Faster Approvals To Boost Investment Cycle: HDFC
  • Elizabeth George
  • Sep 17 2013

September 17: Keki Mistry, Vice-Chairman and CEO at HDFC, says, “Sharp rupee depreciation and nervousness around India a couple of weeks ago spurred a lot of action by the government, especially in clearing projects faster.” If the approval process can be expedited over the next few months, the investment cycle will look better. “Industry creates jobs, so this is important for India, which has a rising number of youths in need of jobs,” he adds.