NDTV Profit Conclave: Leaders Outline Vision For Viksit Bharat 2047— Check Highlights

NDTV Profit is hosting a conclave-themed 'Blueprint for Viksit Bharat @2047' in Mumbai. Top industry and market voices are set to speak.

(Source: NDTV Profit)

Key speakers for the 'NDTV Profit Conclave: Blueprint For Viksit Bharat At 2047' include Union Minister for Commerce and Industry Piyush Goyal, State Bank of India Chairman CS Setty, Mahindra Group Chief Executive Officer Anish Shah, and Godrej Industries Group Chairperson Nadir Godrej.
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NDTV Profit Conclave Live: Banks, Fintechs Need Each Other 

Fintechs are able to grow as they focus on technology, niche, said Ashok Vaswani, MD and CEO, Kotak Mahindra Bank. "Banks versus fintechs is not a right comparison as both need each other," he said.

Vaswani noted that the best outcome is when banks and fintechs partner. "Banks will step up their game with more investments in technology," he said.

NDTV Profit Conclave Live: Banks Need To Be Sharp In Identifying What Is Your Target Market

Banks will have to come up with innovative products to attract customers, according to Kotak Mahindra Bank MD and CEO Ashok Vaswani. "Banks need to be sharp in identifying who, what is your target market," he said.

Vaswani highlighted that, consumer spending driving Indian economy plays a larger role. "At a macro level, consumer spending has been driving developed economies," he said.

"Credit extension to salaried class was done aggressively. Overextension of credit led to over leveraging, " he shared.

Vaswani noted that we are seeing a lot of pain in microfinance space, but banks picked up on this quickly. "Steam in personal loans will come back," he said.

NDTV Profit Conclave Live: Banks Have To Adopt A Mindset Of Change In Terms Of Technology

Private sector capex has not been restricted by the availability of bank financing, according to Kotak Mahindra Bank MD and CEO Ashok Vaswani.

"IPO fever in the markets has been scary," he said. The Kotak Mahindra Bank MD further said that, "I am excited to see the startup space in India."

"Technology is changing the world and not restricted to banking. It is too important to be left just to technologists," he said. "Banks have to adopt a mindset of change in terms of technology," Vaswani noted.

NDTV Profit Conclave Live: Interest Rates Come Lower In A Developed Market

Banking industry normally grows around 7-7.5x the GDP, said Ashok Vaswani, MD and CEO, Kotak Mahindra Bank. "Interest rates come lower in a developed market," he said.

Vaswani highlighted that different countries have evolved differently as far as mortgages are concerned. "Balance sheets of the banks have to change as economy develops," he said.

"Internationalisation is an important element," Vaswani shared. "Regulator has done a commendable job in terms of internationalisation of markets," he said.

NDTV Profit Conclave Live: Banking Has To Develop With The Economy

Banking has to develop with the economy, said Ashok Vaswani, MD and CEO, Kotak Mahindra Bank.

NDTV Profit Conclave Live: India's Healthcare Opportunity Is Large At $100 Billion

India healthcare opportunity is large at $100 billion, according to Shashank ND, Co-Founder & CEO of Practo.

Practo aimed to take doctor’s “practice online”, has 5 lakh doctors on its platform today, said Shashank.

The company has a gross merchandise value of $400 million. "Quality always tops the requirement for majority users of Practo," he said.

NDTV Profit Conclave Live: Rapido's Upgraded Business Model

Rapido has upgraded its business model to SaaS and the company does not take daily commissions, according to Aravind Sanka, Co-founder, Rapido. "Our core focus is to give value to our customers, riders," he said.

Sanka highlighted that drivers just pay a subscription fee upfront and keep the fare. Two million drivers work on Rapido platforms every month, as per the CEO.

NDTV Profit Conclave Live: Need To Link Farmers For Their Efficiency And Sustainability

Need to link farmers for their efficiency and sustainability, according to Nadir Godrej, Chairperson of Godrej Industries Group. "Regenerative agriculture is more sustainable," he said.

"Sustainability for companies doesn’t cost as much as we think it will. We use a lot of green energy and bio mass, that is sustainability in a sensibly way actually reduces costs," he said.

"We are trying to work a solution for using soybean stubble," he gave an example.

NDTV Profit Conclave Live: US Tariffs Won't Impact Us Much, Says Nadir Godrej

Tariffs won't impact us a lot, said according to Nadir Godrej, Chairperson of Godrej Industries Group. "But, it will certainly impact other Indian businesses," he said..

