Mr. Kishore
Biyani |
Managing
Director, Pantaloon Retail (India) Limited |
|
|
|
|
Good
afternoon, my view is quite different in terms of government,
being a retailer I think the government has met retailers form
the world but I don’t think the government has met any
Indian retailer till today. I believe that India was created
in 1947 in a very different environment at a different time
in a different way. I think we have reached a long way in getting
the paper industry, the textile industry, the sugar industry,
the basic infrastructure industry I believe the next round of
economic development in this country can happen out of consumption
so I think the government needs to play a role of re-looking
at themselves absolutely , look at creating a scenario planning
exercise of how the whole economy will unfold looking at the
1.2 billion customers which we have in this country, how we
can increase consumption, how we will drive growth which will
adapt to the consumption. I don’t agree to the seminar
global brands, why can’t we first increase consumption
in India, I don’t know why we subsidise exports, why do
we want to create everything for the export market. We are not
doing anything for this country, we are not doing anything in
terms of increasing consumption, rising of infrastructure, look
at the mobile phones, ---call blocks happening now because the
capacities are jammed. We used to reach one hour to my place,
we build fly-overs and we it takes one hour 30 minutes in much
better cars now. Just because the roads are jammed. We used
to stand in the bus queues earlier, now we stand in the queues
at the airport; we never reach on time so we are a nation who
has never planned for the future. We have never created infrastructure,
we have never created any scenarios and whatever scenarios we
are creating today they are made out of textbooks in 1940-50s
which were written in some countries,. I believe that most of
the economists in our country were born in some era, some time
an I don’t think there is any relevant ---by any means
so we believe that we need a new level of thinking, a new level
of scenario planning exercise in terms of how we want to shape
up this country which is going to emerge because we are the
last leg of the consumers left. And the whole world is looking
at India but unfortunately we don’t look at India ourselves.
Thank you. |
|