India has lot of potentiality for growth; government needs to further improve ease of doing business: GP Hinduja
Hinduja family head is confident about the potential of India and firmly believes it will become the third-largest economy in the world by 2030.
«At the moment, the best country with a lot of potentiality and growth is India, and it is well protected and secure.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Operations Officer ProgrammeVisitNorthwestern UniversityKellogg Marketing Leadership Development ProgramVisitIndian School of BusinessISB Venture Capital and Private Equity ProgramVisit»India will do the best. I was the first one when I said in 2019 that India will be the third largest economy in the world, and it is going in that track," Hinduja told PTI.
Hinduja (83) suggested that the Indian government should focus on quicker implementation of policies and projects by expediting the process.
«The vision of the Prime Minister is good. The implementation is also happening, but if they expedite the implementation and make it easy to do business, you will find India moving much faster and quicker,» he added.
Hinduja suggested the Indian government to form a committee with representations from the corporate side to remove the bottlenecks for speedy implementations and improve ease of doing business.
«They should form a committee and keep some good business people also to have their views and thoughts to see where the obstructions are and how to ease them,» he added.
According to him, the ease of doing business in India for foreigners is still «not easy».
«The local ones, they know the system, they know how to handle it, but foreigners when they come, they get stuck,» he said.
When asked whether Hindujas will play a role in investing in big-ticket
