Uday Kotak speaks on ‘India at the Crossroads’ at IMC AGM
Indian Merchants’ Chamber organized its 105th Annual General Meeting here today at IMC.
Online PR News – 20-June-2013 –Indian Merchants’ Chamber organized its 105th Annual General Meeting here today at IMC. Mr. Uday Kotak, Executive Vice President and Managing Director, Kotak Mahindra Bank Ltd. was the chief guest at the AGM. “We have seen many financial ups and downs since last 20 years after the opening up of Indian economy and now we are at the cross roads,” said Mr. Kotak who spoke on the topic, ‘India at the Crossroads’ at the AGM.
Mr. Kotak mentioned following five important issues that India needs to maintain and achieve in order to sustain economic stability. * Competitiveness * Transparency in our operating system * Value system in important issues * Civil society initiative * Politics of idealism and transformational change
He also emphasized the importance to have decisive government, post 2014 and not mixing up business with politics.
In his welcome address, Mr. Niranjan Hiranandani, President, IMC described Mr. Kotak as a man of great prudent and simplicity. Mr. Hiranandani also listed a series of initiatives by way of conferences, seminars, business delegations, etc. during his last one year’s tenure as the President of IMC. Mr. Shailesh Vaidya, President-Elect, IMC proposed the vote of thanks.