Bengaluru, Sep 21 (Agency) Honorary Consul for Cambodia, Karthik Tallam, urged Indian investors to capitalise on his country’s impressive 7% annual growth rate, maintained over the past 15 years, solidifying the nation’s status as one of Southeast Asia’s fastest-growing economies. “Cambodia is ripe for investment. For 15 years, Cambodia has seen continuous growth at 7%, and there’s no sign of slowing down. Now is a great time for Indian businesses to enter this market,” Tallam said. With its strong sense of nationalism, stable economic environment, and diverse investment opportunities, Cambodia presents an attractive destination for those seeking long-term growth in Southeast Asia, he said. “When you visit, you’ll see the economy on a steady upward trajectory, and it’s truly impressive,” he told UNI on the sidelines of Alternative Investments and Sustainable Lifestyles (AISL) Edition II – 2024 here on late Friday night.
The consul also underscored the historical ties between India and Cambodia, which date back to the 1980s. As one of the first nations to recognise the Cambodian government following a turbulent period, India has played a significant role in the country’s recovery. The summit, hosted by Brand Torque, brought together industry leaders to discuss innovation, alternative investments, and sustainability.Key speakers included Anand Shah of ICICI Prudential and Siddharth Roy Kapur of Roy Kapur Films, with discussions focusing on the evolving investment landscape. The event featured the Lumiere Awards, recognising significant achievements across industries. Fatema Hunald from Grant Thornton highlighted the importance of alternative investments, while Madhushree Dutta from Brand Torque emphasised the summit’s role in fostering collaboration and thought leadership.