May21 , 2026

    Cochin Chamber Hosts Chief Economic Advisor for Insightful Talk on India’s Growth in a Changing Global Order

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    The Cochin Chamber of Commerce & Industry hosted Dr. V Anantha Nageswaran, Chief Economic Advisor to the Government of India, for a thought-provoking address on “Investing in India’s Future in a Changing World Order”, underscoring the country’s evolving economic trajectory amid global uncertainty.

    The evening began with a welcome address by Ms. Vinodini Sukumar, President of the Chamber, followed by introductory remarks from Ms. Maria Abraham, Director of the Kochi International Foundation. Shri P.M. Veeramani, Past President of the Chamber, formally introduced the Chief Guest.

    Speaking against the backdrop of shifting geopolitical dynamics and economic volatility, Dr. Nageswaran presented a strong, data-backed case for India’s growth prospects. He highlighted that India’s macroeconomic fundamentals are currently among the strongest seen in decades, with robust GDP growth, controlled inflation, a steadily consolidating fiscal deficit, and significantly strengthened foreign exchange reserves compared to a decade ago.

    He noted that the Union Budget 2026–27 is geared towards building productive capacity, focusing on emerging sectors such as semiconductors and nuclear energy, while also strengthening support systems for MSMEs through a comprehensive three-pronged framework.

    Addressing the realities of a fragmented global order, Dr. Nageswaran emphasized the growing importance of self-reliance, stating that supply chains have become instruments of strategic influence. He underscored the need for India to move towards “strategic indispensability,” positioning itself as an irreplaceable player in critical global value chains.

    Drawing philosophical insight from the Katha Upanishad, he reflected on the concept of choosing Sreya (the greater good) over Preya (short-term comfort), noting that India has made prudent long-term choices and must continue on that path.

    The session concluded with a vote of thanks by Shri Bibu Punnooran, Vice President of the Chamber.

    The Chamber also acknowledged the support of sponsors, including AU Small Finance Bank, Abrao Group, Teamone Advertising, The Fertilisers and Chemicals Travancore Limited, and Exeevents, for enabling the successful आयोजन of the event.

    The event reaffirmed the Chamber’s role in fostering meaningful dialogue at the intersection of business, policy, and national development.

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