‘India today is land of opportunities like US’

“The good news is, things are very different now. If you are willing to brave the bureaucratic hassles, India today is the land of opportunities like the US,” said Srikanth Bolla, the CEO of Bollant Industries. 

“Look at it this way. Our India will grow at 8 per cent a year for next 25 years. Assuming that all the growth is in the cities, our cities would grow at 15-25 per cent a year in terms of GDP. In other words, you would become rich in India by just starting up a business,” Bolla said in his address to the World Hindu Economic Forum here. 

“Of course, as long as you are willing to tackle the bureaucrats. If you are not willing to do so you can invest on use, because we are already doing it,” said Bolla, who decided against staying in the US after completing his studies at MIT.