Baba Kalyani Quotes
Our strategy should be based on indigenisation and import substitution. The government must provide opportunities for domestic companies to participate in sectors in which the country continues to depend on imports.
This same argument was used before and since to justify protecting domestic manufacturing from foreign competition until it can mature sufficiently to compete in a global economy. One difficulty occurs if protective tariffs are imposed for this reason. The manufacturers protected never seem to reach the point where they can compete without the subsidy.
Canada and the United States were the only allies who could handle WWII economically. In all fairness, there were no battles fought on North American soil and no loss of industrial or agricultural capacity.
See {617208} his grandfather’s related statement.
Babasaheb Neelkanth Kalyani is an Indian businessman who served as the chairman and managing director of Bharat Forge, the Flagship company of the Kalyani Group and the world's second-largest forgings manufacturer after ThyssenKrupp of Germany.