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Wednesday, Jan 11, 2006


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India's century

In his address at the 78th Annual General Meeting of the FICCI, the Prime Minister, Dr Manmohan Singh, said that the economy needed a massive dose of investment to "convert India into a first-rate agricultural, industrial and service economy".

In this context, the article, "A place for India in `Asian' Century" (Business Line, January 5) is relevant. The need to enhance productivity has been stressed. The author has pointed out that without waiting for large investments by using technology and its innovative methods, India should try to increase productivity, quality and cost-competitiveness. The large Chinese market must be exploited. SAFTA has become a reality.

A. Jacob Sahayam

Thiruvanantahpuram

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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