“我认为印度面临的担忧当然是外部性问题，”塔塔钢铁首席执行官兼董事总经理TV·纳伦德兰表示，并补充说印度受益于强劲的国内经济，但容易受到能源成本和利率的影响。纳伦德兰是在2026年印度质量管理基金会年度研讨会上对CNBC-TV18发表上述言论的。他说，迄今为止数据表现良好，各行业均实现增长。他表示，上一季度的GDP数据强劲，而且这种强劲不仅限于总体数字。
“I think the concern for India is, of course, the externalities,” said TV Narendran, CEO and Managing Director of Tata Steel, adding that India benefits from a strong domestic economy but is vulnerable to energy costs and interest rates. Narendran was speaking to CNBC-TV18 at the annual Indian Foundation for Quality Management Symposium 2026. He said numbers have been good so far, with growth across sectors. Last quarter's GDP figure was strong, he said, and the strength was not limited to the headline number.“Leading the way is the auto sector,” he said, adding that both the urban and rural economies are doing well.
“领跑的是汽车行业，”他说，并补充说城市和农村经济都表现良好。他表示，钢铁几乎供应经济的每一个领域，各行业的采购量都表现良好。他补充说，私营部门投资正在回升，包括钢铁在内的一些行业已经进行了大量投资。投资前的利润“通常行业肯定寻求需求增长，但同时也看重有利润的增长，”纳伦德兰说，并补充道“你需要有现金流才能投资。”
Steel supplies almost every segment of the economy and is seeing good offtake across the board, he said. He added that private sector investment is picking up and that some sectors, steel among them, have already invested heavily. Profit Before Investment“Typically industry looks for demand growth for sure, but it also looks at profitable growth,” Narendran said, adding that “you need to have the cash flows to invest.”
他说，仅有良好的需求并不意味着企业会持续投资。纳伦德兰表示，政府和行业将继续努力降低经营成本、简化流程，在中央和邦两级都是如此。他补充说，制造业在很大程度上取决于各邦的情况。筑墙当被问及欧盟碳边境调节机制和欧盟森林砍伐法规等非关税壁垒时，纳伦德兰说：“所有地区，如果你是一个大市场，他们都在试图围绕这些市场筑起一些墙。”
Good demand alone does not mean companies will keep investing, he said. Narendran said the government and industry will keep working to reduce the cost of doing business and make it easier, at both the central and state levels. Manufacturing depends heavily on what happens in the states, he added. Walls Going UpAsked about non-tariff barriers such as the EU's Carbon Border Adjustment Mechanism and the EU Deforestation Regulation , Narendran said, “all geographies, if you're a large market, they're trying to build some walls around those markets.”
他列举了美国和欧洲的例子，并表示印度也必须照顾好自己。他说，印度凭借其国内市场可以为制造商提供规模优势。
He cited the US and Europe and said India also has to take care of itself. India can offer manufacturers scale because of its domestic market, he said.
工业必须在工厂内部构建竞争力，而政府则在工厂外部建设基础设施、降低资本成本并使土地更容易获取。“作为产业和政府，我们需要做很多事情来提升竞争力，在印度建立规模，并准备好向世界出口，”他说。
Industry must build competitiveness inside the factory gates, while the government is building infrastructure, reducing the cost of capital and making land easier to acquire outside them.“There is a lot that we need to do as industry and government to drive competitiveness, build scale in India, and be ready to export to the world,” he said.