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Storm Warnings: the true, unvarnished status of the Indian economy

Sunil Munjal and Rathin Roy talk grim economic reality - and why they're not losing hope

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In an era of hyperbole, reality is a commodity few trade in.

That’s why it was particularly rewarding to hear two astute, informed speakers take on the straight question: what is the true, unvarnished status of the Indian economy?

Sunil Munjal needs no introduction. As former JMD of Hero MotoCorp – part of the Munjal family’s $6 billion bouquet of businesses – and now a strategic player in the realty, defence and insurance sectors, among others, Sunil has helped shape what contemporary Indian industry looks like over three decades. Rathin Roy — one of 5 experts in PM’s Modi’s economic council — has been tasked to steer the economy out of the headwinds it currently faces. His academic and policy credentials – a PhD in Economics from Cambridge University; teaching roles at the Universities of London and Manchester; economic diplomat with the UNDP in London, Kathmandu, Brasilla, Bangkok; Economic Advisor to the 13th Finance Commission – are impeccable, but it is his outspoken, often contrarian position on economic policy that that make his voice a crucial one.

Both demonstrated why they are the game-changers they are as they talked Make in India, the creative industries, the ground reality of economic decisionmaking and more in a refreshingly candid conversation.

Watch the full session above.

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