New Delhi: India will lead the global growth rates significantly in this decade as the economy fully opens up post-pandemic, said N Chandrasekaran, chairman, Tata Sons. He added that the pandemic has not really impacted the long-term growth trajectory of the country.
“It (pandemic) has just delayed it because the fundamental factors- whether it is the formalisation of the economy, the youth or more people coming into the middle-income group, all of this is totally intact. Also, the policy reforms before the pandemic, during and now that is happening, are all going to be tailwinds,” said Chandrasekaran. He was talking at tech giant Microsoft’s flagship event Future Ready.
He also remarked that though pandemic has meant acceleration in certain aspects, such as, digital transformation and adoption of digital way of life, however, he cautioned that this adoption has not been equitable.