India's manufacturing sector

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Abstract: 

AP: You’re listening to the “Transforming India” podcast, jointly brought to you by the Deepak and Neera Raj Center on Indian Economic Policies at Columbia University and the Times of India. I am Arvind Panagariya, Director of the Raj Center and Professor of Economics at Columbia. My co-host on this podcast is Professor Pravin Krishna. He is a professor of International Economics and Business at Johns Hopkins University. Welcome, Pravin.

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PK: Hi Arvind. Delighted to join you again for the seventh episode of this podcast as we continue to discuss Indian economic policies.

AP: Yes, Pravin. And today we are joined by Naushad Forbes of Forbes Marshall. He is also the former president of the Confederation of Indian Industry and a prominent industrialist as well as a public intellectual in India. Welcome, Naushad.

NF: Thank you.

AP: So, Naushad, you and your company has been there in India for a very long time and you have been operating in the environment both before the liberalization in 1991 and after that. So I thought we would begin at least this conversation with your impression of how things evolved over time. So maybe if you would get this started by telling us a little about Forbes Marshall.