"We need to standup with current tactics and form strategies accordingly," Godrej said on US President Donald Trump's tariff talks.

NDTV Profit Conclave Live: Need To Modernise Without Affecting Core Values

Need to modernise without affecting core values, according to Nadir Godrej, Chairperson of Godrej Industries Group. "Sustainability and inclusion are our core values. We all have to work together to solve the climate change issue," he said.

Godrej further noted that if you put customers ahead, you need to put employees even ahead of customers.

"We had a few failures in the past but most of our businesses has been successful. Two parts of our group were managed differently," he said on business.

NDTV Profit Conclave Live: Need To Look At The Markets With A Perspective

Need to look at the markets with a perspective, according to Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services Ltd.

"Investing is very simple in today's era, one just has to pick the right fund manager. For picking stocks, everyone needs to have their own formula," he said.

Agrawal highlighted that we must look at top quality businesses, top quality management and reasonable prices.

NDTV Profit Conclave Live: Healthy Correction Is An Integral Part Of Market

India and US are the two nations where money is being made at a steady pace, said Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services Ltd.

Agrawal highlighted that nobody likes to see the markets go down, but healthy correction is an integral part of market.

In last calendar year, when index went up by 15%, one couldn't make 40%.

"Investors should break SIPs in the phase of correction. Shouldn't look at the market while investing in SIPs, it is all about averages," he said.

NDTV Profit Conclave Live: Stock Market Is 'Maha-Maha Kumbh' Of Investors

Stock market is 'Maha-Maha Kumbh' of investors, said Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services Ltd. "185-190 million customers participate in the markets everyday, it will be over 300 million by end of decade," he said.

Have seen both best and worst of the times of capital markets and economy. This is the relentless expansion of capital markets, he said.

"In the last 45 years I have seen good and bad times of the market. I judge the future, looking at the past," he said. Agarwal highlighted that there is no reason to believe, the next 10-15 are going to be different.

NDTV Profit Conclave Live: Mutual Funds Participation And Job Creation Has Huge Role To Play In Viksit Bharat

Mutual Funds have invested over Rs 9 lakh crore in the market since April last year, according to Navneet Munot, MD & CEO, HDFC AMC and Chairman AMFI.

There is a long-long way to go for the Mutual Fund industry in terms of beneficiaries, said Munot.

Mutual Funds participation and job creation has a much bigger role to play in Viksit Bharat, he said.

NDTV Profit Conclave Live: We Can See Three Generations Investing Together

"Financialisation of assets is now beginning, according to Swarup Anand Mohanty, Vice Chairman & CEO Mirae Asset Investment Managers (India).

"We are seeing three generations investing together," he said.

NDTV Profit Conclave Live: Mutual Fund Industry Has A Long Way To Go

Mutual Fund industry has a long long way to go, according to Nilesh Shah, MD Kotak Mahindra AMC.

In FY21 to FY23 most people have invested in currency than Mutual Fund, Shah said. Between FY21-23, people have put more money in currency notes rather than SIPs.

"Mutual Fund sahi hai campaign has a long way to go," he said.

Shah highlighted that we have to work hard to see minority interest are protected. "We have to work hard to make sure interests of minority holders is protected and gains are shared equitably," he said.

NDTV Profit Conclave Live: Mutual Fund's Role In Viksit Bharat Is A Win For Us, Says Radhika Gupta

Happy that Mutual Funds have a significant role in the road to Viksit Bharat, according to Radhika Gupta, MD & CEO,  Edelweiss Mutual Fund.

"When we talk about Viksit Bharat, we should talk about 70-75% of Indian benefiting from Mutual Fund," said Gupta.

"We should move from Mutual Fund Sahi hai to Mutual Fund subke liye hai," she said.

NDTV Profit Conclave Live: AI Will Not Change The Sense Of Choice

Need to look at AI with conviction over just the caution point of view, according to Ronnie Screwvala, Co-founder and Chairperson, upGrad.

"AI will not change the sense of choice and judgments of humans," he further said.

NDTV Profit Conclave Live: AI Will Take Care Of Basic Needs In Future

AI will take care of the basic needs like access to healthcare and information among others, according to Manu Chopra, Co-Founder & CEO, Karya AI.

