Uday Kotak Calls for Manufacturing Revival

Uday Kotak, the founder of Kotak Bank, recently shared his thoughts on India's economic situation.

He believes the world is changing quickly, and India needs to focus on building its own strengths, especially in manufacturing.

He suggests that the government should help mid-sized manufacturing businesses by providing low-interest loans and other support.

Kotak also talked about how the rupee's value is affected by capital flows and why it's important for India to avoid being complacent.

He thinks the government should encourage more investment in real businesses rather than just financial markets.

Kotak also mentioned that banks need to adapt to new challenges, like attracting deposits and managing retail lending risks.

He is now focusing on his new venture, USK Capital, which aims to support entrepreneurs in building real businesses.