The outlook for global economy has turned positive this year and the worst is over even though the road ahead is full of challenges,Wipro Chairman and a co-Chair of the World Economic Forum Azim Premji has said.
8220;Last 12-18 months have been very difficult for the global economy. However,I think the worst is over,2010 looks positive,8221; Premji said in his message to the global business and government leaders for the annual WEF meeting in Davos.
The road to recovery,however,would vary in different economies,he said. 8220;While the mature economies are taking time,the emerging economies like India,Brazil and China have already started to show smart growth recovery.8221;
Premji is the sole Indian CEO who has been placed among top six global CEOs by the WEF,that has sought to influence policy-makers,businesses and civil society across the world for the past four decades.
Premji shares the position with Josef Ackermann,Chairman of the Management Board Deutsche Bank,Melinda French Gates,Co-Chair,Bill amp; Melinda Gates Foundation,Peter Sands,the Group Chief Executive Officer,Standard Chartered Bank; Eric Schmidt,the Chairman of the Executive Committee and Chief Executive Officer,Google Inc,Ronald A Williams,the Chairman and Chief Executive Officer Aetna; and Patricia Woertz,the Chairman,President and Chief Executive Officer Archer Daniels Midland.