NDTV Profit Conclave Live: AI Tech Will Become A Common Denominator For Everyone

With Artificial Intelligence, surprises won't stop in the next five years, according to Pratyush Kumar, Co-Founder, Sarvam AI. "AI technology will become a common denominator for everyone," Kumar said.

I see India being a leader in per capita consumption of the generative AI, ' he said.

NDTV Profit Conclave Live: AI Will Dramatically Accelerate Productivity

AI will dramatically accelerate productivity, said Manu Chopra, Co-Founder & CEO, Karya AI. "It's not right to make a five-year prediction for AI," he said,

NDTV Profit Conclave Live: AI Will Be A Coach And Companion For All Of Us

Artificial Intelligence will be a coach and companion for all of us, according to Puneet Chandok, President Microsoft India and South Asia.

AI will make us much more efficient in next

NDTV Profit Conclave Live: SBI Is Trying To Make People Digital Savvy

We are trying to make people digitally savvy and have introduced small SIP, said Challa Sreenivasulu Setty, Chairman, State Bank Of India.

SBI Chairman shared that we would like to work towards a daily SIP concept. "Small amounts can be invested through the SIP route on a daily basis," he said.

NDTV Profit Conclave Live: NDTV Profit Conclave Live: Government Is Committed To Capex, Says Setty

Government is committed to capex, according to Challa Sreenivasulu Setty, Chairman, State Bank Of India. "We can see visible commitment of centre, states and PSUs to capex," he said.

The SBI Chairman said, that the concerns on unsecured personal loans are now behind us. Asset quality issues in unsecured personal loans have bottomed out, he said.

Setty noted that the India cannot truly become a developed country unless we take each segment of the society with us.

NDTV Profit Conclave Live: Shift In Customer Behaviour

There will be a shift in customer behaviour due to convenience, according to Challa Sreenivasulu Setty, Chairman, State Bank Of India.

Setty highlighted that the ease of doing transactions has contributed to term deposits. "Need foreign capital to come in as well," he said.

The SBI Chairman noted that external environment holding back some capex spend in some of the sectors.

NDTV Profit Conclave Live: Capital Is A Critical Element Of Viksit Bharat

One of the critical elements of Viksit Bharat is capital, according to Challa Sreenivasulu Setty, Chairman, State Bank Of India.

Household savings will continue to go to the banking sector, he further said.

NDTV Profit Conclave Live: Nature Of Savings Have Undergone A Change

Trust element has always been there for public sector banks among the depositors, said Challa Sreenivasulu Setty, Chairman, State Bank Of India.

He further highlighted that the nature of savings have undergone a change in recent times.

NDTV Profit Conclave Live: Target Of $20,000 Per Capita Income, Says Piyush Goyal

"Young individuals who are connected to the internet, are today aspiring a better quality of life, which the rest of the world enjoys. As the economy grows to $35 trillion by 2047, we will have a per capita income of more than $20,000. The opportunities in the next 20-25 years are massive," said Piyush Goyal.

NDTV Profit Conclave Live: Be Bold, Do Not Panick On Tariffs, Says Piyush Goyal

"Indian industry is better advised to be bold and confident. This is a golden opportunity for businesses. Those who are panicking today will regret tomorrow," Piyush Goyal said.

NDTV Profit Conclave Live: Making Bilateral Trade Easier, Says Piyush Goyal

Piyush Goyal said India and the US are concerned about practices of "non-market" economies that do not trade with transparency.

"The biggest concern is the economies which do not have transparency. We are working to make it easier to import and export goods between both the countries. Dont think there is any cause for concern with respect to tariffs," he said.

NDTV Profit Conclave Live: Piyush Goyal On India-US Trade

Union Minister of Commerce & Industry Piyush Goyal said India has a good opportunity to double trade with the US and complement each other economically rather than compete.

"US and India collaborate for world good and human good. This is an opportunity for India to expand trade with the US. We look at this opportunity as a way to make India more competitive," he said.

NDTV Profit Conclave Live: Piyush Goyal Set To Speak

Union Minister of Commerce & Industry Piyush Goyal is set to speak at the NDTV Profit Conclave 2025.

NDTV Profit Conclave Live: Mahindra Group's Anish Shah Unfazed By Tesla's India Plans

Mahindra & Mahindra Ltd., one of the top Indian automobile players, is unfazed about the potential entry of American electric vehicle major Tesla Inc. into the Indian market.

"Our products speak for themselves," the company's Managing Director and Chief Executive Officer Anish Shah said on Tuesday, at the NDTV Profit Conclave in Mumbai.

