``INDIA'S ECONOMY WILL SEE STRONG RECOVERY NEXT YEAR - S&P`` - RT

The world’s fifth-biggest economy, India, will rebound in 2022 following a deep contraction due to the coronavirus pandemic, S&P Global Ratings said.

According to the report, growth is expected to pick up 8.5 percent after the GDP’s five-percent contraction in the current fiscal year, which ends in March 2021.

“India’s wide range of structural trends, including healthy demographics and competitive unit labour costs, work in its favour. Economic reforms, if executed well, would support this outcome,” the rating agency said. “With a recovery of this magnitude, India’s 10-year weighted average real GDP per capita growth will likely stay well above the average of its peers.” Click to read more.

``VIKASA PARTNERS WITH THE AMERICAN CHAMBER OF COMMERCE IN MAURITIUS``

The American Chamber of Commerce (AMCHAM) is the world’s largest business federation, with more than three million members globally. The organization is an accredited affiliate of the US Chamber of Commerce in Washington D.C. and its Europe network, which represents the interests of more than 17,000 companies, accounting for more than $1.1 trillion in investment on both sides of the Atlantic. AMCHAM’s Mauritius chapter offers its members regular networking opportunities, access to seminars conducted by Government and private sector experts from both markets on specific needs identified by the membership and, more generally, remains a resource for learning for members and non-members seeking to do business in either Mauritius or the U.S.

VIKASA Mauritius has been privileged to engage and attend AMCHAM gatherings since its launch in October 2018. Since then, VIKASA has participated in several events including the Women’s Economic Empowerment Committee, the Overseas Security Advisory, the Interactive Discussion on Innovation and other engagement opportunities. Notably, being a collaborative partner with AMCHAM has given VIKASA the opportunity to work closely with other partners such as the opportunity to connect with other chapters including the Australian Chamber of Commerce (AustCham) and the South African Chamber of Commerce in Mauritius.

``VIKASA WELCOMES BROCK REEVE AS DIRECTOR``

On February 18, VIKASA Capital welcomed Brock Reeve into the family. Mr. Reeve accepted a position as Director. Reeve’s distinguished background and wealth of knowledge provides a tremendous asset to the VIKASA team. He currently serves as the Executive Director of the Harvard Stem Cell Institute (HSCI), located in Cambridge, Massachusetts, whose overall aim is to use the power of stem cell biology to understand and ultimately treat selected diseases and conditions.

Reeve’s clients have included some of the leading pharmaceutical, biotechnology and medical device companies, and he has had hands-on operational responsibility in product management and marketing roles in software start-ups. Prior to being appointed Executive Director of HSCI, Mr. Reeve received his BA and MPhil from Yale University. He also carries an MBA from Harvard Business School.

Mr. Reeve supports several organizations with his time and leadership. He is a trustee at the Pioneer Charter School of Science in Everett, Massachusetts; the Windrush Farm Endowment Trust, one of the oldest therapeutic riding centers in the united states; and the ARM Foundation for Cell and Gene Medicine.

As Director of VIKASA, Mr. Reeve’s leadership strengthens our message and strongly supports our company values. His valuable expertise will lead us successfully into the future.

HSCI brings together the schools of Harvard University and all of its 10 affiliated hospitals and research institutions under a single mission: to use stem cells, both as tools and as therapies, to understand and treat the root causes of leading degenerative diseases.

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