Chandigarh, entrepreneurship presents a viable path to economic rejuvenation and a thriving business ecosystem can drive sustainable growth, said Trishneet Arora, Founder Lead Cyber ​​Security, TAC Security.

Arora believes that fostering an entrepreneurial culture can be the key to revitalizing Punjab's economy and addressing its financial problems, and that the path to Punjab's prosperity lies in collaboration between entrepreneurs and the government.

She envisions a synergistic relationship in which the government provides the necessary infrastructure and policy support, while entrepreneurs drive innovation and growth.

This partnership can create an enabling environment for businesses to thrive and ultimately benefit the state's economy, she said.

“Technology and artificial intelligence have the potential to revolutionize agriculture in Punjab by improving productivity, reducing costs and ensuring sustainable farming practices,” Ella Arora said.

TAC Security is listed on the National Stock Exchange (NSE) and has a market capitalization of Rs 800 crore.

The government, for its part, must recognize the potential of entrepreneurship as a catalyst for change and work to create an environment that encourages and supports business innovation, she said.

With a staggering debt of Rs 3.74 lakh crore, the state's financial health is in urgent need of rejuvenation, she said.

Punjab's economy has traditionally been driven by agriculture. However, the need for diversification is more pressing than ever, she said.

“With precision farming techniques, real-time data analytics, and AI-powered crop management, farmers can optimize their resources, predict yields, and mitigate risks more effectively.

"Embracing these advancements will not only boost agricultural production but also improve the livelihoods of our farmers, making Punjab a leader in modern agriculture," she said.

By providing mentorship, investing in education and fostering a conducive business environment, the government can pave the way for the emergence of new business leaders, she said.

One of the pressing challenges facing Punjab is the exodus of its youth in search of opportunities abroad. To stop this brain drain, Arora emphasizes the need to create an environment where young talents see a future within the state.

This involves not only job creation but also fostering innovation hubs, providing access to capital for startups and ensuring robust infrastructure, she said.

“By showcasing successful local models and creating avenues for growth and development, we can motivate our youth to stay and contribute to the progress of Punjab,” she said.

Arora was named to the Forbes 30 Under 30 Asia list in 2018 and appeared in Fortune India's 40 Under 40 list of India's brightest business minds in 2019.

In a notable recognition, the Mayor of Santa Fe, USA declared August 25, 2017 as “Trishneet Arora Day” in honor of her vision towards the future of cybersecurity. Additionally, she has been included in GQ's list of The 50 Most Influential Young Indians along with notable entrepreneurs such as Akash Ambani.