Ratan Tata

Ratan Tata Speaks Out

Echoing the sentiments and thoughts expressed by K. Subrahmanyam as I’d written earlier about, it is now the turn of Ratan Tata to speak out about the significance of the Indo-US nuclear deal and what may be the implications if we back out. Again, in an interview with Karan Thapar, Tata says:
Calling the India-US civil nuclear deal “the best possible thing that has happened to India”, noted industrialist Ratan Tata has warned that political uncertainty caused by opposition to the pact could adversely impact the country’s growth.
“I’m very, very sorry that on various issues this is being beleaguered. I really believe that if it doesn’t happen the only people who would be happy and benefit by it not happening will be the people of Pakistan and the people of China.”
Again, echoing what I’d earlier written about how FDI will be impacted:
Tata also felt that the deal not going through would also impact the inflows of foreign direct investment. “I think it could, because I think there would be repercussions and there would be reactions.”