“The drivers of margin accretive growth are relentless cost and value engineering; quality of revenue, new business models and scale benefits,” he said at the event which was held on the theme “India’s Century: How to Drive Sustainable, Inclusive Growth?”.

Companies must choose growth mindset, constantly evaluate resource allocation, pursue adjacent opportunities, serve global markets, he said.

NITI Aayog former CEO Parameswaran Iyer said the Centre wants to create facilities that would remove the divide between villages and cities and government would be an enabler and not implementer.

India is on the path to become a developed nation, thanks to its economy, sound macro-economic fundamentals, robust public finance, strong manufacturing, export growth and leadership in climate action, he said.