On the 14th March 2024, Prof. Subhendu Bhattacharya from the Pillai Institute of Management Studies and Research (PIMSR), Navi Mumbai, delivered an insightful lecture at Russell Square International College, Mumbai. The session, part of the college’s academic engagement series, focused on the theme “Dynamics of Digital Economy” and was attended by students and faculty from the management discipline.
Key Themes of the Lecture
Prof. Bhattacharya’s address explored the evolution of the global economic landscape and its transformative impact on human civilization. The talk revolved around several critical aspects, including:
- Economic Evolution:
- Tracing the progression of economic revolutions, from the agricultural and industrial eras to the knowledge economy of the 21st century.
- Highlighting the consequences of these shifts on society and economic structures.
- Digital Economy and Global Trends:
- Examining the emergence of the digital economy in a globally connected world.
- Insights into Globalization 4.0 and Industrialization 4.0, focusing on technological advancements and their impact on industries and economies.
- India’s Digital Transformation:
- Discussing India’s strategic initiatives to empower its citizens through digital technologies.
- Presenting data on internet connectivity, broadband service penetration, and mobile phone usage in India.
- Showcasing how Indian youth are leveraging technology to create opportunities and drive innovation.
- Vision for India’s Future:
- Emphasizing India’s aspirations to become a global leader by 2047.
- Stressing the importance of policy support, technological empowerment, and the contribution of aspirational Indians to achieving this vision.
Key Takeaways
The lecture provided students with a comprehensive understanding of the digital economy’s dynamics and its implications for the future. Prof. Bhattacharya’s data-driven approach, combined with his ability to relate complex concepts to real-world scenarios, made the session engaging and thought-provoking.
Students and faculty at Russell Square International College commended Prof. Bhattacharya for his in-depth analysis and visionary outlook on the role of the digital economy in shaping a better future.
The event reinforced the importance of such discussions in preparing management students for the challenges and opportunities of a rapidly evolving global economy.
