A new team India driving the nation to excellence: Romal Shetty

India, ranked as the world’s fifth-largest economy, is primed for significant progress driven by a robust government framework, a stable macroeconomy, substantial investments in infrastructure, and a foreign policy prioritising national interests, said Romal Shetty, CEO of Deloitte-South Asia.

The government and corporates have jointly set standards of excellence, he said.

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“India is rapidly transforming its infrastructure... with over 90% of our railways electrified. This leap forward has slashed emissions, accelerated transportation, boosted renewable energy use, and cut down crude oil imports,” said Shetty. “Leading this charge, companies like L&T are at the forefront of building a new, modern India,” said Shetty.

On the digital front, initiatives such as Digital India use technology to revolutionise governance, services, and economic growth, he said. “Companies like SBI are enabling financial inclusion and ensuring banking services are brought into every Indian’s life,” he said.

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Shetty said that Corporate India had been a cornerstone of the nation’s development, propelling growth, and innovation, and now India had an opportunity to lead in sectors including semiconductors, space, artificial intelligence, manufacturing, services, and MSMEs.