India: unlocked opportunities
01 April 2022 View : 355 Author : AdminThis article is taken from the Summer 2019 issue of Relocate Magazine where you can find a full Awards supplement. The India panel at the Festival of Global People exemplified the event’s ability to bring the entire global mobility ecosystem together to discover fresh approaches to old problems and solutions to emerging challenges.
In the next five years, India is set to become the world’s fourth-largest economy, which is having a significant impact on global mobility.
The global mobility the future will also be very different. In the next 5-10 years, more people will go on assignment, meaning there will be more and more different practices.
India: fresh approaches to unlock opportunity.
With the outcome of government elections now clear and returning Prime Minister Narendra Modi’s government seeking to deliver its “New India” agenda – one based on economic reform and greater global influence – we could now see more inbound assignments, too. It is known for a fact there are at least 200 US/EUROPE companies who are waiting to shift their operations from China to India.