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One of the main focus of a brilliant entrepreneur is focusing on the future growth of a company. It is the ability to thrive tomorrow that is of greater importance to a business than the performance of today. One of the brilliant entrepreneurs we have today is Louis Chenevert, the former chairman and CEO of United Technologies Corporation. He managed UTC between 2008 and 2014 as the senior-most executive. In his tenure of six years, the level of growth that was recorded still drives the company years after he retired. One thing that Chenevert knew was that incorporating innovative technology in business gives that business a competitive edge over the rest. He also understood that technology would not only address the current issues but also enhance the future performance of an organization.

In 2008, there was a financial crisis that affected the global business sector. Many companies collapsed after recording huge losses. The impact of the adverse economic times is still being felt today. Some businesses continue to collapse long after. In the whole hullabaloo about economic challenges, there is one company that has maintained its position. United Technologies Corporation (UTC) under the leadership of Louis Chenevert made significant growth that has helped the company survive the hard economic times as well as staying afloat of everyone else in the aerospace industry.

About Louis Chenevert

Louis Chenevert is from Montreal, Canada. He holds a Bachelor Degree in Production Management from HEC Montreal University School of Business. After his graduation, he worked for 14 years at General Motors before joining the aerospace industry under Pratt & Whitney. Six years after joining Pratt & Whitney, his results earned him a position as the president of the company.

In 2008, Louis Chenevert was appointed the chairman and CEO of United Technologies Corporation (UTC). His record as the senior-most executive in the company is one of the reasons he remains a prominent entrepreneur even in his retirement. Today, Chenevert works with Goldman Sachs Merchant Banking Division as an adviser. He remains a man who went against all the odds to achieve his dreams of becoming a great business leader.

https://www.bloomberg.com/photo/united-technologies-corp-ceo-louis-chenevert-/104967.html

The State Bank of India is a government-owned banking institution which offers public financial services to the Indian population as well as foreign investors. The bank has spearheaded several projects which are aimed at improving the living standards of Indians. A key figure in the bank’s executive team is Anil Chaturvedi who has been working as the managing director of the corporation. The banker has overseen several development projects over the years targeted towards increasing the national GDP.

About Europe-India Partnership

In a Munich seminar held earlier in 2016, Anil Chaturvedi outlined the plans of the government to foster a stable economic relationship between India and the European government. In his speech, the bank’s managing director stated that people from Europe and the US lacked information about what is going on in India and the type of opportunities that are available. He claimed that the current middle-class population in India ranges from 400 to 500 million people who are able to purchase goods brought in the market. The estimated growth of the country is 12% per year; this means that if European industries decide to invest in the country, they will be able to make profits.

Anil Chaturvedi further elaborated that India has the political and social capability which favor businesses. The foreign currency reserves are worth $360 million, indicating that the country’s economy is not at risk of collapse. Furthermore, the country has stable Rupi currency which has appreciated against the Euro. Anil Chaturvedi expounded on the sectors that Europe can invest in including green energy (300-gigabyte renewal energy projects), food grains, dairy, and agriculture. The country currently has the improper infrastructure, refrigerated structures, storage materials, and processing which could be explored by the new companies. The partnership between the two countries will, therefore, improve their relationship as well as promote economic growth.

About Anil Chaturvedi

Anil Chaturvedi is the current managing director of the State Bank of India and has always focused on the Corporate Advisory arm of the bank. Since 2013, Anil Chaturvedi has facilitated the partnerships between Indian corporate and Europe including acquisitions, merges, debt raising and capital investments.

http://aecal.de/aecal-at-ndas-panel-on-investment-opportunities-for-european-businesses-in-india/