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Digital Transformation And Access to Finance to Catalyse India’s Economic Development: Amitabh Kant, CEO, NITI Aayog

Mr Kant said that digital transformation will drive India’s manufacturing sector forward. “To remain competitive, investing in digital technologies is a must now. For digital transformation, a robust digital infrastructure, and a robust IT mechanism to prevent frauds and cyber-attacks are key enablers. Digital transformation will act as a catalyst for India’s development story going forward. Access to finance will be crucial to realize this transformation. In this context, the Small Business Loans Initiative launched by Facebook is a big step in this direction. E-commerce will be a major driving force for country’s growth in the coming years.”