WEF: TechM chief says co will keep investing in hiring US locals

At the World Economic Forum’s (WEF) 47th annual meeting, top leaders discussed measures to shape the global, regional and industry agendas. Speaking on the sidelines of the event, CP Gurnani of Tech Mahindra said the world is getting disrupted by the technology sector and trade barriers will not apply to 'digitisation'.He said that there is a shortage of high-skilled technical workers in the US and Tech Mahindra will continue to invest in local hiring in the US. He also said that Bexit is an opportunity for the UK to reinvent itself. Startups will get more impetus as the UK comes out of the Europe, said Gurnani. David Cote, Chief Executive Officer of Honeywell, said that India remains a “growth country” for the industrial goods manufacturer and that it will continue expanding its presence.

Speaking to CNBC-TV18 in Davos, Cote said that changes in the corporate tax regime would not affect investments. He said, however, that the Indian government needed to “keep the changes” coming in order to keep its growth story going.Betting on India growth story, Manish Kejriwal of Kedaara Capital says that investors are overall positive on India and also optimistic on Indian macros. He said the focus is on getting proxies to consumer play. 

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