India has a lot to offer to foreign investors [+video ]
Within five years India will be one of the developed countries, the Director of Lakhani Armaan Group has said.
In an exclusive interview with The Information Daily, Mr Ashok Kalra explains that with an abundance of natural resources, man power strength, and a growing literacy rate, India has a lot to offer foreign investors.
“India is a growing country with a large population,” Mr Kalra said. “The literacy rate is growing at a very high rate.”
India’s population has a very large portion of young people who are well educated: “The younger population is more capable and getting more knowledgeable,” he said.
“Language will not be a problem in India. Almost all the people in India can speak clear and fluent English which is very necessary for communication.”
Mr Kalra is Director of one of the biggest footwear manufacturers in India. Lakhani Footwear manufactures more than 200,000 shoes per day and, Mr Kalra says, they are “looking to double our capacity within five years.”
Mr Kalra says “The product is very well established” and “accepted into the market” and “there’s a big demand.” He says “Hopefully within five years this industry will be one of the biggest industries in India.”
“We have an abundance of natural resources, we have man power strength and with the current scenario, within five years it will be one of the developed countries.”
Lakahani Armaan Group was established by Mr K C Lakhani in 1966. It is now the largest manufacturer of beach slippers in India, the largest manufacturer and exporter of sports shoes, selling a total capacity of 55.5 million pairs per year. The group has also been manufacturing sports shoes for Adidas for the past 16 years.