He has seen the India growth story from close quarters. Bob Moritz, who has been visiting the country for more than three decades, remains upbeat about what lies ahead for the country. The 59-year-old Global Chairman of PwC, who joined the professional services network in 1985, likes what is being done on digitisation in India and believes that the country’s talent pool is impressive. That said, the current global uncertainty means a new role for the country in the world order. The PwC veteran says that India has to make a mark for itself in this new global framework. In a freewheeling chat with Business Today’s Krishna Gopalan, Moritz outlines his views on inflation, disruption, China, ESG and, of course, India. Edited excerpts:
Q: You have seen many a phase in your long career. From a global point of view, what is remarkably unique about the period that we are in today?
A: I would say the biggest moment that we have is the existence of two phenomena. One, the C-suites of governments and corporates are facing an enormity of challenges to deal with. All this is coming with tremendous speed and impact. The question is, are we going to make the right decisions, be agile and move in the right direction, or will we miss the opportunity?
On the other side, you see the world going through some seismic shifts with the demographics changing dramatically both in terms of size and the rise of those in the lower class and middle class. You see a polarisation of the world as the haves and the havenots, from a political and economic perspective. You see the implications of technology and climate, plus a combination of this changing the labour force.
Diese Geschichte stammt aus der March 05, 2023-Ausgabe von Business Today India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 05, 2023-Ausgabe von Business Today India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky