The global strategy consulting market stands at $39.5 billion, with Asia commanding $9.1 billion. India contributes just $1.09 billion. This is despite having the talent; Indians run global back-offices for McKinsey, BCG, Bain, Deloitte, and other consultancies. Yet, India continues to outsource strategy to the Big 4.
Sanjeev Sanyal, PM Modi’s Economic Advisor joins us to break this down.
We discuss the factors helping and hindering India’s growth opportunities. Sanjeev has long worked on improving the process reforms with the belief that this country needs small reforms that will bring huge impact.
We also discuss AI, with a policymaker who strongly believes unregulated AI will be catastrophic. Sanjeev shares his opinions on what could be the government’s approach to regulation, with acceptance of the limited predictability of future with AI.
If you want to understand India from a policymaker’s eye this episode is for you.
0:00- Trailer
0:55 – Why India Needs Many Small Reforms
2:50 – Was WFH Technically Illegal Until 2000?
3:57 – India as the GCC Capital for the world
7:02 – How did India go from filing 6,000 to 1 Lakh Patents?
13:45 – Why India Can’t build Its Own Big 4+3
17:40 – When professional bodies in India don't work together
21:05 – What happens when branding is banned?
24:08 – Restrictions That need to stay
27:11 – How India’s IT Sector Grew Without a Governing Body
30:06 – Are we risking catastrophic failure with Unregulated AI?
36:10 – Can We Regulate AI Like the Stock Market?
41:39 – Why India Must Shut down Population Control
47:10 – Will AI Replace Lawyers and Accountants?
49:14 – What India Isn’t Ready For?
51:31 – India as a historically risk taking nation
54:31 – Why are professional bodies holding onto protection?
56:55 – The Business Culture Problem in Kolkata
58:32 – Sanjeev’s Work in Agroforestry
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Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we’re doing it all at Neon.
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This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.
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