It was very nice to make comments that how Auto giance in Japan make out the things and blah blah...
Yes, that will be jumble around in Overhyped IT or Techono industy. But what about Textile and Garment industy, which is still make 30 % of Indian export. We get a margin of 5-10% and some time it will be eaten by govt. policy shift..
Tell me how we can sustain agro and textile industy where lacs of ppl employed....
RE:What about us???
by Prof R K Gupta-India on Oct 04, 2007 11:55 PM Permalink
fundamental changes are needed.by reducing worth of rupee vis a vis we are emotying india's wealth for other markets.This is foolish,.good for short term but not for long time.indian must develop competence and comeptitiveness by R&D and movinf to high value goods and services.or face the music.SDomestic markets ahev to be strengthened and we should consrve fuel oil at all costs.Reckless sales of automobiles and inefficint ,machies and furnaces ion industries gobble up fuel.It is mater of shame that a police officer or ciollector's wife or servant uses a jeep and wastes Rs 80 worth diesle for buying Rs 100 worth vegetables.Can any society aford this waste now a days?
