India is Key Country of the Global South

“Many still haven't heard the shot.” These words from Chancellor Scholz echo whenever Germany discusses India and other emerging nations. But that's changing - dramatically.

Having worked on projects in South and Southeast Asia for the past +13 years, I've witnessed firsthand the undeniable and well-deserved rise of these regions.

As the German and Indian delegations meet in Delhi, DIE ZEIT describes India as "das Schlüsselland des Globalen Südens" (the key country of the Global South).

Here's why India's role in the multipolar 21st century cannot be ignored:

Economic Giant in the Making
▶ Projected to become world's 3rd largest economy by 2030
▶ Forecasted 6.3% annual GDP growth over the next decade

Demographic Powerhouse
▶ World's largest population
▶ Median age of just 28.4 years

Technology Leadership
▶ Deep pool of talent, particularly in technology and semiconductor design
▶ # 1 Global Capability Center (GCC) hub globally (Zinnov)
▶ Established tech ecosystem ready for partnerships

The scale of Germany's delegation speaks volumes:
▶ Chancellor Scholz, Vice Chancellor Habeck and Foreign Minister Baerbock
▶ Labor Minister Heil and Minister of Education Stark-Watzinger.
▶ Industry leaders in chemicals, microelectronics, aviation, and renewable energy, defense

Each of my visits to India revealed new layers of transformation. The momentum is palpable, the opportunities vast, and the potential for German-Indian collaboration immense.

What's your perspective on this partnership?

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Sources: Die Zeit, Zinnov

*In this context, "haven't heard the shot" is a German idiom meaning that many people are still unaware or not yet recognizing the significance or urgency of the situation regarding India and other rising economies.

Source links: Link to Article with Die Zeit

Link to original LinkedIn Post.

Cross-post: India is expected to lead growth globally , Germany’s Vice Chancellor Highlights India’s Importance

India, Technology, GDP, Economy, Growth, Collaboration, Indo-German, Indo-European