The Indian market is showing a lot
of potential and promise as policies are also favourable towards investors,
said Tata Steel MD & CEO T V Narendran while speaking to Business Today at
the World Economic Forum (WEF) at Davos
Davos 2023: The Tata Steel honcho
believes that while new investors in the Indian market may struggle initially,
they will get the momentum going once they attain scale.
Davos 2023: In the past when
countries were looking at alternatives as part of their China+1 strategy,
countries like Vietnam and the Philippines scored over India in some sectors,
but now India is positioned much better with states also competing for
investments.
While speaking to Business Today at
the World Economic Forum (WEF) at Davos, Tata Steel MD & CEO T V Narendran
highlighted the fact that this time India is showing a lot of potential with
policies also looking quite favourable for investors.