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“If we think we can become another China, I think it’s too late. In the 1960s the Indian economy was 20% bigger than China’s. Today China’s economy is seven times bigger.”

May 16, 2014 (WiC 237)

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KALYANI MD AND CHAIRMAN OF INDIA'S BHARAT FORGE LTD SPEAKS DURING AN INTERVIEW WITH REUTERS IN PUNE.

Baba Kalyani

Baba Kalyani, the chairman and managing director of auto components maker Bharat Forge, talks to the Financial Times. He says India should focus on high-end, high-value manufacturing rather than try to compete with low-cost producers.

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Made in India

“If we think we can become another China, I think it’s too late. In the 1960s the Indian economy was 20% bigger than China’s. Today China’s economy is seven times bigger.”

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