The 10 Reliable Real Estate Leaders, 2024

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LETTER EDITOR’S

Reliable Real Estate Leaders 2024

The 10 Reliable Real Estate Leaders, 2024

DearReaders,

Building Trust, Brick by Brick!

TheAsia-Pacific(APAC)realestatemarketisbooming.NextMoveStrategyConsultingrecentlyreleasedareport estimatingtheregion’smarketsizetoreachastaggeringUSD4742.1millionby2030.Urbanization,risingdisposable incomeandagrowingappetiteforinnovativepropertysolutionsfuelthisexplosivegrowth.

However,navigatingthisdynamiclandscaperequiresexceptionalleadership.Visionarieswithakeenunderstandingof markettrends,technologicaladvancements,andchangingconsumerpreferencesareshapingthefutureofAPACreal estate.

BusinessAPACrecognizesthiscriticalrole.Inourlatestissue,“The10ReliableRealEstateLeaders,2024,”we celebratetheindividualswhoarereshapingtheindustrythroughinnovation,resilience,andacommitmentto excellence.

Througharigorousselectionprocess,wehaveidentified10leaderswhosevisionandstrategiesaretransformingthe APACrealestatelandscape.ThesearenotjustCEOs–theyareinnovators,thoughtleaders,andcommunitybuilders. OurcoverstoryfeaturesDr AbhayKumar,apowerhouseofexpertisewhohasshapedbothacademiaandindustry throughhisworkwiththeInstituteofRealEstateandFinance(IREF).

ButDr.Kumarisjustoneshiningexample.You’llalsodiscoverthestoriesofLeeCheeKoon,JohnKenny,Sumit Mukherjee,andPanoteSirivadhanabhakdi,amongothers.Eachprofiledelvesintotheiruniqueapproaches,the challengesthey’veovercome,andthegroundbreakingresultsthey’veachieved.

Morethanjustprofiles,thisissueisaroadmapforthefutureofrealestateinAPAC.Leaderswithinthisdynamic industrycanleverageourexpertiseandexperiencetoshowcasetheirachievementsandconnectwithatargeted audienceofinvestors,developers,andkeystakeholders.

Doyou,orsomeoneyouknow,belongtothisesteemedcompany?BusinessAPACoffersaplatformtoshowcaseyour leadershipandinspirefuturegenerationsofindustryleaders.

Contactustodaytolearnmoreaboutournominationprocessforfutureeditions.

Together,let’sbuildabrighterfutureforAPAC!

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BUSINESS APAC

D r . A b h a y K u m a r

CatalystforGrowthand TransformationinRealEstateEducation

PhD,FounderandDirectoroftheInstituteofRealEstateandFinance(IREF)

ADr.AbhayKumar,PhD,theFounderandDirector oftheInstituteofRealEstateandFinance(IREF), hasarobustbackgroundasanEngineerandMBA graduatefromSymbiosis.Hisprofessionaljourney spansvariousdomains,especiallyITand entrepreneurship.Beforestartinghisentrepreneurial endeavors,Dr.AbhayworkedasaKeyAccount Managerforatop-tierIndianITfirm’sCentral AmericanoperationsintheEnterpriseApplication segment.HeexecutedmajorITprojectsacrossthe regionsuccessfully,showinghisadeptnessin navigatingcomplexlandscapesandfostering lucrativeclientrelationships.

Dr.Abhaynowleadsthecomprehensivemarketing andoperationalinitiativesofReddviseandIREF, extendinghisexpertiseacrossdiversecitiesand verticals.Healsomentorsearly-stagestartup ventures,collaboratingwithIncucapitaltonurture buddingenterprisesintheRealEstate,Technology, andServicesectors.

Dr Abhay’sprofessionalacumenisevidentinhis distinctstrengths.Hehasanoptimisticoutlookthat helpshimovercomechallengesandsecure demandingclientele.Hehasadeptnetworkingskills thatgivehimtimelyaccesstoinfluentialfigures, facilitatingstrategiccollaborationsandadvantageous partnerships.

Moreover,Dr Abhay’spenchantforcreativethinking andinnovativeideationenhanceshiscapacityto devisepioneeringsolutionsanddrivesustained growth.AstheFounderandDirectorofIREF,Dr AbhayKumarisavisionaryleaderwhoadvancesthe fieldsofrealestateandfinancethroughexcellence, innovation,andstrategicforesight.

RevolutionizingRealEstateEducationinIndia

Establishedin2010,TheInstituteofRealEstateand Finance(IREF)revolutionizesrealestateeducationin India,cateringtoprofessionalsinrealestate,construction, andbusinessmanagement,includingfinance.Withover 3000certifiedprofessionals,IREFintegratesadvanced technology,state-of-the-artinfrastructure,andprofessional trainerstodeliverqualityeducation.

Playingapivotalroleinshapingdiscussionssurrounding theRealEstate(RegulationandDevelopment)Act(RERA) of2013,IREF’sexpertiseisacknowledged,highlightingits influenceintheindustry.Recognizingtheopportunitiesand challengeswithinIndia’s200-billion-dollarrealestate sector,IREFaddressestheneedforskilledprofessionalsto navigatecomplexitiesandbridgeindustrygaps.

Pioneeringonlinerealestatemanagementeducation,IREF leveragestechnologytoofferaccessibleandconvenient learning.Itscomprehensivecurriculumcoversrealestate, construction,andfinancethroughliveonlineandselflearningprograms,cateringtodiversepreferences. Specializedcoursesinhousingfinanceandaunique valuationcourseforcivilengineersenhanceemployability andopennewcareeravenues.

Blendingacademicrigorwithpracticalcontent,IREF ensuresstudentsgainaholisticunderstandingofindustry processesandemergingtechnologies.Itse-learning platformfacilitatesimmersiveexperiences,combining variouslearningmethods.Strategicpartnerships,suchas withSymbiosisInstituteofManagementStudies(SIMS), furtherenrichofferings,meetingthegrowingdemandfrom studentsandcorporationsforindustry-orientedprograms.

EducationinRealEstate:

IREFprioritizesglobaleducationinRealEstate,with studentsfromoverfortycountriesgraduatingfromIREF GlobalEducationinRealEstate,Construction Management,andFinance.Theinstitutionalsooffers coursesinHumanResourcesandInteriorDesigning,ledby experiencedfacultywhobringindustrytrendstolifein onlineclassrooms.Throughahands-onapproachatthe IREFCampus,aspiringprofessionalsgaincomprehensive realestateknowledgeandethicalinsights,shapingthe industry'sfuturepositively.ThirteenAcademieswithin MaharashtraextendIREF'sreach,offeringofflineeducation toaspiringagents,ledbyqualifiedtrainerswhohave completedrigorouscoursemodulesthemselves.Theaimis

todemocratizeeducationacross Maharashtra,empoweringagentsatthe grassrootslevel.

KunalJha,IREF’sSchoolDirector says “Visionaries don’t wait for change; they make it happen. They’re the architects of the future, not bystanders of the present.”

FosteringEntrepreneurshipand Innovation

Asaneducationtechnology,Dr Abhay Kumarcreatesanecosystemthat empowersindividualstobecomeselfreliant,entrepreneurial,andwillingto takerisks.Hewantstoreshapethe educationsystemtoembracefailureas partofthelearningprocess,fostering anenvironmentwherestudentsexplore theirpotentialandpursueinnovative endeavors.Dr Abhay’sprimaryroleis toestablishanenvironmentthatfosters entrepreneurship,self-dependence,and risk-takingamongstudents.

Dr Abhay’sresponsibilitiesinclude creatinganenablingecosysteminthe educationsector.Hecultivatesa cultureofinnovationandresilience, wherefailureisasteppingstoneto growthandsuccess.Heprovides studentswiththeresources,support, andmentorshiptheyneedtonavigate theirlearningjourneyindependently, promotingself-dependenceand autonomy

Furthermore,Dr.Abhayactively promotesentrepreneurshipamong studentsbyequippingthemwiththe tools,knowledge,andopportunitiesto exploreandlaunchtheirventures.He nurturesanentrepreneurialmindset thatencouragescreativity,initiative, andcriticalthinkingskills.Hefosters anenvironmentthatencouragesrisktakingandexperimentation,inspiring studentstopursuetheirpassionsand turntheirideasintoreality.Dr Abhay’s

commitmenttorevolutionizingthe educationsystemandfostering innovationhasearnedhimvarious prestigiousawardsandaccolades.

