India’s Economic Rise: From Fourth Largest to a Future Global Powerhouse

India’s economic story has been nothing short of transformational. In FY25, the country officially became the fourth-largest economy in the world and is on track to reach the third position by 2030-31, with a projected GDP of USD 7.3 trillion. This ascent is underpinned by a decade of macro stability, governance reforms, and resilient domestic demand.

From USD 1.23 trillion in FY15 to USD 3.82 trillion in FY25, India’s GDP has tripled in just ten years. In FY25 alone, the nominal GDP increased by 9.9%, while the real GDP grew by 6.5%. These figures represent more than just growth; they reflect India’s structural transformation across agriculture, industry, and services.

Macroeconomic Strength: A Stable Foundation for Growth

India’s economic environment in FY25–26 has been marked by macroeconomic resilience and fiscal prudence. Inflation has cooled, trade volumes are robust, and the country continues to attract record capital investment.

Key macroeconomic highlights:
  • CPI (Consumer Price Index) inflation fell to 2.10% in June 2025, from 5.08% in June 2024—the lowest since January 2019.
  • Private Final Consumption Expenditure (PFCE) grew by 7.2% in FY25, up from 5.6% in FY24.
  • India’s foreign exchange reserves stood at USD 692.56 billion as of July 11, 2025.
  • Rupee strength improved, reaching ₹86.37/USD on July 23, 2025.
  • Bank credit stood at ₹1,84,83,098 crore (USD 2.14 trillion) as of June 27, 2025.

These indicators underscore India’s capacity to manage inflation, stimulate consumption, and maintain monetary stability, a compelling combination for global investors and trade partners.

Trade and Exports: Powering India’s Global Footprint

India’s export performance continues to strengthen its position as a credible player in global trade. In FY25, total exports surged to USD 825 billion, up from USD 468 billion in FY14, reflecting a 76% growth over the decade. The country’s merchandise exports share rose from 1.66% to 1.81%, moving it up three places to the 17th spot globally.

Trade data from June 2025 reinforces this momentum:
  • Merchandise exports: ₹3,03,469 crore (USD 35.14 billion)
  • Merchandise imports: ₹4,65,653 crore (USD 53.92 billion)
  • Gross GST revenue: ₹1,84,597 crore (USD 21.38 billion)
  • Railway freight traffic: 1.6 billion tonnes in FY25
  • Cargo traffic at major ports: 220.04 million tonnes (April–June FY26)

India’s narrowing trade deficit and booming services sector are expected to further reduce the current account deficit, enhancing external stability.

Manufacturing, Infrastructure & Consumption Growth

The Indian government’s continued focus on infrastructure and domestic production is evident in its Union Budget 2025–26, which increased capital expenditure by 10.1% to ₹11.21 lakh crore (USD 129 billion). This move boosts long-term growth and job creation across the country.

Production, transportation, and industrial activity also reflect positive momentum:
  • Foodgrain production reached 3,539.59 LMT, growing by 6.5% over FY24.
  • Index of Industrial Production (IIP) for May 2025: 156.6 (vs. 154.7 in May 2024)
  • Core Industries Index (April–June FY26): 166.7 (vs. 164.5 same period FY25)
  • Petroleum product consumption (Q1 FY26): 61.837 MMT

High domestic demand is further reflected in the UPI transaction volume, which reached 14 billion transactions worth ₹18.41 lakh crore (USD 213.27 billion) in May 2025. Moreover, e-way bills generated in June 2025 jumped 19.3% year-on-year to 11.94 crore, indicating a spike in goods movement across the country.

Employment, Digitalization, and Investment Surge

India’s labor market showed signs of recovery in 2025, with an 8.9% increase in job listings during May, ending an eight-month slowdown. Growth was most prominent in sectors like childcare, education, personal care, and manufacturing.

Digital infrastructure is playing a pivotal role in India’s economic transformation. From UPI transactions to GST compliance and e-invoicing, digital penetration continues to reduce friction in trade and improve transparency.

