Mr. Uday Kotak launches 'The Making of India' by Mr. Akhilesh Tilotia, Associate Director & Thematic Analyst with Kotak
Institutional Equities
The Making of India’
– Akhilesh Tilotia’s book on economic game changers
Chronicles the
transformation of India’s economic play, its vectors and implications going
forward
Mr. Uday Kotak,
Executive Vice Chairman and Managing Director, Kotak Mahindra Bank Limited
launched ‘The Making of India – Game Changing Transitions’ – a book by Mr.
Akhilesh Tilotia, Associate Director and thematic analyst with Kotak
Institutional Equities.
 |
| Mr. Akhilesh Tilotia, Associate Director & Thematic Analyst, Kotak Institutional Equities |
The book traces the
arc of India's demographic dividend through the varied transitions taking place
in the economy from their finding of jobs to making their homes. The book
documents and forecasts the forces shaping India's employment market, its
cities, its industry and agriculture and its equation with the rest of the
world.
In conversation with
Mr. Uday Kotak, Mr. Tilotia underscored key social, political and economic
transformations that India is undergoing today which herald massive
opportunities as well as challenges for the nation and its citizens, government
and investors. These stakeholders would do well to appreciate that these
changes come from unexpected places and directions.
Commenting on the
book, Mr. Uday Kotak observes, “Markets and economies worldwide are in a state
of constant tumult led on by a string of known and unknown unknowns. In a
connected world, the ever changing global flows of money, ideas and people, has
led to unpredictability being the new norm. This timely book makes meaning of
the many seemingly disparate, yet interconnected sequences that inform these
events, to help the reader benefit from this creative chaos.”
Mr. Tilotia is
optimistic about India as it dismantles the many distortions in its factor
markets and public goods, which he believes will give rise to opportunities for
those willing to harness this change. He points out that “as the identity of
Indian citizens and their money digitizes, how Indians interact with each other
and their government is changing for the better. Increased material prosperity
of Indians, especially if the gains are well-shared, will force a radical
rethink of India’s urbanization, agriculture, employment creation and
consumption.”
The Making of India
will be available at all leading book stores and online outlets from February
9, 2015. The book is priced at Rs. 500.
About Kotak Mahindra
group
Established in 1985,
the Kotak Mahindra group is one of India’s leading financial services
conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the
Group’s flagship company, received a banking license from the Reserve Bank of
India (RBI). With this, KMFL became the first non-banking finance company in
India to become a bank – Kotak Mahindra Bank Limited.
The consolidated
balance sheet of Kotak Mahindra group is over Rs 1.43 lakh cr and the
consolidated net worth of the Group stands at Rs 21,299 cr (approx US$ 3.4
billion) as on December 31, 2014. The Group offers a wide range of financial
services that encompass every sphere of life.
From commercial banking, to stock
broking, mutual funds, life insurance and investment banking, the Group caters
to the diverse financial needs of individuals and the corporate sector. The
Group has a wide distribution network through branches and franchisees across
India, and international offices in London, New York, Dubai, Abu Dhabi,
Mauritius and Singapore. For more information, please visit the company’s
website at http://www.kotak.com/
Rohila Dhiman
Senior Associate
1401 A, India Bulls
Finance Centre, Tower II, Senapati Bapat Marg,
Elphinstone Road (W)
Mumbai -400013, Maharashtra, India
o +022 4417 4507 | m
+91 9619303615 |
rohila.dhiman@bm.com
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