It will take ten years to make the change but India has the keys to the future, says Horasis founder Dr Frank-Jurgen Richter.
Dr. Frank-Jürgen Richter is the Chairman of Horasis: The Global Visions Community. Horasis is an independent international organization committed to enacting visions for a sustainable future. As one of the leading analysts of international business and emerging economies, he influences major business and governmental decisions with his public commentary. He has a thorough understanding of how the world functions today - an understanding created through an on-going interaction with top business, political and intellectual leaders around the world.
Preparations are well underway for the International Festival of Business in Liverpool in 2016, one of the largest gatherings of business and political leaders in the world. A global marketplace for creating connections and doing deals, IFB 2016 brings together thousands of businesses from around the world for three weeks of events, networking and deal-making.
Among the major sponsors is Horasis, the Global Visions Community, founded by Dr Frank-Jurgen Richter as an independent international organisation committed to enacting visions for a sustainable future. A former Director of the World Economic Forum, Dr Richter is an accomplished financier and linguist who believes passionately in dialogue and the exchange of expertise as the driver to greater global integration.
Horasis holds regular events that bring together highly influential groups of business leaders to discuss collaborative approaches to addressing sustainable growth. The meetings are the foremost annual gatherings of business leaders from emerging markets and their global counterparts, and are regularly attended by CEOs of leading companies.
Even at this early stage 150 companies have confirmed their attendance at the Horasis Global Meeting in Liverpool. “There is a very engaging dialogue going on and we very much believe in this dialogue,” Dr Richter explained to Insight India. “When there is trust you can bridge the divide and do business together. This is not a conference; it is a peer to peer event. We believe in community building where people come and meet each other, and the return ration for events is high - up to 80 per cent.”
Individual events held by Horasis centre on India, China, Russia and the Arab World. Dr Richter’s own expertise lies in Asia where he lived and worked for a decade, principally in Tokyo and Beijing where he became fluent in both Chinese and Japanese. “I see a lot of similarities between India and China,” he says. “There is a lot of investment going into the country. Before the new government there was much scepticism. Many investors thought India was a very unsafe place and preferred to go to China.
Similarities to China
The Horasis India Meeting in July in Switzerland was the first landmark business meeting on India to take stock of the state of the Indian economy after having seen the new government one year into power. More than 18 CEOs and two former government ministers took part, and the resulting dialogue identified many of the advantages and challenges facing the country currently.
“Mr Modi is using some elements of the Chinese approach, such as improving infrastructure by building a great network of highways, as well as focusing on energy and rail links. It’s what the Chinese did 20 years ago and it’s the right time for India to look at these issues as infrastructure has been a real bottleneck for the country,” observes Dr Richter.
Horasis is a global visions community committed to enact visions for a sustainable future. (http://www.horasis.org)
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