Indian firms pivot to premium products for US, EU growth: Citi’s Ghiawadwala

Ghiawadwala has spent most of her career at Citi, working in investment banking, corporate banking and commercial banking roles, alongside regional leadership positions until 2018. She then joined Barclays for three years before returning to Citi in 2021. “If you think about Chinese companies, they have gone through that same cycle of almost being the manufacturer of the world and the focus was always on the cheapest product to market. Now it is much more about innovation and that same trend is beginning to happen in India as well,” she said. PLI support India, traditionally dominated by services, is attempting…