ComprehensiveProgramsfor SuccessinRealEstate,Construction, andFinancesectorthroughIREF CampusPune

IREFoffersspecializedclassroom programsinrealestate,construction, andfinancemanagement,tailoredfor successintoday’scompetitivemarket.

TheflagshipPGP+2YearMBA SpecializationinRealEstatecovers keyareaslikemarketingand constructionmanagement,providing strategicinsightsandpracticalskills.

Forthoseinterestedinconstruction projectmanagement,IREFoffersa PGP+2-yearMBASpecializationin ConstructionProjectManagement. Additionally,aPh.D.programcatersto thoseseekingadvancedresearch opportunities.

Maintainingsmallbatchsizes,IREF ensurespersonalizedattentionfrom expertfaculty,fosteringacademicand professionalexcellence.Corporate groomingworkshopsrefinesoftskills,

preparinggraduatesfordiverse corporateenvironments.

Ms.AditiBhandare,Program DirectorofIREFCampussaysthatthe curriculumincludessitevisits,offering practicalinsightsandexposureto industrypractices,enrichingthe learningexperience,andbridgingthe gapbetweentheoryandreal-world applications.

EmpoweringGlobalProfessionalsin RealEstatethroughtheIREF OnlineLearningDivision

Ms.SharadhaKanse,Program DirectorIREFOnlineDivisionsays thattheInstituteofRealEstateand Finance(IREF)offersMBA,PGP, Diploma,andCertificationprograms thataregloballyrecognizedandcater toaspiringprofessionalsworldwide. IREFhasavastalumninetwork spanningIndia,SAARCnations,and Africancountriesandisaleading providerofqualityeducationinthe realestateandfinancesectors.

In2023,IREFlaunchedthe InternationalRealEstateWealth Association(IREWA),aknowledgedrivenplatformchairedbyMr

“Having a clear purpose is a driving force that provides the motivation and determination to overcome obstacles and achieve success.”

FredrickNondeJr.fromZambia.IREWAisahub forrealestatestakeholderswhowanttobuild wealththroughskilldevelopment,business opportunities,andinvestments.Ithasmembers from10+AfricannationsandSAARCnations.

IREFcollaborateswithLincolnUniversityCollege (LUC)MalaysiatoofferMastersprogramsin ConstructionManagementandGeneral Management,aswellasadual-degreeprogramin RealEstate,Construction,andFinance Management.LUChasaprestigious5-starranking bytheMinistryofHigherEducation,Malaysia,and anassociationwiththeAssociationofIndian Universities(AIU),whichvalidatesthequalityof educationoffered.

Moreover,IREFpartnerswiththeInternational AccreditationOrganization(IAO)toensureglobally recognizedMBAprogramsinRealEstate,Construction, andFinanceManagement,andProjectManagement.The ExecutiveMBAprogramhasafast-trackoptionthatis completedinjustoneyear,cateringtoprofessionalswho seekacceleratedcareeradvancement.Throughitsonline division,IREFprovidesaccessible,flexible,andhighqualityeducation,empoweringindividualsworldwideto excelinthedynamicfieldsofrealestate,construction,and financemanagement.

RevolutionaryEducationLeadership

Asarevolutionaryeducationleader,Dr.Abhayidentifies thetruepurposeandvisionforchangeintheeducation

system.Heunderstandswhychangeisnecessary andarticulatesthepurposebehinditinaway thatresonateswithstakeholdersandthebroader ecosystem.Healsohasaclearunderstandingof theproblemsandshortcomingsintheexisting systemandavisionforhowtoaddressthem effectively

Dr.Abhayalsogatherslike-mindedindividuals andstakeholderswhosharehisvisionforchange andempowersthemtoworktowardscommon goals.Hebuildsacoalitionofsupportersand collaborators,whichisessentialfordriving meaningfulchangeineducation.Heknowsthat itrequirescollectiveeffortandcommitment fromallpartiesinvolved.

Moreover,Dr.Abhaycommunicatesandengages effectivelywithstakeholders,helpingthem understandthemeaningandsignificanceofthe proposedchanges.Hecommunicateshisvision persuasivelyandinspiresotherstojoinhimon thejourneytowardstransformation.

AbhishekInamdar,IREF’sChiefBusiness Officersays, “Education is necessary for any industry to thrive, along with a level playing field where all stakeholders can win on Merit.”

InitiativesofIREF

RECA–RealEstateConsultant’sAssociationis aplatformcreatedtoempowerRealEstate Agentsacrossthecountry.Initially,itwillbe launchedinMaharashtra,andsubsequently, newerchapterswillbelaunchedinalltheStates. ThisassociationisalsoanNGO,havingreceived therequisitegovernmentcredentials.RECA envisionsthatrealestateagentsneedmultilayeredservicesviz-Advocates,Architects, Engineers,CharteredAccountants,andmany more.

Assuchtheseservicesshallbemadeavailableto theagentsatreasonablecosts.Anyagentwhois partofRECAshallbeabletoavailthemselvesof therangeofservicestoensurethattheworking conditionssurroundingthemareoptimum. RECAhopestocreateanecosystemthatis beneficialtoallitsmembersaswellastothe alliedstakeholdersintheindustry.

IREWA–Thisplatformendeavorstooffer RealEstateAgentstobecomeInvestors themselves.IREWAintendstobecomea fund-houseforPromoterswhoneedfinancial aidandraisethenecessaryfundsthrough investmentsmadebyRealEstateAgents. UndertheableguidanceofDirectorDr AbhayKumar,IREWA-standingfor InternationalRealEstateWealthAssociation, theInternationalChaptersofwhich,have alreadybeenformedinvariouscountriesvia–Nigeria,BotswanaandSierraLeonewith spectacularresults.

ThefirstIREWAchapterofIndiawillbe launchedinPune,Maharashtrawherethe IREWACoreCommitteewillempowerthe realestateagentstoinvestinRealEstate ProjectsinandaroundPuneandMumbai;and reaptherewards.Truly,aone-of-its-kind initiative,IREWAalsodelvesintoFractional RealEstateaswellasinternationalsales. IREWAhopestochangetheindustryinterms ofavenuesavailableforrealestateagentsfor asuccessfulandprolongedcareer

PrioritizingSelf-AwarenessandPurpose

Dr.Abhayadvisesleaderswhowanttoexcel intheindustrytoprioritizeself-awareness, understandtheirpurpose,andusethese insightstodrivetheirpersonaland professionalgrowth.Heemphasizesthe importanceofself-awarenessandknowing one’sstrengthsandweaknesses.Hebelieves thatself-awarenessiscrucialforgrowth,asit helpsindividualsusetheirstrengths effectivelyandworkontheirweaknesses.By acceptingandembracingbothstrengthsand weaknesses,leaderscandevelopabalanced skillsetandfacechallengeswithconfidence.

Dr.Abhayalsostressestheimportanceof understandingone’spurposeinpursuingany endeavor.Herecommendsthataspiring leadersreflectontheirmotivationsand aspirations,clarifytheirpurpose,andalign theiractionsaccordingly.Dr Abhaysaysthat havingaclearpurposeisadrivingforcethat providesthemotivationanddeterminationto overcomeobstaclesandachievesuccess.

John Kenny The Architect of Colliers’ Ascendancy in Asia Pacic

Inthedynamicworldofrealestate,John Kennystandsasaparagonofvisionary leadership.AstheCEOofColliersinthe AsiaPacificregion,hisstrategicacumenand enterprisingspirithavebeeninstrumentalinsteering thecompany'sunprecedentedgrowth.

John’sillustriouscareeratCollier’sbeganin1991, andoverthedecades,hehasheldvariousrolesthat haveshapedhiscomprehensiveunderstandingofthe realestateindustry.HispromotiontoCEOin2006 markedthebeginningofaneraofexpansionand innovationforColliersintheAsiaPacific.

In2020,JohntookonthemantleofCEOforthe entireAsiaPacificregion,unifyingoperationsacross Asia,Australia,andNewZealand.Thisstrategic consolidationunderhisleadershiphasfostered greatercollaborationandsynergyacrossthese diversemarkets.

