Davos 2024 News: #NDTVProfitAtWEF | There's no way investors can avoid India, says #HeroMotoCorp's Niranjan Gupta.
Watch him in discuss this and more with Niraj Shah at #Davos2024. #WEF2024 #WEF #NDTV
Read: https://bit.ly/3vE6VYf
Watch him in discuss this and more with Niraj Shah at #Davos2024. #WEF2024 #WEF #NDTV
Read: https://bit.ly/3vE6VYf
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TVTranscript
00:00 I mean if you look at the large, two large demographies in the world, it's India and China.
00:06 And you look at India, China had their growth story which started 25-30 years back.
00:12 And that has played out. And in a sense, and obviously, whichever word that you call it, they're going through that.
00:18 India's growth story, one would say, has just begun.
00:22 Now, you have a population of 1.4 billion and counting, you have a per capita consumption which has got huge headroom to grow,
00:34 you've got an average age profile which is on the favorable side of the productivity, as in classical economics that you call it,
00:43 you have stability of the policies that are there and you have huge infrastructure investments that are happening.
00:50 So where would any investor from the world put their money in?
00:54 I mean, there's no way you can avoid India. And that's why you see investment coming into India.
01:00 You also see manufacturing coming into India. And that's because, again, of the plus one strategy and the others,
01:07 that obviously with the way we are functioning, even politically,
01:14 and that way, because as a country, if you look at it,
01:23 this is a country where you see more long-term stability of how we are operating.
01:29 So I think it's India's time to, I would say, not just make in India, make for India, but actually make for the world.
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