Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

The re-alignment in the global supply chain and reduced dependence on China imply a huge opportunity for India as companies and countries will look for alternative supply sources, Anand G Mahindra, chairman of the Mahindra Group, said on Friday while addressing shareholders at the 76th Annual General Meeting of the company.

"Overall, the situation is full of opportunities for India. There are, however, some gaps we need to fill in to take full advantage of these opportunities,’’ Mahindra said. ‘’The most important of these (gaps) is jobless growth,” the Mumbai-based industrialist added.  

Mahindra also pointed at chances of social unrest if jobs