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The event gathered a diverse audience of industry leaders, ministers, academicians and observers in the capital who discussed the hopes and expectations from the Modi government.

The panelists at the summit deliberated the expectations and challenges from Indian and foreign companies, women and other stakeholders and discussed how the new prime minister will approach the task of getting India's economy moving again over the next five years.

"Overall we had a full day of strong and frank conversation, with some lively debates between panelists, as well as a great deal of interaction with the audience. That the room remained packed until the end was a testament to the usefulness of the day", said Adam Roberts, The Economist South Asia bureau chief.

Gurcharan Das, author and columnist participating in the session on India's challenges said that prime minister Modi had given wind to the sails of the bureaucracy who are now more upbeat and are working to clear projects.
"Modi is an implementer. He may not be a classical reformer but he is a modernizer. He is more like Lee Kuan Yew," he said.

In another session on India's internet economy, senior leaders from the sector commented about how the internet has disrupted each and every sector because of its innovation and development of technology. "The penetration of internet market might not be very deep but in absolute numbers, it is huge and is still growing," said Amit Agarwal, vice president and country manager, Amazon.

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Source: IANS