The tasks of making India a country where manufacturing becomes globally competitive, and creating a socially just society, are very difficult, argues Maruti Suzuki chairman R C Bhargava.
The problems have been compounded by losing almost seven decades after Independence without becoming a competitive industrialised country, he says, adding during this period, the gap between the rich and poor grew wider and various conditions developed that are inconsistent with competitive manufacturing and a socially just society.
Manufacturing, at present, is far from competitive and contributes only 15 per cent of the GDP. As a result, removing the wide socioeconomic disparities remains a