Venkatram Anantha Nageswaran on Building Strategic Leverage in the Emerging New World Order: Challenges and Opportunities for India

Video & Timestamps

On Thursday, February 5, Venkatram Anantha Nageswaran joined Markus’ Academy for a conversation on “Building Strategic Leverage in the Emerging New World Order: Challenges and Opportunities for India.”  V. Anantha Nageswaran is the Chief Economic Advisor to the Government of India.

Watch the full presentation below. You can view all the webinars in this series on the Markus’ Academy YouTube channel.

Timestamps:

[05:36] India’s manufacturing future

[20:51] Designing intelligent import substitution

[31:17] A reform agenda for strategic resilience

[45:49] Growth in strategic sectors and under global fragility

Summary

A summary in four bullets:

• In the episode, Nageswaran presented his vision of India’s growth strategy, included in India’s 2025–2026 Economic Survey, which has been described as a disruptive shift in India’s growth strategy
• The strategy is based on the idea of Investment in National Strength, with three pillars: (1) Intelligent import substitution, (2) Strategic resilience, and (3) Strategic indispensability
• National reforms in tax, labor, infrastructure, public procurement, state-level deregulation, and R&D support aim to lower input costs, crowd in private investment, and build a Mittelstand-style manufacturing ecosystem
• India remains an oasis of macro stability in a turbulent world, with sustainable non-inflationary growth, fiscal prudence, supply-side reforms and investments

Click here for the full summary