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Kumar Mangalam Birla Says India Is Not Only a Consumer Market but a Global Growth Engine

Aditya Birla is India's largest investor in the US across sectors with investments exceeding 15 billion dollars and manufacturing in 20 locations across 15 states.

By Ishita Ganguly
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Chairman of Aditya Birla Group, Kumar Mangalam Birla

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While celebrating the silver jubilee of the Aditya Birla Scholarships programme in Mumbai, the Chairman of Aditya Birla Group, Kumar Mangalam Birla said on Sunday that his Group is India's largest investor in the US across sectors with investments exceeding 15 billion dollars and manufacturing operations in 20 locations across 15 states.

Kumar Mangalam Birla positive about India's global growth

Birla remarked India is not just another consumer market, but is potentially a critical growth engine in the global market. Further, he said, Indian companies are not shying away from making audacious moves even in an uncertain global environment. 

"If you see the market cap of Suzuki's India business...it is double of its global parent whereas this figure was just half or so a decade ago. Today’s India dares to dream, leads with confidence and is a significant part of the global narrative and in many ways India is a pioneer,” the industrialist said in Mumbai event. [Source: Business Today]

According to Birla, investment in talent shapes the future. This is why they offer the 'Aditya Birla Scholarship'. "With this scholarship program, we were driven by the ambition to create a cadre of handpicked leaders who would excel in India and also represent our country abroad,” he commented. 

Also read: Zerodha's Nikhil Kamath Becomes Youngest Philanthropist on Harun India List After a Hefty ₹ 120 Cr Contribution (startuppedia.in)