Skip to main content

PBD Guest Interview: Deputy Mayor of London for Business Rajesh Agrawal says... NRIs contribute $9 bn to Indian economy; integrate & create their mark

Rajesh Agrawal, Deputy Mayor of London for Business
PBD Guest Interview: Deputy Mayor of London for Business Rajesh Agrawal
NRIs contribute $9 bn to Indian economy; integrate & create their mark
Indians have made their place in the world with their ability to retain their ethics and integrate with cultures, and NRIs send 9 billion dollar a year back to India as well. Stating this, Deputy Mayor of London for Business Rajesh Agrawal cited strength of India and Indians across the world.
“India is a great success story for the world, as it is the fastest or at least second fastest growing economy since the last couple of years,” Agrawal said. He sees huge transformation in the country where cities are growing faster than ever.
Discussing how he sees India transforming and quoting the importance of Tier-II cities especially Indore, Agrawal said, “Finance and IT are big employment sectors in India now and in fact, India leads in these sectors.”
He added that NRIs are major contributors for India too. “NRIs are living bridge between India and the world, who first contribute financially by sending money to their families here and create their mark as Indians across the world,” Agrawal said.
Indore, Pune, Gurgaon: big drivers of India’s growth
Agrawal: About 20 years ago, India was big and growing only in 2 to 3 major cities like Mumbai and Delhi. This has seen a huge transformation. Now, India has a very strong growth pattern. The emergence of Tier-II and Tier-III cities has channelized the growth.
Tier-II and Tier-III are strong growth focal points in the country now. We can see the way these cities have flourished. Gurgaon, Pune, and Indore are big drivers of growth for India today.
India’s Growth
Agrawal: India has seen huge transformation in terms of business, markets and GDP (gross domestic product). GDP is much lower in Europe. There are many challenges, which are actually opportunities for the country. Covid-19 outbreak was a major challenge across the world. India has transformed in that time and has the best digital payment system now.
Digital payments is an achievement. Changes can be seen in India because of it, but India can do more.
India can grow in…
Agrawal: India is a knowledge based economy. Considering the situation of China today, India has a major opportunity in manufacturing sector. India’s creative industry with entertainment industry has recently seen a big boost. It’s time to focus on manufacturing products and hardware too.
Another major opportunity for India especially Indore and Madhya Pradesh is food-technology. Western world is also moving towards a plant based diet. Hence, that raises the demand for food tech. Indore and MP have a big opportunity here, as for me Indore remains as the world vegetarian food capital.


Comments

Popular posts from this blog

CBSE Affiliation Open for the 2026-27 Session under SARAS 6.0

CBSE Affiliation Open for the 2026-27 Session under SARAS 6.0  TINA KHATRI The Central Board of Secondary Education (CBSE) officially opened the online application window for various categories of school affiliation for the 2026-27 academic session on Tuesday. Schools seeking affiliation across multiple categories can now submit their applications via the automated system, SARAS 6.0, which will remain open until June 30, 2025. Himanshu Gupta, CBSE secretary, urged schools to carefully follow the guidelines outlined in the SARAS Manual 6.0. He emphasized, "We strongly advise all applicant schools to carefully review the manual to ensure their applications meet the required standards." Key Requirements for Schools For existing schools, it is crucial that their OASIS data is accurately updated. No incorrect or misleading information should be submitted. Additionally, all schools are required to upload prescribed documents, including details of teachers and their qualifications, ...

Railway Station Redevelopment Plan: Capacity boost to handle 10,800 passengers/hour

Railway Station Redevelopment Plan Capacity boost to handle 10,800 passengers/hour In response to increasing demand and future growth, the Railway Department has proposed a comprehensive redevelopment plan for Indore Railway Station, aimed at expanding its capacity to handle 10,800 passengers per hour. The design of the new station is being developed with a focus on long-term sustainability, considering the city's projected needs over the next 50 years. The redevelopment aims to create a state-of-the-art facility that will not only accommodate growing passenger traffic but also enhance the overall travel experience. With 7,500 passengers currently traveling daily and 52 pairs of trains operating each day, the need for infrastructure upgrades has become critical. The proposed station will serve as a major hub for commuters and will play a key role in regional connectivity. The new design will include modernized passenger amenities, advanced traffic management systems, and better int...

Jharneshwar Mahadev in Madhya Pradesh: a nature escape from urban jungle

Life is too short, unpredictable and an adventure if lived to the fullest. Learning the essential value of life and deciding to seek adventures in life, several groups are now connecting to nature and seeking spiritual growth. Leading a group of adventure seekers to less-known wonders of Indore, Gyandeep Srivastava, administrator of Rides of Riders group unravelled a new getaway. The group went on a long ride exploring the rural areas of the city. In their bid to seek adventure, the group came across an ancient temple ‘Jharneshwar Mahadev’ which dazzles visitors with nature, beauty and wonder. The temple is situated in Shajapur, about 230 kilometres from Indore. The waterfall of Bhadooh (Jharneshwar Mahadev), a famous tourist place falling under the Quartak Panchayat, about 30 km from Manasa in Neemuch district. After monsoons, the waterfall attracts tourists from all over state to witness the 100 feet high waterfall. There were 25 riders in the adventure trip including female rider I...