*Excludes exchange gain/(loss) and other income
Contrary to what is happening around the world, India is witnessing a historic tryst with opportunity. The economy has bottomed out and is inching upwards.
Last year, I had dwelt at length on how transformation is the only way forward for a world grappling with slow and uneven growth. The big picture has not changed much this year, as the global economy as a whole continues to struggle with moderate growth.
Baba N. Kalyani
Chairman and Managing Director
Kalyani Centre for Technology and Innovation, Pune India
Convocation ceremony of B.S. (Manufacturing Engineering) programme