Amit Bhatia: “I have an immense amount of faith in the UK economy”

As a person, and as a family, we ve ways tried to be entrepreneurial. A time when nobody else is looking at the sector, that is where the real opportunity lies,” he comments.

Economic prospects

Of course that’s all well and good, but for an industry like construction materials, which relies so much on the rest of the economy, there has always got to be wider consideration of the way things are going nationally.

“This is a major play on the direction of the economy,” he says. You can’t make this investment if you don’t have great faith in the economy.

“If you look at the heights of 2007 compared to now, many parts of the industry are down. There’s no doubt that we’re far from getting back to those levels. But we are starting to see green shoots appear, positive indicators. We re hearing the same from customers, suppliers and even competitors.

?We now have an immense amount of faith in the UK economy, the resilience of the economy and the passion and the talent of the people who work here.

“The UK has really solid people who receive a fantastic education, are able to get great exposure and experiences in life so that they learn and grow.

“It may not have double digit growth like China, India, Brazil and these other emerging economies, but the trade off is the fact that there is a wonderful working culture in this country and there is an efficient process, with checks and balances,” he adds.

Financial liquidity is a big problem for a lot of growing businesses at the moment, but Bhatia believes that a little prudence is not bad thing.

He comments: ?Whilst credit is not easily as obtainable as before the crisis, that’s good for the market. Good Strong customers, clients and suppliers will always receive levels of credit that are good.

And the government’s role in the economy is also key to the recovery of the construction sector. Bhatia says that continued commitment to spending on capital infrastructure is critical, but that we need to wait and see how pledges made in a speech will filter out into the real world. 

Ultimately whilst the economy is nowhere near as active as in 2007, I get a real sense of optimism from him about Britain’s future prospects.

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