EducationandProfessionalDevelopment

JohnKenny’seducationalandprofessional qualificationsareatestamenttohisexpertiseinthe realestateindustry.HeholdsanAssociateDiploma inBusiness(Valuation),whichprovidedhimwitha solidfoundationinpropertyvaluationprinciplesand businessacumen.Furthersolidifyinghiscredentials,

JohnisaRegisteredRealEstateValuerwithout limitation,signifyinghiscomprehensiveabilityto assesspropertyvaluesacrossabroadspectrum.

Additionally,hisAdvancedCertificateinProperty AgencyAffiliationsreflectshisdeepunderstandingof propertyagencyoperationsandhiscommitmentto professionaldevelopmentinthefield.These qualificationsunderpinJohn’sauthoritativepositionin theindustryandhiscapacitytoleadColliers’ operationsintheAsiaPacificregionwithproficiency andinsight.

FosteringanEnterprisingCulture:Recognizing TalentandAchievingExcellence

UnderJohn’sleadership,Colliershasbeenrecognized asanexceptionalworkplace,withaccoladessuchas theAon/KincentricBestEmployerandLinkedInTop Company Theseawardsareatestamenttothe company’scommitmenttonurturingtalentand fosteringaculturethatvaluesinnovationandresults.

John’scommitmenttodiversityandserviceexpansion isevidentinhisstrategicacquisitions,whichhave broadenedColliers’expertiseandserviceofferings. Hisfocusondevelopingnewareasofspecialization ensuresthatColliersremainsaleaderindelivering enterprisingsolutions.

ExpandingHorizons:SecuringGrowth ThroughAcquisitions

John’sstrategicvisionforColliersincludes securingseveralstrategicacquisitionsthat supportthecompany'sgrowth.These acquisitionshavenotonlyexpandedColliers’ serviceofferingsbutalsopositionedthe companytomeetthespecialized requirementsoftheirclients.

Withakeeneyeonthefuture,Johnis committedtoensuringthatColliers diversifiesitsservicestoleadtheindustry Hisleadershipischaracterizedbyaproactive approachtoembracingchangeanddriving thecompanytowardnewfrontiers.

BuildingaBetterFuture:Industry ContributionsandSocialResponsibility

John’sroleextendsbeyondbusinessgrowth toincludesignificantcontributionstothe community.AsaFellowoftheRoyal InstitutionofCharteredSurveyorsandthe AustralianPropertyInstitute,hehasplayeda pivotalroleininitiativeslikethePCA ChampionsofChangeProperty,advocating forgenderequalityandsocialresponsibility

ALegacyofTransformational

LeadershipJohnKenny’stenureas CEOofColliersintheAsiaPacific regionisanarrativeof transformationalleadership.His strategicforesight,commitmentto diversity,anddedicationtocommunity engagementhavenotonlypropelled Collierstonewheightsbutalsoseta benchmarkforexcellenceinthereal estateindustry.Ashecontinuestolead withpassionandpurpose,John’s legacyisoneofshapingthefutureof realestate,maximizingthepotentialof property,andempoweringpeopleto achievetheirbest.

Future Business in India 2025 10 Young Ideas Worth A Million

Areyouayounggo-getterbrimmingwithfreshideas? Ifyes,thenyouareabouttoexplorethefuturebusiness inIndia2025.

ThewindsofchangeareswirlingacrossIndia’s entrepreneuriallandscape.Forgetthetired,oldbusiness models–thefuturebelongstotheboldandthe innovative.Thisisyourmoment!Here,weareunveiling 10futurebusinessideasinIndiathathavethepotential toturnyourmillion-dollardreamsintoreality.

Fromtech-drivensolutionstocateringtoevolving consumerneeds,theseideasarenotjustexciting, they'reprimedforsuccess.So,ditchthefearand unleashyourinnerentrepreneur

Getreadytotakeabiteoutoftheseyoungbusiness ideas!

BeforewejumpintofuturebusinessinIndiain2025,wemust understandtheeconomicpositionandthemarketsituation!

EconomicGrowthandtheChangingBusiness Environment

Themanufacturingindustrystilllags,consideringIndia’s potentialtocatertoglobalmarketdemand.Inrecenttimes, schemesandencouragingprogramsfromtheIndian governmentandseveralstategovernmentshavechangedthe scenario.MakeinIndiaandthePLIschemehighlightthe commitmentofthegovernmenttoreachitstruecapacity.

Thegovernmentisbuildinginfrastructureforeffective connectivity,whichwillincreasepotentialbusiness transactions.Severalmegaprojects,highwayexpansion, increasingmetropolitancitiesinIndia,andsmartcitiesin Indiaarejustafewexamples.

India’seconomy hasbeengrowingatanaverageof7%per yearsince2000,upfrom4.5%overthepreviousfourdecades. Inthethirdquarterof2024,India’sGDPgrewby8.4%,which washigherthanmarketanalysts’expectations.Inthefinal threemonthsof2023,India’seconomygrewatitsfastestpace in1.5years,drivenbystrongconstructionandmanufacturing activity

Thesenumbersencouragethesmartmindsofthenationto engageinthegrowthraceandseizebusinessopportunities.

ListoffuturebusinessinIndia2025

India’smarketisrapidlygrowingfromlow-endproductsto premiumproductsandservices.Therefore,youcancaterto everyincomecategoryofthenation.Wearelistingthetop10 mostprofitablebusinessideastomakeyouearnamillion rupees.

ThelistoffuturebusinessinIndia2025goeslikethis:

1.CloudKitchens&DeliverySolutions

2.EdTech

3.Phygital

4.Sustainable&RenewableEnergySolutions

5.Telehealth&MentalWellnessServices

6.Co-workingSpaces&On-DemandServices

7.IoT:SmartHomes&ConnectedDevices

8.BigDataAnalytics&AI-poweredSolutions

9.HomecaretotheElderly

10.ElectricVehicles&ChargingInfrastructure

1.TheRiseoftheRemoteRevolution:CloudKitchens& DeliverySolutions

India’sbustlingcitiesandgrowingremoteworkcultureare fuelingared-hottrend:futurebusinessinIndia2025.It revolvesaroundconvenience,andfooddeliveryisaprime example.Peoplecravedeliciousmealsdeliveredstraightto theirdoors,andcloudkitchensareperfectlypositionedtomeet thisdemand.

Unliketraditionalrestaurants,cloudkitchensditchthedine-in experience.Theyfocussolelyonpreparingfoodfordelivery, operatingfromcentralizedkitchenswithloweroverheadcosts.

Thefinallegofthejourney–gettingfoodpipinghotfrom kitchentocustomer–iscrucial.Efficientlast-miledelivery solutionsaretheunsungheroesofthisbusiness.Partnering withreliabledeliveryplatformsensuresfoodarrivesfreshand fast,keepingcustomershappyandordersflowing.

AreportpublishedbyIMARCstatesthatthecloud kitchenanddeliveryindustryisexpectedtoreach$2.9 millionby2032inIndia.

2.

Upskilling&Reskilling:TheEdTechBoom

Thejobmarketisamovingtarget.Skillsthatwereoncein highdemandcanquicklybecomeobsolete.Thiscreatesa constantneedforupskillingandreskilling–andthat’s wherefuturebusinessinIndia2025getsexciting.Enter EdTech,therevolutionineducationtechnology.

India’sdiversepopulationcraveseducationintheirnative tongue.EdTechplatformsareembracingvernacular languages,makingqualityeducationaccessibleto everyone.Thisopensdoorsformillions,fosteringafuture workforcebrimmingwithpotential.

Ifyouareanexpertorspecialistinanyoneormultiple fields,youcanmonetizeyourknowledge.Forexample, manyeducationtechnologyplatformshavecomeinto existence.Nowthattheyhaveareputedspace,theystart searchingforspecializedindividualstoteachtheir studentshighlydemandingskills.

Fornow,dataanalytics,digitalmarketing,videoediting, andpromptengineeringarethetrendingpositionsinthe market.Ifyouareanexpertinoneofthesefields,you haveagreatopportunityforsideincome.

3.ThePowerof“Phygital”:MergingPhysical& DigitalRetail

Thefutureofretailisn’tonlineoroffline–it’safusionof both.FuturebusinessinIndia2025revolvesaroundthe “phygital”experience,seamlesslyblendingthephysical storewiththedigitalworld.

