ET GBS: Super optimistic about India, say global CEOs
India is the epicentre of global growth and transformation, with its vast opportunities across sectors, most notably in digitalisation, aviation and sustainability, top CEOs said at a panel discussion at the Economic Times Global Business Summit 2023 on Friday.
The panel, consisting of the heads of global corporations, pegged India to be the skills hub of the world. They also said the South Asian nation stands to benefit from the diversifying of supply chains underway across the world.
“I'm super optimistic about India … there is no other place in the world where we have invested more than in India over the past 20 years. India is the epicentre of faster transformation, faster growth,” said Jean-Pascal Tricoire, chairman of Germany’s Schneider Electric that employs 35,000 people in India now.
“I see a lot of potential here because if you look at the future of energy, it's about digitisation, IoT, smart buildings,” he said, adding: “Which other country is better tuned to digitise everything than India?”
Ben Driggs, chief executive of global high growth regions at Honeywell, pointed to the growth in India’s aviation sector, underlined by the recent order of around 500 aircraft by Air India.
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