Anand Mahindra, chairman and managing director of Mahindra Group on Friday said that US President Donald Trump's policies will make America a great place to in!
Anand Mahindra, chairman and managing director of Mahindra Group on Friday said that US President Donald Trump’s policies will make America a great place to in! In a conversation with ET Now, Mahindra said that the ongoing visa issue is an opportunity to drive up offshoring. “India can fill the gap in the world leadership at present. It can serve as a bridge builder when nations are getting separated,” he said. Praising PM Narendra Modi the business tycoon said, “PM Narendra Modi is trying to change the Indian mindset that held back Indians for long. Recently Mahindra told CNBC TV18 that the H1-B Visa issue may turn out to be India’s Y2K Moment! He also said that Indian tech companies’ margins may improve as offshoring increases.
Mahindra also said that demonetisation is a very bold move which everyone should respect. Speaking at the India Economic Conclave, Mahindra said that job creation remains one of the key concerns post demonetisation. Mahindra further said that he doesn’t think India needs to worry about protectionist policies across the world. Talking about the victory of Donald Trump in US elections, Mahindra said that Trump should keep a long-term positive trade view with India. “Don’t think Donald Trump wants to isolate US markets from global trading,” Mahindra added.
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Meanwhile, amid the chaos over economic growth post demonetisation Anand Mahindra, the executive chairman of Mahindra Group, said that the economy is returning back to normalcy much faster than expected and remained optimistic about the faster growth of the country.