India Economy Can Expand 10% Says Niti Aayog's Panagariya

The video discusses the potential threat of automation to jobs, particularly in India, and the process required to move from laboratory innovations to commercial applications. It highlights the challenges faced in automating certain tasks, such as in the clothing and footwear industries, where cost-effectiveness is a major barrier. The speaker suggests a 15-year window to focus on labor-intensive activities to boost economic growth, drawing parallels with China's economic development.

What examples does the speaker provide to illustrate the current state of automation in industries?

In what ways does the speaker suggest that economies can grow through labor-intensive activities?