Title: Businesses must incorporate flexibility says Siddharth Mehta IL&FS
1Persuasion about India's worth among
international investors
2Siddharth Mehta of ILFS (former director) is
very impressed with the growth of the Indian
economy in the field of digitalization. He says,
India's ability to conceptualize, implement, and
produce impact at scale has been demonstrated to
the rest of the world by the success of financial
and payment platforms like UPI and Rupay. India
is possibly the only country in the world where
policymakers and the government are actually the
biggest disruptors. Adding to his word, Mehta
says, The PLI is a fantastic tool for ensuring
that India eventually becomes a significant
manufacturing hub and gains from supply chain
"friend-shoring." Even though the short term may
be difficult and unstable, India offers a
fantastic investment opportunity for someone who
can look out five to seven years.
3India's ability to conceptualize, implement, and
produce impact at scale has been demonstrated to
the rest of the world by the success of financial
and payment platforms like UPI and Rupay. India
is possibly the only country in the world where
policymakers and the government are actually the
biggest disruptors. The PLI is a fantastic tool
for ensuring that India eventually becomes a
significant manufacturing hub and gains from
supply chain "friend-shoring." Even though the
short term may be difficult and unstable, India
offers a fantastic investment opportunity for
someone who can look out for five to seven years.
4The administration of Prime Minister Narendra
Modi's government has taken efforts over the past
eight years that have paid off, as seen by the
ever-increasing amounts of FDI influx that have
broken records. As a result, India is quickly
becoming a favored place for international
investments. Due to its strong potential for
economic growth and its talented labor pool,
India continues to be a desirable location for
foreign direct investments (FDI). Many
international corporate executives continue to be
optimistic about India's short- and long-term
prospects and are preparing to make new
investments as well as extra ones.
5Highlighting the factors of being in the market
for the long term, Siddharth Mehta of ILFS
(former director) advises new founders and
promoters of business, Businesses must
incorporate flexibility and agility into their
very nature. And probably most crucially, we
counsel founders and company owners to reflect
carefully on what actually distinguishes their
enterprise and, for startups and early-stage
businesses, the reasons why customers would pay
for their good or service.