Latest news with #Indophile
Time of India
11 hours ago
- Business
- Time of India
India can be a Global Unifying Force to be Reckoned With: Bob Sternfels
Live Events India's big opportunity lies in being a global unifier that brings together countries and regions that may not otherwise be in harmony with each other, said Bob Sternfels, global managing partner at McKinsey & Co. It could not only be the link between the US and China but also with other parts of the world, Sternfels, 54, told ET in an interview, underscoring the benefits of the country's youth.'Increasingly, India's leading companies are global companies, not just Indian companies,' said Sternfels, a self-confessed Indophile. 'So, the upside is real — if India can walk that tightrope, staying connected to everyone, that's the real opportunity.'He said India's decade of 'miraculous progress' is unmatched in scale and speed, but it's now time for a gear shift.'It's like a marathon — most want to just finish. But the winners change gears in the second half. And, for India, the window is now, when India is young. India has around 30 years before it becomes an ageing society,' he said. 'Youth is India's advantage, and we need to move faster, not settle for 5.5% or 6% growth. Can we push for 7% or 8%?'The McKinsey CEO said the Indian economy needs a jolt to grow faster. The leap will come from increased capital and foreign direct investment (FDI), and an education system that prioritises learning agility over static knowledge, Sternfels is India's advantage, and we need to move faster, not settle for 5.5-6% growth.
Economic Times
12 hours ago
- Business
- Economic Times
India can be a global unifying force to be reckoned with: McKinsey's Bob Sternfels
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: India 's big opportunity lies in being a global unifier that brings together countries and regions that may not otherwise be in harmony with each other, said Bob Sternfels, global managing partner at McKinsey & Co. It could not only be the link between the US and China but also with other parts of the world, Sternfels, 54, told ET in an interview, underscoring the benefits of the country's youth."Increasingly, India's leading companies are global companies, not just Indian companies," said Sternfels, a self-confessed Indophile. "So, the upside is real - if India can walk that tightrope, staying connected to everyone, that's the real opportunity."He said India's decade of "miraculous progress" is unmatched in scale and speed, but it's now time for a gear shift."It's like a marathon - most want to just finish. But the winners change gears in the second half. And, for India, the window is now, when India is young. India has around 30 years before it becomes an ageing society," he said. "Youth is India's advantage, and we need to move faster, not settle for 5.5% or 6% growth. Can we push for 7% or 8%?"The McKinsey CEO said the Indian economy needs a jolt to grow faster. The leap will come from increased capital and foreign direct investment (FDI), and an education system that prioritises learning agility over static knowledge, Sternfels said.
Time of India
12 hours ago
- Business
- Time of India
India can be a global unifying force to be reckoned with: McKinsey's Bob Sternfels
Mumbai: India 's big opportunity lies in being a global unifier that brings together countries and regions that may not otherwise be in harmony with each other, said Bob Sternfels, global managing partner at McKinsey & Co. It could not only be the link between the US and China but also with other parts of the world, Sternfels, 54, told ET in an interview, underscoring the benefits of the country's youth. "Increasingly, India's leading companies are global companies, not just Indian companies," said Sternfels, a self-confessed Indophile. "So, the upside is real - if India can walk that tightrope, staying connected to everyone, that's the real opportunity." He said India's decade of "miraculous progress" is unmatched in scale and speed, but it's now time for a gear shift. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo "It's like a marathon - most want to just finish. But the winners change gears in the second half. And, for India, the window is now, when India is young. India has around 30 years before it becomes an ageing society," he said. "Youth is India's advantage, and we need to move faster, not settle for 5.5% or 6% growth. Can we push for 7% or 8%?" The McKinsey CEO said the Indian economy needs a jolt to grow faster. The leap will come from increased capital and foreign direct investment (FDI), and an education system that prioritises learning agility over static knowledge, Sternfels said. Live Events
Sydney Morning Herald
17 hours ago
- Sydney Morning Herald
Ten things I learnt on my first visit to India
I'm anxious about my first visit to India. Faced with its vast scale, history and humanity, its crowds, poverty and colour, I'm determined to channel Judi Dench's intrepid, open-hearted character from Best Exotic Marigold Hotel, Evelyn Greenslade. I fear, however, that I will quickly turn into Penelope Wilton's uptight and unadventurous Jean Ainslie, who soon flees back to her less challenging English homeland. My apprehension increases when I hear that even Traveller's resident Tripologist and Indophile, Michael Gebicki, has succumbed to illness while there, despite more than 20 visits. What hope is there for a first-timer like me? The journalist visa process is a frustrating jumble of red tape and clunky websites, and my first (domestic) flight is booked in the wrong direction. It feels like the universe is warning me not to risk it. I'm travelling with a small group on a brief yet unquestionably luxurious journey to Rajasthan with Abercrombie & Kent. The flight from Melbourne to Delhi is jam-packed with members of Australia's Indian diaspora, regarded as the nation's most successful. There are crying babies, pungent wafts of curry and a handful of passengers ignoring (or not understanding) the attendants' instructions to remain seated after landing, resulting in frustrated yelling from said attendants. It seems like another sign of the chaos that's undoubtedly to come. As we land at Indira Gandhi airport, I help a family laden down with bags and toddler paraphernalia until they get to passport control, where we part ways. But later, as I emerge with my own luggage into the arrivals hall, their young daughter spots me in the crowd, runs over and gives me the biggest hug – and suddenly I begin to understand the warmth of India's welcoming embrace. Here are some other things I learnt.
The Age
17 hours ago
- The Age
Ten things I learnt on my first visit to India
I'm anxious about my first visit to India. Faced with its vast scale, history and humanity, its crowds, poverty and colour, I'm determined to channel Judi Dench's intrepid, open-hearted character from Best Exotic Marigold Hotel, Evelyn Greenslade. I fear, however, that I will quickly turn into Penelope Wilton's uptight and unadventurous Jean Ainslie, who soon flees back to her less challenging English homeland. My apprehension increases when I hear that even Traveller's resident Tripologist and Indophile, Michael Gebicki, has succumbed to illness while there, despite more than 20 visits. What hope is there for a first-timer like me? The journalist visa process is a frustrating jumble of red tape and clunky websites, and my first (domestic) flight is booked in the wrong direction. It feels like the universe is warning me not to risk it. I'm travelling with a small group on a brief yet unquestionably luxurious journey to Rajasthan with Abercrombie & Kent. The flight from Melbourne to Delhi is jam-packed with members of Australia's Indian diaspora, regarded as the nation's most successful. There are crying babies, pungent wafts of curry and a handful of passengers ignoring (or not understanding) the attendants' instructions to remain seated after landing, resulting in frustrated yelling from said attendants. It seems like another sign of the chaos that's undoubtedly to come. As we land at Indira Gandhi airport, I help a family laden down with bags and toddler paraphernalia until they get to passport control, where we part ways. But later, as I emerge with my own luggage into the arrivals hall, their young daughter spots me in the crowd, runs over and gives me the biggest hug – and suddenly I begin to understand the warmth of India's welcoming embrace. Here are some other things I learnt.
