KT Rama Rao Highlights India's Transformation into a Global Capability Hub at Columbia Business School
India’s rise beyond cost: KTR calls it a ‘capability story’
The Economic TimesImage: The Economic Times
KT Rama Rao (BRS leader and former Telangana IT Minister) addressed students at Columbia Business School, emphasizing India's evolution from a cost-centric model to a capability-driven economy. He highlighted the country's vast talent pool, technological advancements, and youthful demographics as key factors in attracting global business and investment.
- 01India is evolving from a cost story to a capability story.
- 02The country produces nearly 1.5 million engineers annually, contributing to its vast talent pool.
- 03India's median age is 27, with 65% of the population under 35 years old.
- 04Technological advancements have reduced operational friction across sectors.
- 05KTR credited Telangana's growth to K Chandrashekar Rao's leadership.
Advertisement
In-Article Ad
During his address at Columbia Business School in New York, KT Rama Rao (BRS leader and former Telangana IT Minister) asserted that India is transitioning from being viewed solely as a low-cost labor market to a hub of capabilities and innovation. He emphasized that India produces approximately 1.5 million engineers each year, making it one of the largest talent pools globally. With a median age of 27 and 65% of the population under 35, India boasts a youthful demographic that is essential for driving long-term economic growth. KTR also highlighted the importance of digital infrastructure, which has streamlined operations across various sectors, enhancing efficiency and reducing friction. He reiterated that India's strengths lie not only in its cost competitiveness but also in its growing capabilities, making it an attractive destination for global investment. Additionally, KTR reflected on Telangana's rapid development under the leadership of K Chandrashekar Rao, emphasizing the state's transformation into a model of growth within a decade.
Advertisement
In-Article Ad
India's focus on enhancing its capabilities can lead to increased foreign investment, job creation, and economic growth, benefiting both the workforce and businesses.
Advertisement
In-Article Ad
Reader Poll
Do you believe India's youth can drive the country's economic growth?
Connecting to poll...
Read the original article
Visit the source for the complete story.

