Hyderabad, March 01, 2025: ICT Committee of The Federation of Telangana Chambers of Commerce and Industry(FTCCI) has organised the GROWTH X 2025 Summit with a theme “Go Digital Grow Business” at HICC in Madhapur, with a special focus on how to leverage Technology for GROWTH in the disruptive era of AI
GROWTH X 2025, the platform in its first edition was organised for knowledge sharing, business, partnerships, lead generation and revenue opportunities
Shri D Sridhar Babu, the Government of Telangana, and Shri Jayesh Ranjan, the Special Chief Secretary of Telangana, Ms. Bhavani Sri, IAS. Deputy Development Commissioner, VSEZ, Ministry of Commerce & Industry, Govt of India was among the dignitaries who attended the inaugural function of GROWTHX 2025.
Addressing 500 plus attendees immediately after the inauguration, Mr. D. Sridhar Babu said the digital innovation is moving at a rapid pace. The industry needs to march along with the changing times. We need to transform our industries. The traditional approaches will not work. At the same time, there are challenges in this journey, especially for MSMEs and SMEs. They have many limitations, short of capital, fear of change, lack of awareness and are busy with their manufacturing challenges, etc.
Until and unless MSMES and SMEs harness new technologies, they will lose out on their competitiveness. They can't sustain in the long run. The ambition of the state government is to make Telangana a one trillion US $ economy. We will work with the FTCCI and ICT committee for the common good of the industry and the state, the Minister said.
Speaking further, Mr. D. Sridharbabu said, Telangana is progressing well at the same speed of the national growth or even more. Our software exports also prove this point. While national average growth was 8%, Telangana registered 17.98%.
AI(Artificial Intelligence) is taking control across industries and individuals of all walks of life. If we don’t harness and integrate AI into our industries, businesses, we will lose efficiency, growth trajectory and profitability. Our Chief Minister Mr. Revanth Reddy has a very clear vision to keep pace with the changing technology. He feels very strongly that all stakeholders of the state must also keep pace with emerging technologies. This can be achieved by way of creating awareness, capacity building. The Government of Telangana sees AI as first and foremost technology to be embedded in its growth trajectory. It is top of mind of the state leadership. The recently held Global AI summit was a step towards that direction, the Minister said.
The Minister unveiled the Thought Capital Report brought out by EY, the knowledge partner of GrowthX2025. Later Mr. Anirban Mukherjee, Principal Partner, EY gave a sneak peek of the report. He spoke on India at a digital inflection point. He gave a snapshot of key trends driving the digital economy in India. India’s digital revolution is not a trend—it’s a tipping point, he said.
He also felicitated a few organisations and individuals like Mr Jayesh Ranjan, Special Chief Secretary, Dept ITE&C, Govt of Telangana, Dr. Raj P. Narayanam, Founder & Executive Chairman, Zaggle Prepaid Ocean Services Ltd and others for their outstanding contribution to growth and exceptional service to the society.
Dr Suresh Kumar Singhal, President of FTCCI said MSMEs make a significant contribution to the Indian economy, yet they are hesitant to adapt technology. They must embrace technology to stay competitive.
Giving his opening remarks, Mr. Mohan Raidu said GrowthX 25 is a dedicated platform for digital transformation. Technology is no longer an enabler, but it is the foundation for business growth, he said.
Mr. Pankaj Diwan, Chair of GrowthX 2025 Telangana and Hyderabad, are rockstars of Information Technology and Innovation on the global map. He lauded the futuristic initiatives of the government of Telangana. The summit, he said, is the Confluence of Government & Policy Makers, Industry, Investors, Startups and Academia. Topics including Digital Manufacturing, AI, Data and Privacy, Customer and Growth, Skilling and Talent will be discussed during the summit
Some of the speakers include in the summit are Mr Panneerselvam Madanagopal, CEO, MeitY Startup Hub, Ministry of Electronics and IT (MeitY), Govt. of India; Mr Rajesh Dhuddu, Partner, Emerging Tech, PwC; Dr Raj P Narayanam, Founder & Executive Chairman, Zaggle Prepaid Ocean Services Limited; Mr Anirban Mukherjee, Lead Partner. EY India Hyderabad; Mr. Srikanth Srinivasan, Vice President & Head – Membership & Outreach, NASSCOM;
Comments