Davos 2014: India needs clear election result: Tech Mahindra
Wednesday, January 22, 2014 - 02:38
Jan. 22 - Indian business just wants a clear result from the upcoming general election, says Tech Mahindra CEO CP Gurnani at the World Economic Forum in Davos.
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Well -- collection and naming India finds itself hopefuls my weak domestic and moms but wouldn't it currency and politics in gridlock. Seek -- -- Connie managing director of southwest Savvis is giant tech I can track. I'm with what is reported don't coordinate the wild economic forum in stop loss. By explaining just how important the upcoming national elections will be the business investments. As an Indian businessman. I would think is that political uncertainty. Go remnants. What could be the future. All. India. After the election. Particularly would be get that decent majority. Flawed and will what is gonna end. And really get that -- -- immense because I think getting a coalition government but too many minority partners. Is not going to look to India as it. On days. Now among your businesses which segments and point fourteen are looking stronger -- which ones -- give him more soft. I think all the all ready -- -- is looking great. And competitively told everything is vindictive. You know coming out of 2013 US is clearly there's a demand. Uplift and that demand that -- particularly in manufacturing. We emphasize and health care. And you come into the rest of the woods. I think it is. Mainly public sector. As well as. Demand in manufacturing declining in the island guys things that -- soft. Mining looks a little soft at the moment. Steel industry. Is still lagging a bit but eventually I think it to log. You know come back if China -- US because you nuptials. You and want to listen growth -- you're talking off a serious change in economic. You know India. Has incredible programming talent and yet we don't really see the type of stuff we're seeing on Silicon Valley to get there. Do we need to see a different model with you know the IT outsourcing guys really getting more involved. We have. Set aside a budget he has setting up and fund in which we moved. Fund only the start ups both. Intel and allowed to put those Hutus into up in the news as well as external lots of an -- it is clearly my focusing outlook 2014. And I've been. Commit myself. To. Could create being. Of velocity a moment down for the tech startups in India.
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