India Post Election: Reflections on A FICCI Event
Yesterday evening, I was at the Royal Academy of Engineers to attend an event arranged by UK India Business Council, around an Indian Business delegation from Federation of Indian Chambers of Commerce and Industries (FICCI). Chaired by Rt Honourable Patricia Hewitt, the former Secretary of State for Health and current UKIBC Chair, this was an interesting conversation between British Asian businesses and the representatives of Indian businesses. The theme of the evening was focused on what the election victory of Narendra Modi led BJP means to business, and everyone was quite upbeat. The conversations focused on decisiveness, on things happening, and the fact that this is the first one party government in India after 25 years (Rajiv Gandhi's government, which had a massive majority, lasted till 1989). Rather than actual policy changes, the message given out was that the things that were stalled will now happen. In audience were Srichand and Gopichand Hinduja, who confirmed...