Anand Mahindra expresses confidence in Modi government; says India at an audacious moment

NEW DELHI: After Ratan Tata, Prime Minister Narendra Modi-led government garnered praise from Anand Mahindra, with the Chairman & MD of Mahindra Group saying, "People of India have spoken loudly and clearly and sent out an unambiguous message of hope. There is frankly a renewed sense of purpose in the air."

Addressing the group's AGM, Mahindra said, "India is at an audacious moment in its history but it is not there yet. I believe we will succeed. I also believe that success will be a joint enterprise, not the government's task alone." "As they say, you cannot whistle a symphony. A great piece of music calls for the coordinated talents of many players and I hope that the Mahindra Group can be one of those players," he added.

"Today as I stand here, the mood could not be more different...even as we speak, an Indian orbiter is winging its way to Mars. It has been launched with typical ingenuity at an amazingly frugal cost." "The Hollywood movie called Gravity which was set in outer space cost $100 million to make but our rocket Mangalyaan has actually reached outer space at a much lower cost of $72 million," he said.

Earlier this week Tata Sons' chairman emeritus Ratan Tata said that Narendra Modi has a proven track record. "The new government should be given more time to turn around India's economy," Tata said.

Participating at an interactive programme here, Tata said he was hopeful of Prime Minister Modi making the economy growth-oriented, despite it being a huge task.

"Modi has a track record of being a doer, and what he has done in Gujarat is there for everyone to see. He has a huge task nevertheless in turning around the economy to growth oriented rather than control oriented," he said.

"We will have to give him a little more time. But I am very hopeful that he will turn things around," Ratan Tata said.