Indian Economy Quotes

The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a symptom of mismanagement in just five minutes or in a week. It will involve significant sacrifices and pain, and I doubt that in India there is the political will to face the music.

We will ensure that the important characters of what make 'Make in India' an important flagship programme for PM Modi is given full play for defence production. 'Make in India' needs to take over so we benefit from what is manufactured in India and finds an international market.

Prime Minister Singh is to be commended for beginning the process of transforming India into a global economic power by initiating economic liberalization in the early 1990s.

As we were all growing up, there used to be a very big mantra in India which was called 'export or perish.' There was a long period when we used to focus on import substitution.

I was born in New Delhi in 1976.

When Indian economy was growing at the rate of 8 to 9 percent, I think everybody was quite happy. Even when there were defects in our policies, they were overlooked, and when the economy slows down, people try to find fault and excuses.

In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward.

My swadeshi chiefly centers round the handspun khaddar and extends to everything that can be and is produced in India.

Open the book of universal history at what period we may, it is always the India trade which is the cause of internal industry and foreign negotiation.

India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.

As a major economic force worldwide, India and Indian companies have the opportunity to set the standards in Asia in terms of women's right to decent work.

The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.

Questions regarding the future of India are not for me to decide. I am not a citizen of India or an Indian politician.

A state in India will have more traders than perhaps a European nation. Trade is a great way to integrate people.

I am quite positive about business in India, and 2014 was a strong year here. We announced deals with Vodafone, Tata, Bharti.

Modi Model of Development is more a hype than reality, and the Congress has always stood for inclusive development.

Reliance's success is a reflection of India's capabilities, the talent of her people and the potential of her entrepreneurs, engineers, managers, and workers.

In Modiji, we have given India a 'mazboot' leader under whom India has emerged among the top economies.

I have always been proud that the Indian wind sector seemed unfazed by the politics around the globe.

I think the Tata Group's greatest contribution to the growth of the Indian economy and Indian industry probably happened in the pre-independence era. The Group's investments in industries such as steel, textiles, power and hotels were certainly driven by an entrepreneurial spirit, but they were driven even more, I think, by a desire to make India self-sufficient and independent of its colonial masters then.

I like the concept of 'Make in India'. But the orientation of 'Make in India' is slightly different than what I would. So, the orientation of Make in India is big business, and a lot of it is defence. My orientation of 'Make in India' would be small and medium businesses.

I believe that India's long-term growth story is strong, and foreign investors are keen to be a part of it.

The Indian business has largely grown on the back of exports. The domestic markets, as far as our Indian business is concerned, actually have contracted because of the contraction in the medium and heavy commercial vehicle space.

I like doing business with people in India.

Let us come together and think of ways India does not have to import but we export to the world.