Lexygen was honoured to participate in the prestigious Horasis India Meeting 2024 in Athens, Greece. Founder and Managing Partner, Vijay Sambamurthi, took center stage, leading an insightful panel discussion on "India as the Growth Engine of the World." This blogpost will delve into the key takeaways from Vijay's discussion on the country's immense potential to drive global growth.

Demographic Dividend: A huge portion of India's approximately 1.5 billion population is young and of working-age, often referred to as the "demographic dividend," which presents a unique opportunity for India’s economic growth and development over the next few decades..

Consumption Market: The Indian domestic consumption market is rapidly expanding, offering immense opportunities for businesses worldwide. As incomes rise, domestic demand for goods and services is expected to surge, creating a thriving market for both domestic and international companies.

Government Reforms: The Indian government has implemented various reforms to improve the business environment and attract foreign investment. These reforms, such as deregulation, tax simplification, and infrastructure development, have played a crucial role in boosting economic growth and competitiveness.

Infrastructure Development: The Indian government has consistently pushed for investments in infrastructure, including transportation, energy, and digital connectivity.  Infrastructure development has a significant economic impact on industrial growth, employment, and inflow of investments.

Global Synergies: The opportunities and potential for collaboration between Indian businesses and their global counterparts across sectors loke fintech, healthcare, smart cities, and green technology are ever-increasing.

As India continues to rise as a global economic power, Lexygen is proud to be a part of its growth story.