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Adani attributed his business success to policy and institutional reforms initiated by several leaders and governments of over three decades.
Liberalisation of export-import policy under former Prime Minister Rajiv Gandhi helped the Gujarat-born entrepreneur start his export house. “But for Rajiv Gandhi, my journey as an entrepreneur would never have taken off.”
The second big push, he said, came with the economic reforms initiated in 1991 by former Prime Minister Narasimha Rao and then Finance Minister Manmohan Singh, who went on to become India’s prime minister.
Then in 1995, under the chief ministership of Keshubhai Patel, who focused on coastal development, Adani built the port in Mundra.
“Until then, all development in Gujarat was only around NH 8 from Mumbai to Delhi via cities like Vapi, Ankleshwar, Bharuch, Silvassa, Vadodara, Surat and Ahmedabad,” he said.
The fourth “turning point”, Adani said, was in 2001 under the leadership of Narendra Modi, then chief minister and now the country’s prime minister.
Modi’s policies and their implementation went on to not only change the economic landscape of the state but also brought social transformation and development of previously underdeveloped areas, he said. “It also allowed industries and employment to take off like never before.”
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Image and article originally from www.bqprime.com. Read the original article here.