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Thursday, May 9, 2024

Prospects await in ‘land of diversity’

Thai business leaders agree there are bright trade and investment prospects in India, with a caveat.

India is set to become the world’s most populous nation this year, overtaking China, according to the latest UN report on the global population.

India, which has a predominantly young population, is the world’s fifth-largest economy and on course to become the fastest-growing major economy in the coming years despite global headwinds caused by post-pandemic spillovers, supply chain disruptions related to the war in Ukraine, and potential recessionary pressures facing developed economies.

Thailand and India have enjoyed close ties historically in various dimensions, especially arts and culture. India is regarded as a key Thai…

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