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The Masala Mittelsland; Manufacturing in India
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 404 no. 8797 (Aug. 2012)
,
page 53-54.
Topik:
Economic Development
;
Manufacturing
;
Foreign Investment
;
Public Policy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.73
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
If India is to become "the next China"--a manufacturing powerhouse--it is taking its time about it. "We have to industrialise India, and as rapidly as possible," said the country's first prime minister, Jawaharlal Nehru, in 1951. Politicians have tried everything since, including Soviet-style planning. But India seems to prefer growing crops and selling services to making things you can drop on your foot. Manufacturing is still just 15% of output, far below Asian norms. India needs a big manufacturing base. No major country has grown rich without one and nothing else is likely to absorb the labour of the 250m youngsters set to reach working age in the next 15 years. But it can seem a remote prospect. In July power cuts plunged an area in which over 600m people live into darkness, reminding investors that India's infrastructure is not wholly reliable. And workers boiled over at a car factory run by Maruti Suzuki. Almost 100 people were injured and the plant was torched. The charred body of a human-resources chief was found in the ashes. Yet not all is farce and tragedy.
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