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Mumbai: Advancements in artificial intelligence and manufacturing are set to shape India's future and uplift communities as the country stands at a pivotal moment of economic opportunity and social progress, Tata Sons chairman N Chandrasekaran has said. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping "AI will play an increasingly transformative role, particularly in healthcare and mobility, delivering solutions that benefit humanity as a whole. At the same time, manufacturing is poised to drive India's economic transformation ," Chandrasekaran said in his year-end message to Tata Group employees. "Global supply chains are shifting in India's favour, with businesses prioritising resilience over efficiency. What once seemed like a short-term reaction to the pandemic has evolved into a long-term strategy, positioning India-with its vast talent pool and growing manufacturing capacity-at the centre of this global rebalancing," he said. As 2024 draws to a close, it leaves behind a world marked by geopolitical instability and cautious optimism in the macroeconomic outlook, he said. Conflicts in Ukraine, Gaza and Sudan have continued to cause humanitarian crises, while citizen-led movements in countries like Bangladesh and South Korea shaped their political landscapes. "Amid these global disruptions, issues like immigration, technology and global trade remain at the forefront, with tariffs once again commanding leaders' attention," Chandrasekaran said. He said the Tata Group is committed to creating 500,000 manufacturing jobs over the next five years and this ambition is fuelled by strategic investments in key facilities across India, including factories dedicated to producing batteries, semiconductors, electric vehicles, solar equipment and other critical hardware essential for tomorrow's economy. "In addition to manufacturing, we aim to generate numerous service-oriented jobs in retail, technology, airlines and hospitality," Chandrasekaran said. "This vision is not just about growth for our group or India; it represents hope for the one million young people entering our workforce every month," he said. Manufacturing, with its powerful multiplier effects, has the capacity to create significant indirect employment opportunities, particularly in high-impact sectors like semiconductor production, he added. "Beyond these global events, 2024 holds a more personal significance for our group. This was the year we lost Ratan Tata-a visionary leader whose integrity, personality and strategic foresight defined our business for a generation. For me, personally, it was the loss of a cherished mentor and friend," Chandrasekaran said. Under Tata's encouragement, the group made bold strategic bets that are now bearing fruit, particularly in hi-tech industries and manufacturing, he said. "This year alone, we initiated construction on seven new manufacturing plants, including India's first semiconductor fabrication facility in Dholera, Gujarat, and a semiconductor OSAT plant in Assam. Other milestones include an electronics assembly plant in Narasapura, Karnataka; an automotive plant in Panapakkam, Tamil Nadu; battery cell manufacturing factories in Sanand, Gujarat, and Somerset, UK; and the C295 final assembly line in Vadodara, Gujarat. Additionally, solar module production began in Tirunelveli, Tamil Nadu," he said. 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TCS and Tejas Networks delivered the first indigenous 4G mobile telecom stack for BSNL and are poised to drive advancements in 5G. Air India has successfully integrated four airlines into a unified group, while Indian Hotels ' Taj brand remains one of the strongest hotel brands globally. Also, Tata Motors introduced a new model for predicting the real-world range of electric vehicles, leveraging data from connected vehicles, traffic, infrastructure, and user driving patterns. (You can now subscribe to our Economic Times WhatsApp channel )Pet passports for dogs, cats and ferrets to travel within UK ‘an outrage’

Education Above All (EAA) Foundation, the OECD Network of Foundations Working for Development (netFWD), and Fundacao Getulio Vargas’ Division for the Development of Public Management and Educational Policies (FGV-DGPE) co-hosted a high-level event, 'Catalysing Change: Education’s Role in Building a Just and Sustainable Future,' during the G20 Leaders’ Summit in Rio de Janeiro. The event highlighted the essential role of education in addressing climate change and advancing equality, aligning with Brazil’s G20 Presidency theme, 'Building a Just World and a Sustainable Planet,' a statement said. The event brought together global leaders, educators, climate and health experts, and youth advocates to explore how education can drive resilience, equity, and sustainability across global agendas. The two-part event fostered meaningful dialogue and actionable insights on the transformative power of education. A high-level breakfast featured opening remarks from global leaders, emphasising the connection between education, climate, and health as foundational pillars for a resilient and equitable future. Following the opening, a round-table discussion focused on integrating education into climate and health policies to effectively address today’s most pressing challenges. During a technical session, panel discussions and workshops explored topics such as innovative financing for education, climate-resilient learning, the role of foundations in sustainable development, and youth-driven advocacy for systemic reform. They highlighted strategies to incorporate education into climate adaptation efforts and public health preparedness, reinforcing its central role in addressing global inequalities. Mohamed al-Kubaisi, acting CEO of Education Above All Foundation, said: “To achieve sustainable development goals and ensure equitable access to quality education, we must prioritise innovative financing solutions and collaborative approaches. EAA has provided educational opportunities to over 19mn out of schoolchildren and youth across 60 countries, leveraging nearly $3bn in co-funding through strategic partnerships. Closing the gap faced by over 260mn children and youth worldwide without access to education is critical for building a resilient, sustainable future.” Henrique Paim, director of the Public Management and Educational Policy Development Division at Fundacao Getulio Vargas, stated that education is a cornerstone in addressing persistent social, environmental, economic, cultural, and ethical challenges. To achieve this, he emphasised the need to develop and strengthen pedagogical practices that are forward-looking and adaptable to today’s rapidly evolving, innovation-driven landscape. Federico Bonaglia, deputy director of the OECD Development Centre, underscored the importance of addressing today’s global challenges and calls for a more inclusive multilateral system that amplifies voices from the Global South and inclusive partnerships that engage a diverse spectrum of actors, including philanthropy. Related Story EAA in discussions at G20 Summit Qatar participates in opening of Knowledge Summit 2024 in Dubai