Indian Economy: Kumar Mangalam Birla expressed confidence in the Indian economy, said- ‘Just looking like a wow’

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Indian Economy: Kumar Mangalam Birla, veteran Indian businessman and chairperson of Aditya Birla Group.Kumar Mangalam Birla) has said a big thing about the Indian economy. He has praised the Indian economy through the viral meme ‘Just looking like a wow…’. Expressing confidence in the country’s economy, he described it as full of vibrant energy. Birla has said in the New Year message that the nation is full of confidence at this time and this is clearly visible. The ‘meme’ captures the ‘unique nature’ of that moment. He said that the viral meme truly reflects the vibrant energy of the Indian economy and the unique nature of this moment. Even though a large part of the world is immersed in pessimism, India is moving forward with unwavering optimism.

Energy received from young country and ancient civilization

Kumar Mangalam Birla said that it is the dynamism and energy of a young country and an ancient civilization that has found its voice and base. It is clearly visible that the country is moving forward. Giving credit to the government for this, he said that India is full of hope, pride and anticipation. The industrialist also advocated the creation of a ‘National Confidence Index’ to measure the ray of hope that is visible at a broader level. Chairman of Aditya Birla Group, which is involved in diversified business, said that in 2023, their market capitalization will increase by 40 percent to more than $ 90 billion. The integration of their manufacturing business also took place in the same year. He also said that the group’s consumer business is on the verge of transformative growth. The group’s consumer businesses include finance, telecommunications and paints.

Things will be done through mutual trust and transparency

Talking about the country’s economy, Kumar Mangalam Birla said that even though people are writing ‘episodes’ on globalization, it has a ‘powerful role’. Groups like theirs have the unique ability to bridge the gap between disagreement and ideology at the international level. He said that the model of globalization that will always work is based on openness, mutual trust and transparency.

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