Kumar Mangalam Birla stresses continued investments amid crises, says "You can't stop growing"
New Delhi, Oct. 13 -- Businesses must continue investing and expanding despite global crises and rising capital demands, as growth cannot come to a halt, Aditya Birla Group Chairman Kumar Mangalam Birla said.
Speaking at the Bloomberg New Economy forum, the Birla Group Chairman said that despite global uncertainties and disruptions, the group has continued investing in both existing and new businesses, as sustained growth remains essential.
"You can't stop growing...for me capital allocation has been a challenge because you have a whole lot of new demands on your capital which we know about but at the same time...you keep growing; you either grow or you go down," he said.
Apart from capital allocation, Birla identified geopolitical dev...
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