VIKASA April 2019 Newsletter

HARVARD BUSINESS REVIEW: 3 REASONS GLOBAL FIRMS SHOULD KEEP INVESTING IN INDIA: A major debate has unfolded around India’s economic prospects. On the one hand, you have Prime Minister Modi declaring at the 2018 World Economic Forum that India’s economy, already the fifth largest in the world, will double, to $5 trillion, by 2025. On the other hand, you have the media pointing out the country’s shallow middle class, growing inequality and joblessness, and a trail of multinationals frustrated by the lack of China-like success in India.While India remains a challenging market, there are at least three reasons global firms cannot overlook the country without consequences.