14 July 2025
What a fantastic year! I joined Zacco as CEO in July of 2024 and the last year has been one of excitement, of learning and of growth, both for me personally, and for Zacco.
I have now been able to visit many of our colleagues across Europe but have not yet had the opportunity to visit the Zacco offices in Delhi, Bangalore and Coimbatore. While I plan to visit later this year, India is a country that has been on my mind in recent months for a number of reasons.
Global growth is beginning to slow. Real GDP growth in the US and EU is predicted to sit around 1% for 2025, while the Middle East and Asia will likely perform better, it is still unlikely to match the growth of recent years. India, however, appears to be defying this general trend and remains one of the fastest growing economies in the world, predicted to reach almost 6% this year and 6.5% in 2026*.
There are many contributing factors to this but some of the most significant are consumer spending and innovation. While government policy plays a role, including green incentives and infrastructure investment, India is making huge strides in the areas of AI, Green Tech and Life Sciences and they are selling their products globally. Add to this a growing population, rising wages and increased disposable income, and it represents an excellent time to consider India for further investment, or as a potential new market.
We first entered India in 2017, and we have been growing our presence there ever since, with our colleagues in Delhi, Bangalore and Coimbatore becoming an integral part of Zacco (and even embracing Scandinavian traditions like Midsummer, as you may have seen from recent posts on Zacco’s LinkedIn). Working independently, we have been able to support clients directly in areas like patent illustrations, renewals and other managed services. In close collaboration with our preferred partner, S&H Partners, we have worked alongside international firms seeking to gain a foothold in this growing market, as well as Indian firms keen to develop their domestic and international presence. It’s truly a great country to do business in.
As we approach our eighth year in India, and move beyond my first year at Zacco, I want to extend my gratitude to my colleagues, to our clients and to our partners. I’m looking forward to the future because we’re only just getting started.
I wish everyone a lovely summer vacation, and we’ll be here if and when you need us!
Antonio Marsico, CEO
