RBI Gov. Das says India's economy can rise above 'complex' geopolitics

Central banker says developed status in reach by 2047 despite global 'fragmentation'

20231109 Shaktikanta Das interview1

Reserve Bank of India Gov. Shaktikanta Das speaks to Nikkei Asia in Tokyo on Nov. 9. (Photo by Ken Kobayashi)

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- India's central bank governor on Thursday painted a bright picture of his country's economic future, but cautioned that the path to becoming a prosperous society may not be smooth.

"Policymaking has become more complex, mainly due to geopolitical factors," Shaktikanta Das, governor of the Reserve Bank of India, said in an exclusive interview with Nikkei Asia in Tokyo. "The geopolitical conflicts around the world have created economic fragmentation" that apply "brakes and barriers" to growth and supply chains.

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