This refers to Sunanda K Datta-Ray's column "The unmaking of India" (Where Money Talks, February 21). While implementing the 'Make in India' policy, the government must keep in mind that Indian consumers will choose between the products made in India and those imported only by comparing their quality and price. They cannot be expected to buy Indian products of the same quality as that of the foreign ones at a higher price just to show their love for the country. For them, patriotism demands bigger sacrifices. The government also needs to avoid getting inspired by successful stories of domestic manufacturing in other countries since it is difficult to replicate them in India.
The government must not make the mistake of putting in place tariff or non-tariff barriers to give an edge to the local products in the market. This would militate against its own policy of liberalising and globalising its economy.
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The government must not make the mistake of putting in place tariff or non-tariff barriers to give an edge to the local products in the market. This would militate against its own policy of liberalising and globalising its economy.
Tarsem Singh Hoshiarpur
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number