Expressing the significance of poll outcome in the upcoming general elections, TVS Motors chairman and managing director Venu Srinivasan said if the next government at Centre is not strong, things may get worst for the country.
"It will be the most critical election since independence and there are risks attached to the outcome. If a strong government doesn't come, things can go worst".
In his address at the Madras Management Association annual convention 2014 at Chennai at the weekend, he suggested industry to be thoughtful, hedge risks, focus on key bets and target adjacent segments to benefit once the economy rebounds.
He expects the country's growth would be around 4.7 per cent this year and expects anything below 5 per as recession.
"It will be the most critical election since independence and there are risks attached to the outcome. If a strong government doesn't come, things can go worst".
In his address at the Madras Management Association annual convention 2014 at Chennai at the weekend, he suggested industry to be thoughtful, hedge risks, focus on key bets and target adjacent segments to benefit once the economy rebounds.
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While stating staff cutback is not a good solution, Srinivasan said "staff cost is like a surgery, don't take it as first option".
He expects the country's growth would be around 4.7 per cent this year and expects anything below 5 per as recession.