FinTech and Banking Education in Uttar Pradesh to Be Facilitated by Chandigarh University Through Industry Collaborations, According to TCS Senior Consultant Ambrish Srivastava: Hands-On Learning Emphasized
Breaking Down the Future: A Look into India @2030 at Chandigarh University, Uttar Pradesh
The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh, recently hosted an insightful panel discussion, India @2030. This event gathered industry leaders, scholars, and expert panelists, focusing on India's transformation through education and the effort to propel the nation towards a $7 trillion economy by 2030. Divided into two sessions, the discussion delved into topics such as education shifts, economic prospects, and the path towards attaining the $7 trillion economic objective.
The panel also delved into the impact of AI on employment, with speakers forecasting a 40 percent surge in AI-based jobs by 2025. It's expected that the AI sector in India will reach $28.8 billion by year's end, and AI is projected to generate 2.8 million jobs in India by 2028. The Uttar Pradesh government's UP AI City Project aims to create 50,000 jobs over the next five years, foreshadowing AI's promising future in India.
Dr. Ajay Yadav, Registrar at Chandigarh University, Uttar Pradesh, expressed pride over hosting the first business school panel discussion at the institution. He stressed the vision of creating an extraordinary educational space in India, with investments exceeding 12,500 crore rupees. Prof. Manuka Khanna, Pro Vice-Chancellor at the University of Lucknow, applauded Chandigarh University's emphasis on integrating AI across disciplines, skill development, and incubation.
India has seen impressive growth in AI skills, innovation, and entrepreneurship, ranking first globally in AI skill penetration. With a 263 percent increase since 2016, India has emerged as the world's third-largest startup ecosystem, generating over 1.6 million jobs through 1.57 lakh startups. This growth suggests that India is gaining prominence in the global AI landscape.
Panelists elaborated on the importance of AI in the finance and commerce sectors. AI is revolutionizing aspects such as data analysis, customer service, fraud detection, and investment advisory, making these processes faster, more accurate, and secure. AI-powered chatbots and automated tools are improving customer experiences while strengthening critical functions like risk management and credit scoring, transforming banking and financial services.
Cyber fraud has become a significant challenge in the digital age, and AI is proving effective in combating it. AI-based systems can detect suspicious transactions in real-time, bolstering cybersecurity alongside economic and educational development.
Experts emphasized that aligning education with innovation, industry needs, and the vision of Digital India can make Indian youth globally competitive and help India achieve economic self-reliance and prosperity. In the long run, an inclusive approach in education policies will ensure that every section of society is part of India's economic development.
The event was graced by Prof. Manuka Khanna and special guests, including Prof. Neel Mani Verma, Prof. Amarendra Pratap Singh, and Mr. Ambarish Srivastava.
In the first session, titled "Future of Education and Economy," discussions revolved around changes in education, the economy's future, and the relationship between industry and academia. The session was moderated by Prof. Alka Singh from the Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh. Key speakers included Prof. Manuka Khanna, Prof. Neel Mani Verma, Prof. Amarendra Pratap Singh, and Mr. Ambarish Srivastava.
In the second session, titled "Roadmap to a $7 Trillion Economy," speakers explored strategies to propel India's economy to new heights. This session was moderated by Prof. Ashutosh Bajpai from the Faculty of Business and Commerce at Chandigarh University, Uppar Pradesh. Key speakers included Prof. Manoj Agrawal, Prof. Saurabh, and CA Anurag Pandey, all of whom shared valuable insights on the role of education, policy, and investment in India's economic growth.
Mr. Ambrish Kumar Srivastava, Senior Consultant at TCS, commended Chandigarh University, Uttar Pradesh, for integrating AI across disciplines and building a future-ready curriculum. CA Anurag Pandey, Chairman of the Lucknow Branch of ICAI, appreciated the university's strong industry partnerships and commitment to practical, industry-aligned education.
Chandigarh University, Uttar Pradesh, envisions nurturing a culture of sustainability while developing future global leaders. Encapsulating a decade of excellence from Chandigarh University, Punjab, the Uttar Pradesh campus integrates an AI-powered academic model and futuristic perspectives on education. The multidimensional academic programs cater to various sectors, including data-driven insights, virtual reality experiences, real-world simulations, corporate mentorship, international perspectives, interdisciplinary research, entrepreneurship cultivation, and professional competencies.
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- The panel discussion, India @2030, held at Chandigarh University, Uttar Pradesh, emphasized the importance of integrating AI across disciplines for skill development and incubation.
- AI is projected to be a significant driver for employment and economic growth, with a 40 percent surge in AI-based jobs by 2025 in India.
- The Uttar Pradesh government's UP AI City Project aims to create 50,000 jobs over the next five years, highlighting AI's promising future in India's economy.
- Education is vital for India's transformation into a $7 trillion economy by 2030, and aligning education with innovation, industry needs, and the Digital India vision will make Indian youth globally competitive.
- Cybersecurity is crucial in the digital age, with AI-based systems effectively detecting suspicious transactions and enhancing cybersecurity measures.
- Chandigarh University, Uttar Pradesh, strives to develop future global leaders, focusing on sustainability and multidimensional academic programs that cater to various sectors, including data-driven insights, AI, and entrepreneurship.
- The event also highlighted the role of technology, finance, and education-and-self-development in driving employment, innovation, and economic growth, shaping India's future by 2030.
