Serving 5 billion people means inspecting thousands of product variations at full speed.
We built an #AI tool with P&G that adapts in real timeโno constant reprogramming. Quality that scales.
@hvgoenka Good. For a country of 140cr we can do even better. Focusing on manufacturing and exporting them (not just SW and services) will give us a boost. Textiles auto components tyres electronics with good quality ๐๐ผ
@hvgoenka Arre Sir kya bol rahe ho aap. Our politicians are no lesser than scientists. Just recollect the posts on E20 how good it is for your vehicle ๐ค๐
I have been meaning to write this since the day @thekaipullai launched his https://t.co/RYChUlqhEj website.
To me, this is a great example of an innate human drive to do something simply because you are curious and passionate about it. You want to understand something, you want to build something, you want to try something. You just do it.
There are millions and millions of people like this in India. But many of them cannot freely pursue what they want to do because of the friction created by the centralized government system inherited from the British and then expanded after Independence.
Imagine if @thekaipullai had to first get permission from some government body to create a site like this. Then get permission to use AI without limits. Then have some committee decide whether his representation of history is โaccurateโ according to the political ideology of whoever is in power.
How many people would bother? Most would simply give up.
Fortunately, this is not an economic activity, so as far as I know the government has little reason to interfere. But the moment you try to do something that creates economic value, the friction starts. Sometimes it is mild. Sometimes it is moderate. Sometimes it is heavy enough to kill the idea completely.
This is what I think we fail to appreciate. The problem is not that Indians lack curiosity, initiative or ambition. The problem is that we have a heavily centralized government system that puts friction in the way of people trying to turn their curiosity and initiative into something useful.
That is also one reason our best brains and most enterprising people leave the country. It is not always about money. They want the freedom to pursue an idea, experiment and build something without having to keep asking for permission or navigating an inefficient bureaucratic machinery.
Those who stay back often learn to adjust to the system. Some simply accept the status quo and do what they can. Others learn to navigate the system and benefit from it.
And this is where I think our politicians, bureaucrats and economic intellectuals have failed us. Many of them know how much friction this system creates. But they don't seriously advocate dismantling the old socialistic, centralized, top-down, one-size-fits-all structure.
I think the reason is simple. They have spent their entire careers learning and optimizing how to survive and succeed within this system. Why would they want to dismantle a system they have spent their lives learning to navigate, thrive in and benefit from, including the power that comes with it?
Imagine what would happen if we removed most of this friction and simply let millions of Indians follow their curiosity, experiment, build and create value freely.
I think we would be amazed at what people can do when the government simply gets out of their way. The best way for the government to get out of the way is to minimize itself and decentralize the power structures, so people can have maximum political, economic and social freedom.
It's manufacturing , manufacturing and manufacturing.
Without strengthening manufacturing and merchandise exports, both economic growth and employment generation are going to be hard.
Vietnam, roughly the size of an Indian state, is already exporting more goods than we are.
China is in a different league, at around 15% of global merchandise exports.
As I pointed out the other day, from the early years after Independence to date, our share of global merchandise exports has never crossed 2%.
We missed the manufacturing bus and we are still missing it.
@dmuthuk Itโs time we start focusing on exports aggressively. We have good scope in textiles,auto components and AI based manufacturing solutions. The export focus should be apart from IT mainly in manufacturing. This will give continuous employment and focus on quality also. We can do ๐๐ผ
@dmuthuk Unfortunately this is true in many businessmen and also actors. People show off more than live real life. Money is very important and we canโt be philosophical about it. Financial discipline including credit cards, personal loans need close scrutiny ๐๐ผ
@dmuthuk True that. Many of the IPOs stay put and one sees hardly any significant upward movement . Unless one holds for a long time or investments are huge and even few rupees can earn good returns just because of volume. Itโs not easy.. this market ๐
@dmuthuk Completely agree.We were in need and we were desperate.appreciate your view point and asking for restraints. Such advise and guidance are appreciated ๐๐ผ
@hvgoenka We have been talking about decongesting certain areas. Just identify the offices and industries which are located where the trains get crowded. Incentivise them to move to different parts like Navi Mumbai Kalyan Dombivli Panvel. Look at BKC now . What stops us from this
@Siemens Unfortunately such a nice product being killed with so called development of successor products. The market has just accepted the V9.X with full support.
A safe food is where public health begins, not in hospitals.
Prevention at the kitchen door costs far less than treatment at the hospital bed.
The outcomes of enforcement go beyond public health. A society where food businesses meet a genuine food standard is a society with fewer preventable illnesses, more consumer trust, and a stronger food economy .overall Health and economic outcomes rise together when food safety is taken seriously.
#TukaramMundhe #Foodsafety #Leadership #people
https://t.co/MHZAdyIq0B
@dmuthuk Yesterday you wrote about agriculture and the job market therein. Today it you mention about the importance of food processing industry which is connected. May you can write and podcast on such topics. Food processing industry will be also important for our food safety.
@hvgoenka The development has been phenomenal. The govt should also focus on tire2/3 cities as well. Decongesting Mumbai is very essential for the overall growth of Maharashtra ๐