Businesses want more consistency in regulations across borders.
Economic growth is barely noticeable in most parts of the developed world. Britain’s possible exit from the European Union has created fresh challenges for policy makers. China is in the midst of internal economic readjustments, and India seems to be one among the very few bright spots in terms of growth potential. In an exclusive interview to Business Today’s Joe C. Mathew and Rajeev Dubey, John B. Veihmeyer, Global CEO of KPMG, explains why global CEOs perceive India as a high-growth market worthy of investments, the possible fallout of Brexit, and more. Excerpts:
Has the global economy started recovering?
We just released our global annual CEO survey, and it has a pretty optimistic view from CEOS about prospects going forward. Compared to last year, of the over 1,300 CEOS in 10 countries that we surveyed, above 80 per cent are very confident about the growth prospects of their companies in the next three years. Since this was in the low 60 per cent a year ago, it shows the confidence CEOS have in their ability to transform their companies and make use of the opportunities the marketplace provides. So, it’s pretty optimistic.
Are growth prospects in Asia and Africa the reasons for this optimism? Or does this include developed countries as well?
Optimism exists across regions.
How is the (Narendra) Modi government seen in the US and other markets? How far has India become easier to do business with?
The perception of India outside India has been very positive. Prime Minister Modi has been a key contributor to that increased positive perception. Just from the US perspective, he has been very engaged, very active. Visible, accessible to US business leaders and, frankly, he has done a very good job of creating a perception of confidence in the growth and the opportunities in India.
Denne historien er fra October 23, 2016-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 23, 2016-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
