While the whole world is battling COVID 19, massive efforts are being made at all levels to ensure minimal repercussions on the economy and education. To enlighten young innovators and entrepreneurs during these testing times, a live session with Sh. Deepak Bagla, Managing Director and CEO, Invest India (National Investment Promotion & Facilitation Agency), Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, GoI was organized today at Manav Rachna Educational Institutions MREI) on the topic: ‘Investment Landscape in India: Opportunities & Challenges for Enterprising Youth amidst COVID-19’.
Sh. Deepak Bagla is a globally acclaimed expert whose wisdom transcends several continents in the domain of Investment Banking and Venture Capital Investment. Dr. Prashant Bhalla (President, MREI); Dr. Amit Bhalla (Vice President, MREI); Dr. Sanjay Srivastava (MD, MREI), Dr. Monika Goel, Director, Faculty of Commerce & Business, MRIRIS along with many young entrepreneurs were present on the occasion.
Sharing details on the preparedness and acumen of Indians to deal with Covid 19, Deepka Bagla said: “Indians are extremely adept and have a quick turnaround time. On March 30, we did not have a single PPE in India and today we make around 4.5 lakh PPEs per day. Indians are now exporting these to other countries. We have more than 50,000 ventilators and all the things we need to fight back”.
While answering questions put forth by students, he further added: “Technology has changed the value proposition in the entire business chain. All the intermediaries in businesses are getting disrupted which in turn has shortened the job lifecycles in the future. No longer are businesses going to be looking for employees who have the answers. Knowledge is not at a premium anymore. Businesses are looking for people who know how to ask the right questions. It is your ability to get to that answer within the shortest period of time.”
He encouraged students to upgrade themselves and sieve through available information across domains as this information shall empower them to put the right questions. Information will have to be 360 degrees. The more exposure you have to multiple domains, the better you will understand.