Aroon Purie praises PM Narendra Modi's ability to raise business sentiment

Purie hailed Prime Minister Narendra Modi's leadership capabilities in improving business sentiment. "He not only has the vision but has a track record as a doer. And has the clear mandate to do it," he said.

Hailing fresh initiatives taken by the new government, Purie called Modi's 'Make in India' campaign a step in the right direction.

"It addresses the fundamental distortion of our economy in which 50 per cent of our workforce in agriculture only contributes 14 per cent of GDP," he said, adding that 12 million  young people enter the workforce every year and only manufacturing can provide these jobs.

Talking about the leadership challenges CEOs face, Purie said, "Leading a company is a complicated business. It is not only about getting financial returns to satisfy the shareholders but about strategic vision, customer engagement, employee satisfaction, company reputation and responsibility to the community in which you operate. A successful CEO, therefore, is multi-talented person to play all the roles he has to play and show a good profit."

Purie congratulated all the winners and said it all boils down to leadership. "You get good leadership and the course of history can be changed as we have seen so often. Unfortunately, the reverse is equally true. It can take decades to undo the sins of bad leadership," he said.

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