Rajan and Economist Rohit Lamba argue that India needs to overcome the ‘China fetish’ and carve a niche where its competency lies rather than vying for a pace in low-skilled manufacturing.
The artificial intelligence (AI) market in India has the potential to touch $7.8 billion by 2025 at a compound annual growth rate (CAGR) of 20.2%, as per a UNESCO report.
Education, unfortunately, has never been seen as a key to India's economic growth. If India is indeed serious about forging a robust economic growth, this mindset needs to change.