Imaginetryingonclothesvirtuallybeforeyoubuythem, orexperiencingaproductina3Denvironmentwithina physicalstore.That’sthepowerofphygitalretail.Ituses technologieslikeaugmentedreality(AR)andvirtual reality(VR)tobridgethegapbetweenonlinebrowsing andin-storeshopping.

ARandVRcreateimmersiveexperiencesthatgrab customerattention. Imagineacustomerusingtheirphone toseehowthatnewcouchwouldlookintheirliving room,orvirtuallytryingonapairofsunglasses.This interactiveapproachboostsengagementandmakes shoppingmorefun.

Lenskart,TitanEyeplus,Zivame,PharmEasy,andYonoby SBIarejustafewexamplesofsuccessfulphygital experimentsinIndia.

4.TheGreenerFuture:Sustainable&RenewableEnergy Solutions

India’sfutureisbright,andit’sgettinggreener!Future businessinIndiaisallaboutsustainability Thegovernment andconsumersalikeareprioritizingcleanenergyinitiatives, creatingawealthofopportunitiesforeco-conscious entrepreneurs.

Solarpowerinstallationsareaboomingbusiness.WithIndia receivingamplesunlight,harnessingsolarenergyoffersa cleanandcost-effectivealternativetotraditionalpower sources.Businessesinstallingsolarpanelsordeveloping innovativesolarsolutionsarewell-positionedforsuccess.

Energy-efficientappliancesandgreenbuildingsolutionsare anotherhotarea.Consumersareincreasinglylookingfor waystoreducetheirenvironmentalimpactandsavemoney onenergybills.Businessesofferingenergy-efficientproducts orgreenbuildingconsultingservicescantapintothis growingmarket.

Greatexamplesofsustainableenergybusinessmodelsare solarpanelmanufacturing,solarpanelframemanufacturing, andsolarinvertermanufacturing.Also,youcanlookfor opportunitiesinrobustbusinessideaslikelow-energyfans, ACs,andotherelectronicappliances.

5.WellnessontheGo:TheRiseofTelehealth&Mental WellnessServices

EventhoughIndiaisafamily-orientedcountryitlacksan emotionalconnection.Globalizationandrisingcareer opportunitiesarecreatingcertainmentalandmedical challengesamongthepopulation.Now,peopleare prioritizingbothphysicalandmentalhealth,creating excitingopportunitiesforbusinessesfocusedonwellnesson thego.

Telehealthplatformsconnectpatientswithdoctorsvirtually Thisallowsforremoteconsultations,onlinefitness programs,andevenmentalhealthcounselingservices. Telehealthoffersconvenienceandaccessibility,perfectfor busylifestyles.

Wearablehealthtrackersandpersonalizedwellnessappsare anothertrendtowatch.Thesetoolsempowerindividualsto

monitortheirhealth,trackprogress,andreceive personalizedrecommendations.Thisdata-drivenapproach towellnessisthefuture!

6.TheSharingEconomy:Co-workingSpaces&OnDemandServices

Thewayweworkischanging.Futurejobscanbeabout flexibilityandtheriseofthesharingeconomy Thistrend isfueledbyagrowinggigworkforceandaneedfor adaptableworkspaces.

Thesesharedworkenvironmentsofferfreelancers, startups,andremoteworkersaprofessionaland collaborativeworkspace.Theyprovideamenitieslike high-speedWi-Fi,meetingrooms,andnetworking opportunities–allwithouttheheftyoverheadcostsofa traditionaloffice.

Indiaboastsseveralsuccessfulco-workingspaces. CompanieslikeWeWorkandInnov8offeravibrant workspaceexperienceinmajorcities.Thesespacesfoster collaborationandinnovation,makingthemidealfor buddingentrepreneursandestablishedbusinessesalike.A cafewithdecentsittingspaceandavibrantworking ambiancecouldbeapotentialmodelforaco-working space.

7.TheInternetofThings(IoT)Revolution:Smart Homes&ConnectedDevices

Imagineaworldwhereyourlightsadjustautomatically andyourfridgereordersgrocerieswhenthey’relow This isthepoweroftheInternetofThings(IoT),andit’s revolutionizingthewaywelive.

SmarthomesareamajorgrowthareaintheIoT landscape.Businessescandevelopsmarthomedevices likethermostats,lightingsystems,andconnected appliances.Thesedevicescanbecontrolledremotely, offeringconvenienceandenergysavingsforhomeowners.

Theopportunitiesextendbeyondsmarthomes.Businesses candevelopconnectedappliancesforindustrieslike manufacturingandagriculture.Sensor-basedsecurity systemscanofferenhancedsecurityforbusinessesand residences.Thepossibilitiesaretrulyendless!

However,withgreatconnectivitycomesgreat responsibility.Datasecurityandprivacyareparamount concernsintheIoTworld.Businessesdevelopingthese

devicesmustprioritizesecuredataencryptionanduser privacytogainconsumertrust.

8.ThePowerofData:BigDataAnalytics&AIpoweredSolutions

Manymarketexpertsstate,“Weliveinadata-driven world!”Theamountofinformationgeneratedeveryday isstaggering.Asaresult,futurebusinessinIndiahinges onharnessingthisdatatogainvaluableinsights.

Bigdataanalyticshelpsbusinessesextractvaluable insightsfrommassivedatasets.Imagineidentifying customertrends,predictingfuturedemand,oroptimizing marketingcampaigns.Thisdata-drivenapproachgives businessesacompetitiveedge.

Artificialintelligence(AI)isnolongersciencefiction.AI canautomatetasks,analyzedataforhiddenpatterns,and evengeneratecreativecontent.Businessescanleverage AIforpredictiveanalytics,personalizedmarketing,and evenproductdevelopment.

IndianbusinessesarealreadyreapingthebenefitsofAI. Flipkart,aleadinge-commerceplatform,usesAIfor productrecommendationsandpersonalizedcustomer experiences.Similarly,OlaCabs,aride-hailingapp,uses AItooptimizeroutesandpredicttrafficpatterns.These examplesshowcasetheimmensepotentialofAIinfuture businessinIndia2025.

9.SilverpreneursontheRise:Homecaretothe Elderly

ThenumberofelderlypeopleinIndiaisrisingsharply This“silverwave”createsademandforspecialized servicesandproductstailoredtotheirwell-being.From healthcaretohousing,innovativebusinessescancaterto thisgrowingmarket.

Seniorlivingcommunitiesofferasafeandsocial environmentforelderlyindividuals.Thesecommunities provideaccommodation,healthcarefacilities,and recreationalactivities,promotinganactiveandfulfilling lifestyleforseniors.

Theneedsofseniorsextendbeyondhousing.Businesses canofferin-homehealthcareservices,assistedliving solutions,andevengeriatriccarespecialists.These servicesensureseniorsreceivethecaretheyneedwhile maintainingtheirindependence.

Technologycanempowerseniorstoliveindependently Imaginewearablehealthtrackersthatmonitorvitals,or smarthomedevicesthatcanbecontrolledbyvoice commands.Theseinnovativesolutionsofferpeaceof mindforseniorsandtheirfamilies.

Indiaalreadyboastssuccessfulbusinessesintheelderly carespace.CompanieslikeAntaraSeniorLivingoffer premiumseniorlivingcommunities.Similarly, SevaAt Homeprovidesin-homehealthcareservicesforseniors. Theseexamplesshowcasetheimmensepotentialof futurebusinessinIndia2025focusedoneldercare.

10.TheFutureofMobility:ElectricVehicles& ChargingInfrastructure

Indiaisshiftinggears!Itisdrivenbysustainability,and electricvehicles(EVs)areleadingthecharge.These eco-friendlyvehiclesofferacleaneralternativeto traditionalgasoline-poweredcars,buttheirsuccess hingesonakeyfactor:charginginfrastructure.

ForEVstotrulytakehold,arobustchargingnetworkis essential.BusinessescaninvestinsettingupEV chargingstationsathomes,offices,andalonghighways. ThisensuresconvenientchargingoptionsforEV owners,acceleratingtheiradoption.

