Mumbai-Speaking at Business Today Mindrush 2019 about Indias economic transition, the Union minister Dharmendra Pradhan said, India is moving from being a developing nation to being a developed nation. This transition will require greater synergy between all stakeholders. We have to assimilate ourselves to the idea of change and make strive towards Hon. Prime Minister Narendra Modi’s vision of New India, a mass movement. He further mentioned that there is a need to link our domestic economy with our intellectual capacity. Mr Pradhan said that Indias domestic market, intellectual workforce and risk taking ability can offer solutions to not only our domestic problems but also to some global problems.

Speaking on the occasion, Mr Pradhan called for industry led, innovation driven, state supported model of wealth creation. We must create an industry led, innovation driven, state supported model of wealth creation. Industry, academia and policymakers must come together to solve problems of society through innovation and generate value for society, he said.