Shah's remarks came hours after Tesla signalled its India entry plans by advertising jobs in the country. The Elon Musk-led company is seeking candidates for 13 roles, including those who will be based in Mumbai and Delhi.

Read full story here.

Also Read: Tesla Signals India Entry With 13 Job Openings In Mumbai

Trump Tariff Shocks Ebbing? Ridham Desai Thinks So

US President Donald Trump’s trade policies are nothing to be concerned about and what has actually transpired on ground isn't close to the expected worst-case scenario, according to market veteran Ridham Desai.

The Managing Director and Chief Equity Strategist India, Morgan Stanley further weighed in on the ongoing market correction and said that key macros remain positive and the “moment has come” for value investors to take advantage of it.  

"The tariffs that were expected on China don’t seem to be materialising. If anything, business sentiment in the US is strong and improving, and India will follow suit soon," Desai said in the NDTV Profit Conclave. While global growth concerns had loomed due to policy actions, those fears are now diminishing, he said. 

Desai pointed to key macro tailwinds such as lower oil prices, reduced geopolitical risks, slower fiscal consolidation, tax cuts, structural reforms, and record-high capital expenditure. "I'm very bullish. For those waiting for India to become more attractive in terms of valuation and performance, the moment has come," Desai said.

Read full story here.

Also Read: Bearish Stock Market: All You Did Was Hope!

NDTV Profit Conclave Live: We Have Products That Speak For Themselves

"We have products that speak for themselves," Anish Shah-Group CEO and MD, Mahindra Group said on global players coming to India.

NDTV Profit Conclave Live: Ease Of Doing Business Has Improved, Says Anish Shah

Efforts have been put to make it easier to do business in India, according to Anish Shah-Group CEO and MD, Mahindra Group.

India has ability to manufacture at scale and at lower cost, he said. "Our EVs are entirely manufactured in India," he highlighted.

Also Read: 'We're Still Around': Anand Mahindra Confident After Tesla Signals India Entry

NDTV Profit Conclave Live: Linking Rural-Urban Economy

A link between rural and urban economy will help reach the goal of Viksit Bharat, said Prasanna Mohile, National Head - corporate affairs and executive board member, Pernod Ricard India.

Pernod Ricard has always been conscious of the role it plays in sustainability. "We train farmers to undertake sustainable farming and get right value for produce," he said.

Alcobev is a heavily regulated industry, government should also help increase ease of doing business, Mohile further highlighted.

NDTV Profit Conclave Live: Alcohol Industry Plays A Major Role In Economy

Pernod Ricard has been pivotal in bringing French investments in India, according to Prasanna Mohile, National Head - Corporate Affairs and Executive Board Member, Pernod Ricard India.

There is a lot of scope for growth in the premiumisation segment. The scope for premium alcohol segment has been increasing in India, he further said.

Alcohol industry plays a very important role in the economy, he said. "We generate 50 lakhs jobs annually and our company contributes 9 lakh jobs and out of which 6 lakh jobs are in agriculture sector," he said.

Pernod Ricard contributes Rs 39,000-40,000 crore to India's GDP.

"We need government's focus to give the alcohol sector- an 'industry' status," he said.

NDTV Profit Conclave Live: Raising India's Apparel Exports

"Apparel exports in last three months has grown by 41%. Traditionally they were growing by 6-7%. This is largely the Bangladesh effect. We are targeting $350 billion from $180 billion exports in the next five years. We have to double our capacity from incentives from government and PLI schemes," said Ajay Agarwal, Group CEO of Reid & Taylor.

NDTV Profit Conclave Live: AI Will Increase Access To Research, Says Ujjwal Jain

"Distribution platforms will be hybrid in nature. The access to knowledge and research is still not there. AI will help increase this access to markets. There is a lot of room for all to grow. Well-distributed access to markets is a big opportunity," said Ujjwal Jain of Share.Market.

NDTV Profit Conclave Live: Access To Markets Well Served By Tech, Says Ujjwal Jain

The access to markets is well served in India now with broking account due to technological adoption, said Share.Market CEO Ujjwal Jain.

"SEBI norms allowed the ability to onboard customers on a DIY basis. We have cracked that in scale. 18% of assets under management came from B30 cities. Two-thirds of AUM on our platform came from B30 cities," he said.

