Ray Dalio feels India is unstoppable after Chandrayaan-3 success, Zoho CEO Sridhar Vembu recommends balancing growth and skipping realty bubble
Chandrayaan-3 mission has put India back on the map!
India made history on August 23 when the spacecraft successfully landed on the South Pole of the moon's surface, making India the first country to have achieved this momentous achievement.
The world hasn't stopped praising the efforts of the Indian Space Research Organisation (ISRO).
Recently, Bridgewater Associates founder Ray Dalio — who is also the author of the No. 1 New York Times bestseller 'Principles,' shared his two cents on the highly aspirational lunar mission.
Congratulating India, the owner of the asset management firm said that the successful lunar mission is just one of the many straws in the wind, «showing its ascendence.» He said that the country scores the highest on its projected growth rate of about 7 per cent over the next 10 years.
Dalio, who is credited for building the world's largest hedge fund, that India has all the «right mix of ingredients» which will prove its mettle.
He said that India's success reminds him of China in 1984 when he first visited there.
He tweeted, «As previously shown in my health index for countries, which is used to derive my projections for countries' next 10-year growth rates, India scores on top with a projected growth rate over the next 10 years of about 7%. It has the right mix of ingredients that shows that it has great potential and the right leadership to catalyze it.
It reminds me a lot of China in 1984 (when I first went) around the time Deng Xiaoping made his reform and opening up policies that catalyzed China. Congratulations India!»
The 74-year-old American billionaire investor's projection about India caught entrepreneur Sridhar Vembu's attention.
Agreeing with Dalio's analysis about India, the Zoho CEO
