there is a speed mismatch between government and the private sector

India is a land of billion opportunities: Mukesh Ambani

Nov 13, 2011 at 12:42
est Stock Market Tips BestStockAnalysis.co.in/Tips


India's leading industrialist and chairman of Reliance Industries Limited (RIL) Mukesh Ambani on Sunday called India as a land of billion opportunities, and not problems.

Speaking at the annual India Economic Summit of the World Economic Forum (WEF), which has travelled out of New Delhi for the first time in two decades, said there are clear indications that energy from all sections has been unleashed in order to build new India.

Lauding private sector's efforts, he said " private sector is taking significant role with bottoms up entrepreneurship."

Commenting on the economic situation of the country, Ambani said there is a speed mismatch between government and the private sector to achieve goals. "Indian government needs to work at faster pace," he told the forum.

He noted that the new trend of India Inc is creating value for society, not only shareholders.