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India remains the fastest-growing global economy with increased focus on digital infrastructure reforms and workforce skilling. Although the last quarter (July-Sept) of 2024-2025 saw a dip (5.4%) in GDP, nevertheless still ahead of China, however, strong rural rebound and demand and increasing government expenditures are expected to bolster the recovery. Chief Economic Advisor V. Anantha Nageswaran views this slowdown as a blip and an opportunity to focus on long-term growth by enhancing public investment, shifting away from short-term revenue expenditure, and accelerating de-regulation.
The transformative initiatives like Digital India Campaign with focus on robust digital infrastructure, interconnected grid and affordable data has made India a hub of emerging technologies and attractive global destination for AI, data centres, and Global Capability Centers. Furthermore, with expanding digital infrastructure, India is well-placed to leverage the global gaming industry. The recent MoU (https://shorturl.at/kLSJ2) between the DPIIT and WinZO, India’s largest social gaming platform, marks a strategic move to help promote 2000 startups and a centre of excellence to establish India as a global leader in interactive entertainment. This partnership is set to tap into the $300 billion global gaming market, positioning India to capture a significant share, drive manufacturing of interactive technology products in India and attract Foreign Direct Investment (FDI).
On the Competition front, the CCI has implemented new regulations following amendments to the Competition Act in 2023 with an aim to provide clarity for businesses and streamline merger processes. The CCI (Combinations) Regulations, 2024 set to replace the 2011 Regulations. Additionally, criteria for combination exemptions, minimum asset value and turnover thresholds, and the deemed approval route have been notified. COMPAD together with Khaitan & Co. is organizing a Global Webinar on 3rd Dec. on India’s Digital Competition Bill, for registration - https://lnkd.in/gBwEwTeC. All are welcome to attend.
Honored to call on Hon’ble President of India at Rashtrapati Bhavan
Honored to call on Hon’ble Finance Minister, Govt. of India
Honored to call on Sr. Minister (now Hon'ble President) Singapore, Mr. Tharman Shanmugaratnam
From the Chairman’s desk →
India remains the fastest-growing global economy with increased focus on digital infrastructure reforms and workforce skilling. Although the last quarter (July-Sept) of 2024-2025 saw a dip (5.4%) in GDP, nevertheless still ahead of China, however, strong rural rebound and demand and increasing government expenditures are expected to bolster the recovery. Chief Economic Advisor V. Anantha Nageswaran views this slowdown as a blip and an opportunity to focus on long-term growth by enhancing public investment, shifting away from short-term revenue expenditure, and accelerating de-regulation.
The transformative initiatives like Digital India Campaign with focus on robust digital infrastructure, interconnected grid and affordable data has made India a hub of emerging technologies and attractive global destination for AI, data centres, and Global Capability Centers. Furthermore, with expanding digital infrastructure, India is well-placed to leverage the global gaming industry. The recent MoU (https://shorturl.at/kLSJ2) between the DPIIT and WinZO, India’s largest social gaming platform, marks a strategic move to help promote 2000 startups and a centre of excellence to establish India as a global leader in interactive entertainment. This partnership is set to tap into the $300 billion global gaming market, positioning India to capture a significant share, drive manufacturing of interactive technology products in India and attract Foreign Direct Investment (FDI).
On the Competition front, the CCI has implemented new regulations following amendments to the Competition Act in 2023 with an aim to provide clarity for businesses and streamline merger processes. The CCI (Combinations) Regulations, 2024 set to replace the 2011 Regulations. Additionally, criteria for combination exemptions, minimum asset value and turnover thresholds, and the deemed approval route have been notified. COMPAD together with Khaitan & Co. is organizing a Global Webinar on 3rd Dec. on India’s Digital Competition Bill, for registration - https://lnkd.in/gBwEwTeC. All are welcome to attend.
Greetings of the Season & best regards,
