Uday Kotak, the founder of Kotak Mahindra Bank, stressed the importance of India improving its Return on Time Invested (ROTI) in order to achieve its developmental goals.
During his speech at the CNBC TV18 Global Leadership Summit on November 14, he emphasized that enhancing ROTI is crucial for India's transformation into a developed economy.
Kotak highlighted the need for effective time management in executing projects in both the private and public sectors in India.
He also mentioned that India has a challenging task ahead, with only 23 years remaining to achieve a per capita income of over $15,000.