The Founder, Chairman
Emeritus, and Chief Mentor of 63 moons technologies limited, Jignesh Shah, is
an innovator who opened up various opportunities
for India. He wanted to bring development in the country, while, at the same
time, enriching him and his flagship product as a subsidiary, and also creating
millions of job opportunities for the Indian citizens to help the society. He
developed a Public-Private Partnership (PPP) model to build world-class financial
institutions and modern IP-centric financial markets that later became the
instruments to change the contours of exchange trading in India and other
emerging economies from Africa to Asia.
The
‘Make in India’ campaign is a crucial initiative by our Prime Minister Narendra
Modi that aims towards creating a million jobs and a million opportunities.
This initiative was launched soon after he came to power, on September 25,
2014. The goal was not just generating jobs but also, skill enhancement and improving
the standard of living while minimizing the impact on the environment. Before
this campaign was launched, JigneshShah’s Financial Technologies India Limited (FTIL) was already narrating
an ecosystem that followed the ‘Make in India’ ideology.
FTIL (Financial Technologies
India Limited): There were many
Trading terminals of FTIL spread across the nation. Each of these terminals had
employed around 2 to 3 people. FTIL’s ODIN ran about 3.5 Lakh (350,000)
terminals at one given time, creating nearly 7 Lakh (700,000) jobs.
MCX (Multi Commodity Exchange): MCX had an impact on the rural
areas. Not only it created numerous jobs in the Exchange industry and
trading-related activities but also spun off a number of
jobs in the Commodity Market Value Chain. The various jobs available were in
Distribution, Grading, Assaying, Valuing, Warehousing, Finance, Risk Management
and related activities.
NBHC
(National Bulk Handling corporation): NBHC
is India's leading provider of integrated commodity and collateral management
services. Over the years, it has created substantial job
opportunities in the rural areas. Also, NHBC’s efforts helped to cut
off the middleman and maximise the farmers’ profits by providing them
with the best possible price.
IEX
(Indian Energy Exchange): IEX provides electricity at better pricing and has
better distribution strategies. IEX’s efforts have helped a lot of small-scale
industries to sustain, thus, opening up more job opportunities.
Eco-system verticals:
Initiatives of Jignesh Shah likeTicker and Atom have generated job opportunities across the value chain.
Financial Technologies Knowledge Management Company (FTKMC) was set up for knowledge
enhancement and skill development that trains youngsters and professionals to
make them capable of finding better-paying jobs.
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