AMCHAM’s Western Region organized a highly engaging roundtable on March 13th at the Bank of America office in Mumbai with Mr. Bodhisattva Ganguly, Sr. Director, Macro & Country Risk, TIAA, New York, USA, and Ms. Mary Beth Ramsay, EVP, Head of Nuven Risk & Compliance, TIAA Financial Risk, North Carolina, USA. The discussion commenced with an analysis of the Indian economy’s growth trajectory. Insights were shared regarding the economic path, macro-outlook, and structural macro improvements. Mr. Amish Shah, MD & Head of India Research, Bank of America, delivered a detailed presentation on the India outlook, highlighting key economic indicators and trends. The following members participated: Mr. Avinash Gupta, National Executive Board Member, AMCHAM and Managing Director, Dun & Bradstreet, Mr. Anand Jha, Managing Director, Blackstone, Mr. Hitesh Sharma, Partner, Ernst & Young, Mr. Tarun Bhatia, MD, Kroll, Mr. Aditya Dhand, Director & Country Lead, J.S. Held LLC, Mr. Sandesh Narvekar, CFO, Forever Living Imports, Ms. Simi Thapar, Chief Country Officer & Director, CSI Renting India Pvt. Ltd.

Participants engaged in a dialogue concerning broader geopolitical dynamics, including Indo-China tensions, India’s alignment with the U.S., overall regional dynamics and India’s ability to leverage the divergence of foreign capital due to regional geopolitics. Participants identified industries that are capitalizing on this trend and discussed strategies to attract further foreign investment. The role of regulatory frameworks and government policies in facilitating investment inflows was highlighted. The roundtable facilitated insightful exchanges among industry experts and stakeholders, shedding light on critical issues impacting the Indian economy and regional geopolitics.