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An internationally recognised business consultant has said future global growth will come from large emerging economies such as China, India, Russia and Brazil.
“While the 20th century was driven by advanced nations, the 21st century will be driven by the markets of emerging nations. Future global growth will come from large emerging economies such as China, India Russia and Brazil,” said Mr Jagdish Sheth, a US-based scholar and authority in the field of marketing.
He was addressing members of the Federation of Gujarat Industries on `Role of India in world class manufacturing with special emphasis on Gujarat' here.
India's economy will be globally integrated. It is, therefore, essential for India Inc to have a global mindset, Sheth, the Charles Kellstadt Professor of Marketing at the Goizueta Business School of Emory University, said.
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