ET NOW, India’s premier English business news channel, marked its 15th anniversary by hosting the ET NOW Leadership Dialogues 2024 in Mumbai today. The event brought together eminent industry leaders, policymakers, and economic experts to chart a visionary path toward India’s ambitious goal of achieving a $10 trillion economy by 2030.
Themed ‘India@2030’, the inaugural edition of ET NOW Leadership Dialogues 2024 focused on pivotal discussions encompassing economic policy, financial regulation, and strategic initiatives crucial for steering India’s growth trajectory. The event underscored the exponential rise in Indian retail investments, burgeoning profitability, and identification of high-growth opportunities, alongside pioneering funding mechanisms for Viksit Bharat and fortifying the resilience of India’s stock market, the channel said in a press release.
Keynote speaker Shaktikanta Das, Governor of the Reserve Bank of India, highlighted India’s economic optimism, projecting a robust 7.2 percent GDP growth for 2024-25. Emphasizing the rural resurgence and buoyant service exports, Das acknowledged challenges in managing inflation amidst global uncertainties and supply-side pressures. He reaffirmed the RBI’s commitment to financial stability through prudent policies and innovation-driven growth.
Dinesh Khara, Chairman of the State Bank of India, anticipated robust growth averaging 15-17 percent over the next three years. He underscored SBI’s strategic focus on sustainable expansion and capital fortification, aiming for a 1.10 percent return on assets (ROA) amidst evolving market dynamics.
Ashishkumar Chauhan, MD & CEO of the National Stock Exchange (NSE), reflected on India’s capital market evolution, highlighting its exponential growth from Rs 4 lakh crore to Rs 430 lakh crore in market capitalization over three decades. He attributed India’s economic confidence to technological innovation and regulatory integrity, positioning NSE as a key player in India’s wealth creation journey.
Delivering the welcome address, N Subramanian, Executive Director & Group CEO (Non-Publishing), Times Group, underscored ET NOW’s pivotal role in championing India’s growth narrative and fostering financial inclusion through informed decision-making.
ET NOW Leadership Dialogues 2024 concluded with a resolute commitment to navigate India towards economic resilience, innovation-led growth, and inclusive prosperity, setting the stage for transformative reforms and collaborative action.
As India gears up for the challenges and opportunities of the coming decade, ET NOW remains committed to shaping and influencing the nation’s economic landscape through insightful dialogue and strategic foresight.