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

The second edition of 2017's CEO Dialogues took place in New Delhi on September 12 with the theme, 'Innovation and Disruption'.

Sep 13, 2017, 17:33 IST1 min

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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."

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

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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."

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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."

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William Bissell, MD, Fabindia: "Incredible goals lead to incredible innovations." "Going forward, the challenge will be unemployment in the times of innovation."

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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."

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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."

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