CII President R Mukundan Calls for Structural Reforms and Coordinated Governance to Boost India’s Growth
R. Mukundan, newly appointed CII President, emphasizes deep structural reforms across power, land, logistics, and infrastructure to boost India's competitiveness and achieve the Viksit Bharat vision by 2047. He advocates establishing a GST Council-like body for coordinated reforms across states and sectors. While welcoming Chinese investments and technology, Mukundan urges caution in trade relations and stresses reducing import dependence. He highlights the need to improve the speed of doing business, implement a 16-point reform agenda, and leverage global disruptions to accelerate growth toward a projected 7% GDP increase this fiscal year.