Corporate India's Reaction on Modi's Comeback
Kishan Jain, Director, Goldmedal Electricals
The rapid proliferation of new technologies such as internet of things, artificial intelligence, connected devices & home automation, have provided FMEG companies tremendous opportunities to grow, flourish and expand into newer industry segments. Additionally, the past few years have seen the Government of India having a keen focus on the promotion of energy efficient solutions such as LED lighting. With the current Government all set for a second term in office, we hope that this trend continues as it would give further fillip not only to the manufacture of such products but also to the Government's "Make in India" and "Smart Cities" initiative.
Prashan Agarwal, CEO, Gaana.com
The ongoing 4G revolution is a result of the favorable business environment created by the government's progressive policies. The rapid increase in thecountry's internet population over the past few years has aided digital-first businesses like ours and triggered a widespread rise in customer-centric product development out of India. As the country's leading music app, we are hopeful the newly appointed leadership will help establish a more favorable business environment that cements our country's status as a global innovation hub.
Ramesh Nair, CEO & Country Head, JLL India
People of the world's largest democracy have given their mandate to the Government for another term. After half a decade, we now have a glimpse of a "New India" that the Government envisioned for us when it came to power in 2014. While we witnessed the implementation of key reforms during the first NDA regime, strengthening of the overall economy is what is expected with the continuance of those reforms. Looking back, we realize that the two words that perhaps rightly sum up the contribution of the government are continuity and stability. These measures would directly impact the real estate market. Segments including residential, office and retail have emerged stronger as a result of the developments so far. Due to renewed focus on globalization and industrialization, emerging sectors like warehousing has come up strongly.
Anshuman Magazine, Chairman & CEO, (India, South East Asia, Middle East and Africa) CBRE
A stable, forward-looking government goes a long way in building a robust economy which in turn will further strengthen India Inc. From policy overhauls to amendments in the older acts to ensure that these acts are relevant in today's times, the foundations laid down by the Government during its last tenure will bear fruit during this term and will further boost the growth of the country. CBRE is committed to bringing the best real estate consulting services to India and are positive that the elected party will further work towards strengthening the Indian economy and successfully implement the promising schemes and programs.