TheEVrevolutionextendsbeyondchargingstations. Businessescanexplorebattery-swappingtechnology, offeringaquickandconvenientwaytoreplenishEV batteries.Additionally,specializedEVmaintenance serviceswillbeinhighdemand.

IndiaisalreadywitnessingasurgeinEV-related businesses.CompanieslikeTataPoweraresettingup chargingstationsacrossthecountry.Similarly,Ather Energyoffershigh-performanceelectricscootersalong witharobustcharginginfrastructure.Theseexamples showcasetheimmensepotentialoffuturebusinessin India2025focusedonelectricmobility

PointofStartofFutureBusinessinIndia2025

Further,wewouldencouragethepotentialyouthof Indiatohaveavisionarymindsetanddevelopcustomercentricproductsandservices.Also,havea comprehensivestudyongovernmentpoliciesand environmentalconcerns.Thesearejustafewtipsfrom ustograbgreatopportunitiesforfuturebusinessinIndia 2025.

Lee Chee Koon Molding CapitaLand’s Legacy in the Asian Market

InhisroleastheGroupChiefExecutiveOfficerof CapitaLandInvestment,LeeCheeKoonhasbeen instrumentalinsteeringthecompanytowards significantgrowthandtransformation.Hisleadershiphas beenpivotalinrepositioningthebusinesstoaccelerate growthandcreategreatershareholdervalue.Heplayeda keypartinthestrategicmergerbetweenCapitaLandand Ascendas-Singbridgein2019,whichexpanded CapitaLand’sglobalfootprintanditsfundmanagementand lodgingmanagementplatforms.

Lee’sJourneyfromEngineeringtoEntrepreneurship

Hiseducationalbackgroundlaidthefoundationforhis illustriouscareer.AgraduateinMechanicalEngineering fromtheNationalUniversityofSingapore,hefurtherhoned hisexpertisewithaMasterofSciencedegreeinAdvanced MechanicalEngineeringfromImperialCollegeLondon. Thisacademicexcellence,combinedwithhisvisionary leadership,hasbeeninstrumentalinnavigatingCapitaLand throughchallengesandtowardsuccess.

Throughouthiscareer,LeeCheeKoonhasdemonstrateda keenabilitytoturnchallengesintoopportunities,atraitthat hasbeenpivotalduringhistimeatCLI.Hisroleisof paramountimportance,asitinvolvessteeringoneofAsia’s leadinginvestmentmanagementcompaniesthroughthe ever-evolvinglandscapeofrealestateandinvestment.The challengeshefaced,particularlyduringtheglobal pandemic,showcasedhisresilienceandadaptability, ensuringthatCapitaLandnotonlyweatheredthestormbut emergedstronger

APathofLeadershipThroughChallenges

Duringhistenure,LeeCheeKoonfacedchallengessuchas theCOVID-19pandemic,whichseverelyimpactedthe hospitalityandretailbusiness.Heledhisteamthrough

thesedifficulttimes,ensuringthecompany’sresilienceand continuedgrowth.Theyear2023wasparticularlychallenging duetovariousgeopoliticalandeconomicheadwinds,butLee remainedconfidentaboutthefutureandfocusedonturning challengesintoopportunities

LeeCheeKoon’sjourneytobecomingtheGroupCEOof CapitaLandInvestment(CLI)ismarkedbyaseriesofstrategic leadershiprolesandsignificantachievements.Histenureat CapitaLandGroup,from2018to2021,wasparticularly transformative.AsPresidentandGroupCEO,heorchestrated thestrategicmergerwithAscendas-Singbridgein2019,a movethatnotonlyexpandedCapitaLand’sbusinessscopebut alsosolidifieditspositionasoneofAsia'slargestdiversified realestatecompanies.

ThismergerwascrucialinenhancingCapitaLand’spresence acrossvarioussegments,especiallyinthebusinesspark, industrial,andlogisticssectors,anditextendedthecompany’s reachinkeymarketslikeChinaandIndia.Italsostrengthened CapitaLand’sfundmanagementandlodgingmanagement platforms,settingthestageforthecorporaterestructuringthat ledtothecreationofCLIin2021.

AwardsandRecognitions

LeeCheeKoon’sleadershipwasrecognizedwhenhewas awarded“OutstandingChiefExecutiveoftheYear”atthe SingaporeBusinessAwards2022,atestamenttohisimpactful contributionstothecompanyandtheindustry.

LeeCheeKoon’sstoryisoneofperseverance,innovation,and strategicforesight,qualitiesthathaveundoubtedlycontributed tohisnumerousawardsandachievements,includingthe prestigiousaccoladefromtheSingaporeBusinessAwards.His journeyservesasaninspirationtomanyinthecorporate world,demonstratingtheimpactofstrongleadershipanda commitmenttoexcellence.

Know the 5 Most Powerful Countries in the World Ranked on Their GDP in 2024

Theever-shiftinglandscapeofglobalinfluenceseesaselectfew

countriesrisetothetop,wieldingpowerthattranscends borders.

Thisinsightfulexplorationdelvesintothemostpowerfulcountriesin theworld,asmeasuredbytheirGrossDomesticProduct(GDP),to unveilthekeyfactorsshapingtheirdominance.

Fromiconicleadersandbustlingcapitalstovastterritoriesanddiverse populations,Ihaveexploredthecrucialdetailsthatunderpineach nation'sstrength.

Ihavemeticulouslydissectedthekeysectorsinfluencingtheir economicfortunes,focusingontheannualGDPgrowthratesofthetop 5contenders.Thisanalysispaintsacomprehensivepictureoftheir economicprowess.

Butpowerisn'tjustabouteconomicmuscle.Ihavealsofocusedonthe formidablemilitarystrengthofthese5nations.

Ihaveofferedadeeper understandingoftheirstrategic capabilitiesbyanalyzingtheir 2024defensebudgetsand dissectingthefactors contributingtotheirmilitary might.

Theblog'sexploration seamlesslytransitionsbetween economicandmilitaryfacets, presentingaholisticviewofthe top10mostpowerfulcountries.

Byconsideringmorethanjust GDP,thisblogprovidesabetter understandingoftheir multifaceteddominanceonthe worldstage.

HereAreThe5MostPowerfulCountriesInTheWorld

1. USA

● Leader:JoeBiden

● Population:0.34billion

● Area:9.834millionkm²

● Capital:WashingtonDC

● GDP:$27.36trillion

TheUnitedStates,acornerstoneofglobalinfluence,boasts anannualGDPgrowthrateof1.5%.

Butitspowerextendsbeyondmerenumbers.Itseconomy, averitablepowerhouse,thrivesonthediversecontributions ofvarioussectorstoitsGrossDomesticProduct:

ThefollowingarethekeycontributorstoUSGDP:

● Professionalandbusinessservices:$3.5trillion

● Realestate,rental,andleasing:$3.5trillion

● Manufacturing:$2.9trillion

● Educationalservices,healthcare,andsocial assistance:$2.3trillion

● Financeandinsurance:$2.0trillion

● (Listcontinueswithremainingsectorsand amounts)

● Beyondeconomicmight,theUSwieldssignificant militarystrength,evidentinitsannualdefense budgetof$816.7billion.

TheUSGovt.hasallotted$842billionasitsdefense budgetfor2024.Notably,severalkeyfactorsunderpin thispower:

Financialmuscle:TheUSoutspendsallothernationson itsmilitary,allowingforinvestmentincutting-edge technology,weaponry,andtrainingforitspersonnel.

Volunteerforce:Unlikeconscriptedarmies,theUSrelies onmotivatedandhighlyeducatedvolunteers,fosteringa strongsenseofunityanddedication.

Airsuperiority:TheUSAirForceboastsanunparalleled fleetofadvancedfighterjetsandbombers,ensuring dominanceinaircombatandrapidglobaldeployment.

MightyNavy:Withaircraftcarriersatitscore,theUS Navyprojectspoweracrosstheworld'soceans.This“bluewaternavy”safeguardsvitalsealanesandprovidescrucial supportforoverseasoperations.

Alliednetwork:TheUSbenefitsfromanetworkofglobal allies,bolsteringitsmilitaryreachandinfluencethroughshared intelligenceandlogisticalsupport.

