Deloitte's Romal Shetty Highlights AI Adoption and Corporate Resilience at ET Awards
ET Awards: Those who dare today will lead India in 2047, says Deloitte's Romal Shetty
The Economic TimesImage: The Economic Times
At the Economic Times Awards for Corporate Excellence, Romal Shetty, CEO of Deloitte South Asia, emphasized India's rapid individual adoption of artificial intelligence compared to slower corporate deployment. He urged businesses to invest in future capabilities and resilience to navigate increasing disruptions as the country aims for a developed status by 2047.
- 01India's individual AI adoption is ahead of corporate deployment.
- 02There's a significant gap in AI usage between individuals and companies.
- 03Businesses must invest in future capabilities before market demands arise.
- 04Resilience is key to turning disruptions into opportunities.
- 05The journey to Viksit Bharat 2047 is a private sector responsibility.
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During the Economic Times Awards for Corporate Excellence, Romal Shetty (CEO of Deloitte South Asia) highlighted that India's individual adoption of artificial intelligence is outpacing many developed nations, yet corporate deployment lags behind. He pointed out a critical gap between personal AI usage and strategic corporate implementation, which poses both a competitive risk and a leadership challenge. Shetty praised India's ability to democratize technology and navigate multiple global crises, including the COVID-19 pandemic and geopolitical conflicts. He stressed the importance of businesses making bold choices now to build future capabilities and embedding technology deeply to transform disruptions into opportunities. Shetty concluded by stating that the journey towards a developed India by 2047 is not merely a government initiative but a mission for the private sector.
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Businesses in India are encouraged to innovate and adopt AI strategically, which could lead to increased competitiveness and resilience in the face of global disruptions.
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