‘India no longer just a market, it's a mindset'
Under the leadership of president Rishi Khator, the conference reaffirmed its founding philosophy: "Explore, Expand, Excel".
The day's historical resonance was not lost on the audience. In his inaugural address, Rishi Khator noted that Aug 2 marks the day the Indian tricolour was designed by Pingali Venkayya in 1876, and also the date the East India Company handed over power to the British Crown in 1858, a reminder of how transformative shifts often begin with symbolic gestures and bold ideas.
The conference opened with a keynote by Sivakumar Sundaram, CEO of The Times of India. Citing today's The Economic Times, he spoke of the growing global confidence in India as a strategic investment hub, with giants like Apple, Coca-Cola, and FedEx increasing their footprint. "India is no longer just a market, it's a mindset," he said.
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He urged chartered accountants to evolve from compliance officers to consequence navigators, playing a pivotal role in shaping their clients' entrepreneurial journeys.
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"Capital must flow like ideas — towards innovation, deep tech, and climate action," he remarked, while emphasising that AI will never replace the uniquely human judgment that CAs must reclaim.
His call to "design for agility, go beyond numbers, and become the human voice in an AI world" struck a resonant chord with the audience.
Chief guest Suresh Prabhu, former Union minister, highlighted the need for inclusive growth and economic coexistence. "India's future lies in its people," he said, advocating for middle-class expansion and district-level development as key to reaching the $35 trillion GDP milestone by 2047. He stressed a balance between savings and consumption, and the importance of public-private synergy to achieve equitable prosperity.
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