Chairman emeritus of Infosys Techonologies NR Narayana Murthy said that based on his interactions with global CEOs, he could see that India's image had suffered internationally in the past 3-4 months.
BANGALORE: Infosys Technologies founder NR Narayana Murthy has said he feels sad about the state of the Indian economy.
He said that based on his interactions with global CEOs, he could see that India's image had suffered internationally in the past 3-4 months. In an interview to Morgan Stanley Research, published in a report dated May, Murthy said between 2004 and 2011, the country had not introduced many reforms.
"There was huge expectation. There was a lot of confidence that India would indeed do whatever was necessary because the person who was the face of economic reforms in 1991 is our current Prime Minister. In the opinion of foreign well wishers of India, we have reached our nadir since 1991," he said.
He said that based on his interactions with global CEOs, he could see that India's image had suffered internationally in the past 3-4 months. In an interview to Morgan Stanley Research, published in a report dated May, Murthy said between 2004 and 2011, the country had not introduced many reforms.
"There was huge expectation. There was a lot of confidence that India would indeed do whatever was necessary because the person who was the face of economic reforms in 1991 is our current Prime Minister. In the opinion of foreign well wishers of India, we have reached our nadir since 1991," he said.
