Brainstrocking on India’s economic future
Money Mantra-2012, a one day workshop was organized today at Hotel Ramada by the joint alliance of Rotary Club Heritage and Miraj Group. Including the members of the club, various professionals in management, marketing and stock market have given their valuable inputs on the economic aspects and future of India in the business world.
Money Mantra-2012, a one day workshop was organized today at Hotel Ramada by the joint alliance of Rotary Club Heritage and Miraj Group.
Including the members of the club, various professionals in management, marketing and stock market have given their valuable inputs on the economic aspects and future of India in the business world.
N. Jaikumar, Managing Director of Prime Securities said that the inflation rate in India is rising every year, whereas China has become a role model by putting forward the cheapest products to the world and achieved a record growth of 27%.
“In the last two years, China has done remarkable augmentation in the standard of living, Industrial expansion and salary growth. We should take inspiration from them”, said Jaikumar while speaking on the subject.
Ramesh Damani of BSE said that till 2025 India will become the 5th largest consumer market of the world. The individual investment in stock market is contributing in flourishing the market and the growing technology revolution in the country will result in facilitating 50 percent of the population in the middle income group.
Ramdev Agarwal, Managing Director of Motilal Oswal Securities Ltd. discussed the changes noted in production, usability and financing of domestic commodities. He expects that the saving of common citizens of India might rise to 40 percent from 35 percent. Pointing to China, he said that in comparision to other nations, China has given substantial growth in last few years.
Anjani Singh of BSE expressed her views on the e-series, production, business, systematic and balanced work methods, agriculture and trading in minerals.
The program was started by a welcome speech from Anujav Ladia, President of the club. He announced the construction of new rooms for deprived children; the club is already working on various noble causes.
Chief Finance Officer of HZL, Amitabh Gupta who was present as the Chief Guest, praised the work done by Rotary Club Heritage. Deepak Parihar of Miraj Group also addressed the guests.
Including Miraj, various other companies and industries supported this program, including Rajasthan Syntex Ltd, Banswara Syntex Ltd, Toshniwal Instrument Manufacturing Pvt. Ltd, Sutlej Industries and Hindustan Zinc Limited.