Growth Drivers Quotes

Economic growth is based partly on reality and partly on perception.

Valuation depends on several factors. From an investor angle, they look at leadership position, management, and what the company's offerings are. I think these three things got 5/5 for a company like Flipkart, and that is what is driving valuations and growth.

If there are not jobs or adequate forms of social protection, there is not enough income to create the consumption base that drives demand and sustainable economic growth.

Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.

The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.

If history judges society for how it treats those in need, so markets judge economies by the incentives they provide for private investment, the infrastructure that supports growth, and the burdens placed on job creation.

A stronger middle class is not the consequence of economic growth. A stronger middle class is the cause of economic growth.

India's growth drivers are actually two growth drivers. One is consumption, which arises out of our demographic advantage. And the other is the investments. Because we need a lot of investment in the country.

As Chile gets closer to the income levels of developed countries, the challenge become more complicated, and we can’t grow along the same path. The drivers for growth will be different tomorrow than they were yesterday.

Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been turned down to ensure a proper balance was maintained.