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The big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.

I believe that eventually, one of the next big issues that will have to be addressed globally is the role of state-owned enterprises. Because there is a disadvantage that's built in.

I do want to make something clear: SpaceX does have a lot of government business, but we execute in a commercial fashion.

I understand fully that jobs are created by the private sector, having been all my life in the private sector, but I don't buy the argument that the state has no role to play.

We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

The role of private equity as fiduciaries is certainly to make money.

Prosperity comes from the private sector.

When the private does well, there's revenue for the public sector.

The good news about building a company during times like this is that the companies that do succeed are going to be extremely strong and resilient.

I see a future where states compete with one another to see which can be the most efficient, and where businesses seek out efficient states in which to locate so they can reap the economic and environmental benefits for their businesses and employees.