Private investment momentum has also stayed strong:
  • Private equity and venture capital (PE/VC) investments in Q2 2025 stood at ₹45,771 crore (USD 5.3 billion) across 248 deals.
  • In June alone, PE/VC investments totaled ₹14,681 crore (USD 1.7 billion).
  • Notable sectors attracting capital include fintech, logistics, EV, education, and deep tech.

Agriculture, Budget Priorities, and Inclusive Development

The 2025–26 Union Budget, themed “Sabka Vikas,” lays a strong foundation for equitable and sustainable growth. With a strategic focus on agriculture, MSMEs, youth, and innovation, the budget proposes:

  • Prime Minister Dhan-Dhaanya Krishi Yojana for agri-reform and productivity
  • Expanded support for first-time entrepreneurs
  • 50,000 Atal Tinkering Labs to boost STEM education
  • Incentives for domestic manufacturing through customs duty rationalization

This people-centric approach aligns with India’s vision of building a middle-income economy with robust social infrastructure, inclusive access, and digital empowerment.

Service Sector Resilience and Sectoral Momentum

India’s service sector continues to be a key growth driver. The Services PMI touched 61.1 in July 2025, reflecting steady expansion due to rising demand and favorable output conditions. Healthcare, education, logistics, and tourism are poised for sustained growth in FY26.

Additional indicators show broad-based momentum:
  • June 2025 crude oil basket: ₹6,082 (USD 70.38) per barrel
  • Currency in circulation (CIC): ₹37.86 lakh crore (USD 438.45 billion)
  • Liquidity Adjustment Facility (LAF) daily net injection: ₹47,294 crore (USD 5.50 billion)

India’s banking and financial services sector is expected to flourish further with rising consumer credit, digital inclusion, and improved banking penetration in rural regions.

India’s Economic Growth: A Path to Global Leadership

India’s journey from the 10th to the 4th-largest economy within a decade underscores the scale of its transformation. With strong macro fundamentals, robust export growth, rising capital expenditure, and a youthful demographic profile, India is uniquely positioned for sustained growth over the next two decades.

By prioritizing structural reforms, digital infrastructure, human capital development, and global trade alignment, India is creating the framework to become not just a regional powerhouse, but a global economic leader by 2030 and beyond.

At Hmsa, we offer specialized advisory services tailored to help businesses and investors tap into India’s economic growth. Our team provides end-to-end Strategy Planning support across a wide range of high-potential sectors, including infrastructure, manufacturing, energy, semiconductors, digital services, MSMEs, exports, agribusiness, financial services, and mobility. Whether you’re planning market entry, seeking policy alignment, optimizing operations, or scaling investments, we deliver data-backed insights and execution-ready strategies to unlock your full growth potential in India’s economic landscape.

Reference: India Brand Equity Foundation

Found the article helpful?
Share it with others
LinkedIn
X
Facebook
Email
WhatsApp
India's Economic

Want this Project Report done?

Project Report

Typical Content Sheet
1Executive Summary
2Introduction
2.1Background
2.2Project Idea & Value Proposition
2.3Promoters’ Background
3Regulatory Framework
3.1Licenses and Approvals
3.2Regulatory Support & Restrictions
3.3Government Incentives and subsidies if applicable
4Market Assessment
4.1Industry Analysis & Overview of the Market
4.2Market Segmentation
4.3Demand Assessment
4.4Demand Drivers
4.5Supply Assessment
4.6Competition Analysis
4.7Demand Supply Gap and Market Forecast
5The Business and Operating Model
5.1Proposed Products
5.2Alternative Technologies
5.3Manufacturing Process
5.4Plant & Machinery and Plant Layout
5.5Installed Capacity and Utilization
5.6Infrastructure, Land, Location
5.7Raw Materials, Consumables, Utilities
5.8Inbound, In-plant and Outbound Logistics
5.9Manpower Plan and Organization Structure
6Financial Feasibility
6.1Key Project Assumptions
6.2Cost of the Project
6.3Means of Finance
6.4Revenue Estimates
6.5OPEX Estimates
6.6Loan Repayment Schedule
6.7Taxation and MAT Calculations
6.8Depreciation Schedule
6.9Proforma P&L Account (Forecast)
6.10Proforma Balance Sheet (Forecast)
6.11Cash Flow Statements
6.12Key Project Metrics (IRR, DSCR)
7Risk Assessment & Mitigation
8Caveats
 Appendices

Subscribe for latest news & insights.

