Budget 2020: Biocon boss wants a 'globally competitive' India; Uday Kotak, Harsh Mariwala remain optimistic
India Inc bosses want India to attract global investors.
- 'Budget should bring tax relief; GST reforms, more infra funds essential for growth'
- What I want from Budget 2020: Early and regular health screening for women who remain key stakeholders in India's $5 trillion goal
- Budget 2020: FM must form panel to encourage shepreneurs, consider promoting first aid for mental health
- What I want from Budget 2020: Reduction in import duty on gold; single-window process to simplify approvals for new businesses
- Women Inc wants FM Sitharaman to increase Budget allocation for women, put 2019 reforms into action
In a series of tweets, the 66-year-old biotech tycoon urged Sitharaman to make India investment-friendly. She said that decriminalisation of businesses and economic legislation would send a positive signal to the current investment climate.
Her another post read, "Sectoral profitability should be used to arrive at sector specific incentives that make us globally competitive."
Decriminalisation of business n economic legislation would send a positive signal to the current investment climate @nsitharaman— Kiran Mazumdar Shaw (@kiranshaw) 1579246507000
Sectoral profitability should be used to arrive at sector specific incentives that make us globally competitive.… https://t.co/DSo4fxJE34— Kiran Mazumdar Shaw (@kiranshaw) 1579240947000
On Sunday, Mazumdar-Shaw was conferred with Australia's highest civilian honour in Bengaluru by the Australian High Commissioner. Commenting to one of the congratulatory messages, she said that 'gender equality and equity are essential for economic and social progress.
Gender equality n equity r essential for economic n social progress https://t.co/SiQ97InVKk— Kiran Mazumdar Shaw (@kiranshaw) 1579420082000
Quoting a tweet on Monday, Harsh Mariwala, founder and Chairman of Marico, expressed his optimism for the country as India ranked 54th in the Bloomberg's Innovation Index.
The businessman said that he had dreamt of building a home-grown FMCG brand years ago that could be on par with a global conglomerate. While India has come a long way since then, he believes we, as a nation, have the 'potential to rise much higher on such lists'.
Years ago, I dreamt of building a home-grown FMCG brand that could be on par with any global conglomerate. As a nat… https://t.co/UaXXMz4ovm— Harsh Mariwala (@hcmariwala) 1579497027000
Meanwhile, Uday Kotak, founder and CEO of Kotak Mahindra Bank, quoted a a news story titled 'China’s nuclear industry and high-speed trains are world class'. Appreciating China's development in various fields, the 60-year-old billionaire called the neighbouring nation an 'ecosystem of the future', and India must awaken too.
In 30 years, China has built 66% of the world’s high speed rail network, 70% of its electric cars, self made nuclea… https://t.co/B4J2KlTnFT— Uday Kotak (@udaykotak) 1579420564000