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Even as BJP-ruled India is adopting swadeshi, Britain is abandoning it. Rolls-Royce, long the ultimate symbol of British manufacturing prowess, has been sold to Germany\’s BMW (and Volkswagen is trying to come in with a still higher bid). With this, […]

The BJP wants to strengthen Indian industry without scaring away foreign investors. Its manifesto talks of creating an institution like Japan\’s ministry of international trade and industry (MITI), which channelled substantial financial support to select Japanese industries after World War

The BJP wants to strengthen Indian industry without scaring away foreign investors. Its manifesto talks of creating an institution like Japan\’s ministry of international trade and industry (MITI), which channelled substantial financial support to select Japanese industries after World War

The BJP says it will usher in swadeshi economic policies. What exactly does this mean? It means, says the National Agenda on Governance, that India must be built by Indians. But it could hardly be otherwise: The World Bank and

The BJP says it will usher in swadeshi economic policies. What exactly does this mean? It means, says the National Agenda on Governance, that India must be built by Indians. But it could hardly be otherwise: The World Bank and

Now that it seems certain Mr Atal Behari Vajpayee will become the Prime Minister, the BJP\’s version of swadeshi will attract a lot of attention. Its stalwarts declare that foreign investment will be allowed in microchips but not potato chips.

OCED countries, by 2020, could generate anything upto 60 million jobs in looking after the disabled alone, says Swaminathan S A Aiyar. In my last column I said the future of business and exports lies more in services than manufacturing.

I wrote last week about how the World Trade Organisation\’s rules have helped, Indian basmati rice exports to increase by hundreds of millions of dollars, and gain protection for it from foreign imitation. This protection is based not on the

Indian basmati rice has gained hundreds of millions of dollars from intellectual property rights (IPRs) bestowed on it by the much-maligned WTO agreement. This is little known since the eco-jingoists dominating the debate in India have consistently spread disinformation that

India’s greatest comparative advantage lies not in manufacturing but in services, says Swaminathan S Aiyar India\’s future lies in services, much more than industry. Most people in India almost automatically equate business with manufacturing. This is plain wrong. The share