“The present is cheaper than that in the future. It further makes businesses more attractive vs passive investments, thus attracting capital. If it does not spin out of control, inflation can be the ally of growth,” Anand Mahindra,the chairman of Mahindra Group,said in a statement recently.

Twitter’s favourite businessman, as he is called, also said that the Rupee was overvalued and ‘finding its own level’ was inevitable. As it fell, it boosted export competitiveness, which has grown 25% year-on-year. The war has disrupted the global supply chain, but at the same time, it is restructuring. As the sourcing diversifies, India will be the top gainer, and the domestic manufacturing could take off. A vacuum has been created as the globe frees itself from China. Many countries will also hurry to fill it.

“That is India's cue. We can be the balance against China. We can be the new player in the supply chain. The situation is rife with opportunities. We have but to seize the day,” Mahindra says. Gig jobs are not enough. However, he also highlights the gaps that India must close in order to capitalise on these potential. The most significant of them is jobless growth, with Indian unemployment hovering at 7-8 percent, according to CMIE data. 

He spoke of the plight of young men and women who are the most affected by unemployment and have the most followers on Twitter. Mahindra, who interacts with the majority of people who comment or tag him on various problems, feels that if this problem is not resolved, a nation with the most youthful population may experience turmoil.

"In the private sector, employment development is primarily occurring at the bottom end of the gig economy - drivers for Uber, deliveries for Zomato, and the like." This is far from adequate. To create employment on a large scale and capitalise on global trends that are working in our favour, we must increase manufacturing," he stated in his address.