Also Read: F&O Norms Great Effort By Regulator, Well Distributed Market Access Big Opportunity: Ujjwal Jain

NDTV Profit Conclave 2025 Live: How Pricing Insurance Products Is Done For Farmers

Kshema General Insurance's Rajeshnani Dasari explained the company uses past weather data to develop digital models that can price insurance products.

"A cyclone coverage in Andhra Pradesh would cost more than Rajasthan because the risk of causing is higher in the former. We want to distribute risk across climatic zones," he said.

NDTV Profit Conclave 2025 Live: Insuring Farmers In A Diverse Landscape

Rajeshnani Dasari, executive director of Kshema General Insurance said farmers want to mitigate weather risks and hence provide a market in a large agrarian economy like India.

"Only 30% of agricultural land is insured. There is lack of customised programme for farmers. We are making a play using technology. There are 127 different climatic zones in India and each has its own characteristics," he said.

NDTV Profit Conclave 2025 Live: India Not An Alternative To China, Says Rajesh Sharma

Kaynes Tech CEO Rajesh Sharma ended his address laying out three noteworthy statements.

"It's not 'why India' its 'why not India'. Its not 'if' but how fast India can become a manufacturing power. And third, India is not an alternative to China," he said.

NDTV Profit Conclave 2025 Live: Pharma Needs The AI Push

"Indian drugs are known for their affordability worldwide, and exports constitute a significant 50% of the Indian drug industry's output. However, the industry is currently not utilizing AI in research to a great extent," said Habil Khorakhiwala.

NDTV Profit Conclave 2025 Live: Industry Leaders On What Manufacturing Needs

  • "Investing in manpower is an important aspect": Dipali Goenka.

  • "Speed of delivery is very important; global supply has to co-ordinate": Rajesh Sharma.

  • "Affordability is important and the challenge is new technology absorption": Habil Khorakhiwala.

NDTV Profit Conclave 2025 Live: Indigenising Supply Chains Important, Says Dipali Goenka

"We have to invest in indigenising supply chains. Key ingredients for manufacturing still come from China. Capex should be done for indigensing," said Dipali Goenka, CEO and MD, Welspun Living.

NDTV Profit Conclave 2025 Live: India's Pharma Regulation Need To Upgrade, Says Habil Khorakiwala

"The pharmaceutical industry is highly regulated in India and abroad. However, Indian regulatory bodies are often unaware of new drug innovations, and the regulatory mechanisms in India haven't changed in 30 years. Therefore, India's pharmaceutical regulatory mechanism needs to be corrected," said Habil Khorakiwala, Founder-Chairman of Wockhardt Group.

NDTV Profit Conclave 2025 Live: Skilling People Is Role Of Private Sector, Says Dipali Goenka

"Investing in capex, skilling people and technology is the role of the private sector. The key thing is how we will contribute to Viksit Bharat. We have to lead in key industries and not just follow others," said Dipali Goenka, CEO and MD, Welspun Living.

NDTV Profit Conclave 2025 Live: India Should Pursue Bilateral Tariff Structure, Says Rajesh Sharma

More than reciprocal tariffs, the Indian government should work on bilateral tariff arrangements, said Rajesh Sharma of Kaynes Tech. He noted the integrated nature of the global economy which makes sweeping tariffs difficult to implement.

Also Read: Tariff On Indian Pharma Will Raise Costs For US Buyers, Says Wockhardt's Khorakiwala

NDTV Profit Conclave 2025 Live: PLI Gave Competitive Edge To India, Says Rajesh Sharma

Rajesh Sharma, CEO of Kaynes Technology, said the production-linked incentives scheme has given great push to manufacturing in India and given local companies competitive edge.

He also said the importance of semiconductor was very much realised during the pandemic. "It's not just India but countries around the world focused on semiconductors," he said.

NDTV Profit Conclave 2025 Live: Health Sector Undergoing Transformation, Says Habil Khorakiwala

Habil Khorakiwala, Founder Chairman Wockhardt Group said the health sector is undergoing transformational change.

"There is going to be a change from chemical-based to biological-based drugs. India has a strong base but now build up strength we have on chemistry to biology. We have invested in last 25 years to find new antibiotics"

NDTV Profit Conclave 2025 Live: Panel Discuss 'India: The Next Global Manufacturing Hub'

The second panel of NDTV Profit Conclave 2025 is based on the topic: India: The Next Global Manufacturing Hub.

