India Is the ‘Best Bet’ in the Global Economy, Says Conglomerate Exec (CNBC)

  • The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. Its flagship business is Ashok Leyland, one of India’s leading commercial vehicle manufacturers.
  • Ashok Hinduja explained: “We see a recession coming in U.S., recession coming in U.K., in Europe, problems in China, [a] problem in Southeast Asia under the fear of China-Taiwan. So looking to the overall scene, we focus now [on] India as an emerging market.”
  • “India, politically, is well settled,” the chairman told CNBC’s Tanvir Gill. READ MORE

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