By sharing your email address and name below, you agree to receive newsletters from Hmsa Consultancy from time to time.

Request for Proposal

Touch base, to seek advice

Submit RFP
Hmsa Logo HiRes WF
Facebook X-twitter Youtube Instagram Linkedin

Our Services

Useful Links

Contact Information

©2025 Hmsa Consultancy Services | All Rights Reserved.

Submit RFP / General Enquiry

About Naresh Malhotra

Naresh is a Certified Associate of the Indian Institute of Bankers. He has completed a Diploma in Commodity Markets, a certified course in Trade Finance, and MSc. (Physics). He has 35+ years of experience in the Banking and Financial sector and 4+ years of global exposure. Specialized skills in Corporate/Mid-corporate/SME credit including stressed asset management, international banking, trade finance, strategy formulation and implementation, audit, and risk mitigation. He has worked with India Debt Resolution Company Ltd, M/s JCR & Co, Chartered Accountants, State Bank of India, etc. He regularly contributes to Business and Economy in print and visual media.

About Ramakrishnan Venkatraman

Ramakrishnan is a Certified Associate of the Indian Institute of Bankers and has completed M. Com. Ramakrishnan has over 3 decades of Qualitative Banking experience in diverse areas of Banking and Banking oriented IT Solutions including Delivery Management with Customer Operations and IT Project Management including vendor management. He is a senior advisor with exposure to all aspects of the Bank’s systems, procedures, manual of instructions, regulatory requirements, Anti-money laundering policies, Business process reengineering, and establishment of controls for mitigating risks. He worked as a General Manager and Head of Core Banking Solutions for a Technology Company and as a Vice President looking after processes and special projects for a private-sector bank and with Andhra Bank.

About Shailesh Gandhi

Shailesh Gandhi is a retired professor from IIMA with an overall experience of 30+ years in the finance & accounting domain.  He is a Chemical Engineer and is a Fellow IIMA. He specializes in various fields such as Financial reporting & analysis, management control, and  performance measurement and management systems. Shailesh is also a Independent director and a member of the audit committee on the board of Gujarat Mineral Development Corporation (GMDC), a member on the board of IIM, Nagpur and the chairperson of the audit committee as well as a member of the finance Committee, Indian Institute of Public Health, Gandhinagar. In the past, he was also a member of the Cost Accounting Standards Board of the Institute of Cost & Management Accountants of India (ICMA).

About Amit Chatterjee

Dr. Amit, has overall 26 years of experience in domain of Social Impact, Training and Capacity Building, Monitoring and Evaluation of Social Enterprises, Livelihoods, Development Sector, Corporate entities, Government, Civil Society Organisations. He has worked with international organizations like IFAD; GIZ; UNDP; DFID; ADAA, UAE; CARE India. He has undertaken assessment of various schemes implemented by respective States as a part of specific assignments.  He has created and operationalised structure, team, systems, processes, Monitoring & Evaluation Plans.

He has conducted trainings to build capacity of teams and stakeholders. In his tenure across various organizations in corporate, consulting and development sectors, he has built capacities of staff, stakeholders, decision makers, influencers, service providers in the areas of innovative thinking and ideation; business orientation, management and continuity; business planning and operations; supply chain management; product pricing and packaging; marketing and sales management; financial management. The objectives of these sessions were to instil logical, rationale, systemic and futuristic thinking; process orientation; business/project cycle and flow.

He has worked in projects across India, namely Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Goa, Maharashtra, Mizoram, Meghalaya, Uttarakhand, Himachal Pradesh, Haryana, Punjab, Bengal, Odisha, Jharkhand, Chhattisgarh, Madhya Pradesh, Gujarat, Uttar Pradesh, Bihar, Punjab, Haryana, Delhi. He has authored around 6 publications in Social business, social entrepreneurship, social enterprises.

