CEO of Kotak Mahindra Bank wants world to 'engage Indians', said country capable of producing top-class working capital.
NEW DELHI: Several business leaders agree that the future after the Covid is likely to shift drastically when citizens know how to manage their lives through remote working and social dissociation after the latest coronavirus pandemic.
Uday Kotak is confident that the Indian talent pool can outshine its foreign peers in a changing global order that provides new possibilities for the region. The top banking banker on Sunday afternoon Lauding Indian talent believed that financial analysts, communications experts, architects , and engineers are a creative pool with greater productivity and the world needs to take a second look. And that it is time for India, as a post-Covid China is known as a factory in the world that makes several things, to become the 'office' of the world, to attempt to recover.
The 61-year-old businessman asked: "Why should Google pay $200,000 to US engineers at work when they are able to employ Indians on VC cheaply to do the same job?"
Although others valued his views on his timetable, many felt misled by his usage of the term 'cheap.' The disappointed followers said that the Chief Executive Officer will pitch for efficiency, not economic labor and that India is able to become the next best development hub.
The billionaire banker chose to share his two cents based on feedback to almost calm down temperament after some emotional answers came in the thread.
Response to feedback:— Uday Kotak (@udaykotak) May 24, 2020
I reject that our engineers are inferior to the US. India can produce world class human capital. CEOs of Google, Microsoft & others are Indian.
I did not suggest that we underpay Indians by saying “cheap”, only adjusting for purchasing power parity. https://t.co/ekTWA0G3KG