Dual engines to power India's global drive: Christophe De Vusser, Global Managing Partner & CEO, Bain & Co

Economic Times
Economic Times
2M ago
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India is positioned to lead global economic growth through a rising middle class and expanding trade role. This matters as it offers a stable growth alternative amid global uncertainties.
Dual engines to power India's global drive: Christophe De Vusser, Global Managing Partner & CEO, Bain & Co
A What happened
In an interview, Christophe De Vusser, Global Managing Partner and CEO of Bain & Co, discusses India's potential to drive global economic growth through two key engines: a rapidly expanding middle class and a significant role in global trade and manufacturing. He notes that while global trade dynamics are shifting, India stands out as a country capable of achieving substantial growth at scale. De Vusser emphasizes the need for Indian companies to adapt to changing tariffs and trade rules while maintaining competitiveness in cost and product quality. He also highlights the importance of investing in skills and innovation to capture a larger share of global manufacturing. Despite challenges, India's fundamentals remain strong, attracting long-term capital and positioning it as a compelling investment story.

Key insights

  • 1

    Rising Middle Class: India's growing middle class is a key driver of economic expansion.

  • 2

    Global Trade Role: India's expanding role in global trade presents significant opportunities.

  • 3

    Need for Adaptability: Indian companies must adapt to evolving trade dynamics and tariffs.

Takeaways

India's dual engines of growth position it uniquely in the global economy, offering opportunities for substantial economic expansion if companies can adapt to changing conditions.

Topics

Technology & Innovation Artificial Intelligence Business & Markets Economy

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