#DavosBrainstorm2024: Prashant Ruia On India's Economic Horizon, Manufacturing, And Investments

At #DavosBrainstorm2024, Siddharth Zarabi, Managing Editor of Business Today TV, engages in an exclusive dialogue with Prashant Ruia, Director of Essar Capital. Ruia highlights the immense growth potential in India, emphasizing heavily deleveraged corporate balance sheets. According to him, the country has witnessed a lack of significant capital investment in the past 5-7 years. The surplus manufacturing capacity is a notable advantage, positioning India as a favored destination for manufacturing. Global firms are increasingly choosing India as an alternative to China in this sector.