India, US and Trump…Kumar Mangalam Birla coins 3U, explains how world will change in 2025 with…, says Trump is…
GH News January 21, 2025 10:06 AM
Chairman of the Aditya Birla Group Kumar Mangalam Birla has shared his insights for the new year that has just begun. Shedding light on the uncertainties of this year Donald Trumps impact the importance of technology and Indias manufacturing potential. He highlighted that the last year marks 25 years for the Aditya Birla Group. Over the past 25 years the world has witnessed the digital age globalisation climate change and the drastic rise of artificial intelligence (AI). It is worth mentioning that changes that once took centuries are now happening in decades making the world more connected divided advanced and anxious. Kumar Mangalam Birla talked about 2025 as being defined by the 3U factors that are - Uncertain Unpredictable and Unorthodox. He stated that navigating these uncertainties will be crucial as they summarise the paradox of our times—a world filled with possibilities but shrouded in ambiguity. He added that while social media presents a superficial image the actual reality is far more complex. Donald Trump Will Shape the Course Birla pointed out that Donald Trump could be pivotal in shaping this year. According to Birla Trump’s influence may impact the global economy and trade environment. For the Aditya Birla Group America remains a crucial market with over USD 15 billion in investments including a USD 4 billion greenfield expansion currently underway. Expressing optimism about India-US relations Birla reiterated Warren Buffetts advice Never bet against America praising the dynamism of the American economy. Birla remarked that there is a global resurgence in emphasis on manufacturing aimed at reinforcing and diversifying supply chains. He noted that India is in a strong position to take advantage of this opportunity even though its industrial capabilities are frequently undervalued. The arrival of Apples ecosystem in India is a testament to this. Soon a quarter of the worlds iPhones will be manufactured in India. The Indian automobile sector is also emerging as a major global exporter of components and vehicles. Indias Cement Industry: Second Largest in the World It is to be noted that Indias cement industry which is the second largest in the world often goes unnoticed. It has fuelled infrastructure development generated employment and accelerated economic growth in the country. In 2024 the Aditya Birla Groups flagship cement company UltraTech Cement achieved a capacity of 150 MTPA. UltraTech now produces more than 1.5 times the total cement output of America and over 80 percent of Europes total capacity. This is also clear evidence of Indias growing industrial strength and global manufacturing influence. Birla called 2024 a milestone year for the Aditya Birla Group. The group has expanded into new growth sectors such as paints jewellery retail and B2B e-commerce for construction materials.
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