Jamshyd Godrej Quotes
I don't think manufacturing should be looked at independently. It is part of the economy. So, when the economy does well, and when there is investment, the sector does well.
Godrej, Jamshyd. "Interview with Jamshyd Godrej: Manufacturing and Economy." The Economic Times, Bennett, Coleman & Co., 14 Aug. 2013.
Foreign trade creates jobs and eliminates jobs. The people who lost jobs as the result of increased foreign trade are readily identified while the job beneficiaries may never know the reason. So it is a hard political sell even though most of the economic studies have showed that more jobs of more value are created by trade than lost. However, the losers are generally blue collar workers while the beneficiaries are generally white collar and knowledge workers. So there is a socioeconomic class differentiation in the trade issue.
Jamshyd Naoroji Godrej is an Indian industrialist and member of the Godrej family, currently serving as managing director and chairman of Godrej & Boyce, the family's consumer durables holding company.