Indias last three budgets, which can be seen as statement of economic policy, have focused on two major principles: to portray India as an attractive destination for capital, and increase in public spending to raise returns and attract private investors.
Uncertainty has descended upon the $150-billion Indian outsourcing industry in anticipation of the protectionist regime under President Trump. Protectionism has been a popular election rhetoric across nations, and more so in recent times. And the voting masses seem to like it. Will Trumps campaign cry for protectionism cross the boundaries of poetic drama and come alive as laws?
Tony DavenportSpecial Advisor
Tony Davenport brings a wealth of valuable commercial, operational and financial experience to IndusView where he acts as a Special Advisor overseeing strategic planning, corporate finance deals and operational procedures.
He is a UK qualified Chartered Accountant with extensive experience of business operations and corporate recovery. His strong commercial acumen is built on his exposure to a range of industry sectors notably banking and property and the valuable depth of business insight he has gained from his wide variety of hands-on roles ranging from start-ups to large corporates. He is a confident leader who delegates well and encourages initiative and personal development in his team.
Mr. Davenport served as Finance Director of Richard Ellis the property group (now CBRE) where he was a member of the main board, Chairman of the Finance Committee, director of Richard Ellis Financial Services, and responsible for financial management and tax planning. He also played a major role in building up Richard Elliss real estate merchant banking activities to achieve a strong balance sheet and outstanding profitability.
Mr. Davenport rose through the ranks of Lloyd Bank Plc to the role of Finance Director of UK Retail Banking where he oversaw retail and commercial banking, the branch network, credit card operations, leasing, structured finance, private banking and trust divisions. Whilst working at Lloyds Bank Plc he had a personal signing off limit of £50 million.
Mr. Davenport qualified as a Chartered Accountant in the London office of Coopers & Lybrand (now PWC) and holds a B.Sc.(Hons) in Engineering from Birmingham University.