About RD Joshi

Dr Ravikant has 40 years of experience in Capacity Building, Urban Finance & Management, Administrative and  Taxation reforms. He has worked for almost all multilateral organisations including the World Bank, ADB, UN Habitat, USAID, DFID etc. as a consultant in India and outside India. He has worked for Government of India, Various State Governments and Municipal Governments in India and leading National and International Consulting firms in India and abroad. He has successfully implemented the conceptualization, designing & implementation for innovative Municipal Financial, Budgetary, Resource Mobilisation and Accounting System Reforms and their computerization in Vadodara Municipal Corporation. He has worked as a Team Leader of Technical Support Unit (funded by Bill and Melinda Gates Foundation) for National Urban Livelihood Mission (NULM) in Ministry of Housing and Urban Affairs, GoI – Delhi and has acquired expertise in areas like social mobilisation and institutional building, skilling, financial inclusion, and livelihoods of the urban poor. He has worked as an Urban Adviser to Urban Management Centre – Ahmedabad. He has written several books and articles regarding various urban issues / problems in regional language to create public awareness and more than 33 research papers in different seminars and workshops many of them have got published in different journals.

About Raghuvansh Mathur

Raghuvansh has over 45 years of deep expertise in Business Process Improvement, Operational Excellence, and Human Resource Management. He has led and managed complex assignments in the Engineering, Electronics, Telecom, Process, and Services Industries of India and Saudi Arabia.  He has a successful track record in the domestic and international markets with exposure in public, private, and government projects. He has done his Bachelor’s in Electrical Engineering and Post-graduate Diploma in Industrial Engineering. In his professional career, he has worked at Actuate Business Consulting for over 25 years and as a director catered to many Indian and Multinational Companies.  He is adept at enhancing the competitiveness of manufacturing and service organizations through Business Process Reengineering, Lean Manufacturing, Six Sigma, and various such expert techniques. He also specializes in leading sustainable and quantifiable change/improvement programs. He is empanelled with the National Board of Accreditation as an evaluator for engineering programs. He is also a member of the All India Management Association and Delhi Management Association.

About Sandeep Khedkar

Sandeep has over 26 years of deep expertise in Global Business Transformation, Technology Consulting, Business Performance Improvement, Operations Management and Training. He is an expert in enterprise software solutions lifecycle, business process transformation, process improvement, operations strategy, enterprise analytics, and knowledge management. As a consultant with extensive experience at organizations like Hewlett Packard, Tech Mahindra, KPIT Cummins Infosystems, SSA Global and Satyam Computer Services, Sandeep is known for utilizing solutions consulting, discovery workshops and management education to deliver highly integrated business solutions. He has done his Master’s in Financial Management and Bachelor’s in Chemical Engineering. He has also developed management concepts, best practices, and methodologies to simplify complex situations through abstraction and deduction, delivering holistic and value-based business solutions. He is a management education and training expert at various management schools and universities where he leverages his deep expertise to educate and train aspiring managers. He has authored books on business transformation and process transformation.

About S Narendran

Narendran has more than 25 years of experience in formulating and implementing strategic and tactical plans. He is especially proficient in executing global transformation programs for cost optimization and customer experience with exposure to a wide variety of tools. He also has deep expertise in formulating effective processes and managing modern business systems in challenging and diverse environments and change management. He has worked on projects in important sectors like Aerospace, Defence, Auto, Chemicals, Construction, FMCG, Logistics, etc. He has extensive management consulting experience at organizations like Renoir Management Consulting, Go Airlines, Tech Mahindra, and Siemens. He has done an executive program in management from Columbia Business School and his Post Graduate diploma in Business Management.  He has credentials of being one of the first person in India to lead an automation project (IoT) for a discrete manufacturing firm in India. He has presented papers on improving productivity by changing human behaviour in international conferences and has also conducted workshops on Change Management in IIM-Calcutta.

