Sudhir Choudhrie: Betting On India’s Economic Rebound
The author, philanthropist and businessman, Sudhir Choudhrie, has once again made a bold prediction. He has bet on his native country’s ability to gain economic stability. Sudhir Choudhrie was born in India. And while he currently resides in London, India has a special place in his heart, and he remains connected to its history and development. More recently, Choudhrie has been involved in the business development and cultural ties between India and the UK. That is why Sudhir predicts that Brexit will be good for India.
It is Choudhrie’s belief that India will emerge as a 21st century powerhouse and one of the world’s largest democracies. He predicts that India will have a thriving economy because of the work that India’s first prime minister, Jawaharlal Nehr, has done.
After decades of challenges in India, such as the foreign exchange crisis and 1991 and the transformations that the economy underwent, it seems that India is on the rebound. The Indian consumer market has always held vast potential for international brands, but many underestimated the aspirations of Indian consumers. Those underestimations led many to shop at rival shopping centers mostly found in the UK. Brexit will force those shoppers to become consumers to India’s marketplaces.
Also, in addition to the prime minister prioritizing education, India’s engineering heritage has been successful in industries like car manufacturing and software. These are long-term endeavors that will greatly benefit India. A host of startups that also moved to India, forcing a growth rate of 7 to 9%. These are mostly ambitious young individuals, adding to the economy and pursuit of their dreams. Sudhir Choudhrie has bet on India to rebound because of Brexit. He believes that they will be a powerhouse and that his native country will gain strong economic stability.