tag:blogger.com,1999:blog-8726844009873922462.post903002691170170374..comments2024-03-29T05:44:18.835-07:00Comments on Broadsword by Ajai Shukla - Strategy. Economics. Defence.: L&T to grab early spotlight at Defexpo with first pvt sector warshipBroadswordhttp://www.blogger.com/profile/13076780076240598482noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8726844009873922462.post-8812859386324255132018-12-04T22:44:20.900-08:002018-12-04T22:44:20.900-08:00I hope they dont end up bankrupt because of incomp...I hope they dont end up bankrupt because of incompetent govt ministers and biased Navy officers who doesnt have long term vision of nurturing defence pvt industry . DPSU are incompetent they delay the project for years,cost overrun and no value addition vecause of imported parts this makes us rely on foreign manufactures for imooimp and design.why not let pvt industry take a shot ? L&T is one of the best engineering firms in the world the inhouse desig and manufacture A-Z. Larryhttps://www.blogger.com/profile/10074170533843266291noreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-8333092558753673882018-04-09T19:30:15.618-07:002018-04-09T19:30:15.618-07:00India must open up all of its defence procurement ...India must open up all of its defence procurement to international tender.<br />India must be geared to exporting to the world and politicians actions not statements will count.<br />All our private and public companies should be expected compete with foreign companies globally for obtaining orders from Indias Defense procurement.<br />There must be no favouritism given to any Indian company over a foreign company.<br />Opening up to the world is about constant learning and the discipline of constantly adjusting to the latest in best practices. It’s about installing new technologies, but much more than that. It’s about management knowhow, in supply chains, finance and HR systems, and in tracking of competitors globally. And not just the explicit knowledge, but the tacit knowledge that comes from participation in the world economy and that knowledge is continuously accumulated.<br />It’s about the discipline of dynamism – the relentless learning and updating, and the continuous attempts to leapfrog. That is the real logic of opening up to the world.<br />Flawed Government policy over decades has created major shortfalls in our Indian economy, compared to China and several East Asian nations. India has 18 per cent of the world’s population, but less than 2 per cent of the world’s exports. Our exports per person are only one-fifth the level seen in China or Vietnam. <br />We all know the reason for our poor performance in exports. The reason is protecting our domestic industry for 70 years since Independence, so that they have been raised to always expect favourable, treatment subsidy or an advantage. <br />Is it not time india got down from the Pram and learned to walk.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-28120386714883766612018-04-09T10:41:19.272-07:002018-04-09T10:41:19.272-07:00Broadsword explains it with examples a second time...Broadsword explains it with examples a second time, yet again that of Larsen and Turbo, who strive to survive in an unequal market. <br />India’s legacy of not getting rid of the colonial Babus has been adversely effecting it’s Security.<br /> A legacy of the sheer weight of laws and rules, of bureaucracy, and of vested interests in society. <br />I will keep repeating the mantra as before, our country has to withdraw from the old roles of the State – economic regulation, and ownership and management of enterprise. Those roles restrain private investment and jobs creation. They also preserve incumbents, at the cost of allowing new players to grow. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-47024325735964353072018-04-08T19:31:06.696-07:002018-04-08T19:31:06.696-07:00@Maz
Quite correct, it was a typo, should be 10-1...@Maz<br /><br />Quite correct, it was a typo, should be 10-11 ships a year. <br /><br />Have corrected it. Thanks for bringing it to my attention.<br /><br />AjaiBroadswordhttps://www.blogger.com/profile/13076780076240598482noreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-17238718547193177302018-04-08T16:48:32.699-07:002018-04-08T16:48:32.699-07:00Ajai, the 110 ships a year L&T Kattupalli must...Ajai, the 110 ships a year L&T Kattupalli must be a typo. Please recheck.Mazhttps://www.blogger.com/profile/14437452172064854408noreply@blogger.com