About Shreyamun Mehta

Shreyamun has over 30 years of cross-cultural and cross-functional experience in leading HR functions in large Indian as well as multinational companies. He is an expert in guiding, enabling, and partnering business leaders in achieving identified operational as well as strategic goals. He is especially proficient in talent acquisition, creating/reviewing and aligning job descriptions with current and futuristic business needs, onboarding, induction, learning, development, employee communication, and employee engagement. He has extensive Human Resource experience at organizations like Tata Motors, APM Terminals, Honeywell Technologies, Tata Chemicals, and Alcatel Lucent. He has a post-graduate diploma in Industrial Relations and Personnel Management. He has also done an Executive Management Development Certification Program from ESADE Business School in Spain. He is a Transformational Business Coach and an All-India Radio empanelled English Cricket Commentator.

About Drumil Patel

Drumil has over 27 years of experience in marketing and business development and over 15 years of experience in the Ports and Logistics sector. He has led and executed over 30 Port sector projects including strategic business planning, port feasibility studies, traffic studies, running forecast scenarios, port due diligence, transport corridor, integrated logistics studies, and cost analysis. He also has extensive expertise in port sector promotion, advertising, and publicity. He has earlier worked as Manager – Logistics and Business Consultancy and then as a Technical Director with BMT Consultants India where he has successfully executed several ports & logistics assignments. He has also served the Gujarat Maritime Board (GMB) as the Marketing Manager for 4 years. In his professional career, he has catered to Indian and International clients like IDBI Bank, Globex Ltd, Pelindp-II, Foresight Group & Padmanabh Mafatlal Group, Gujarat Maritime Board, and Carin India. He has done his MBA in Marketing and B. Sc. in Statistics. He was also a member of a working group constituted by GMB to help and support strategic port planning exercises for Gujarat state undertaken by the Netherlands Government-sponsored Port Development of Gujarat (PODEG) program.

About Prashant Pai

Prashant is a chartered accountant with over 22 years of deep expertise in audits, mergers, acquisitions, process consulting, strategy consulting, valuations, and corporate finance. He is adept in management consulting and strategy consulting assignments. He is also highly proficient in transaction support assignments like M&A advisory, Valuations, Partner Search, Risk Analysis, Risk Management, Deal Negotiation and Execution. He has exposure in both, buy side and sell side transactions including cross border transactions. He has extensive experience at organizations like Eterna Advisors, IndAsia Fund Advisors, Apex Mentors Pvt Ltd and Deloitte Touche Tohmatsu India. He has a successful track record in handling assignments across industries like Infrastructure, Pharmaceuticals, Hospitality, Education, Real Estate and Consumer Business. He has done his MBA in Finance and B. Com in Commerce and Economics. He is a member of the Institute of Chartered Accountants of India and Bombay Chartered Accountants Society. He is also a registered valuer of securities and financial assets with IBBI and a registered distributor of Mutual Funds with AMFI.

About Kalpesh Katira

Kalpesh Katira has pursued his master’s in economics and is a Fellow Member of Institute of Charted Accountants of India. He has worked with Deloitte for more than 13 years advising on Business Taxation and International Taxation (including advising on cross border transactions) and exchange control regulations with specialization in Corporate and International Taxation. Kalpesh has advised clients on various tax issues including tax planning, advising on tax structuring, contracts with foreign enterprises, expatriate taxation. Kalpesh has advised clients located in UAE on inbound investment into India through Intermediary Holding Company jurisdictions and on the funding avenues.

About Mitesh Majithia

Mitesh Majithia is a Chartered Accountant with 18 years of varied experience having eye for detail. Mitesh holds Certificate in Valuation from the Institute of Chartered Accountants of India (ICAI) and Diploma in International Financial Reporting (DipIFR) from ACCA, UK. He specializes in Foreign Exchange Laws (FEMA) and Corporate Laws, inbound and outbound investment strategy, Compounding proceedings, obtaining approvals of RBI and FIPB under FEMA. Mitesh has worked with Deloitte India, for around 11 years in Corporate Laws and M&A advisory; and Audit & Assurance.

