Uday Kotak, founder and Director of Kotak Mahindra Bank, on Thursday, urged every Indian to focus on building India and globally competitive Indian enterprises amid a rapidly changing and uncertain world.
Kotak Mahindra Bank founder further added that corporates in India will build their companies sustainably, keeping faith with investors."This is a time for every Indian to step out of our comfort, convenience, and complacency zones to build an India and an Indian business that is ready to take on the world. I wish that corporate India, in which investors have such great faith, would wake up to this challenge and focus on building companies sustainably for the future, thereby improving the earnings of these companies over time, so that the current high P/E ratios become justified.
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