2. China

● Leader:XiJinping

● Population:1.42billion

● Area:9.597millionkm²

● Capital:Beijing

● GDP:$17.52trillion

Chinarankssecondinthelistofthemostpowerfulcountries basedonitsGDP. Boastinganimpressiveannualgrowthrate of4.2%,itseconomicstrengthisundeniable.

ThesearethekeysectorsdrivingChina'sgrowth:

● Industrialsector:31.7%

● Wholesaleandretail:9.8%

● Finance:8%

● Agriculture,fishery,andanimalhusbandry:7.5%

● Construction:6.8%

Beyondeconomicprowess,China'smilitarystrength deservesattention.Its$224billiondefensebudgetfuelsan impressiveforce,bolsteredbyseveralkeyfactors:

Massivemanpower:ThePeople’sLiberationArmy(PLA), withover2millionpersonnel,constitutestheworld’slargest activeforce.Thissheersizetranslatesintoaformidable presenceontheworldstage.

RapidModernization:Chinaprioritizesupgradingitsmilitary technology,andinvestingheavilyinadvancedjets,ballistic missiles,andothercutting-edgeweaponry.Thiscontinuous innovationnarrowsthegapwithestablishedpowers.

FocusontheNavy:Withagrowingfleetofaircraftcarriers andsubmarines,theNavyreceivesparticularattention, solidifyingChina'smaritimereachandinfluence.

Anti-accessAreaDenial:Chinastrategicallybuilds capabilitiestorestrictaccesstoitsterritory,employing powerfulmissilesandothersystemstodeterpotential adversaries.

NuclearDeterrence:Thoughsmallercomparedtoother nucleararsenals,China'sstockpileaddsasignificantlayerof complexitytoanypotentialconflict,servingasacrucial deterrent.

3. Germany

● Leader:OlafScholz

● Population:0.08billion

● Area:357,592km²

● Capital:Berlin

● GDP: $4.509trillion

Germanyboaststhethirdspotonthelistofmostpowerful countries,drivenlargelybyitseconomicmight.Withan annualGDPgrowthrateof0.9%,thenationboastsa diversifiedeconomy

Thefollowingarethesectorsthathavecontributedto Germany'seconomicboost:

● Agriculture,forestry,&fishing:3.7%

● Manufacturing:0.1%

● Construction:0.2%

● Trade,transport,&services:-1.4%

● Information&communication:1.1%

● Financial&insurance:-2.1%

● Realestate:0.2%

● Businessservices:0.0%

● Publicservices,education,health:1.1%

● Otherservices:-0.8%

TheGermanGovt.hasinvested$53.62billioninits defensesectorforthisyear.Notably,thefollowingare thereasonswhyGermany'sMilitaryissostrong:

TechnologicalProwess:Germanyinvestsheavilyin cutting-edgeweaponry,likeLeopardtanksand Eurofighters,ensuringamodernandeffectivearsenal.

SkilledPersonnel:TheBundeswehrprioritizeshighqualitytraining,fosteringadaptableandskilledsoldiers capableofhandlingdiverseoperations.

InternationalCooperation:Germanyactivelyparticipates inNATOmissions,gainingvaluableexperienceand interoperabilitywithallies,strengtheningitsinternational standing.

DefensivePosture:Post-warpacifismhasshapedthe Bundeswehr'sfocusonpeacekeepingandcrisisresponse, contributingtoamorestableinternationalenvironment.

EconomicBacking:Germany'srobusteconomyallowsfor sustainedinvestmentinmilitarycapabilities,ensuring continuedreadinessandeffectiveness.

4. Japan

● Leader:FumioKishida

● Population:0.12billion

● Area:377,973km²

● Capital:Tokyo

● GDP: $4.21trillion

Clockinginatnumberfouronthelistofmostpowerful countries,Japanleveragesbotheconomicmightand strategicalliancestosecureitsglobalstanding.Itsrobust GDP,boastinga1.6%growthrate(2023-24),is underpinnedbyvarioussectors:

ThefollowingarethekeysectorsboostingJapan's economy:

● Manufacturing:18.7%

● Wholesale&RetailTrade:13.9%

● Finance&Insurance:10.4%

● RealEstate:9.8%

● PublicAdministration:7.5%

● Construction:6.3%

● MilitaryMight:

Despitepacifistconstraints,Japanallocatesa significant$56billion(2024)toitsdefense,ensuringa potentforce.Thistranslatesintoseveralkeystrengths:

TechnologicalEdge:Japanisatechpowerhouse,boasting world-classfighterjets,submarines,anddestroyers.Its commitmenttoR&Densuresaconstantlyevolving arsenal.

AllianceAdvantage:TheclosealliancewiththeUS enablesjointtraining,technologysharing,andoperational planning,significantlyamplifyingcapabilities.

StrategicSpending:Japanprioritizesqualityover quantity,ensuringwell-equippedandhighly-trained forces.Thisstrategicapproachmaximizesitsmilitary effectiveness.

NaturalDefenses:Surroundedbywater,Japanleverages geographytoitsadvantage,focusingonmaritimeandair power,makingitformidableatseaandinthesky.

PeacefulPosturing:Surprisingly,Japan'spacifiststance contributestoitsstrength.Byavoidingunnecessary conflicts,thenationcanfocusonefficientforce modernization.

5. India

● Leader:NarendraModi

● Population:1.44billion

● Area:3.287millionkm²

● Capital:Delhi

● GDP: $3.57trillion

Roundingoutthelistofthe5mostpowerful countriesbasedonGDP,Indiastandstall withaboomingeconomyandaformidable military.Its7.3%annualGDPgrowthrate (2023-24)signifiesavibranteconomydriven bydiversesectors.

Despiteamodestdefensebudgetof$7.49billion(2024-25), IndiapacksapunchwithitsMilitaryduetothefollowing factors:

SheerManpower:Withover1.4millionactivepersonnel,the world'ssecond-largest,Indiaboastsaformidablegroundpresence.

Battle-TestedResilience:NumerousconflictshavehonedIndia's troops,enablingthemtoadapttodiverseenvironments,and showcasingtheirresilience.

Self-Reliance:Prioritizingindigenousweaponsdevelopment reducesdependenceonexternalsuppliers,strengtheningselfreliance.

Thefollowingarethekeysectorsboosting itseconomicengine:

● Agriculture,forestry,andfishing: 18.42%

● Miningandquarrying:2.3%

● Manufacturing:14.7%

● Finance,realestate,andother professionalservices:21.42%

● UtilityServices:3%

● Construction:8.19%

● Trade,hotel,transport, communication,andservicesrelated tobroadcasting:17.98%

● Administrationanddefense:13.94%

NuclearDeterrence:Asadeclarednuclearstate,Indiapossessesa strategicatomicarsenal,deterringpotentialadversaries.

ModernizationDrive:Recognizingtheneedforupgrades,India activelymodernizesitsarmedforces,procuringadvanced equipmenttobolsteritscapabilities.

Conclusion

Inconclusion,thesearethemostpowerfulcountriesintheworld rankedontheirGDP.Ihavehighlightedimportantfactorsforeach ofthecountry.Forthetop5countries,Ihaveputmaximumfocus onthekeysectorsthathavecontributedtotheireconomy. Importantly,Ihavehighlightedthereasonsfortheirmilitary strengths.

PanoteSirivadhanabhakdiwas

bornonOctober31,1977,in Bangkok,Thailand,to CharoenSirivadhanabhakdi,a prominentfigureinThailand’swealth landscape.Panote’sjourneytowards becomingtheGroupChiefExecutive OfficerofFrasersPropertyLimited startedwithhisearlylifeinThailand andhiseducationalpursuitsinthe UnitedStates.

EducationAbroad

Tolaythefoundationforhisfuture endeavors,Panoteventuredtothe UnitedStatesforhishighschooland collegeeducation.In2000,heproudly graduatedfromBostonUniversitywith aBachelorofSciencedegreein ManufacturingEngineering.His academicjourneyreacheditspinnacle withaMasterofSciencedegreein Analysis,Design,andManagementof InformationSystemsfromthe prestigiousLondonSchoolof EconomicsandPoliticalSciencein 2005.

ALeader’sAscent

Followinghiseducationaljourney, PanoteSirivadhanabhakdijoinedthe familybusiness,ThaiBeveragePlc., whereheembarkedonajourneyof leadershipandgrowth.Hissignificant

contributionsincludedtheroleof ChiefExecutiveOfficerofThai BeveragePhilippines,settingthe stageforhisfutureleadershiproleat FrasersPropertyLimited.