About Sanatkumar Agrawal

Sanat has completed his BE in Instrumentation & Control engineering and is a MBA in Finance. He is also a Certified Treasury Manager from USA. An investment banking and corporate finance professional with over 19 years of experience specializing in investments, private equity advisory, valuations, due diligence and strategic business planning. Experience of working in India, Kuwait, Bahrain and Qatar with exposure of transactions in the MENA, Europe and Asia. Sanat has worked with a range of companies that include Grant Thornton, and Right-Angle Corporate Advisors, KPMG, Deloitte, Moore Stephens International (Kuwait). He has worked across sectors including global telecommunications, oil & gas, power, financial services, manufacturing, chemicals & pharmaceuticals, real estate & retail.

About Sathyan David

Sathyan David is a Ph.D.in Economics, M.A. (Hons.) in Economics and has also completed Risk Management in Banking from INSEAD. He has more than 35 years of experience in NBFCs, shadow banking, banking regulation/supervision), Payment Systems, Asset Reconstruction Cos. (ARCs), and Micro Finance Institutions (MFIs). He has worked with Reserve Bank of India as Chief General Manager, Dept. of Non Bank Supervision, as Regional Director -Rajasthan, as Chief General Manager, Dept.of Banking Supervision. He is skilled in Data Analysis, Financial Risk, Operational Risk Management, legal issues in the financial sector. He was a faculty member of the Reserve Bank Staff College.

About Aarti Saxena

Aarti Saxena is BA, MA (Economics) & M.Sc (Social Policy & Planning in Developing Countries). She has over 12 years of collective and diverse experience in infrastructure development consulting, research and entrepreneurship. She has development consulting experience in business plan preparation, strategy & roadmap development, industry & market analysis, benchmarking, project management, operations management, client relationship & people management. She has vast experience in multi-cultural environments & with various tiers of government, private sector, and donor agencies. Sector exposure includes industrial clusters, SEZs, real estate, tourism, maritime, social development, and urban infrastructure. She has earlier worked with Ernst & Young LLP, Crisil Risk & Infrastructure Solutions Limited, Sai Maritime Group and Tomkins Research Ltd.

About Kaushik Dutta

Koushik Dutta is B.Tech (Hons.), Post Graduate Diploma in Management, and Fellow in Management (Strategic Management). He was a professor of practice in the strategic management area at Indian IM, Indore, and Heritage Business School, Kolkata. Dr. Dutta has more than 28 years of industry and consulting experience with the corporate, government, and international agencies, having worked full-time with Tata Consultancy Services and PricewaterhouseCoopers, and as a consultant to the World Bank, Family Health International, Govt. of West Bengal, Adam Smith International, and GIZ. He has written several articles in publications, journals and has presented several papers at conferences.

About Shyam Bhattbhatt

Shyam Bhattbhatt, a Cost Accountant, Company Secretary, and PGDBM(MPE) by qualification, has 26 years of post-qualification work experience with a focus on the corporate finance vertical. Also having exposure to other verticals such as business strategy, company secretarial assignments, costing, and accounts. He is a Strategic leader having the capability to independently envision, develop and operate SBUs. He has got exposure in both – financial services sector as well industry. He has In-depth competencies at executing private equity, debt syndication, debt restructuring, and M&A transactions. He has worked with Deloitte Touché Tohmatsu India Pvt. Ltd. as Manager – Corporate Finance.- Mumbai, with Capri Global Capital Ltd., a Leading NBFC as Associate Director – Corporate Strategy – Mumbai.

About Captain Y. P. Deulkar

Captain Y.P. Deulkar has done his masters (F.G) issued by the Ministry of Transport (Government of India) and is also a Qualified Auditor for I.S.M.. 9002. He has got over 22 years of professional work experience with about 14 years with SCI. He was actively involved in the Vibrant Gujarat Global Summit from inception till 2011. He has also entered into an agreement with the Netherlands Government for the exchange of technical know-how and port development (PODEG) projects. Captain Deulkar Worked with Gujarat Maritime Board as Traffic  Manager (Projects), G.M.(Business Development), G.M. Gujarat Port Infrastructure Development (G.P.I.D.C.L.).The job involved looking after all import/ export of Gujarat Non-Major Ports, Alang ship recycling yard, new projects, Ports and infrastructure development, and tourism development.

