Forbes India CEO Dialogues: Reboot India 'Innovation & Disruption'

Tara Singh Vachani, MD & CEO, Antara Senior Living, who is working with the Haryana government to create a Senior Living policy, said, "New processes, priorities and segregation in management and capital are a must for innovation in legacy organisations."

"Innovative ideas need to be a part of KRAs in organisations."

Anil Rai Gupta, Chairman & MD Havells India: "Innovation thrives in the US because failure is respected there."

Sumant Sinha, CEO, ReNew Power: "Getting things done is hard in India, which needs to change."

"If innovation and disruption can start at the government level, it can have deep impact on people." 

Ashish Gumashta CEO & MD Julius Baer: "Fintech will bring down costs & Blockchain will help in decentralisation of financial services."

While talking about the rise in popularity of virtual currencies: "Rs 50 invested in cryptocurrency in 2010 is worth Rs 9 crore today."

William Bissell, MD, Fabindia: "Incredible goals lead to incredible innovations."

"Going forward, the challenge will be unemployment in the times of innovation."

Puneet Dalmia, Owner, Dalmia Cement: "Companies are not doing enough to foster innovation internally."

"In India, failure is seen as a stigma; we are risk averse."

Devansh Jain, Director, Inox Wind Ltd: "How do you take risk as an entrepreneur if government policies in states keep shifting?"

"Education system in India needs to be transformed."