India faces the challenge of creating formal jobs and migrating people from the informal to the formal sector, said N Chandrasekaran, chairman, Tata Sons.
He pointed out that creating jobs in the formal sector is a bigger problem than lack of jobs.
The problem, he added, arises from the lack of access to services, including healthcare, education and financial services. Therefore, if the accessibility part is addressed effectively by going digital, it will lead to more jobs.
Chairman of the $103 billion conglomerate, the largest employer in the private sector, he was addressing delegates from technology start-ups and the information technology sector at