Showing posts with the label manufacturing

The Lost Story of Bihar's Industrialization

Today, this tweet came up to my knowledge, as I was walking through on the top trends on Twitter for a brief glance. What caught my eye was the image that was inserted in the tweet. Contrary to perceptions about Bihar being some agricultural rustic land, one saw some big plants having been named in the list. The tweet had an angry tone, and was asking that people are wanting to re-develop Bihar's industries so that the migrant labourers do not have to ever leave their state again. Ironically, while this topic rages on among the tweeters of Bihari origin, the topic seems to have hit a stonewall of silence, as if no one wants to talk about the story behind these pictures. Migrants are not able to get work within Bihar has always been a major driver of the migrant exodus from the state. In 2015, when there were state elections, there was a detailed discussion after perhaps several decades in the news media about ind

Make in India Needs to Account for Make in MSMEs Too

Pic Courtesy: Times of India News came in today  of the government going all out to woo industries willing to move out of China. While I like the effort going on and find out timely, there are a few things that people really need to ponder over as we move forward. A step back is also needed to understand just where we stand and what we need, especially with respect to potential wave of industrial expansion that we are aiming for. Market Size and Currency Valuation People in government machinery cotinue to overestimate the ability of Indian market to absorb things is overstated. Some of our best industries were really earning from exports. Textiles, auto, ceramics, pharma - you name it, the export earning is big.  Also, analysts like Sajid Chenoy and several others have regularly pointed out also that India has really seen growth in the past two decades when two factors converged: 1. Export oriented units, especially MSME sector boomed and got big orders 2. Rupee's real