![]() ![]() ![]() Kaul has more than 30 years of experience across private equity, corporate and consumer banking. He also leads the Southeast Asia region for Carlyle. From the GDP standpoint – with a growth rate projection of 6.5% - India is going to be one of the top three destinations and all of these will continue the flow of employees to India.”ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.Sunil Kaul is a Managing Director and Financial Services sector lead for the Carlyle Group in Asia. Talking about the impact of global macroeconomic uncertainty and the more recent banking crisis in the West on India, Wechter said: “There is political stability and economic stability here. There is also a growing focus in the group to bring employees from other parts of the world to India to gain exposure and experience in an environment that is rapidly growing and transforming. It has wonderful universities and higher learning institutions, a wide variety of skill sets that exist and that we can only get in the kind of quantity we need in a very few places,” said Wechter. India has phenomenally interesting demographics with a median age of 28 years and presents immense growth potential. “It is not just from the cost perspective. That apart, India has a wide talent pool and offers a cost advantage. Notwithstanding the global macroeconomic uncertainties, the demand for talent continues to be strong at the India centres of the MNCs due to a skill gap in the West. There will be more regional leadership roles because India is one of the fastest growing,” she added. “We see more leadership roles coming up in India.
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