Understanding India’s Ascent | BoF VOICES
The Business of Fashion Podcast
The Business of Fashion
4.6 • 770 Ratings
🗓️ 20 May 2019
⏱️ 17 minutes
🧾️ Download transcript
Summary
India’s young population, thriving tech sector and spiritual roots add up to a promising future, said the Sun Group vice chairman Shiv Khemka, speaking at BoF’s VOICES.
To watch Shiv's talk at VOICES 2018 click here.
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Transcript
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| 0:00.0 | Hi, this is Imran Ahmed, founder and CEO of the Business of Fashion and welcome to the BOF podcast. |
| 0:09.6 | This week, we're back at Voices 2018, where we put a spotlight on India, the world's fastest growing major economy. |
| 0:17.4 | You will recall that our state of fashion report for 2019 identifies India's as a major trend for 2019. |
| 0:25.7 | But what do we need to understand about this hugely complex, |
| 0:29.6 | multifaceted country of 1.3 billion people, |
| 0:33.6 | which will soon overtake China to become the most populous country on the planet. |
| 0:38.3 | Shiv Kempka is vice chairman of Sun Group, a diversified global group based in India, |
| 0:44.3 | with both operating and investment companies active in areas including private equity, renewable energy, |
| 0:51.3 | oil and gas, high technology, gold mining and real estate. |
| 0:56.2 | Shiv's international exposure make him the perfect bridge between India and the world. |
| 1:00.4 | So here's Shiv Kempka on understanding India's ascent at Voices 2018. |
| 1:09.4 | For me, India is a very complicated and difficult idea because India is really an idea. It wasn't a |
| 1:20.0 | country, it's only 70 years old. Before that, it was a number of kingdoms, before that it was an |
| 1:24.7 | ancient culture where people came from all over the world. |
| 1:28.3 | And so to try and explain India a little bit, I want us to talk about it through three lenses. |
| 1:33.2 | An economic lens, a social lens, and a human lens. |
| 1:37.1 | Sashi Thururur, one of our great politicians, great historians, great authors said, |
| 1:43.0 | India is an advanced civilization in an advanced state of decay. |
| 1:50.0 | And yet from an economic perspective, |
| 1:53.0 | McKinsey and the report they did recently, |
| 1:55.0 | the Business of Fashion Joint Report, |
| 1:57.0 | has given a wonderful reason why India |
... |
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