India is poised to lead the post-recession global knowledge economy

Mr Navi Radjou (produced by Boni Sones OBE). Navi Radjou, the Executive Director of the Centre for India & Global Business, believes that not only India will come out of the current recession relatively unscathed, but will eventually assume a leadership role in the post-recession economy. Taking a long-term view, Navi notes that Western multinationals can't afford to overlook India's vast reservoir of high-quality engineers and scientists, as well as its rapidly-growing middle-class market (India added 15 million mobile phone subscribers in January 2009 alone). Navi also expects the globalisation of Indian firms like the Tata Group to accelerate in coming decade, accelerating India's integration into the global economy. It is against this backdrop that the Centre for India & Global Business is being set up, in order to engage academic, business, and political leaders from around the world, each eager to play their part as India takes its prominent place in the global economy.