In an exclusive interaction with IANS, Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, says, the overall economy, I think the key factor is the creative impulse in India. One of India’s strengths is its long history, refinement, and preservation of diverse cultures. Each state has its own language and traditions, providing a vast source of creativity. This creativity will empower many people in India to continue on PM Modi’s program of economic digitization. Infrastructure spending and development also need to be accelerated. Like the U.S., India faces challenges with bureaucracy at both the national and state levels.
#MarkMobius #IndianEconomy #CreativeIndia #CulturalDiversity #EconomicDigitization #PMModi
#MarkMobius #IndianEconomy #CreativeIndia #CulturalDiversity #EconomicDigitization #PMModi
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00:00As an overall economy, I think a very important factor is the creative impulse in India. One of
00:09the strengths that India has is the long history and the refinement and preservation of the
00:18different cultures in India. As you know, you have the different states with different languages,
00:22with different traditions, and that is a big source of creativity. And that will empower
00:31many, many people in India to create new industries, new ideas, new inventions. So,
00:38I think that is going to be a big driving force going forward. Of course, and that combined,
00:43you know, you combine the youth and the creativity and the openness of the economy,
00:49that is an incredible force.