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Kerala needs to lead technological revolution: Experts
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SME Times News Bureau | 23 Mar, 2018
Powered by a range of concrete technological innovations, Kerala needs
to leverage its full potential to lead a technological revolution in the
coming years, industry experts said here on Friday.
Kerala's
High Power IT Committee (HPIC) Chairman S.D. Shibulal, addressing a
session on 'Technology Disruption and Inclusion' at the two-day Global
Digital Summit - #FUTURE that ended here on Friday, said he would
re-imagine Kerala as a cashless society running on completely
sustainable energy with zero discharge waste in the coming years.
"These
aspirations are capable enough to create more innovations which will
create more opportunities, talents and capabilities. In years ahead,
there should be electric cars running on Kerala's roads."
Former
Reserve Bank of India Governor Raghuram Rajan said the country has to
embrace technology and become a leader in the digital transformation
taking place around the globe without being bogged down by unfounded
fears of job losses, incomes or machines replacing humans.
"One
of the big lacunae in this country is risk financing and so our
start-ups go elsewhere because they need risk financing which is not
available in this country.
"We have to make sure Indian capital
is available because often it is closest to the ground and understands
the financing better. We have to make sure that the companies of our
future are incorporated in India, get Indian financing and expand
significantly. We cannot miss out on the AI and Robotics revolution,"
said Rajan.
Harish Krishnan, MD, Public Affairs & Strategic
Engagements - Cisco Systems, said: "Kerala is equipped with a
congregation of smart villages that we should be able to build on the
vast knowledge resources we possess."
Citing the case of Estonia,
which has become a completely digitalised country, Dinu John Parel,
Global CIO - Dover Corporations, said he looks forward to a day when the
world would think about Kerala as the most digitally advanced state in
India.
"Estonia could achieve it for they had a common purpose.
Besides, they were willing to take risks. And to make it work, all the
constituents, which include enterprises, corporates and citizens, should
work together towards this cause," he added.
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