Dassault Systèmes bets big on India's digitisation drive

Digitisation and manufacturing now driving emerging markets including India: Morgan Stanley

On supply chain issues, he said, "I think the challenge is more now reorientation towards sustainability on scaling up a more consistent supply network. But unlike 5 or 10 years ago, best of the breed can be done here."

Charlès said the Ukraine-Russia war is accelerating their businesses because frugality is now on the agenda, "New ways to do things with fewer resources is on the agenda as well as the sustainability lifecycle of things and this is creating accelerated innovation on material science, bioscience."

On the China Plus One strategy, he said, "Many companies in the world are creating a lot of dependencies on China, at the same time, China has been developing at a fast speed, its innovation, not only low-cost production.”

He added, "The market is a consumer market when it's only for low-cost production, it's one thing but when it is coming for a premium solution, it creates a new balance on India to play a role here."