How they killed our factories
January 22, 2014  16:17

The government of India, it seems, has decided that factories must not be allowed to come up or to run.

 

Uday Kotak said a few months back, in the course of an interview, that he was amazed that in his new office in Mumbai, not one of the furniture or fixture items were made in India. My friend Rahul Bhasin conducted a similar exercise in his office in Delhi and discovered pretty much the same thing.

 

The carpet is from China, the furniture is from Malaysia, the light fixtures are from China, the glass partition is from all places, Jebel Ali in the Middle East and so on. Kotak went on to add that even Ganesha statues are no longer made in India. They are imported from China. Our great, glorious, imperial, imperious government in Delhi, I am told, organises what is called a cabinet meeting every week.

 

The first item on the agenda is to take stock of how well the country has progressed in destroying its manufacturing base; the second item is to think up Machiavellian new ways to further emasculate what is left of Indian manufacturing. I am told that it is during one of these sessions that it was decided that the income tax department should mount a strong and no-holds-barred campaign against Nokia, a defenceless Finnish company which had shown the temerity and gumption to not only bring FDI into the country, but to actually be one of the few (only?) investors to set up a manufacturing facility.

 

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