Money talks: India's moment
India’s economy recently overtook Britain’s to be the world’s fifth largest, and it’s on track to be the fastest growing big economy this year. Part of what’s powering that growth is renewed domestic investment by the country’s big conglomerates. Could this be the year that India’s promise is realised?
On this week’s episode, hosts Mike Bird, Soumaya Keynes and Alice Fulwood examine what’s powering India’s growth. First, Natarajan Chandrasekaran, the chairman of India’s biggest conglomerate, Tata Sons, explains why the company is investing $90bn domestically. Then, our global energy and climate innovation editor Vijay Vaitheeswaran heads to Pune, where he finds that India’s green energy transition is well underway. Finally, our Mumbai bureau chief Tom Easton takes a tour of Tamil Nadu, where he sees factories rapidly being built to help power India’s domestic manufacturing transition.
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