Updated January 1st, 2024 at 18:33 IST
Anand Mahindra bullish on Indian economy in 2024, expressed in New Year post
India will see a massive inflow of investments in 2024, said Mahindra Group Chairman Anand Mahindra on X.
- 2 min read
The world sees a huge potential in India to challenge China's dominance in the supply chain, Anand Mahindra said on Monday. Mahindra took to microblogging site X to wish New Year to all his followers. Mahindra while penning a long wish on the first day of 2024 talked about challenges faced by the Indian economy in 2023, and opportunities lying ahead going forward in 2024.
"No matter how dark the year gone by, the human spirit has an abiding capacity for hope. The first day of the new year opens a new chapter, a fresh opportunity for optimism and renewal," Mahindra said.
Throwing light on the challenges faced by Mahindra Group, he said like other MNCs, Mahindra Group grappled with challenges like climate change, conflicts, and the slow recovery of the pandemic-battered economy. He went on to add how the company took the challenges head-on and emerged stronger than ever before.
Furthermore, Mahindra's chairman shared how India was a step ahead in comparison to other big economies worldwide. "While the rest of the world faced increasing turbulence over the last few years, India kept the engine of the economy chugging along through doses of Government capital and infrastructure investment," he shared on Monday.
India will see a massive inflow of investments in 2024. The simplicity of the newer startups in building and contributing to the nation's wealth with their innovation and risk-taking ability, he added in his X post
Published January 1st, 2024 at 17:15 IST