#PrivatizationNoSolution
Private banks are already failing. Still government wants to privatize PSBs.
loans: Seven private banks see big rise in stressed retail loans during pandemic; PSBs escape, BFSI News, ET BFSI https://t.co/BpwWcCS9g1
Fifteen minutes before my flight landed in Delhi today, I finished watching Ford v Ferrari on the seatback screen. I was in China with Aditya and Arvind for SNEC Expo (the largest solar and battery expo of the world)
I am not an F1 racing fan, but the movie fascinated me. Not because of cars, but because of its story telling around innovation, engineering, and the relentless pursuit of excellence despite politics, bureaucracy, and repeated setbacks.
Coincidentally, on the same flight I met an old colleague who is now a Principal at ZS Associates. Sixteen years ago, when I worked at ZS Gurgaon, it was a team of barely 200 people. Today, ZS employs more than 6,000 people in India.
I asked Arpit about the biggest learning from his journey. He said, "Understanding and solving the complexities that come with scale."
Scale was also the core theme of our latest China visit. Over the last 12 days, we covered 18 factories across 10 cities in China.
This time we visited the world's largest cell manufacturer. We signed with some of the fastest-growing energy companies. We walked through some of Shanghai's most impressive corporate headquarters and also travelled to township-sized industrial campuses in Tier-3 and Tier-4 cities that looked like self-contained kingdoms. We met founders, CEOs, chairmen, R&D leaders, and technology teams. We signed agreements, built relationships, and gained insights into how these companies think and operate. It was inspiring. It was also overwhelming.
Rome was not built in a day. Neither is China.
In the era of social media and quick commerce, where everyone seeks instant gratification, we often forget that great products, companies, and ecosystems are built through countless iterations. They evolve version by version, year by year.
There is a line in Ford v Ferrari where Ken Miles says: "If you're going to push a car to the limit, it has to talk to you." That statement holds true for many engineering products. There is no magic soup. There is no magic wand.
The products we saw during our China visit in 2019 improved dramatically by 2023 and are almost unrecognizable in 2026. What appears to be overnight success today is actually the cumulative result of a decade of experimentation, failures, redesigns, and persistence that began years earlier.
Another highlight of this trip was understanding the influence of companies like Huawei and Emerson Electric on China's power electronics ecosystem.
Many mid-sized power electronics companies today employ dozens of highly specialized engineers who have spent their entire careers mastering the field. A remarkable number of successful founders and technical leaders began their journeys at Huawei or Emerson. These organizations did far more than build products. They built talent pipelines, engineering culture, and ecosystems.
The engineers trained there are now building companies that design and deploy gigawatt-scale energy systems, advanced power electronics, and technologies destined not only for Earth but eventually for the Moon and beyond.
Nations do not become technology leaders by producing a few successful companies. They become leaders by creating ecosystems that continuously produce great engineers, entrepreneurs, and builders.
We can always find a hundred reasons why something cannot be done. The path to glory begins when we start finding ways around those reasons.
Carroll Shelby says in one of the scenes:
"There's a point at 7,000 RPM where everything fades."
For individuals, companies, and nations alike, greatness often begins when the noise fades and the focus shifts entirely to the craft.
Reverse migration in Bihar. ❤️💪
One manufacturing startup in Patna has shown the way. @Java__sports , co founded by Trina and Nishant - they said we can build the world class sports products right here from Bihar.
I am supporting them with an angel cheque. Join me in investing, collaborating and supporting them to be the biggest “made in Bihar” sports brand.
Do visit them. Watch this 👇
सरकारी बैंकों में स्केल-IV तक के अधिकारियों की लोन देने का पावर अधिकतम ₹10 लाख तक सीमित है वो भी डिजिटल पोर्टल आधारित और लगभग 100% नियम आधारित प्रक्रिया में। लोन माफी करने का तो अधिकार हीं नहीं ब्रांच लेवल पर, पूरा अधिकार कंट्रोलिंग ऑफिस की कमिटी के पास है।
फिर ऐसा कौन सा गंभीर “विजिलेंस एंगल” है जो 2026 के Ease of Doing Business युग में भी अधिकारियों को CVC guidelines के नाम पर पूरब से पश्चिम और उत्तर से दक्षिण भेजने को मजबूर करता है?
2006 वाले ट्रांसफर मॉडल को 2026 में ढोना सरकारी बैंकों के लिए बेहद महंगा सौदा बन चुका है। वित्तीय रूप से भी और मानव संसाधन के स्तर पर भी।
अब समय आ गया है कि नीति में व्यावहारिक और आधुनिक सुधार किए जाएँ।
@SunilLa58275710@manish3065365@ManishkBarnwal9@ramshankarsingh@AshishTekale_@AbhishekDukeBoi@aughad_mastana@idesibanda@PSBPunch@kanalmedia23
CORRECT ME IF I'M WRONG BUT, after 37 years of age, I’ve finally come to realize that, as a man, no one cares about you. Not your wife. Not your family. Not your friends. Not your workmates. Nobody. People act like they care, but deep down, they don't. You are on your own. Always on your own.
The most powerful dialogue in Dhurandhar 2
"We are men, Jaskirat. From the moment we're born till the day we die, we are meant to fight for our cause, for our dreams, for our rights, for our family. And we get no appreciation or medals for it. This is our duty."
Aditya Dhar deserves full credit for writing something so raw and grounded. It truly captures responsibility, sacrifice, and the silent battles men fight every day.