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Showing posts from March, 2026

A Cultural Context to our Weakness in Manufacturing

  A Cultural Context to our Weakness in Manufacturing.   Dinesh K Kapila, CGM (Retd) NABARD (Published by The Business Sandesh 3/3/26)   Over the years,  one   thought  has preoccupied me.  India faces notable challenges  as  regards  innovation  in  manufacturing, influenced by both deep-rooted cultural attitudes and historical policies that prioritized stability over risk-taking and experimentation. These factors have contributed to low  investments in  R&D, preference for imported technology, and a services-led economy rather than  a  robust manufacturing  sector.  The preference for setting up units or businesses in the services sector and  for  white collar employment, engineers vying for  a  Masters  in Business and switching to Marketing , Finance, Banking,  Consultancy etc.  A  seasoned senior HR professional told me  jobs as junior salesmen ...