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."
2/7
Anil Rai Gupta, Chairman & MD Havells India: "Innovation thrives in the US because failure is respected there."
3/7
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."
4/7
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."
5/7
William Bissell, MD, Fabindia: "Incredible goals lead to incredible innovations."
"Going forward, the challenge will be unemployment in the times of innovation."
6/7
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."
7/7
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."