In an interview with CNBC, Kumar Mangalam Birla, chairman of Aditya Birla Group, says that India has the opportunity to be a manufacturing hub if not for the whole world, then atleast for the Asian region. India has positives like cheap labour and educated people, he says. Birla says that these are interesting times with services business doing well, but manufacturing facing headwinds due to commodity prices. However, he believes that there still are many growth opportunities for India. Watch video for more.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
