Cesce held its 28th Country Risk Conference in Madrid, focusing on the Indian subcontinent as the new engine of the global economy. During the event, experts emphasized that, despite the country's bureaucratic and cultural complexities, India represents an essential market for Spanish exports, offering a highly positive risk-return profile under a foreign policy of strategic autonomy.
The headquarters of the Spanish Export Credit Insurance Company (Cesce) in Madrid hosted this Wednesday, November 19, 2025, a key day to understand the current geopolitical landscape: 'Focus on the new emerging power and the geopolitics of the Indo-Pacific'The event, inaugurated by the entity's CEO, Paul Ramon-LacaIt has served to unpack the key factors that make India an unavoidable player in foreign trade and international investment.
The main analysis has been carried out by Rafael LoringCesce's senior country risk analyst, has emphasized the urgency of looking towards New Delhi given the reconfiguration of global balances. According to the insurer's forecasts, the Asian giant maintains an economic growth projection of 7% for the next few decades, a figure that indisputably places it as the new emerging great power to the detriment of other traditional markets that are showing signs of exhaustion.
Strategic autonomy from China and the U.S.
One of the most important points of the presentation was the definition of India's diplomatic and commercial stance. Far from automatically aligning itself, the country plays its own hand. "India's foreign policy is described as one of strategic autonomy."Loring stated.
The analyst clarified that, although relations with the United States are going through a delicate moment and there is a perceived tactical rapprochement with China, the underlying trend is clear: "In the long term, we believe that India is a natural ally of the West in the Indo-Pacific."This position makes the country a vital counterweight in the region and a preferred partner for Western democracies.
The challenge for Spanish companies: Information and Perseverance
For Spanish companies seeking to internationalize their operations, the Indian market presents enormous opportunities, but it is not without barriers to entry. Rafael Loring has offered a direct recommendation to business owners: "I would tell them above all about information and perseverance.".
The expert has warned that, despite the reforms and improvements implemented in recent years, India "It remains a fairly complex country in terms of legal, juridical and customary regulations"However, Cesce insists that the effort is rewarded. "It's worth it. The balance of opportunities and risks that India offers is very positive."Loring stated, noting that having a [unclear/unclear] is essential to mitigating uncertainty. good risk management practices, an area in which Cesce offers its coverage and experience.
The day also served to delve deeper into the topics covered in Loring's article for the International Panorama 2025, Titulado 'China vs USA', where it is analyzed how India navigates between these two superpowers while building its own path to economic hegemony.
