Business Today on Nostr: Davos 2025: 'Very important for India to have better ties with US at this time', says ...
Davos 2025: 'Very important for India to have better ties with US at this time', says Neeraj Kanwar of Apollo Tyres
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Neeraj Kanwar, Vice Chairman and Managing Director of Apollo Tyres, emphasized the importance of strengthening India-US ties during his remarks at Davos 2025. He noted the steady growth of economic relations in the 21st century and the need for enhanced cooperation, particularly in high-tech sectors. Kanwar expressed optimism for FY26, predicting double-digit growth in commercial vehicle and automotive sectors, despite a challenging FY25. He highlighted a 9.1% growth in automobile retail sales in 2024, but noted a 12.4% decline in December sales. Kanwar called for aggressive infrastructure spending and a reduction in GST to boost the economy.
#Davos #India #Us #NeerajKanwar #ApolloTyres #Automotive #Economy #Growth #Hightech #Gst
https://www.businesstoday.in/wef-2025/story/davos-2025-very-important-for-india-to-have-better-ties-with-us-at-this-time-says-neeraj-kanwar-of-apollo-tyres-461698-2025-01-22
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Neeraj Kanwar, Vice Chairman and Managing Director of Apollo Tyres, emphasized the importance of strengthening India-US ties during his remarks at Davos 2025. He noted the steady growth of economic relations in the 21st century and the need for enhanced cooperation, particularly in high-tech sectors. Kanwar expressed optimism for FY26, predicting double-digit growth in commercial vehicle and automotive sectors, despite a challenging FY25. He highlighted a 9.1% growth in automobile retail sales in 2024, but noted a 12.4% decline in December sales. Kanwar called for aggressive infrastructure spending and a reduction in GST to boost the economy.
#Davos #India #Us #NeerajKanwar #ApolloTyres #Automotive #Economy #Growth #Hightech #Gst
https://www.businesstoday.in/wef-2025/story/davos-2025-very-important-for-india-to-have-better-ties-with-us-at-this-time-says-neeraj-kanwar-of-apollo-tyres-461698-2025-01-22