One thing that often frustrates me, is when I listen to global experts and folks I meet, who give sermons on China its progress, scale, development & then talk of how we India are so far behind. This is what I call as Fact but not true. Have we as a nation failed to harness our abilities, talent, opportunity etc? Absolutely YES. We could have done far better & yes, we can justifiably blame the socialist age, license raj regime, our politicians, our industrialists. But why is it that none understand one simple fact that is also true - China is a one party, one policy, one govt autocracy/ communist/ socialist/ capitalist system with no election ever - & once a policy is made, it is implemented, if need be, by "gunning" people down. They make 50-year plans while others plan for the next elections. Today they are criminalising the business decisions of anyone who has invested in China, if they chose to develop a second supply base outside China – and the world a...
Way back in 2020, I wrote this when the famous imbroglio between then Chairman Cyrus Mistry and Ratan Tata happened. My Previous Blog from 2020 Since then, Rata Tata has passed on and ever since Noel Tata took over as the Chairman, every single day we see news reports of some controversy or other. Directors have resigned, others forced out, still others not given extension, etc. Then we hear about this bizarre demand that the Tata Sons Chairman Chandrashekar must publicly state that he is against taking Tata Sons public. When the issue is legal, the Govt and regulatory authorities breathing down their neck, this demand is illogical. Over the last 18 months the Tata group has been rocked by one controversy after another and all of them except one involved the Board and Noel Tata. On the face of it, they seem bizarre since the board and the group have always behaved with grace and rarely have public spats except when a major issue was involved. Even then the issue was clear, the pu...