Zakaria: And in broader terms, India's economy and India's business -- you're also going through a global slowdown, a financial crisis, at least in the Western world. How will India handle this? Are you bullish about India's prospects?
Tata: Well, I think that India doesn't suffer from the same cause of economic turndown that is plaguing the West at this time.
And I believe that, with an adequate infusion of capital and credit into the Indian economy, which the government can easily do at reasonable rates, that we can invigorate, or reinvigorate, the economy on a domestic basis, so that we can go through this period of downturn without too much strain in India.
But it will call for the government being bold in terms of what it puts back into the banks, and what it almost mandates the banks to do in terms of getting the credit to the consumer.
Image: An Indian commando feeds pigeons after a military operation at The Taj Hotel in Mumbai on November 29, 2008. | Photograph: Sajjad Hussain/AFP/Getty Images
Also read: Crisis: How will key sectors perform?
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