A third term for the BJP government will be beneficial for the investor and business community in terms of continuity in infrastructure, ease of doing business and investments, Bharti Enterprises, chairman Sunil Mittal said at the World Economic Forum in Davos on Wednesday.
Speaking to Moneycontrol, Mittal said, “Elections have certainly been the topic of discussion, which is coming up in almost all the key meetings… And I think India’s upcoming election is also attracting everybody’s attention. Although, it is pretty much kind of a deal where everybody recognises where this election is likely to go”.
He said that people are excited about the country’s future growth in the next 10 years. “The foundation that has been laid out in the last 10 years, is going to see a very beautiful edifice building on top of it,” he added.
Mittal also explained how important continuity in governance will be beneficial for the business and investor community. “For investors or business community, domestic or international, continuity is very important. Continuity of reform, continuity of investments in infrastructure, ease of doing business — all that has been very well demonstrated in the last 10 years, increasing with every year,” Mittal said.
“I think more importantly, what people are recognising is the sheer scale and ambition of India is so much different from the previous decades. That is what is catching the attention of everyone,” he added.
Mittal hoped that there would be continuity going forward, strong momentum towards acceleration of infrastructure growth and economic development.
“As you can see, we don’t have to sell India any more. People are drawing, getting attracted to us, people are wanting to talk about business in India — How should we invest? Where should we invest? What all we need to do — and that gives you a very clear signal where people’s minds are in terms of the upcoming elections,” he added.