Addressing FICCI’s 96th Annual General Meeting and Annual Convention, on the theme- ‘Engaging with the World’s Growth Engine’, the panel unravelled answers to an important question- ‘what is the India moment?’
Moderator Ashok Malik, Partner and Chair of the India Practice, The Asia Group, set the tone by mentioning an iconic shift that the global economic landscape is facing in today’s times, where India is poised to take the centre stage amid rapidly changing geopolitical dynamics.
Discussing India’s opportunities and challenges with respect to the Middle East, Dr Abdulnasser Jamal Alshaali, Ambassador Embassy of UAE, mentioned a growing economic relationship. UAE was India’s third largest trade partner. The two countries are exploring cooperation in newer sectors like agriculture, pharmaceutical, cloud seeding, defence and Artificial Intelligence.
Alex Ellis, British High Commissioner to India, emphasised on big scale transformation for a developing economy like India. He elaborated on the “India Moment” and enthused the audience with his optimism for an “India Time”. With India being the second largest investor in the UK, there has been internationalisation of our existing economic relationship with renewed focus on technology cooperation, supply chain management, expansion of export markets, he noted.
Adding to the discussion, Indonesian Ambassador Ina Krisnamurthi celebrates the 75th anniversary of cordial India-Indonesia relations. She further emphasised that Indonesia is very supportive of India's Millets campaign and Indonesia is one of the largest importers of India's Millet.
Kenneth Felix Nobrega, Ambassador of Brazil, said, "Brazil and India have adopted a new technological approach in the energy sector and are moving together towards transition goals in electrical energy and ethanol.”
Japanese Ambassador Hiroshi Suzuki congratulated India for the resounding success of the G20 Presidency and launch of the Delhi Declaration.
Dr Samir Saran, President, Observer Research Foundation, said that India’s growth story has provided a new texture of dynamism. He focused on investing in 21st century institutions, building state-of-the-art facilities and developing partnerships with African nations. This will continue the momentum of India’s moment to make it “India’s time”.