Mr. Vipin Sondhi, Managing Director & CEO, Ashok Leyland Limited, on attracting investments to India quoted a statement for press as below:
“The current situation presents an opportunity for our country to attract FDI from corporations.
Over the next 18 – 24 months, we as a nation would do well to focus on developing state-of the art, technology enabled industrial parks owned by the State Industrial Development Corporations or co-owned through Public Private Partnerships or through 100% Private investments.
These must be supported with proper infrastructure including electricity, water, manpower availability, land availability, etc. which improves ease of doing business.
Each State has a unique combination of strengths that could be the basis of forming clusters in these parks to cater individually to a sector most suited such as Engineering, Automotive, Textile, Pharma, Electrical Hardware and so forth.
India has the ability and a window to collectively refocus on its Make in India initiative by creating jobs, infrastructure, and de-risk its supply chain dependency. It can be our moment and we must attempt to seize it.”
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