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Orgo-Life the new way to the future Advertising by AdpathwayNaushad Forbes says India needs deeper economic reforms, lower trade barriers and greater deregulation to revive manufacturing, exports, private investment and growth
 "Naushad Forbes, co-chairman of Forbes Marshall")
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Naushad Forbes, co-chairman of Forbes Marshall (Photo: Courtesy Forbes Marshall)
Gireesh Chandra PrasadRajesh Kumar New Delhi
16 min read
Last Updated :
Oct 08 2026 | 11:12 PM
IST
Naushad Forbes, co-chairman of steam engineering and control instrumentation company Forbes Marshall, had just taken charge of the business with his brother around the time of the 1991 reforms. In a virtual interview with Gireesh Chandra Prasad and Rajesh Kumar, Forbes reflects on how the reform wave helped them expand their business in ways it wasn’t possible earlier. Over the years, Forbes has been one of the few industrialists who has persistently pitched for a pivot away from protectionism to a freer economy. Edited excerpts:
English (US) · 
French (CA) · 
French (FR) ·