About Mihir Das

Mihir has 15 years of experience in core competencies like Port Operations Management, Shipping Logistics Optimization, Project Management (Sea–Road-Rail- Inland water Transport), Port Business Development, EXIM process optimization, ICD management & Audit, Port Process Re-engineering, ICT implementation in Ports, Environmental & Safety Audits. He is an MBA & B.Sc. Physics. He is a member of the Institute of Chartered Shipbrokers. He is a faculty at ICFAI university & has earlier worked with Samsara Shipping, Mundra Ports & SEZ Ltd., SV Logistics, Kolkata Port & associated with JICA & ADB in their consulting exercises. He has wide exposure to ports namely Colombo – Sri Lanka, Singapore, Antwerp, Hong-Kong and nearly all Indian Ports. He has penned 7 books in Shipping, Ports, Transportation & Logistics.

About Sanjay Rego

Sanjay Rego is a practising Lawyer and a qualified Chartered Accountant. He is a member of the Society of Trust and Estate Professionals, STEP) and also holds a Post Graduate Diploma in Securities Laws. Sanjay has over 24 years of post-qualification experience of which about 14 years with Deloitte and has advised clients on matters relating to personal, trust commercial, tax, FEMA and corporate laws and relating to shareholder agreements. He specialises in estate planning and advises HNI’s with regard to their estate and succession plans. This includes drafting of Wills, Trust structures, advising of family agreements, Family Constitutions etc. He assists in advising clients on complex issues and has been able to provide innovative solutions to problems considering legal (including personal and inheritance laws), tax, and financial implications. Sanjay headed the legal, finance, and operations functions for about 5 years with Universal Trustees.

About Prakash Iyer

Prakash Iyer is an MBA, CFA and B.Sc (chemistry). Earlier an Associate Director with Meghraj Capital Advisors Pvt Ltd, Head-PPP with CRISIL Infrastructure Advisory, Sr. Associate Vice-President with Darashaw & Company Pvt Ltd and has also worked with Fortress Financial Services Ltd. He has 18 years of consulting experience in infrastructure development and has actively worked on promoting the development of infrastructure projects across sectors such as urban transport, urban regeneration, smart cities, land development, water supply and sanitation, roads, power, oil and gas, sports infrastructure, industrial parks, education parks and logistics with a special emphasis on projects being developed through PPP. He has worked with lenders, investors, multilateral agencies, government entities as well as private sector entities.

About Arindam Ghosh

Arindam Ghosh has earlier headed Forensic Services dept of KPMG Bahrain, was an Associate director with KPMG India and worked with organizations like Deloitte, Arthur Andersen, PWC & IPCL. He is an Electrical Engineer by qualification and has completed Advanced Computer Applications from Aptech. He has 26 years of experience in Management Consulting with Infrastructure and Power as a focused sector. His specialization includes Strategy Consulting, BPR, ERP implementation, CRM and Billing Solutions, Business Planning, Efficiency Improvement, Corporate Governance, Internal Audit, Forensic investigation, Loss reduction etc. He is a regular column writer in various local and international periodicals, he had published several articles in newspapers and business magazines in different parts of the world. He is also a regular speaker in various forums and presented on topics related to Smart Grid, Energy Accounting, Loss reduction.

About Hemant Bhattbhatt

Hemant Bhattbhatt is the Managing Partner and CEO of Hmsa. He is a Chartered Accountant and a Certified Corporate Director with over 30 years of professional experience of which about 16 years is as a Partner / Senior Director with Deloitte India. He has handled more than 150 strategy & operations consulting assignments. He led Deloitte India’s Transportation Sector and Power Sector practices. He has advised several MNCs and Large Indian enterprises on a range of issues including strategy formulation, business planning, project reports preparation, feasibility assessment, due diligence, valuations, PPP structuring, institutional strengthening, capacity building, and financial evaluation among others.