FrasersPropertyLimited:A GlobalRealEstatePowerhouse

In2014,PanoteSirivadhanabhakdi wasappointedastheGroupChief ExecutiveOfficerofFrasers PropertyLimited.Underhis visionaryleadership,thecompany experiencedexponentialgrowthand hasnowevolvedintooneofthe mostinfluentialrealestate developersinAsia.

GlobalPresence

FrasersPropertyLimited’sreach spansacrossAsia,including Singapore,Thailand,China, Vietnam,Australia,andtheUnited Kingdom.Thecompanyisa multifaceteddeveloper,creating diversepropertytypes,suchas residential,commercial,retail, industrial,andhospitality

SustainableValuesandInnovative Solutions

Thecompany’svisionisclear:tobe aleadingglobalrealestatecompany

thatcreatessustainablevalueforitsstakeholders.Its missionistoprovideinnovativerealestatesolutions thatcatertotheuniqueneedsofitscustomersand communities.PanoteSirivadhanabhakdi’sleadership hasbeeninstrumentalinmakingthisvisionareality, andheremainssteadfastinhiscommitmenttothis cause.

HonorsandAchievements

PanoteSirivadhanabhakdi’sremarkableachievementsin therealestateindustrywererecognizedin2022when hewashonoredasAsia’sTopCEObyInfluential Brands.Thisaccoladeunderlineshisexemplary leadershipandtheprofoundimpacthehashadonthe sector

EducationalandIndustryEngagement

BeyondhisroleatFrasersPropertyLimited,Panote activelycontributestotherealestatelandscape.He servesasamemberoftheBoardofTrusteesat SingaporeManagementUniversityandispartofthe ManagementCommitteeofREDAS(RealEstate Developers’AssociationofSingapore).

KeyMilestonesinaRemarkableCareer

1.TransformingFrasersProperty:Panote’svisionary leadershiphastransformedFrasersPropertyintoa leadingglobalrealestatedeveloper,pushingthe boundariesofinnovationandsustainability

2.IconicProjects:Histenurehasseenthecreationof iconicprojectssuchastheJewelChangiAirportin SingaporeandtheRiversideQuayinVietnam,setting newbenchmarksintheindustry.

3.GlobalExpansion:Panote’sleadershipfacilitatedthe successfulexpansionofFrasersPropertyintonew markets,includingAustraliaandtheUnitedKingdom, broadeningitsglobalfootprint.

4.SustainabilityAdvocate:Heisachampionof sustainabilityandinnovationintherealestateindustry, guidingFrasersPropertytowardsresponsible developmentpractices.

5.Asia’sTopCEO:HisrecognitionasoneofAsia’stop CEOsreaffirmshisexceptionalleadershipinthereal estatesector

PanoteSirivadhanabhakdistandsasa visionaryleader,pioneeringtherealestate industrywithadedicationtosustainability andinnovation.Hiscommitmenttomeeting thediverseneedsofpeopleandcommunities inspiresnotonlytherealestatesectorbut alsothebroaderworld,wherethefutureof realestatedevelopmentharmoniously coexistswiththeneedsoftodayandthe aspirationsoftomorrow AstheGroupChief ExecutiveOfficerofFrasersProperty Limited,hecontinuestopavethewayfora futurewhererealestatedevelopment resonateswiththeessenceofprogress.

Multinational Companies in India

Comparison of Indian MNCs v/s Foreign MNCs

WeallknowthatmultinationalcompaniesinIndiaare notjustopportunitiesforjobs!But,theyarealsoagreat sourceofrevenueforthecountry!Butdidyouknow? ThefirstactualMNCintheworldwasinIndia!

Well,someofthegreatestMNCsintheworldhavetheir officesinIndiatoday.Indeedthisaddsupnotonlytothe financesofourcountrybutalsoaddsforeignvaluetothe workexperienceofyourresume.

Importantly,haveyoueverthoughtaboutwhatkindof companywouldbebestforyoutoworkfor?Isitoneof thesemultinationalcompaniesinIndiaoraforeign MNC?Well,don'tworry,Ihavegotyoucovered!So, let'squicklyhavealookatthecomparisonbetween multinationalcompaniesinIndiaandforeignMNCsto helpyouchoosewell.

MultinationalCompaniesinIndia

MultinationalcompaniesinIndia(MNCs)arebig businessesfromdifferentcountries.TheycametoIndiaa verylongtimeago.Intheyear1600,thefirstprominent MNCwastheEastIndiaCompanyitselffromGreat Britain.

Well,itwasbackin1991,whenIndiagreetedmore MNCswhichhelpedthecountry'sfinancesgrow.Indeed, thesecompaniesdolotsofthingsandthereforetheyhave manyjobopportunitiestooffertothepeople.

Besides,theysupportthecountrytoconnectwiththe wholeworldbyopeningnewdoorstobusiness opportunities.Herearesomeexamplesoftop multinationalcompaniesinIndiaandforeign multinationalcompaniesinthecountry

○ LatestAnnualRevenue:$150billion

○ Headquarters:Mumbai,Maharashtra

2. RelianceIndustries

○ LatestAnnualRevenue:$119.9 billion

○ Headquarters:Mumbai,Maharashtra

3.

AnnualRevenue:$57.07billion

○ Headquarters:Mumbai,Maharashtra

4. StateBankofIndia

○ LatestAnnualRevenue:$37.61billion

○ Headquarters:Mumbai,Maharashtra

5. ICICIBank

○ LatestAnnualRevenue:$27.11billion

○ Headquarters:Mumbai,Maharashtra

6. HDFCBank

○ LatestAnnualRevenue:$20.39billion

○ Headquarters:Mumbai,Maharashtra

7. Infosys

○ LatestAnnualRevenue:$18.6billion

○ Headquarters:Bangalore,Karnataka

8. BhartiAirtel

○ LatestAnnualRevenue:$17.96billion

○ Headquarters:NewDelhi,Delhi

9. HCLTechnologies

○ LatestAnnualRevenue:$13.3billion

○ Headquarters:Noida,UttarPradesh

10. Wipro

○ LatestAnnualRevenue:$10.8billion

○ Headquarters:Bangalore,Karnataka

TopForeignMultinationalCompanies

1. Microsoft

○ LatestAnnualRevenue:$3.042trillion

○ Headquarters:Redmond,Washington, UnitedStates

○ IndianHeadquarters:Hyderabad, India

TopMultinationalCompaniesinIndia
1. TataGroup
Larsen&Toubro

Apple

○ LatestAnnualRevenue:$2.796trillion

○ Headquarters:Cupertino,California, UnitedStates

○ IndianHeadquarters:Bengaluru,India

3. AlphabetGoogle

○ LatestAnnualRevenue:$2.126trillion

○ Headquarters:MountainView, California,UnitedStates

○ IndianHeadquarters:Hyderabad,India

4. Amazon

○ LatestAnnualRevenue:$1.964trillion

○ Headquarters:Seattle,Washington, UnitedStates

○ IndianHeadquarters:Hyderabad,India

5. SaudiAramco

○ LatestAnnualRevenue:$1.933trillion

○ Headquarters:Dhahran,SaudiArabia

○ IndianHeadquarters:Gurugram,India

6. Walmart

○ LatestAnnualRevenue:$488.58billion

○ Headquarters:Bentonville,Arkansas, UnitedStates

○ IndianHeadquarters:Gurgaon,India

7. ChinaNationalPetroleum(PetroChina)

○ LatestAnnualRevenue:$421.4billion

○ Headquarters:Beijing,China

○ IndianHeadquarters:Mumbai,India

8. UnitedHealthGroup

○ LatestAnnualRevenue:$379.487 billion

○ Headquarters:Minnetonka,Minnesota, UnitedStates

○ IndianHeadquarters:Mumbai,India

9. ExxonMobil

○ LatestAnnualRevenue:$341.10billion

○ Headquarters:Irving,Texas,United States

○ IndianHeadquarters:Bengaluru,India

10. Shell

○ LatestAnnualRevenue:$233.03 billion

○ Headquarters:TheHague,Netherlands

○ IndianHeadquarters:Delhi,India

MultinationalCompaniesinIndiav/sForeign MultinationalCompanies

● WorkingHours

MultinationalCompaniesinIndiamaystickto thestandardworkinghours.Thus,generally, thesetimingsrangefrom9amto6pm.

