Zoho CEO Sridhar Vembu warns of rural India's prolonged trade deficit and suggests local resource usage and self-sufficiency to address it.
Zoho CEO Sridhar Vembu has warned that rural India faces a prolonged trade deficit, which he believes must be addressed to avoid deterioration of politics and culture. Comparing to the US-China economic situation, Vembu highlights the impact of trade deficits on employment and cultural fabric. He proposes local resource usage and self-sufficiency in rural areas as potential solutions.
April 29, 2024
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