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Global economy becoming increasingly tribalised, companies must also focus on long-term betterment of India: Uday Kotak
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Global economy becoming increasingly tribalised, companies must also focus on long-term betterment of India: Uday Kotak

The Indian Express·Akash Mandal·21 days ago
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Uday Kotak, founder and former CEO of Kotak Mahindra Bank. (File Photo) At a time when the global economy is shifting from globalisation to an increasingly ‘tribal’ order, countries need to be prepared for structural changes to the global economic order even if the conflict between the US and Iran is resolved, according to Uday Kotak, founder and former CEO of Kotak Mahindra Bank, adding that Indian companies must also focus on the long-term betterment of the nation instead of just quarterly profits. While the world economy has historically boomed after major global crises, the past 80 years or so have not seen a structural shift, with economies instead reverting to a normalised ‘mean’ in the wake of such crises during this period, Kotak said on Tuesday. However, there always remains a chance that the current US-Iran war may lead to a lasting structural shift , for which we need to be prepared.…

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