Indian Economy’s Vibrant Energy: A Wow Moment, Says Birla | India Business News – Times of India

by The Technical Blogs


MUMBAI: Drawing from a viral meme, industrialist Kumar Mangalam Birla on Monday said the Indian economy‘s vibrant energy is “looking like a wow“. A deeply impactful pulse of confidence in the nation is palpable, the billionaire said in his new year message, adding that the meme captures the “unparalleled nature” of the moment.
“The viral meme ‘just looking like a wow’ echoes the vibrant energy of the Indian economy and captures the unparalleled nature of this moment,” Birla said in his annual note. India is striding forward with unwavering optimism even as large pockets of the world remain engulfed in pessimism, he added.
The chairman of diversified Aditya Birla Group said their market capitalisation jumped 40% to over $90 billion in 2023, a year which also saw the consolidation of its manufacturing businesses.
Birla said even though people are writing the epitaph of globalisation, it has a “powerful role to play”, and added that corporations like his have the unique potential to bridge divides of geopolitics, ideologies, and national identities.
“Globalisation in its authentic form doesn’t have to be a zero-sum game. And the model of globalisation that will always work is one that is founded on openness, mutual trust, and transparency,” he said.


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