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Former ECB chief Trichet praises India's strong growth, reforms, and global economic potential.
Former European Central Bank President Jean-Claude Trichet expressed strong confidence in India’s economic prospects during the Kautilya Economic Conclave in New Delhi, citing robust human capital, policy reforms, and rising domestic demand.
He highlighted a projected 7.8% GDP growth in Q1 FY2025-26 and India’s expected rise to the world’s third-largest economy by 2030 with a $7.3 trillion GDP.
Trichet emphasized the need for a rule-based global trade system to prevent economic shocks and noted broad consensus on this issue.
He praised India’s governance improvements and growing global investment appeal, while acknowledging areas for improvement across major economies.
El ex jefe del BCE, Trichet, elogia el fuerte crecimiento, las reformas y el potencial económico mundial de la India.