"We have believed at CA that consolidation of this industry is something that was required ten years ago"

Sanjay Kumar is suggesting that the debt consolidation of the industry was essential a years back. This implies that the market has actually not been able to stay up to date with the altering times and has not had the ability to adjust to the altering environment. It could be that the market has actually been sluggish to adopt new technologies or has actually been not able to stay up to date with the competitors. It could likewise be that the market has actually been unable to keep up with the changing customer needs and needs. By combining the industry, it would enable more efficient operations and better customer support. It would also enable more efficient usage of resources and better expense savings. Debt consolidation would likewise permit better economies of scale and much better prices for customers. Debt consolidation would also enable much better development and much better customer care. In conclusion, Sanjay Kumar is recommending that the combination of the industry was needed a years back which it is still needed today in order to stay up to date with the altering times and to stay competitive.