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India can play a leading role in 'reimagining globalisation': McKinsey's Bob Sternfels

Sternfels noted that he is not naive to the challenges being faced in the world in terms of inflation, difficult geopolitics, and environmental challenges, and India is not immune to those.

December 05, 2022 / 11:02 PM IST
McKinsey global managing partner, Bob Sternfels. (Photo: McKinsey & Co)

McKinsey global managing partner, Bob Sternfels. (Photo: McKinsey & Co)

McKinsey's global managing partner Bob Sternfels on December 5 asserted that this is going to be not just India's decade, but India's century, adding that India can play a leading role in 'reimagining globalisation' rather than decoupling.

Interacting with Shereen Bhan - Managing Editor, CNBC-TV18, in an exclusive interview, along with McKinsey's top brass, Sternfels, noted that he is not naive to the challenges being faced in the world in terms of inflation, difficult geopolitics, and environmental challenges, and India is not immune to those.

"I am not naive that there are a lot of challenges in the world and India is not immune to those, as we think about inflation, difficult geopolitics, and environmental challenges," he said.

Sternfels comments came at a time when the global economy is facing uncertainty and recessionary pressures, while India is still resilient in light of this volatility.