No Naukri! No Chokri!
There is a crisis brewing. You can smell it now. May be today, may be tomorrow, maybe a bit longer; but this cauldron will overflow.
India’s top car manufacturer Suzuki, sold 40% fewer cars than last year. Tata Motors — 57.8% lower! The numbers are just as rosy for the remaining sectors! The Gods are not smiling this time. Modi doesn’t seem to be so lucky anymore. At a 5% GDP growth — we’re close to the old Hindu growth rate of the ’70s.
In an earlier blog, India’s millennials, I wrote that bold action emerges from deep crisis. This crisis, not bold action…