India is currently viewed as the most exciting and compelling market globally, primarily fueled by its talent, infrastructure, community, and knowledge. This sentiment was expressed by Times Internet Vice Chairman and The Times of India Board Director, Satyan Gajwani, at the Economic Times World Leaders Forum (WLF).
Gajwani highlighted that India "TICKs" all the boxes, referring to Talent, Infrastructure, Community, and Knowledge as the country's core strengths. He emphasized that these strengths are enduring and will not be easily diminished. He noted that India is no longer perceived as a struggling nation but as a country rapidly advancing to become the third-largest economy in the world. This transformation is evident in the increasing number of global corporations seeking a presence in India through high-tech global capability centers.
India's economic confidence is deeply rooted in its history of overcoming adversity. Despite facing centuries of invasion and colonialism, India has emerged as a nation poised to become the world's third-largest economy. Gajwani emphasized that the people of India are its greatest strength, showcasing the nation's ability to transform crises into opportunities. He cited examples ranging from successful missions to Mars to Indian-origin CEOs leading multinational corporations and entrepreneurs shaping new industries.
Gajwani also lauded Prime Minister Modi's leadership, stating that he has taught a billion people to dream big and shed the baggage of their past. He described Modi as a leader who safeguards the nation as an island of stability and growth in a troubled neighborhood and a statesman whom the world looks up to for solutions.
Furthermore, Gajwani pointed out that India is a role model for effective grassroots delivery, largely because Prime Minister Modi has championed the use of technology to extend benefits to the less privileged. He highlighted the success of the "Make in India" initiative, noting that Apple's manufacturing ecosystem alone is projected to create 600,000 jobs in India by the end of the fiscal year. This, he believes, is just the beginning of what India can achieve.
While acknowledging India's progress, Gajwani urged the nation to balance self-reliance with global cooperation in preparation for an unstable world order. He praised initiatives like Operation Sindoor and reforms such as the planned GST revamp. Gajwani also observed a shift in perception, noting that young Indians are now eager to build their careers and businesses in India, and global companies are recognizing India as a key priority market. This is a significant change from the past when many of India's brightest minds sought opportunities abroad.
