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Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.
— Baba Kalyani
Tags: expensive, get, big, opportunity

Other Quotes by "Baba Kalyani"

At the Bangalore air show, we got a contract from Boeing for supplying structural components, and we are already supplying jet engine components to Rolls Royce. Both these are titanium-based, not steel components.
— Baba Kalyani
Tags: engine, show, steel, air
Our strategy should be based on indigenisation and import substitution. The government must provide opportunities for domestic companies to participate in sectors in which the country continues to depend on imports.
— Baba Kalyani
Tags: depend, strategy, country, government
I am a self-taught water skier and wind surfer.
— Baba Kalyani
Tags: am, wind, i-am, water
The commodity price easing really does not play too much role in our margins because our basic raw material - steel - is not really a commodities engineering steel.
— Baba Kalyani
Tags: too-much, price, engineering, play
Subsidies on petroleum products and fertilizers should be phased out in a defined, time-bound manner. The resources that would get freed up could then be used to fund various social sector programmes in education, healthcare and other priority sectors.
— Baba Kalyani
Tags: out, get, healthcare, education
View More by "Baba Kalyani"
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