Companies should focus on business rather than predicting crude prices or exchange rates, says Harsh Mariwala

Companies should focus on the business and consumers rather than predicting crude or exchange rates, said Harsh Mariwala, chairman, Marico.

"I would be the last person to give a prediction as we go forward. I think whatever has happened, it is beyond our scope," Mariwala said on market volatility.

Last year, there was a huge inflation in raw material prices and now they seem to be getting corrected which is a good thing, Mariwala said, adding that petroleum is something which is impossible to predict, it went high and it has corrected a bit.

On the upcoming general election, Mariwala said, "There is a lot needs to be done for India. So whether it is judicial reforms or labour reforms or agricultural reforms... or ease of doing business, there is more to be done. So, on all those fronts whoever comes to power should address this because we have to grow at a much faster rate."