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India needs to get into cutting edge tech to boost exports: Amitabh Kant – Financial News Live

India needs to get into cutting edge tech to boost exports: Amitabh Kant

India needs to get into cutting edge tech to boost exports: Amitabh Kant

India now needs to get into cutting edge technology to boost exports which wil

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India now needs to get into cutting edge technology to boost exports which will benefit sectors like telecom, automobiles, battery storage devices and solar energy, CEO said on Tuesday.


Kant, speaking at the launch event for CII’s report ‘Foreign Trade & Investment in India: Unlocking Key Opportunities through Strategic Reforms’, further said the country is at the cusp of a transformation.



“India now needs to get into cutting edge technology in order to boost its exports.


“… sectors such as telecom, automobiles, battery storage devices, and solar energy, among others, would benefit from technology exports,” industry body CII said in a statement quoting Kant.


Kant also pointed out that reforms that have been implemented post the pandemic would go a long way in facilitating this process.


“Thanks to the reforms process in India, key indicators such as GDP, FDI and trade have risen sharply,” he said, adding that India has became a favoured destination for global…



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