Fourth Kautilya Economic Conclave 2025 — Charting Prosperity Amid Global Economic Challenges
The fourth Kautilya Economic Conclave, inaugurated by Finance Minister Nirmala Sitharaman on October 3, 2025, in New Delhi, marks a pivotal gathering of global economic policymakers and experts aiming to navigate the complex challenges facing the world economy today. Hosted at the Taj Palace hotel, this three-day conclave presents a unique platform for India to assert its growing economic influence while collaborating on strategies for shared prosperity.
High-Level International Engagement
The event features over 75 participants from more than 30 countries, including distinguished figures like Jean-Claude Trichet, former Governor of the Banque de France, Indonesia’s Mari Elka Pangestu, Japan’s Taro Kono, and Lord Nick Stern of the London School of Economics. Their presence underlines the global significance of the conclave, providing India an opportunity to influence key discussions on central banking, trade policy, emerging technologies, and industrial growth.
Insights on Economic Growth and Reform
Amid growing global economic uncertainties, India’s robust domestic momentum stands out. The OECD’s upward revision of India’s GDP growth forecast to 6.7% for 2025, fueled by recent GST reforms and strong rural spending, signals India’s resilience and growth potential. The conclave’s agenda highlights vital themes including Asia's emergence as a growth hub and the evolving BRICS framework, reflecting India’s strategic role in reshaping global economic governance.
The Role of Technology in Economic Development
A special session led by Communications Minister Jyotiraditya Scindia will focus on artificial intelligence and digital infrastructure, reinforcing the central role of technology in future economic policies. This aligns with India’s vision to harness digital innovation for inclusive development and enhanced productivity.
Strategic Policy Discussions
Concluding with a plenary chaired by P.K. Mishra, Principal Secretary to the Prime Minister, the conclave will deliberate on global macroeconomic prudence and financial governance reforms. India’s proactive approach in hosting such a forum underscores its commitment to responsible global economic leadership.
Usefulness for the Indian Financial Industry
The Kautilya Economic Conclave offers substantial benefits for the Indian financial industry on multiple fronts.
Policy Influence and Knowledge Sharing: Indian financial institutions and regulators gain exposure to international best practices in central banking, trade, and regulatory frameworks, enabling them to align domestic policies with global standards.
Boost to Investor Confidence: The conclave signals India's growing prominence as a stable and attractive investment destination, strengthening both foreign direct investment (FDI) inflows and global investor trust in Indian markets.
Technology Integration: The focus on emerging technologies like AI emphasizes the need for digital transformation within financial services, encouraging fintech innovation and improved financial inclusion.
Macroeconomic Stability: Discussions on macroeconomic prudence support the strengthening of India’s financial governance, essential for maintaining credit ratings and reducing volatility in capital markets.
Rural and Consumer Market Expansion: The emphasis on GST reforms and rural consumption growth translates into opportunities for banks, mutual funds, and insurance companies to expand outreach and product offerings in underserved segments.