The Legacy That L&T Chairman AM Naik Leave Behind | Mega ET Now Exclusive
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- เผยแพร่เมื่อ 8 ส.ค. 2023
- Mega ET Now Exclusive: Today, India is seen a big superpower and at par with the top economies of the world. Now, as the world looks beyond China, India stands to gain massively. Larsen and Toubro Chairman AM Naik called the China plus one strategy as a “golden opportunity” for India. In an exclusive conversation with ET NOW’s Ajaya Sharma, the industry veteran said, “When the world is talking about China plus one, outside China we need another source. It is a golden opportunity for India.” He added that while our spending on infrastructure and core sector has increased, it can be much more. According to Naik, there are several growth opportunities. "You have resources - managerial, technical and financial. If you are a very efficient country, people will look upon you and invest like then invested billions of dollars in China,” the L&T Chairman told ET NOW. During the chat, Naik suggested that a strong impetus needs to be given on improving the per capita income. To achieve this, “the rate of growth has to be in double digits,” he added. China has done it for 20 years and so can India, Naik stressed, adding that today, they are competing with the US. The L&T Chairman believes that there are several opportunities ahead for India as it transitions from $3 trillion to a $5 trillion economy. "Any amount of work that you do is not enough,” Naik stated, explaining that per capita income needs to be taken into account.
“When you say, I have overtaken UK, the country has a population of 75 million maximum but we are a country of 1.3 billion people - 14-15 times of the UK. So if you have overtaken it per capita, you are 1/15th of England. I think its the right way of measuring,” he added.
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Feeling proud of working in his company... He is not looking only for profit of L&T.. In every sentence he is looking on what India can do to be better than now🙏
LONG LIVE INDIA AND ALL INDIANS OF SOVEREIGN SOCIALIST SECULAR DEMOCRATIC AND REPUBLIC OF INDIA
Sovereign democratic republic. Everything else is an illegal insertion.
He is a legend. The way he whole heartedly wants L&T and its empoyees to grow is commendable. Hope his guidance continues for long.
Land mass compared to UK also matters.
Giving
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World cup wins or no
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Fifa lost