Towards a $5tn economy:

The quest for ABDCE( A billion dollar company in education): to help n India’s March towards a $5 trillion economy. 

As we begin the New Year, it is time for reflection and making future plans, and pursuing the goal ( not the dream) f India becoming a trillion dollar economy by the year 2024. There are a large number of ‘professional pessimists’ in whose view these are very bad times, and we are headed for much worse, and the 5 trillion dollar Indian economy is a pipe dream. That attitude is self-fulfilling, and the coming years could  confirm their worst fears.

At the other end of the spectrum are perennial optimists who always think that the future is several orders of magnitude brighter and full of opportunities. These are the ones who launched satellites, put a man on the moon and recently on October 23rd Google achieved Quantum Supremacy, meaning thereby that their 54 Qubit Sycamore Quantum Computer could do a calculation in 200 seconds, that the fastest classical super computer, the Summit would have taken 10,000 years. This event has probably a much greater significance that a man landing on the moon. Just imagine what is coming in this decade. 

We are already in the era of reusable rockets and soon commercial space travel. About 400 years ago, the famous Isaac Newton had put it beautifully. “ I do not know what I may appear to the world, but to myself, I am like a child on the seashore, looking now for a smoother pebble it a prettier shell, while the vast ocean of truth lay undiscovered before me.” 

As we begin the 3rd decade of the 21st century, there is a vast ocean of opportunities to be explored and exploited, and learning is the most crucial element for leadership in the knowledge, creative and innovation economy. 

This is the right time to work towards creating a great educational enterprise with huge revenues and valuation. 

Evan Williams had identified the formula for building such an enterprise. 

Take a human desire, preferably one that has been around for a really long time…Identify that desire and use modern technology to take out steps…..Evan Williams (

The following text is extracted from the famous book ‘ Schools that Learn’ by Peter Senge ” The drive to learn is as strong as the sexual drive,” writes anthropologist Edward T Hall ” It begins earlier and lasts longer.” The drive to learn: an interview with Edward T Hall Santa Fe Lifestyle ( Spring 1988) pp 12-14 ( )

In the coming decade, the stages of education will change from the multiple stages that we have today to the 3 broad stages of (a) pre-natal, neo-natal and pre-school learning (b) becoming an autonomous self-directed learner during school, college or university and (c) becoming a lifelong learner. 

According to Kim and Mauborgne, authors of ‘ Blue Ocean Strategy’ competing in overcrowded industries is no way to sustain high performance. “ Lifelong Learning” is the Blue Ocean in education space. 

The new education policy 2019 draws attention to the importance of lifelong learning first in its very first page at the third paragraph :0.3. Indeed, with the quickly changing employment and global ecosystem, it is becoming increasingly important that children not only learn, but learn how to learn.  It is again mentioned in its para 4.5. “The key overall thrust of curriculum and pedagogy reform across all stages will be to move the education system towards real understanding and learning how to learn.”

Thomas Frey, the senior futurist at the Da Vinci Institute think tank has been predicting that by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet, This is the result of disruptions in education caused by Technologies Disruptively Transforming Education :5G: very high bandwidths with low latency ( death of distance)

Big Data : learning analytics : search, compare, rate, review : recommendation engines, Blockchain : Smart contracts ; EDU-blocks, Augmented & Virtual Reality: immersion learning, AI and Machine learning : Watson, Chatbots etc. 

A major disruption will be the evolution and proliferation of Co-learning space and Emerging Technologies Experience Centres: 

Such a centre is a dedicated flexible physical space, with a better learning environment than either home or a traditional classroom, conducive to self-directed learning, where a number of co-explorers who are eager to be well prepared for the 21st century can find others members with similar dispositions  and it becomes a co-learning space for the AI and emerging technologies learning community.

Levels of such centres :

“Co-learning Space and Emerging Technologies Experience Centre”:

Level 1: All learning resources and infra-structure and experiencing as well as developing new Alexa Skills. Experiencing Virtual Reality with Oculus. Experiencing Augmented Reality. 

Level 2: Level 1+ Hands-on Indipi, Smarthomes, Deeplens etc.

Level 3: Level 2+ Developing AI solutions/ projects from IBM, Amazon and Microsoft cloud resources

Level 4: Level 3+ Quantum Computing: knowledge resource base and cloud services from Microsoft, Amazon and IBM

This is also an important element in India’s March towards a $5 trillion dollar economy :

If you find this challenging and worth your while to pursue this niche in entrepreneurship, feel free to contact me by sending a WhatsApp message at : 9810073724

About mmpant

Prof. M.M.Pant has a Ph.D in Computational Physics, along with a Professional Law Degree, and has been a practitioner in the fields of Law, IT enabled education and IT implementation. Drawing upon his experience in world class international institutions and having taught in various modes of Face-to-Face, Distance Learning and Technology Enhanced Training, Prof. Pant is now exploring the nature of institutions which will be successors to the IITs, which represented the 1960s, IIMs, which represented the 1970 and Open Universities which were the rage of 1980s & 90s. He believes that the convergence between various media and technologies would fundamentally alter the way learning would be created, packaged, and delivered to learners. His current activities are all directed toward actual implementation of these new age educational initiatives that transform education in the post Internet post WTO era.. Prof. Pant, has been a Former Pro-Vice Chancellor, Indira Gandhi National Open University (IGNOU) and has been on the faculty of IIT – Kanpur (the premier Engineering institution in India), MLNR Engineering College and Faculty & Visiting Professor - University of Western Ontario-Canada. He has been visiting scientist to research centers in Italy, England, Germany & Sweden and has delivered international lectures with about 80 papers published. During his association of almost 15 years with the IGNOU, Prof. Pant has served as the Director Computing and has been the Member of All Bodies (i.e. School boards, Academic council, Planning board, Finance committee and the Board of management). With his interest in Law, backed with practice of Law in a High Court, and his basic training in Science and IT, Prof. Pant has been particularly interested in the Cyber Law, Patent & trade mark issues, Intellectual Property Rights (IPR) issues etc. and has been involved with many activities, conferences on “Law & IT” Prof. Pant is presently; • Advisor to Media Lab Asia - Chairman of working group on ICT for Education, chairman of PRSG handling projects on ICT for education. • Lead Consultant for an ADB funded project for ICT in Basic Education in Uzbekistan • Member of the drafting Group for India’s National Policy on ICT in education • Chairman of the group creating books for class 11 and 12 students on ‘Computers and Communication Technology’ appointed by the NCERT • Preparing a ‘Theme Paper” for the NCTE in the area of ICT and Teacher Training • Advisor and mentor to several leading Indian and Multi-national Companies in the area of education. Prof. Pant has in the recent past been ; • Member – Board of Management – I I T, Delhi for 6 years (two consecutive terms) • One-man committee to create the Project Report & Legislation for Delhi IT-enabled Open University • Advisor to the Delhi Government on Asian Network of Major Cities Project (ANMC-21) distance learning project in association with Tokyo Metropolitan Government. • Chairman Board of Studies, All India Management Association With his mission to create and implement new business opportunities in the area of e-learning & learning facilitation, Prof. Pant has promoted Planet EDU Pvt. Ltd., as its Founder & Chairman, along with a team of highly experienced and skilled professionals from Education & Training, Operations, IT and Finance.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply