanwan Bharat.
Friends,
I congratulate the inaugural Republic Summit for choosing ‘Surging India’ as its theme.
I can say with confidence that if there is one place in the world where the
transformative power of digitisation is breaking new ground every day, it is India.
In less than 24 months, India has taken a leadership position from being 155th in the
world in mobile data to number 1.
And the impact of this unprecedented growth can be seen across all digital domains.
Over the next two decades, I can confidently say – that India shall be leading the
world and shall contribute the next wave of global economic growth.
Friends,
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It started playing catch-up in the computer-driven Third Industrial Revolution.
I can say with confidence that India has a chance of not just participating in the
Fourth Industrial Revolution, but also leading it.
First, The India of today is remarkably different from the India of yesterday
The India of today is a very young nation – 63% of our 1.3 billion population are aged
below 35.
Just imagine the kind of connected intelligence India can create if the power of a
billion-plus minds is combined!
Our nation is more vibrant and ambitious than ever before on the back of its youthful
energy and enterprise.
Second, India is a democracy and is run on the model of equitable and inclusive
growth with a society-wide culture of empathy.
With a world-class digital infrastructure in place, each one of the 1.3 billion people of
India can now productively participate in the Fourth Industrial Revolution.
We can solve the biggest unsolved problems facing humanity right here in India.
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Most significantly, India has emerged as the fastest growing start-up base worldwide.
Today, the nation is home to the third largest number of technology-driven start-ups
in the world.
Friends,
How can India rise to its full potential, to its destined eminence?
There are five major areas, which India needs to focus on and embrace:
All Indians will have access to massive computing on the cloud, and access to all
information on the planet.
I am proud to say that, instead of a digital divide, India today is digitally united.
All 1.3 billion connected minds are going to accelerate the future.
Every single aspect of our lives – the way we earn our living, we entertain or conduct
our businesses – will undergo a massive transformation… not in 100 years…. not in
50 years… but within the next few decades.
Early adopters will have the opportunity to leap-frog competition, and create
unprecedented societal value.
Second, we need to adapt ourselves to the scorching pace of innovation and learn
to collaborate on scale.
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All the new technologies are accelerating in speed, rate and power.
You could be an expert in any one, but it's the convergence of two, three or four of
these that's transforming existing ways of working.
Which means, collaborations will become both a necessity and a requirement for
success.
You may have a brilliant idea that has the potential to disrupt an industry.
And in order to do that, you have to master the art of collaborating with your peers
anywhere in the world.
Now, it is both possible and necessary to reorient education for the new kinds of
productive and creative opportunities.
Schools should train students in ‘the four C-s’ – critical thinking, communication,
collaboration and creativity.
These are the skills required to build the foundation for a sustained leadership in the
digital age for India.
Within a single generation, we can empower and enrich our vast and young human
resources to give India a competitive edge in the world.
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And these very apprehensions could resist or delay digital transformation of our
societies.
India’s data must be controlled and owned by Indian people ─ and not by corporates,
especially global corporations.
The Supreme Court of India has mandated that data privacy is sacrosanct.
Therefore, for India to succeed in this data-driven revolution, necessary steps will have
to be taken to migrate the control and ownership of Indian data back to India ─ in other
words, Indian wealth back to India.
Friends,
Today, we have the opportunity to digitally reinvent all sectors of our economy – be it
financial services, commerce, manufacturing, agriculture, arts & crafts, education
and healthcare.
India can leapfrog competition and lead the world in each of these sectors.
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Today, our average farm yields are only about 20-30 % of the best global yields.
There is both a pressing need, and a golden opportunity, to create a digital green
revolution - an evergreen revolution.
I am sure that if we combine digital technology tools with the innate knowledge and
wisdom of Indian farmers, we can usher in an evergreen revolution.
But we need good quality education for all to make them a productive asset.
We need digital tools and innovations to break geographical, social, language and
economic barriers.
58,000 colleges, over 700 universities and 19 lakh schools in India will be digitally
connected, with Jio playing a leadership role.
Any student, even in a remote village, can have access to the best teachers and the
latest knowledge in the world.
AI-based smart assistants can bring personalised learning adapted to the needs of
each student.
And this can overcome the gaps and constraints of classroom education ----- like any
age, any time and any subject learning in any language.
The purpose is to ensure affordable and quality healthcare to all, which is both a
national necessity and a national responsibility.
For the first time in history, this has become possible because of digital technologies
– accessible even in remote locations.
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India can overcome these constraints by adopting digital tools and innovations.
As in education, the best doctors and best diagnostic facilities can become
accessible to all citizens anywhere in the country.
India can design a path-breaking and affordable healthcare system that will be a
model for the rest of the world.
Friends,
“India’s contribution towards the Fourth Industrial Revolution would leave the
world stunned.”
Across the world, the digital era is dispelling despair and bringing new hope.
I can safely predict that, from now on, every new generation of Indians will live a better,
longer and more-fulfilling life – than the previous generation.
India must embrace this digital fourth industrial revolution with a new mind-set to
create a bright and prosperous future for our nation.
And the goal cannot be achieved by any one person, one enterprise or by any single
government.
All of us – 1.3 billion Indians will have to work together with a single purpose to
realize this.
We must have a partnership among all sections of society to realize this potential in
the shortest possible time.
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Collectively, let us commit ourselves today to work together to make Surging India a
reality.
And may God bless us as we embark on this most exciting new era in India’s history.
Thank you
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