AVM, in keeping with its commitment to fostering holistic student development, inaugurated the AVM Talk Series program for the 2023-24 academic year. The second session’s title of the series was “Analysis of Emerging Sectors of Indian Economy” and was delivered by the very passionate and gifted Arvind Sir. The school auditorium was abuzz with excitement as students from grades 10, 11, and 12 gathered at 4:00 pm on Thursday, the 12th of October, 2023.
Arvind Sir’s sessions at AVM have indeed become the cornerstone of our quest for knowledge about the growth opportunities our country offers, drawing from his rich personal experiences. In this latest instalment, his primary focus was on unravelling the intricate web of economic dynamics, with a particular spotlight on how these forces mould the Indian economy in response to domestic and international market trends.
Setting the stage for this enlightening session, we were honoured to have Vijay Sir, whose role extended beyond revisiting and reinforcing previous concepts. Vijay Sir masterfully delineated a broad spectrum of learning objectives that encompassed honing analytical skills, staying nimble in response to contemporary market demands, and more. His insights ensured that all participants comprehended the significance and goals of this insightful gathering.
Arvind Sir, then, navigating us through the intricate landscape of recent economic developments, from India’s overall industrial growth to tantalising glimpses into future economic projections and the key sectors steering this progress, his narrative was both enlightening and thought-provoking.
In the world of commerce, some companies lean on frequent government recapitalization to maintain their financial momentum, while others have honed their prowess to generate revenue from their operational activities. Yet, in the backdrop of these successes looms a formidable challenge that besets many of today’s emerging economies – persistent deficits arising from revenue shortfalls compared to ever-expanding expenditures.
The session also shone a spotlight on remarkable opportunities within the industrial sector, where renewable energy takes centre stage. Driven by cost reductions and the relentless march of technological advancements, renewable energy emerges as a prominent choice. It’s a realm where the establishment of infra-tech and centralised control systems is not just an option but a pressing necessity.
Adding further dimensions to the discussion were Infrastructure and Electronic Manufacturing Systems. These domains have metamorphosed from decades of struggle into thriving opportunities. They play pivotal roles in the pursuit of export maximisation, aided by a burgeoning population, increasing income, and a growing need for expanded infrastructure.
In conclusion, Arvind Sir’s guidance extends beyond the classroom, empowering individuals to think critically and analyse situations. His emphasis on considering potential consequences when making decisions is a beacon that guides us away from future pitfalls and mistakes.
Written by: Aryan Jasoliya, Veer Modi (Grade 11)
Students’ Reflections
“Once again, we had an enthusiastic session regarding sector wise analysis of Indian economy by Arvind Sir. In this session, he briefly explained us on why to choose a career that will work for a long-term period. Moreover, he pointed out how we can increase our local employment by just manufacturing the capital goods in the country.” Rudra Patel, Std 11
“In this second insightful session, Arvind Sir helped us understand about the long-term effects of our decision making to avoid error in our financial planes. He helped us understand how growth drives further growth through the case studies of PLI (Production Linked Incentive) policies introduced by the Government of India, which helped businesses to grow by promoting backward integration to avoid importing. The session gave us a vision to develop capacities to help grow ourselves and the country.” Tanmay Parmar, Std 11
“During the session, Arvind Sir gave us a sublime advice about choosing our career thoughtfully, as that will not only help avoid unnecessary mistakes but will also help us achieve success in the field.” Krutarth Patel, Std 11
“A bad business is forced to die by the consumers. Once inefficient companies shut, resources available increases, production increases & hence economy increases.
A problem = an opportunity
A huge problem = huge opportunity.” Krishn Patel, Std 11
“In this session, Sir again came up with some mind-boggling things which made us excited to the highest level. He told us something which was unknown to us, i.e. Japan & USA has more percentage of total debt than India. These powerful & developed countries have the percentage of more than 100, whereas India has that percentage less than 100! We all think that in USA, the standard of living is very high but after the session we came to know that a considerable number of people in USA live in tents on roadsides!
Earlier in India, thermal power was used at an extensive rate but now in modern India, use of solar power & wind power is increasing at a high pace. One reason is that the technology for solar & wind power has become cheaper than thermal power and what drives it even further are the tactfully designed policies of the Government of India.
At last, I would say that it was a highly educative, motivational & an exciting experience. Nirnay Aggarwal, Std 12
“Learn skills even if you get less pay for a short time, else in long term you will have stagnant growth. In investing, you have to be in a sun rise sector, be out of the sun set sector, period. Neel Talaviya, Std 12
“PLI (Production Linked Incentive) scheme gives direct benefit based on the production and also based on how much more backward compatible the product is! PLI is expected to reduce import dependence of about ₹1.37 lakh crores in the solar PV modules sector alone! Increase in deficit for a growing economy like India is good because it is fearlessly spending on the growth of the country. Infrastructure development and large-scale rural electrification has led to growth of even the smallest of businesses like ice-cream vendors in remote villages. Dhruv Jadwani, Std 12
