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India's time has come!!

Printed From: The Equity Desk
Category: Economy, Markets and commodities
Forum Name: Indian Economy - Powering Ahead!
Forum Discription: Talk about various facets of the Indian economy, it could relate to GDP growth, inflation, fiscal deficit, disinvestments.Is India at the crux of becoming an economic SUPERPOWER?
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=2453
Printed Date: 04/May/2025 at 8:33pm


Topic: India's time has come!!
Posted By: Crimsonarcher
Subject: India's time has come!!
Date Posted: 12/Oct/2009 at 12:14pm
Reading Mukesh Amabani's comments on the future of India in the next 15-20 years... this is what he had to say
http://timesofindia.indiatimes.com/business/india-business/Societal-gaps-need-to-be-filled-says-Mukesh-Ambani/articleshow/5113467.cms - http://timesofindia.indiatimes.com/business/india-business/Societal-gaps-need-to-be-filled-says-Mukesh-Ambani/articleshow/5113467.cms
 
Q: You said recently that India is not a land of a million problems but a land of million opportunities. What kind of opportunity would you like your children to pursue when they get into business?
MDA: The commitment levels, the energy levels that I see in young Indians are the real strength of India. I think as a country we have to empower them, to unleash their energies on problems and they can create value that even I would have never imagined.
It took Reliance nearly 30 years to create a Rs 15-160,000 crore company. I can bet you that in 2025 there will at least 10 to 15 companies that we don’t know today and 10 to 15, thirty-five-year old guys that you and I don’t know in a variety of sectors that will be Rs 150,000 crore companies. That’s the kind of opportunity that exists and I think that we have the resource, the entrepreneurship, the commitment and the diligence in our young people to create companies from scratch and to do it all by themselves. India’s time has come and it is now and all of us have to support it.
So which are the 10-15 companies that we don't know today, and which are the 10-15 companies that would grow to 30$bn mktcap in the next 15 years??


Replies:
Posted By: Krishna
Date Posted: 12/Oct/2009 at 12:26pm
When statements like the one in title of this thread is seen flashing around, me thinks its the time to SELL!

Posted By: Crimsonarcher
Date Posted: 12/Oct/2009 at 3:42pm
Originally posted by Krishna

When statements like the one in title of this thread is seen flashing around, me thinks its the time to SELL!

Guess we still have to get over our bias that in india nothing is possible. Its all in the mind!.

Posted By: Krishna
Date Posted: 12/Oct/2009 at 5:52pm
Originally posted by Crimsonarcher

Originally posted by Krishna

When statements like the one in title of this thread is seen flashing around, me thinks its the time to SELL!

Guess we still have to get over our bias that in india nothing is possible. Its all in the mind!.
 
My post was on a lighter note. Nothing particular about your thread or the content. It was about euphoria in the media which selectively highlightes the cliche's like "India survives recession, shock absorbs global crisis, poised for new highs" etc etc
 
I too believe in RJ's flagship statement that India is in a long secular bull market.. whatever that means!


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