We’re Go­ing to Dou­ble Our Bets on Amer­ica: Mahin­dra

The Economic Times - - Companies: Pursuit Of Profit - Our Bu­reau

Mum­bai: Even as the world ad­justs to the re­al­ity of the US Pres­i­dent Don­ald Trump, Anand Mahin­dra, the ex­ec­u­tive chair­man of the Mahin­dra Group, on Fri­day added to the nar­ra­tive that Trump’s “Make Amer­ica Great Again” pol­icy is an op­por­tu­nity for In­dia and that his group is go­ing to dou­ble in­vest­ments in the US. Two days af­ter RIL chair­man Mukesh Am­bani said, at the same event, that Trump was a “bless­ing in dis­guise” for In­dia, Mahin­dra also said that In­dia needs to look at the pro­tec­tion­ist at­ti­tude of the US as an op­por­tu­nity.

“The re­al­ity is his Make Amer­ica Great Again pol­icy is go­ing to make Amer­ica a won­der­ful place to in­vest in. The mar­kets are al­ready cheer­ing, we are go­ing to dou­ble our bets on Amer­ica, be­cause I think it’s go­ing to be very ro­bust,” he said. He also took a dig at Trump: “I think all of us wake up ev­ery morn­ing and look to see what Trump has tweeted. As usual, he’s get­ting the high­est rat­ing for this re­al­ity show, no one’s go­ing to dis­pute that with him,” Mahin­dra said at a panel dis­cus­sion at the on­go­ing Nass­com In­dia Lead­er­ship Fo­rum. Fur­ther, he urged the IT in­dus­try, rep­re­sented by host Nass­com, to reimag­ine it­self at a time when it is fac­ing chal­lenges in its big­gest mar­kets as well as the chang­ing na­ture of busi­ness brought about by au­to­ma­tion. Mahin­dra said Nass­com’s move to not an­nounce its an­nual growth tar­get for the IT ser­vices in­dus­try — a first in 25 years — was a step in the right di­rec­tion.

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