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Raymond Won't Operate In US, Don't Want To Deal With Uncertainty: Chairman At NDTV World Summit
"As the middle class grows, as its aspirations grow, everyone wants affordable luxury. There is a huge interest in aerospace and defence to manufacture in India. Will it happen? Yes. How long will it take? It can be anybody's guess. As a conscious decision, we have decided that we will not operate in the US. We don't want to deal with that uncertainty," Raymond Group Chairman Gautam Hari Singhania said.