WikiCommons Dr Jaijit Bhattacharya 2021-07-26T01:07:34+05:30 Supersonic Flight: Can India Afford Not Catching The Next Bus? outlookindia.com 2021-07-26T07:14:23+05:30
India has been famously missing out on “catching the bus” when it comes to industrial technologies. Either we have betted on too long term technology, or we have been complete bystanders to new industrial technologies coming up and then trying to play catch-up for the next few decades.
Even when Indian industry was there at the right time, such as automobiles or television, we almost succeeded in throttling our domestic industry through poor policies, leading to near-death experiences. In other cases, such as the development of the Electric Vehicle (EV) industry and the associated battery industry, while the rest of the key economies globally unleashed a series of government policies towards the end of the first decade of this century, India simply watched. And now, we ar