Business Standard

Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

Anand Mahindra, Chairman, Mahindra Group at the Project Nanhi Kali Launch of Teen Age Girls Report in Mumbai. Picture Courtesy- KAMLESH PEDNEKAR
Premium

Anand G Mahindra, chairman of the Mahindra Group

Shally Seth Mohile Mumbai
The re-alignment in the global supply chain and reduced dependence on China imply a huge opportunity for India as companies and countries will look for alternative supply sources, Anand G Mahindra, chairman of the Mahindra Group, said on Friday while addressing shareholders at the 76th Annual General Meeting of the company.

"Overall, the situation is full of opportunities for India. There are, however, some gaps we need to fill in to take full advantage of these opportunities,’’ Mahindra said. ‘’The most important of these (gaps) is jobless growth,” the Mumbai-based industrialist added.  

Mahindra also pointed at chances of social unrest if jobs

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 05 2022 | 8:46 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com