Business | Manufacturing in India
The masala Mittelstand
Manufacturing is taking off in India. But not in the way many hoped
|PUNE AND SILVASSA
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.
This article appeared in the Business section of the print edition under the headline "The masala Mittelstand"
From the August 11th 2012 edition
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