India should be targetting that future rather than past successes of other economies. That is exactly how China became successful by targeting the future needs before 30 years or so.
While China is investing a lot in AI and automation everywhere, do you think it make sense for India to invest in brick and mortar manufacturing sector?
Now that you raised the question of lockdown. Imagine the similar situation in 20 years in future, do you still expect "essential workers" to risk their lives or rather want some drones/robots(controlled by humans of course) doing the work on ground?
I accept your argument that India should be focusing on the future and not the past. People and govt of India are definitely guilty of that.
But please answer my question, where do you want manufacturing to happen in the next 20 years ? India or China ?
Regarding AI and Automation, yes, India is definitely falling behind in that race and should invest more. But what percentage of the population will support that ? Will the poor care about food on their plates or AI and Automation ?
A democracy is represented by majority not minority.
In next 20 years, do you want a world lead by democracies or China ? Please vote with your wallet. Democracy is as much about duties as rights.
Manufacturing sector itself is getting transformed by automation and 3d printing and other tech. Which actually increase the efficiency of capital infused to more output, which can help improve economy overall, hence the people.
Wherever the manufacturing happens, India should lead that rather than doing it itself.
I am all for democracy, but China has proven that democracy may not be needed for economic growth, it is upto people to choose the path rather than something forced on them. I believe in individual liberty than democracy.
While China is investing a lot in AI and automation everywhere, do you think it make sense for India to invest in brick and mortar manufacturing sector?
Now that you raised the question of lockdown. Imagine the similar situation in 20 years in future, do you still expect "essential workers" to risk their lives or rather want some drones/robots(controlled by humans of course) doing the work on ground?