Tractor sales have gone up on the back of a good monsoon, according to Anand Mahindra, vice chairman and managing director, Mahindra & Mahindra.
"This is evident in the Gujarat market, which has recovered considerably. Although the wholesale figures are not very robust yet, the retail market is looking up and aiding industry correction," Mahindra said at the sidelines of a function organised by the National Institute of Industrial Engineering to confer the Lakshya award.
Kumarmangalam Birla, chairman, Aditya Birla group and Adi Godrej, chairman, Godrej group, were conferred the Lakshya Business Visionary Award by NITIE for exemplary achievements in industry.
"This meeting is a confluence of three streams --
politics, business and academia. It is a great opportunity for the students of NITIE to gain invaluable experience," Mahindra said while speaking at the function earlier.
"The Indian information technology ndustry is one of the best in the world and we see tremendous potential for growth. He stressed on the creation of wealth through ideas and more importantly their implementation.
"Anybody can dream, it is the accomplishment of that dream that matters," he added.
Godrej said his company focused on ethics to bring the best out of its developing young employees.
"Godrej was the first company to implement ERP software in 1994 and many NITIE students have been a part of this," he pointed out.
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