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Prem Watsa says India reforms, tech push give it a unique place post Covid


Recent policy changes by Prime Minister Narendra Modi s government represent a welcome signal to the global investor community. The combination of a reform-oriented government, a large population with rising consumer demand and the accelerated rate of technological adoption mean that India is in a unique position to capitalise on the opportunities in a post-pandemic world, says the Indian-born Candian Billionaire V Prem Watsa, chairman of Fairfax.
In a letter, which was jointly signed by Fairfax CEO Chandra Ratnaswami, to the shareholders, he said, the political stability has facilitated important policy initiatives in 2020. The Prime Minister s goal of becoming a $5 trillion economy in the next few years can become a reality with continued liberalisation. ....

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