These are the speakers:

  • Dipali Goenka, CEO & MD, Welspun Living

  • Habil Khorakiwala, Founder Chairman Wockhardt Group

  • Rajesh Sharma CEO, Kaynes Technology India

NDTV Profit Conclave 2025 Live: Retail Comeback And Technology's Wealth Mantra

Dinesh Thakkar said retail investors are going to come back in a big way even after the recent market correction. Ashishkumar Chauhan said technology brings change, and change brings wealth.

NDTV Profit Conclave 2025 Live: Sensex Cheapest Against Gold Since 2020, Says Ridham Desai

"I like to measure Sensex in gold ounces. Sensex is now its cheapest against an ounce of gold since November 2020," Ridham Desai said. He explained he likes to peg Sensex's performance relative to gold, other than INR and USD terms

NDTV Profit Conclave 2025 Live: Opportunity To Buy As Markets Down, Says Ridham Desai

"Indian households have put more cash into gold than equities over last 10 years. Foreign investors are more underweight on Indian stocks now than they have been in decades. If domestic investors continue to invest into markets, someone has to sell — which has been FIIs. Those who were weighting for India's valuation to become comfortable have an opportunity to buy now," said Ridham Desai.

NDTV Profit Conclave 2025 Live: Ridham Desai Says Trump Tariff Worries Are Reducing

"Not really worried about President Trump anymore. He has puit his cards on the table and they look benign. This is nothing closed to what we though could be a worst case scenario," said Morgan Stanley's Ridham Desai.

Business sentiment in America is solid and it will turn to India as well, he said.

NDTV Profit Conclave 2025 Live: India Out Of Growth Slowdown, Says Ridham Desai

"Markets do not go up in a straight line and they're bound to slow. In my view, we're already out of a slowdown. The market has ignored what has been one of the biggest pivots in banking history in modern India," said Ridham Desai.

NDTV Profit Conclave 2025 Live: AI Can Personalise Investor's Journey, Says Dinesh Thakkar

"Awareness about asset classes is missing, and it will take some time to develop awareness. AI is the best tool that can help personalise the journey for an investor. We see a big future for blockchain technology in the next five to seven years. A great future in finternet, and for all asset classes in the Indian market," said Dinesh Thakkar of Angel One.

NDTV Profit Conclave 2025 Live: How Regulation Followed News Report

NDTV Profit's Niraj Shah highlights a news report by this publication on a zero-revenue company having a Rs 5,000 crore market cap and the SEBI's action that followed.

NDTV Profit Conclave 2025 Live: India Does Well To Proect Small Investors, Says Ashish Chauhan

"NSE's market cap was Rs 4 lakh crore in 1994, now its is over Rs 400 lakh crore. When evolution happens, it starts slowly then it suddenly gathers pace. Corporate governance cleanup has improved. We have moved from annual reports after two years to have quarterly results. India is doing well on protecting small investors," said Ashishkumar Chauhan of NSE said.

Also Read: Technology Change Brings Wealth And India In A Great Position To Capitalise, Says NSE CEO

NDTV Profit Conclave 2025 Live: Harshad Mehta Scam Made Us Serious About Regulation

"The Harshad Mehta scam gave us a sense of seriousness that we need proper regulation. When capital adequacy rules came, there was resistance from brokers," Dinesh Thakkar said.

NDTV Profit Conclave 2025 Live: Bull Run Coming For India, Says Ridham Desai

Ridham Desai of Morgan Stanley said the government allowing pension funds to invest in equity markets in 2015 was a "401k moment for India".

He said in the US, Ronald Reagan had allowed the same thing in the 1980s, that led to a solid two-decade bull run in US markets. "It only ended with a Nasdaq bubble. This (Indian markets) will also only end in bubble. The bull run will last longer than 20 years because we are a younger country."

NDTV Profit Conclave 2025 Live: Panel Discuss Indian Investor Coming Of Age

At the NDTV Profit Conclave 2025, Ridham Desai of Morgan Stanley, Dinesh Thakkar of Angel One and Ashishkumar Chauhan of NSE will discuss how the Indian equity market has matured over time.

NDTV Profit Conclave 2025 Live: Indian Markets No Longer Hinged To Foreigners

NDTV Group editor-in-chief Sanjay Pugalia said Indian stock market is no longer hinged to the volatile nature of foreign portfolio investments as fresh domestic capital has entered to create a strong foundation.

"What used to happen earlier when FPIs determined the trajectory of Indian markets is now over."

