Gautam Adani says some geopolitical incident can limit growth: "One disruption or sanction can ..."

Gautam Adani says the current transformations in business and technology are unprecedented and note that even one geopolitical incident in sensitive sectors can impede growth. He advocated for confidence or “Aatmanirbhar” attitude to secure true freedom. Adani Group chairman Gautam Adani says the current transformations in business and technology are unprecedented and are advocated for ‘Aatmanirbhar’ attitude to protect true freedom. (PTI photo / file) A single geopolitical incident can limit growth in sectors that are technology -dependent and energy. Students at the Indian Institute of Technology (IIT) -Kharagpur, on its 75th Foundation Day, noted the billionaire industrialist that it is confident or ‘atmanirbharta’ that can give true freedom. Gautam Adani on self-confidence, atmanirbharta and freedom … “As far as technology dependence is concerned, 90 percent of our semiconductors are imported. One disruption or sanction can freeze our digital economy. In the case of energy vestality, we can import 85 percent of our oil. A single geopolitical incident can limit us,” Gautam Adani explained. He added: “If our data crosses the boundary of India, every bit of these data becomes raw materials for foreign algorithms, creates foreign wealth and strengthens foreign domination. In the case of military dependence, many of our critical systems are introduced, which brings our national security to the political will of other nations. We be. ” Gautam Adani: ‘Wars today are invisible … on server farms and not trenches …’ Furthermore, the businessman added that war weapons developed today from Kovensional means to technology-driven. He said: “The world is moving from a conventional war to technology-driven wars and our ability to prepare, our future will certainly. Because the wars we have to fight today are often invisible, they are fought in server farms and not in trenches.” “The weapons are algorithms, not guns. The empires are not built on land; they are built in data centers. The armies are bot nets and not battalions,” he added. Gautam Adani says the disruption cycle is an ‘era of transformation’ further, with the students, Adani noted the unique nature of the ‘disruptions’ in the current cycle, adding that he has never seen such transformation in the business world in the business world. “I have been an entrepreneur since the age of 16. I have several cycles of disruptions, many moments of transformation, and businesses built through both crisis and opportunities. But I can tell you with an absolute conviction that the age of transformation is now unfolding before us, unlike what I saw … “he added. (With inputs of ani)