Govt corporates must complement each other: Ratan Tata

Written By Unknown on Selasa, 12 Agustus 2014 | 23.25

Ratan Tata, Chairman-Emeritus, Tata Sons Ltd was today conferred the 18th MMA Amalgamations Business Leadership Award  in recognition of his ability to foresee economic trends, manage change, take bold initiatives, sustain values and make an outstanding contribution to business, industry and society.

Speaking at the event, Ratan Tata said both the government and corporations should complement each other in moving the country ahead.

"Government and corporations have a combined task in moving the country ahead – creating a nation that offers equality and opportunity for all and stands out as a nation among democracies where good survives and evil is controlled. Government has the role of improving infrastructure and creating an environment of safety and opportunity based on meritocracy. Industry has to be entrepreneurial and it is this spirit that drives the country", he added

Calling for better collaborations and trust among corporates, Ratan Tata said, "Indian businesses seems to thrive, unlike businesses elsewhere. In the years I have been in business, it has been extremely difficult to get 20 business leaders in a room, to move away from talking about their own companies to taking a position on India as a whole and what they could do, or what they could provide to that new India."

Ratan Tata further said growth should be the by-word for India of tomorrow and that nothing in India limits the corporates from thinking on a global scale like its counterparts in China.

"India should not be fearful of Chinese goods. India needs to confront and compete with them. The government should create a competitive environment and not handicap industry through cesses and taxes", he added

Ratan Tata agreed that there are disparities between big and small companies due to policy."Government needs to remove it and make it equal. That is what has killed the textile industry and many other industries," he added

Ratan Tata has a vision for India in the next 15 years. He said, "In next 15 years I see an India where everyone has equal opportunity, where government and corporates work together to achieve growth and prosperity and I'd like to see an India where people get jobs based on merits. I believe our country is a tremendous country with great potential."


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