The Indian economy has surprised everyone with its sharp and sustained acceleration in recent years. Its software and services exports have maintained global competitiveness while India is also emerging as a tough competitor in other areas such as pharmaceuticals, automobiles and engineering goods. In the short term, however, there are some risks that investors may be under-estimating – especially those related to asset bubbles and India’s reliance on external capital inflows. While there are likely to be some turbulence in the coming year though, the longer term trends are very powerfully in India’s favour.
Mr Bhaskaran is a partner and board member of Centennial Group Inc, a policy advisory group based in Washington DC. Apart from heading the Group’s Asian economic research practice, Mr Bhaskaran is also the Honorary Secretary of the SIIA Council. Prior to his current position, he worked for 13 years as Chief Economist for Asiain an investment bank. He graduated in economics from Cambridge University and also has a Masters in Public Administration from Harvard University.