Saluting the resilient spirit of India Industry

Top Stories

»	Indiaâs data centre capacity to more than double by 2027
»	Indiaâs savings rate shoots past global average: SBI report
»	PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
»	Centre pays Rs 4,820 crore to 2.75 lakh farmers for pulses under MSP scheme
»	India's private sector growth surges to 4-month high in Dec: Report

Bikky Khosla | 29 Jul, 2008
Even as terror attacks try to derail the country's economic growth, we need to show resilience and not cow down to these cowardly activities that need to condemned.

The recent serial blasts in Bengaluru and Ahmedabad indicate that terrorists are targeting the nerve centres of the country in their failed bid to cripple the economy.

I feel the blasts will not have any impact on the business and investment climate of the country which is poised for growth. Yes, the incidents may dampen investors' confidence, but investors, both Indian and foreign, are mature enough to know that the terror threat exists everywhere and they have to move ahead regardless.

There is no doubt that investors will come out of this temporary dampening effect and continue to move forward.

Having said that, if the attacks recur, it could be a matter of serious concern. I think the authorities need to take certain drastic measures now. Deploying adequate industrial security networks in major industrial and financial hubs of the country can be one option to ward off heinous act of terror.

We also need to strengthen the intelligence system of the country. The fact that there was major intelligence failure can by no means be sidelined.

Politicians too need to stop playing dirty games and come together to focus on preparing comprehensive anti-terror policies. We need to have zero-tolerance policies to ensure that such conspiracies are nipped in the bud.

Above that, Indian citizens too have to understand that the inconvenience caused due to heightened security measures is for their own good.

However it is really commendable that the people of both cities have shown a rare brand of courage. It is this resilient spirit of Indian Industry that keeps it going even in the face of adversities.

As always, despite the various hurdles faced by the industry - be it rising inflation or input costs, shrinking global markets or even natural calamities - the industry has emerged stronger and the steadfastness and confidence shown by the industry have been remarkable. We salute this resilient spirit of India Industry!