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Home Cars Ashok Leyland

Current situation an opportunity for India: Mr Vipin Sondhi, Ashok Leyland MD & CEO

"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" said Mr Vipin Sondhi, Ashok Leyland MD & CEO

Chethan Thimmappa by Chethan Thimmappa
May 12, 2020
in Ashok Leyland, Auto Industry
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Current situation an opportunity for India: Mr Vipin Sondhi, Ashok Leyland MD & CEO
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Mr. Vipin Sondhi, Managing Director & CEO, Ashok Leyland Limited, on attracting investments to India quoted a statement for press as below:

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“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.

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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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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

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