NEW DELHI: India has become the envy of the world with developed economies setting its digital platforms as a benchmark for their own markets, Times Internet Vice Chairman Satyan Gajwani said on Tuesday.In his opening address at the Economic Times CEO Roundtable 2023 , Times Internet's Satyan Gajwani said that India has remained remarkably "stable, optimistic and exciting" even when economies and politics across the globe are "volatile". "There are real gains happening in the Indian economy right now. There's real economic growth, value creation in our markets and we also have a thriving startup ecosystem," he said.Citing World Bank's recent report which listed India as the second-fasting growing economy in the G20, Gajwani said that India's level of growth is significant considering its scale and size.He noted that India's economic prospects are particularly exciting due to its physical and digital infrastructure. "What we are seeing in India - the innovations, the transformations and the quality of talent India actually has, far exceeds any kind of global talent," Shetty said.Cred CEO Kunal Shah noted that innovations are now happening at a very fast rate where everyone is trying to outcompete and innovate. "We are in an ecosystem where the regulator perhaps innovates faster than fintechs themselves.

Source: Economic Times December 12, 2023 14:22 UTC