Saturday, September 10, 2016

Nano 1975

What "Socialism" does. How it destroys efforts. Remember the effort involved in 1975 when you read the article. The gentleman who developed it was self taught, self made person.
.
1975 Nano precurssor.

An ode to one of the lesser known pioneering victims of License-Raaj and planning commission. India's first "Nano" was designed 40 years ago, was called Meera and no entrepreneur thought to or was allowed by government to invest in it. So much for "Socialism".

Why did govt of India did not allow this project to take-off? Because Japan's Suzuki was going to invest in Sanjay-Gandhi's (then) future dream company (Maruti). This car would have been its competitor hence license was not given.
.

No comments:

Post a Comment