The momentum created in the past has run out of steam, and there is an all-encompassing slowdown because there has been so little reform in the last 15 years.
Better highways mean trucks can carry bigger loads, so demand for trucks is falling. Such improved productivity must be taken into GDP consideration, but is it?
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
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.
This is the real work of government in a developing country. Touches the well being of every single household, all the top corporates. A few symbolic decisions, like Air India, would send a reassuring message that it is not business as usual. Bite the bullet on privatisation in the real sense of the term.
This is the real work of government in a developing country. Touches the well being of every single household, all the top corporates. A few symbolic decisions, like Air India, would send a reassuring message that it is not business as usual. Bite the bullet on privatisation in the real sense of the term.