Indian Prime Minister Narendra Modi has reiterated his `Viksit Bharat` mission time and again to make country a $5 trillion economy. As India strides towards this ambitious goal of becoming, leading conglomerates like Enso Group are set to play a pivotal role in this transformation. With diversified interests spanning energy, healthcare, infrastructure, and technology, Enso Group is actively contributing to key sectors that drive economic growth and sustainability.
One of the major contributors to India`s GDP is the energy sector. Enso Group, through its involvement in oil and gas exploration, as well as potash mining, is ensuring the country’s access to crucial resources. With stakes in major gas blocks in Siberia and a large-scale potash projects in pipeline, the group is strengthening India’s energy security and reducing import dependence. The Group also partnered with Russia`s third largest oil producer Gazopromneft to boost the oil and lubrication sector across South Asia.
Healthcare has emerged as a crucial pillar of economic resilience. Enso Healthcare, a subsidiary of the group, played a key role in the production and distribution of Sputnik V and Sputnik Light vaccines in India. By bolstering vaccine manufacturing and distribution, Enso Group has directly contributed to the country’s pandemic recovery, paving the way for a healthier workforce and sustained economic productivity.
Infrastructure remains the backbone of any growing economy. Enso Group’s participation in projects like Rapid Metro Gurgaon demonstrates its commitment to strengthening India`s urban transport ecosystem. By investing in large-scale real estate projects, the group is driving job creation and urbanization, both crucial for economic expansion.
As India gears up for a digital economy, Enso Group’s investments in cutting-edge technologies and startups provide the necessary impetus for innovation-led growth. Whether in fintech, AI-driven solutions, or energy-efficient tech, the group’s forward-thinking approach aligns with India`s push for a robust digital economy.
Speaking about India`s economic drive and growth, Enso founder Vinay Maloo said that while India is experiencing a great bloom in economic sector it is important to look out for factors that might hinder its growth. “Honeymoon period for Indian economy is just beginning and we should be vary of forces that are set out to derail it,” he said.
Enso Global Trading, the company’s commodity trading division, is enhancing India’s trade footprint by focusing on energy commodities and precious metals. Such diversification not only strengthens India`s export market but also boosts foreign exchange reserves, further aiding economic stability. With a strong presence across multiple industries, Enso Group is bound to play a key role in actively shaping India’s economic future. By leveraging innovation, sustainability, and strategic expansion, the conglomerate is positioned as a key contributor to India’s $5 trillion economy dream.
