Micromax is the only homegrown company that broke into India’s Chinese dominated smartphone market. But no one came to its rescue when it was in trouble.
After Mike Pompeo defined a ‘clean’ multi-national company, the Modi govt banned 59 Chinese mobile apps such as TikTok, UC Browser, SHAREit and Clean Master.
After 20 Indian soldiers were killed by Chinese troops at Galwan Valley, there has been a call to boycott Chinese goods. China is the biggest beneficiary of the bilateral trade with India.
For middle-aged RWA men, the death of 20 Indian soldiers is a moment to prove nationalism. As part of revenge, they are breaking goods for which they have already paid money to China.
A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.