India within pole vaulting distance to replace China as the factory of the world, says Anand Mahindra | Autocar Professional

Posted on by

Anand Mahindra, the Chairman of Mahindra Group says “India is within a pole-vaulting distance of being able to replace China as “the factory of the world.” Speaking to shareholders at Mahindra & Mahindra’s 77th Annual General Meeting, Mahindra said, “The world is at a stage where China’s political ambitions are being viewed with alarm, and India is seen as an obvious buffer and counterbalance to China.

There are many countries wooing us today.”

Mahindra recalled that there have been times in the past when India has appeared to be on the verge of a successful pole vault. But somehow or the other, everything did not converge, and it disappointed a watching world.

“Today, however, all the positive factors are converging. We are well into the run-up. The Indian economy is growing at 7% when many
countries are heading for recession,” he said.

He explained that the suspicions of China’s ambitions and post-Covid supply chain disruptions have also worked in India’s favour, and the country is well placed to take advantage of this.

“We have massively improved our performance on the World Bank’s Logistic Performance Index. Our thrust on infrastructure is paying off,” he added.

The geopolitical tensions with China are pushing many manufacturers in India’s direction, he believed but that is not the only reason. Economics also enters into it.

“India actually has the cheapest manufacturing costs in the world. It is not surprising that of late, companies of the stature of Apple, Samsung, Boeing, and Toshiba have shifted a significant amount of their manufacturing activity to India. And it’s not just the Western nations,” he asserted.

The chairman of Mahindra Group opines that the country’s foreign policy is “outstanding” and India has handled the Ukraine crisis well.

Given the environment, India is amongst the very few nations whose economy and oil supplies are not affected.

“We have pulled off the trick of being seen as a helpful and neutral party. We are contending for political leadership in South Asia. The leadership of the G20 has amplified our voice in the climate change and environment scenario. We are more respected internationally than ever before. India is ready to pole vault, and so is your company,” declared Mahindra.

*Source:
https://m.dailyhunt.in/news/india/english/autocarpro-epaper-autocar/india+within+pole+vaulting+distance+to+replace+china+as+the+factory+of+the+world+says+anand+mahindra+autocar+professional-newsid-n525059816?sm=Y

156 thoughts on “India within pole vaulting distance to replace China as the factory of the world, says Anand Mahindra | Autocar Professional”

  146. bigbuny

    Interesting read! Seeing more platforms like BigBuny prioritize responsible gaming & security is great. Quick registration & local payment options (like GCash!) are a huge plus. Check out bigbuny download for a streamlined experience – always gamble responsibly, though! 😉

  147. shbet800com

    Gave shbet800com a whirl and it’s…okay. The interface is a bit clunky, but the games are fun enough. They could definitely work on the user experience, but it’s passable. See for yourself: shbet800com

  149. abc8slot

    Just spent some time spinning on abc8slot. Honestly, not bad! Graphics are clean, and I even snagged a couple of small wins. Worth a look if you’re a slots fan. Try your luck here: abc8slot

  150. bj888login

    Having trouble logging into BJ88? bj888login saved me! Found the official login link super fast. No more messing about with redirects! Get logged in!: bj888login

  152. vuabet

    Vuabet… Decent site. Pretty standard fair but nothing really amazing. Probably worth a checkout if you’re interested in what they’ve got. vuabet

  153. 007gamebet

    007gamebet… kinda cheesy name, right? I gave it a quick look. It is hard to tell. Give it a spin if you’re intrigued! Proceed with caution. 007gamebet

  156. phjljl13

    Interesting read! Seeing how platforms like JiliPH balance volatility – that 55% medium range is smart for consistent engagement. Definitely a data-driven approach! Check out ph jljl13 club for similar insights & gaming options. Solid analysis of RTP & market share too.

Leave a Reply

Your email address will not be published. Required fields are marked *