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Spire and YBC host breakfast seminar on the impact of demonetization in India

Spire, Events, Leon Perera, Japnit Singh,Yasuyuki (Luke) Kita, Demonetization, India, Economy, Growth, Cashless, E-commerce, Rupee

Spire, Events, Leon Perera, Japnit Singh,Yasuyuki (Luke) Kita, Demonetization, India, Economy, Growth, Cashless, E-commerce, Rupee

On 20 January, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to explore the impact on India’s economy of the recent Rupee demonetization of high-value currency notes. Leon Perera, Chief Executive Officer of Spire Research and Consulting, Japnit Singh, Deputy Chief Executive Officer at Spire and Yasuyuki (Luke) Kita, General Manager of YBC (Singapore), addressed the session.

Spire Singapore and YBC discussed the demonetization’s impact on different industry sectors, on e-commerce and on the outlook for doing business in India in 2017.

The speakers talked about how demonetization will spur growth in cashless transactions. Although the retail and car resale sector will suffer short-term damage, there is a visible shift towards modern trade and online transactions. Moreover, ease of doing business and transparency will rise, making India more investment-friendly.

For more information, please visit our newsroom section here: http://bit.ly/2HwisMb

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

Unit 501-502, DLF City Court,
DLF Phase III, Sector 24, Gurugram – 122002, India
Telephone: (91) 124 421 6144
Fax: (91) 124 422 1934
E-mail: india.info@spireresearch.com

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