Time to Bet on India: Gautam Adani
The recent slump in economic growth notwithstanding, India will be one of the world's top consumption centres and a manufacturing and services hub for the next several decades, billionaire Gautam Adani has said, stressing there is no better time to bet on India than now. "What we must realize is
Published -
Jun 8, 2020 3:44 PM
The recent slump in economic growth notwithstanding, India will be one of the world's top consumption centres and a manufacturing and services hub for the next several decades, billionaire Gautam Adani has said, stressing there is no better time to bet on India than now. "What we must realize is that there are no absolute right or wrong ideas. What is required during an unprecedented, hard to model, crisis like COVID-19, is a Government that is willing to make decisions based on best available information at a given point of time and constantly adapting as new information becomes available," Adani. Adani, who heads the country's biggest infrastructure conglomerate said that the short or mid-term possible economic outcomes as a result of COVID-19 are hard to predict, Adani said there cannot be any denying the fact that India over the next several decades will be a market continuously on the up and one that simply cannot be ignored. It will be one of the world's top consumption centers, manufacturing and service hubs and a beacon of stable democratic governance. Adani, who is the chairman of Adani Gas Ltd, said on the other side of this crisis will emerge massive new opportunities, terrific businesses and a few stronger nations.
Tags : News/Views Gautam Adani Infrastructure economic growth Time to Bet on India