Give us a break, cry industry associations
Industry associations have put up a brave front and said they do not anticipate slowdown in business activities and foreign investments in the wake of recent terrorist attacks in India’s IT hub Bangalore and Ahmedabad.
By ET Bureau |
NEW DELHI: Industry associations have put up a brave front and said they do not anticipate slowdown in business activities and foreign investments in the wake of recent terrorist attacks in India���s IT hub Bangalore and Ahmedabad. To ward-off similar acts in future, the government should deploy adequate industrial security networks across the country, particularly in major industrial and financial hubs.
Said FICCI secretary-general Amit Mitra, ���Blasts took place to undermine industrial and trade activities in the respective cities. However, the resilience and confidence of the citizens has been remarkable and has left economic activities in the two cities unaffected. Moreover, the acts are unlikely to impact global investors.���
CII, meanwhile, has ruled out the possibility of any negative impact of blasts on day-to-day operations of the two cities. ���Very clearly, the attacks were done to hamper growth momentum of the states,��� said CII director-general Chandrajit Banerjee. He, however, added that the attacks will not have an adverse impact on trade activities and foreign investments in the days to come.
Though for a day Bangalore���s BPO industry had come to a standstill, the situation is well under control now, Assocham said. ���Though there have been some monetary losses, we don���t expect any major impact on the country���s economic operations in future. The government should make efforts to strengthen security network of the country across all sectors,��� said Assocham���s Sajjan Jindal.a
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