UnlikeIndianMNCs,ForeignMNCsmaynot sticktoanyspecifictimings.Theymayfavor goingaccordingtoglobalstandards.Additionally, theyofferflexiblehoursforworking.Also,to adapttotheinternationalmarkets,theyhave differentshifts.

● BenefitsandPerks

Thebenefitsandperksofthemultinational companiesinIndiaarecustomizedaccordingto thelocalpracticesandneedssuchas transportationandbonusesforfestivalsetc.

Nevertheless,foreignmultinationalcompanies oftengivebenefitsaccordingtoglobalstandards. And,thebenefitsmayincludeanopportunityfor internationaltrips,retirementplans,andhealth insurance.

● CompanyReputation

Undoubtedly,Indiancompaniesarealways recognizedfortheircontributionsnotonlytothe localeconomybutalsotosociety Therefore, multinationalcompaniesinIndiahaveastrong reputationwithinthecountry

DifferingfromtheIndianMNCs,theseforeign multinationalcompaniesarealwaysperceivedas moreprestigiousbecauseoftherecognitionof

thebrandworldwide.Thisglobalpresenceadds extravaluetothenameofthecompanyandthe resumesoftheemployeesworkingthere.

● WorkEnvironment

Theworkenvironmentofmultinational companiesinIndiaismostlytraditional andclass-conscious.Undoubtedly,here thepositionsaregradedbasedon quality,ranksoftheposition,andthe sizeofworkdesignated.

Indeed,foreignMNCspresentamore vibrantandactiveworkenvironment. Duetothemixofdifferentculturesand practices,thereisdiversityinthework environment.

● CompanyValues

MultinationalcompaniesinIndia prioritizeandresonatewiththevalues ofIndianculturesandsocialstandards. Inaddition,thismakesiteasyfor peopleinthecountrytoworkhere withoutfeelingleftout.

Withoutadoubt,foreignmultinational companiesfocusmoreoncorporate valueswithglobalstandards.And,they spotlightmatterslikeinnovation, diversity,andsustainability

● RecognitionandAppraisal

Therecognitionandappraisalof employeesatmultinationalcompanies inIndiaarebasedmainlyonthe seniorityofthemembersofthe workforceandtheirloyaltytothe company.

IncontrasttoIndianMNCs,foreign multinationalcompaniesprefer recognitionandappraisalbegivento theemployeebasedontheir performance.Therefore,theyfollow clearmetrics,andtheappraisalsare doneregularly.

● Work-lifeBalance

TheIndianMNCsthesedays areconcentratingongivingthe employeesabetterwork-life balance.But,thismaydiffer widelyfromcompanyto company

Nevertheless,foreign multinationalcompanies prioritizework-lifebalanceby settingpoliciesforthe employees.And,theirpolicies alsoincludeoptionsforremote workingandwellnessprograms.

Indeedit'salwaysgoodtoresearchand considertheseaspectsbeforemakingany importantdecisionespeciallytomeet yourcareergoals!

EndNote

Asweconcludeourjourneyoftheright choiceforyou,werealizethis comparisonisimportantforeverybody. Betweenmultinationalcompaniesin IndiaandaforeignMNCalways rememberthatyourcareersafariistruly yours!Soalwaysconsideryourvalues, passions,andresonationwiththe companyethicsbeforechoosingyour path.

ThesemultinationalcompaniesinIndia havenotjustsetuptheirbusinesses,but havebecomeapartofus.Either consideringdoingajoborsimplybeing interestedinglobalnumbers,directlyor indirectlyyouareallconnectedtothese MNCs.Theyhavewoventhemselves intothefabricofIndia'seconomy!

So,let'scherishtheseextraordinary revenuegeneratorsbymakingmindful decisionsandchoosingtherightoptions always.Indeed,notjustforthesakeof jobsbutforthesakeofbeingauseful assettotheeconomyofourcountry!

IInthedynamiclandscapeofAsianrealestate,Sumit Mukherjee(Head,RealEstate,Asia,Turner& Townsend)standsoutasavisionaryleader.His journeywithTurner&Townsendhasbeenmarkedby aseriesofstrategicmovesthathavepropelledthe companytonewheightsintheregion.

TheSoutheastAsianSuccessStory

ExpandingHorizonsSumit’stenureastheheadof SoutheastAsianoperationswascharacterizedby robustgrowthanddiversification.Headeptlymanaged officesinSingapore,Malaysia,Indonesia,the Philippines,andVietnam,fosteringsectorengagement andexpandingservicelines.Thisperiodwasa testamenttohisabilitytonavigatethroughdiverse marketsanddriveTurner&Townsend’sbusiness forward.

Turner&Townsendisaglobalpowerhousein professionalservices,renownedforitsexpertiseinreal estate,infrastructure,andnaturalresourcessectors. Witharobustpresencein48countriesandateamof over10,000professionals,thecompanyisabeaconof excellenceinmajorprogrammes,programme management,costandcommercialmanagement,net zerosolutions,anddigitalinnovationl.

TheAsianFootprint:ExpandingReachInthe Continent

Turner&Townsendhasbeenadrivingforcesince 1990,establishingasignificantfootprintwith18 officesacrossninecountries.Thecompany’s operationsinAsiaareablendoflocalknowledgeand globalbestpractices,deliveringunparalleledserviceto bothglobalandlocalcompanies.

Turner&Townsend’sexpertiseinAsiaspansawide arrayofindustries,includinghi-tech,manufacturing, commercial,transport,healthandeducation,retail, leisure,andhospitality Thisdiversityshowcasesthe company'sabilitytoadaptandprovidetailored solutionsacrossvarioussectors.

StrategicLeadership:SteeringGrowth

Thecompany’sstrategicleadershipinAsiaisexemplifiedby itscommitmenttoclientsatisfactionandprojectsuccess. Turner&Townsend’sleaders,likeSumitMukherjee,playa pivotalroleinnurturingstrategicpartnershipsanddriving businessdevelopmentacrossthecontinent.

CultivatingPartnershipsTransitioningfromSoutheastAsia toabroaderrole,Sumit’sresponsibilitiesamplified.Asthe HeadofRealEstateforAsia,hebecamethelinchpinforthe company’srealestateactivitiesacrossthecontinent.His strategicforesightwascrucialindevelopingkeyclient sponsorshipsandprincipalstrategicpartnerships,ensuringa steadytrajectoryofgrowthandinfluence.

TheLeadershipMantle:ChampioningService Excellence

Sumit’sroleisnotjustaboutoverseeingprojects;it’sabout settingabenchmarkforserviceexcellence.Heisresponsible forallrealestatesectoractivities,fromservicepropositions toclientinteractions,shapingthecompany’sfutureinAsia.

OneofSumit’scorebeliefsistheimportanceoftalentand capabilitydevelopment.Heiscommittedtocultivatinga workforcethatisequippedtomeetthechallengesof tomorrow,ensuringthatTurner&Townsendremainsatthe forefrontoftheindustry

ChallengesandAdaptability:OvercomingMarket Complexities

TherealestatemarketinAsiaisfraughtwithcomplexities. Sumit’sleadershipentailsnavigatingthesechallenges,from regulatorychangestoeconomicfluctuations,withasteady handandaninnovativeapproach.

Withsustainabilitybecomingincreasinglyimportant, Sumit’sroleinvolvesintegratingEnvironmental,Social,and Governance(ESG)factorsintothecompany’srealestate strategies.Thisforward-thinkingapproachisessentialfor long-termsuccessintheindustry.

ALegacyofExcellenceSumitMukherjee’simpacton Turner&Townsend’sgrowthinAsiaisindelible.His strategicvision,commitmenttoserviceexcellence,and dedicationtotalentdevelopmenthavesetanewstandardin therealestatesector.Ashecontinuestoleadwithinnovation andadaptability,Sumit’slegacyisoneoftransforming challengesintoopportunitiesforgrowthandexcellence.

Head, Real Estate, Asia

Steering Real Estate Innovation in Asia

Sumit Mukherjee

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Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.