I am thrilled and happy to see voluntary response to Gandhian Anna Hazare's crusade against rampant corruption in India. It is sad despite India growth story in the last 20 years of economic reforms, the country is not able tackle the menace. I know eradicating the evil at one go is a gigantic task. Still, it calls for a big mindset change among the people, administrators and politicians. If the huge transaction cost ( incurred due to corruption) is saved, it will ultimately reduce the cost of products and services. India lives and survives on hopes.
Tuesday, August 23, 2011
K V Shetty demise a personal loss for me
I am very sorry to know the demise of my very good industry friend and source, Shri K V Shetty, Director, IP Rings, India Pistons and other companies of Amalgamations group on August 18, 2011. I convey my heart felt condolence to his family members and colleagues. I sincerely pray God for his Great Soul to rest in Peace.
As a business journalist, I have known Shri Shetty for the last 10 years. I have seen him always sporting smile and treating people with love and affection. He is a doyen and father figure of auto component industry. I have interviewed him as MD, IP Rings as well as ACMA national president.
He was the most active and dynamic ACMA president I have come across in my 30 years of career in business journalism. He was a highly resourceful person with a thorough knowledge of the industry. He was very articulate in communicating industry related issues to Government authorities and media. In his passing away, the Industry has lost a veteran and true friend.
During his life time, Shri Shetty has proudly seen the rapid growth of auto component industry and it was during his presidentship, exports crossed $ one Billion mark ( 2003-04). It was a significant milestone in the industry history. He has also seen the explosive growth of the industry in the south, especially Chennai emerging Detroit of South Asia.
I once again sincerely mourn his death.
As a business journalist, I have known Shri Shetty for the last 10 years. I have seen him always sporting smile and treating people with love and affection. He is a doyen and father figure of auto component industry. I have interviewed him as MD, IP Rings as well as ACMA national president.
He was the most active and dynamic ACMA president I have come across in my 30 years of career in business journalism. He was a highly resourceful person with a thorough knowledge of the industry. He was very articulate in communicating industry related issues to Government authorities and media. In his passing away, the Industry has lost a veteran and true friend.
During his life time, Shri Shetty has proudly seen the rapid growth of auto component industry and it was during his presidentship, exports crossed $ one Billion mark ( 2003-04). It was a significant milestone in the industry history. He has also seen the explosive growth of the industry in the south, especially Chennai emerging Detroit of South Asia.
I once again sincerely mourn his death.
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