Saturday, January 26, 2008

Irony of the 1 lakh car

Tatas recently announced the launch of the one lakh car. I am happy that the Tatas are making car ownership a reality for low-income families. Unfortunately this is not the toast of the country . Everyone is afraid of the traffic nightmare this launch will cause. India today does not have the road infrastructure to handle more cars.

The public is worried about it but does any politician want to listen? Growth is a good thing but don't get ahead of yourself . If the infrastructure is not there, you are going to choke yourself and growth will cease to exist.

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