For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Japan’s MITI did a fantastic job during its high growth years. Somehow, having a Minister for a single important task does not deliver the same results in India. One reason for the spectacular growth of our IT industry is that the government had very little to do with it, beyond the pool of educated people the system was creating. 2. Selling India to foreign investors will not be easy. A lot has to be undone, before good things can start getting done.
Japan’s MITI did a fantastic job during its high growth years. Somehow, having a Minister for a single important task does not deliver the same results in India. One reason for the spectacular growth of our IT industry is that the government had very little to do with it, beyond the pool of educated people the system was creating. 2. Selling India to foreign investors will not be easy. A lot has to be undone, before good things can start getting done.