Two top leaders of India Inc — Reliance Industries Chairman Mukesh Ambani and auto major Mahindra & Mahindra Chairman Anand Mahindra (M&M) — have said the Indian economy is showing signs of a pick-up and recent sales indicators show the worst is now behind the nation.
Both business leaders were speaking at the Future Investment Initiative summit in Riyadh. “India’s slight economic slowdown will reverse in the coming quarters. What I see happening in the past 2-3 years is transformation,” said Ambani.
“As a businessman and as an investor, I am all in, in terms of investing in this country,” Ambani said.
“If