Venu Srinivasan: Green mobility, AI will drive business innovation
Venu Srinivasan, Chairman Emeritus of TVS Motor, was conferred the Lifetime Achievement Award at the 25th EY Entrepreneurs of the Year Awards in Mumbai on Friday, February 23.
While identifying key trends shaping the industry, Venu Srinivasan, Chairman Emeritus of TVS Motor, underscored the significance of green mobility and artificial intelligence (AI) in India's growth story.
Speaking to CNBC-TV18 on the 'yellow carpet' of the 25th edition of the EY Entrepreneurs of the Year Awards, he predicted that these advancements would be pivotal in driving the mobility sector, with AI expected to influence every aspect of business operations.
“Green mobility and artificial intelligence, I think these are the two things that will drive the mobility business, but artificial intelligence will be driving every business,” he noted.
Venu was honoured with the Lifetime Achievement Award at the event held in Mumbai on Friday, February 23.
Reflecting on this recognition, Srinivasan emphasised the collective effort behind the institution's success, stating, "... thousands of people have worked to build this institution, and therefore I am receiving it on their behalf."
On India's prospects, Venu expressed optimism, highlighting the remarkable progress made in the last decade. He forecast even greater opportunities in the next 25 years, suggesting a potential threefold growth compared to the recent past.
He emphasised the importance of agility and innovation in navigating the increasingly volatile and uncertain business landscape.
Regarding TVS Motor's future goals, Srinivasan deferred to the next management, indicating a desire for continued growth aligned with India's trajectory.
First Published: Feb 23, 2024 8:34 PM IST
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