According to Ajay Shriram, the new CII President one would definitely want a stable government and a government that moves rapidly on economic agenda.
FDI in multi-brand retail is a win-win across the board.
Ajay Shriram
President
CII
It is impossible to predict the outcome elections said Ajay Shriram, the new CII President but all political parties surely want economic growth and development. However, the new government's key area of focus must be jobs because large percentage of population is under 35 years of age.
According to him one would definitely want a stable government and a government that moves rapidly on economic agenda.
In an interview to CNBC-TV18's Ronojoy Banerjee talking about the uncertainty of fate of foreign direct investment (FDI) he said, we want to highlight to the government why FDI in multi-brand retail is positive and a good thing.
Also read: CII unveils 100-day agenda for new govt; stresses on GST
"I think FDI is important not for the money point of view, it is important for the knowledge, it is important for the know-how, it is important for logistic management," he said.
FDI in multi-brand retail could be a win-win for the farmer. It is an employment opportunity for the entire logistics, supply chain sector and the customer gains. Therefore it is a win-win across the board, he said.
For the entire interview watch video
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