NDTV Profit Conclave 2025 Live: Young Investors In Mind

NDTV Group editor-in-chief Sanjay Pugalia said NDTV Profit has tapped into the young audience which is more digital-savvy and participating in the stock markets.

"No old lingo and no old jargon. We have attracted young audiences in the age group of 18-45 years. Most new investors coming to capital markets are from this demographic. We have designed NDTV Profit to tap into these young people in a digital-led platform," he said.

NDTV Profit Conclave 2025 | Watch Live

NDTV Profit Conclave Live: Inaugural Edition To Begin Shortly

NDTV Group editor-in-chief Sanjay Pugalia has arrived for the inaugural edition of the NDTV Profit Conclave 2025 in Mumbai. The event will begin shortly.

NDTV Profit Conclave Live: India's Manufacturing Ambitions

Through the 'Make In India' and 'Atmanirbhar Bharat' initiatives, India has been trying to attract investments in manufacturing. At the NDTV Profit Conclave, industry leaders like Dipali Goenka, CEO and MD of Welspun Living, Habil Khorakiwala, founder-chairman of Wockhardt Group and Rajesh Sharma, CEO of Kaynes Technology, will discuss how the country will progress further in this journey.

NDTV Profit Conclave Live: Indian Investor Comes of Age

At the NDTV Profit Conclave 2025, Ridham Desai of Morgan Stanley, Dinesh Thakkar of Angel One and Ashishkumar Chauhan of NSE will discuss how the Indian equity market has matured over time. In a panel discussion, these veterans will reveal interesting trends that have shaped the stock market and what has drawn young retail investors.

Stock Market Today: Nifty, Sensex Fall After Muted Open

The NSE Nifty 50 and BSE Sensex declined after a muted open tracking losses in Reliance Industries Ltd., and State Bank of India.

As of 9:18 a.m., the Nifty 50 was 39.50 points or 0.17% down at 22,920.00, and the Sensex was 107.08 points or 0.14% down at 75,889.78.

Today's panel at the NDTV Profit Conclave 2025 will have market experts like Radhika Gupta, Navneet Munot and Nilesh Shah among others to discuss why Indian markets have corrected so sharply and what lies ahead.

Also Read: Stock Market Today: Nifty, Sensex Resume Declines After One-Day Breather; IndusInd Bank Top Loser

NDTV Profit Conclave Live: Lineup For The Day

The list of India Inc leaders participating in the event also includes Kotak Mahindra Bank MD and CEO Ashok Vaswani, Welspun Living CEO Dipali Goenka, Wockhardt Group Founder Chairman Dr. Habil Khorakiwala, and Kotak Mahindra Asset Management Co. MD Nilesh Shah, among others.

Association of Mutual Funds in India Chairman Navneet Munot, Edelweiss Mutual Fund CEO Radhika Gupta and Kaynes Technology CEO Rajesh Sharma will also be among the speakers at the conclave.

NDTV Profit Conclave Live: Check Schedule

The event will begin with a welcome address by NDTV's Editor-in-Chief Sanjay Pugalia at 10:50 a.m. This will be followed by a panel discussion on the subject 'The Indian Investor Comes of Age', which will witness participation from Ridham Desai, chief India equity strategist of Morgan Stanley; Dinesh Thakkar, chairman of Angel One Ltd., and Ashishkumar Chauhan, managing director of NSE.

For full schedule and details of the panel discussions at the NDTV Profit Conclave, check here.

NDTV Profit Conclave Live: Notable Speakers 

Key speakers for the 'NDTV Profit Conclave: Blueprint For Viksit Bharat At 2047' include Union Minister for Commerce and Industry Piyush Goyal, State Bank of India Chairman CS Setty, Mahindra Group Chief Executive Officer Anish Shah, and Godrej Industries Group Chairperson Nadir Godrej.

NDTV Profit Conclave Live: Blueprint For India's Road To Viksit Bharat

India is on a transformative development journey towards becoming "Viksit Bharat" by 2047, and India Inc. is at the forefront of this exciting progress. From dominating markets to revolutionising manufacturing, and from groundbreaking AI advancements to disruptive innovation, our nation is paving the way towards a prosperous and self-reliant future.

At the NDTV Profit Conclave 2025, "The Blueprint for India's Road to a Viksit Bharat," business leaders, policymakers, and ministers will converge to discuss and define the strategies that will shape India's destiny.

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