A 100 million tonnes of steel. The pre-requisite for a developed, economically
strong and vibrant Nation. The India of my dreams. The India of our dreams.
At Gujarat NRE Coke, we sought to
do our little bit in achieving this vision, when we crossed the mighty
oceans to acquire our first coalmine, since christened NRE # 1, in Australia.
It wasn't just a mine that we purchased - it was years of sheer labour,
hard work and dedicated toil. It was also our first faltering step towards
the world market, towards the NRE Vision 2020. It was also another example
of a truly Indian company breaking free from the shackles of the mind.
It was a moment of defiance when we looked at the past - of scarce resources,
of stunted growth, of stifling opportunities, of an inability to not only
grow but stretch the horizons.
This transformation, this vision
of a 100 million tonnes of steel is most visible in our passports. Let
me erudite - the nature of my work ensures that I travel around the world
for more than half every month. And my heart fills with pride these days,
when I see the marked and visible change in the attitude of people around
the world, when I present the Indian passport. Gone are the days when
an Indian passport used to elicit snide queries and we were looked with
disdain. Indians, the reigning feeling was, were there seeking to crossover,
seeking to sell their brawn for a better living. These days we are viewed
more as suppliers of brains to the world. These days, we Indians are the
torchbearers of knowledge, of commerce, of the future. The Indian passport,
some goddess of learning has whispered in the ears of people around the
world, is here to add value. The Indian standing in front of you is not
here to gape at your standard of living, for many, many, Indians have
already achieved it today, and are aspiring for more. That's what a 100
million tonnes of steel means to the Nation. The winds are a blowing,
my friend, silently transforming ….
However, a lot more needs to be done.
There are many, many more battles to be won, before we really savor the
feeling that is a 100 million tonne's worth. These battles are with ourselves,
with our fears, with our worst selves. These battles are with corruption.
Not the kind of corruption that screams from banner headlines in the morning
newspapers. Not the kind of corruption that is "exposed" day in and day
out in our electronic media. Not the kind of corruption that is the staple
of the Nation. But corruption of a different kind -- corruption that is
silently corroding the fibre of the Nation. Corruption that you and me
indulge in on a regular basis. The little tip to the traffic policemen
to hush up a speeding ticket. The suppression of income and wealth. The
window dressing of balance sheets. The muscle tax to the local goon for
political favours…. It is time we Indians held our collective head high
and desist from these petty crimes. We have long focused our attention
on the recipients of bribes, on the perpetrators of corruption, conveniently
shifting the attention away from us, who are the better half of this marriage
of convenience. It is time we look inward. It is time we build our sinews
of steel. And the day, we, the Nation, learn how to say "No" to corruption,
we would have built many, many 100 million tonnes of steel.
The two gravest concerns facing the
Nation, according to me, is the lack of infrastructure and the rampant
spread of the tentacles of corruption. While steps are afoot to tackle
the issues facing the nation for the want of adequate infrastructure,
and I am sure Indian ingenuity will triumph, it is the second problem
that really keeps me wondering.
And the more I wonder, the more things
point towards a general direction. How long will we continue to suffer
under antiquated, anachronistic and antipodal laws? The sheer labyrinth
of miles of legislation that in its dense verbosity stifles entrepreneurial
efforts and defeats the self same purpose for which they were written
in the first place? Why is it that economic crimes are often what we are
forced to commit because of the fact that the very law that is there to
give us the framework is tilted so heavily against rationality that the
result is obvious? What is the way out? And I urge the policy planners
to seriously consider the implications. For to me, a 100 million tonnes
of steel is not the destination for Nation India. It is, at the best,
a signpost on our march to prosperity. A March that will see million of
Indian honing their entrepreneurial skills. A march that will give birth
to innumerable economic efforts, enterprises, corporate entities - entities
that will, at some point in their life, be faced with the insurmountable
wall of laws that will bare their fangs and force, otherwise honest enterprises
into the underworld of darkness.
A 100 million tonnes of steel. The
synonym for a developed India of my dreams. The war cry for entities like
us to conquer the prophecies of Adam Smith. The march across the poverty
line into a life of dignity. The Collective head of a Nation - held high
in self respect.
Before I finish, let me float another
idea whose time has come. I was at the CII organized India Economic Summit
in partnership with the World Economic Forum in New Delhi recently, where
we were asked to classify our companies under various heads - and we were
at a loss, for there was no category called the "Indian Multinational".
It is time we salute our Tata Steels and our Aditya Birla Groups and their
likes - which are truly, not only multi-cultural and multi-locational
conglomerates but are as multinational as any other entity on any global
list. Let us begin by accepting what we have achieved long back - the
crown title of the Indian Multinational, for, Inshallah, with a 100 million
tonnes of steel, many more will join the ranks.
A 100 million tonnes of steel is
also the pride of being Indian. It is also the quiet confidence of the
"Made in India brand". It is also the belief that "we can"…. We can conquer
- distant markets, minds, ourselves.
Jai Hind!
(The author is Vice-Chairman
and Managing Director, Gujarat NRE Coke Ltd. The first Indian company
to acquire a coalmine in Australia)
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