Global economic experts have underscored India’s rising influence in the global economy, describing the country as a stabilising force amid ongoing global uncertainties. Speaking at the fourth edition of the Kautilya Economic Conclave 2025, they highlighted the importance of continued reforms to sustain India’s growth momentum.
Lord Karan Bilimoria, Member of the House of Lords (UK), commended the conclave for bringing together global economists, business leaders, and policymakers to deliberate on India’s economic trajectory and global challenges.“This is my first time participating in the Kautilya Economic Conclave, and it has been exceptional in exploring India’s economic landscape and its intersection with global opportunities,” Lord Bilimoria told IANS.
Jean-Claude Trichet, Honorary Governor of the Bank of France and former President of the European Central Bank, said India has the potential to realise the ideals of its Constitution — justice, social, economic, and political — through sustained economic progress. He noted that improving the justice delivery system would not only enhance fairness but also reduce investment risks and unlock billions in potential savings.
Jean-Pierre Landau, Professor at Sciences Po, Paris, and former Deputy Governor of Banque de France, remarked that India’s growing confidence on the world stage has been clearly visible over recent years.“India is quietly, yet firmly, asserting its role as a stabilising force in the world economy,” he said.
Landau also discussed the promise and risks of digital currencies, highlighting their potential to expand financial inclusion while stressing the need for robust public infrastructure to support them. He lauded India’s digital payment ecosystem as a global benchmark.
With the world facing heightened uncertainty and volatility, Landau emphasized that stability and predictability remain key drivers for investment and economic growth. He added that platforms like the Kautilya Economic Conclave play a vital role in fostering dialogue and shaping practical economic solutions. (Source: IANS)
