Shanghai, April 21, 2026: Consul General Shri Pratik Mathur participated as a panelist at the Economist Enterprise Corporate Network (EECN) Shanghai’s Regional Strategic Forecast: Navigating the Age of Friction. The event brought together over fifty executives, senior business leaders, and diplomats for a discussion on global and regional growth scenarios, geopolitical risk, and China’s policy outlook through 2027.
On India’s economic trajectory, Consul General highlighted the success of Production Linked Incentive schemes across 14 sectors, noting that Apple now manufactures over 14% of its iPhones in India, alongside India’s unparalleled digital public infrastructure comprising UPI, Aadhaar, and the Open Network for Digital Commerce. Consul General also pointed to transformative progress under the PM Gati Shakti master plan, with logistics costs being brought down from around 14% of GDP toward a target of 8%, and industrial corridors such as Delhi-Mumbai and Chennai-Bengaluru coming online.
Consul General reaffirmed India’s doctrine of strategic autonomy and said that India’s value as a partner lies precisely in its predictability and refusal to be instrumentalized in others’ rivalries. Drawing from his diplomatic experience, the Consul General highlighted that one of the most common misconceptions about India is the assumption that it operates as a single, uniform market. He emphasized that India’s diversity across states, regulations, and cultures is a structural feature of a diverse democracy that businesses must incorporate into their strategies rather than attempt to simplify.
The event also featured senior representatives from global industry and The Economist Group, and provided a platform for candid, high-level exchanges on navigating an increasingly complex global economic landscape.
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