India is the ‘best bet’ in the global economy, says conglomerate exec

Chairman of Hinduja Group said he’s bullish on India, which he called “the very great emerging, fast moving market” Hinduja’s flagship business is Ashok Leyland, one of India’s leading commercial vehicle manufacturers. He said he sees a recession coming in U.S., problems in China and Southeast Asia under the fear of China-Taiwan. The Hinduja group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United States and the United Kingdom.

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