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A. What's the news?
India became the world's most cost effective and No 1 in manufacturing hub overtaking China, as per the data from World of Statistics and US news and world report.
B. Its easy to reach but difficult to sustain.
Indian's are very proud in the great milestone that we have currently achieved, thanks to the current central governments good and appropriate business and economic laws and policies.
When keeping in mind the highly toughened competition that the global economy is currently going through as a corollary of the geopolitical volatility and the AI age, the current great milestone that we have achieved, can never be considered as a celebratory moment.
Achievement of this great milestone is not the ultimate and final, there is yet another milestone that we need to achieve, that is, to sustain this achievement. It is very easy for any country to reach and achieve any great milestone, but the real milestone achievement is when a country is able to sustain that achievement.
C. Needed paradigm shift from businesses.
The following are the necessary paradigm shifts that any business must have:-
1) A shift from profit only oriented business model to pain point solving business model.
2) A shift from against competitor business strategy to self business growth strategy.
3) A shift from low price and cheap raw material procurement to low price and quality material procurement.
4) A shift from AI replacement and workforce layoffs to human workforce integration with AI.
5) A shift from quantity based production to quality based production.
6) A shift from seeing IPO listing as a tool for debt payment to raising fund for business expansion and growth.
D. Needed paradigm shift from the government
An important and necessary paradigm shifts that any government must have is a shift from subsidy based incentive model to long term business beneficial laws and policy incentive model.
E. Needed paradigm shift from citizens.
The following are the necessary paradigm shifts that a citizen must have:-
1) A shift from prioritizing political party and their ideology to prioritizing India as a country in the global competitive race
2) A shift from voting a political party who can just fulfill your temporary wants, needs and desire to voting a political party who focuses, prioritizes, plans and implements policies that is in the best interest of the nation and which is contributing to the nations long term growth.
3) A shift from negative and unnecessary social media content addiction to having a greater and deeper awareness, from the school going age itself, of national policies and geopolitics and critically analyzing their possible impact on India.
4) A shift from family gossiping to constructive, practical and implementable discussions, at their homes or schools or colleges or offices itself, on:-
a) How should our nation be in the next 10, 15 or 25 years from now?
b) What are our flaws? How are those flaws affecting our nations growth? What are solutions to overcome those flaws?
c) How can we as citizens contribute to nation building and growth?
d) such other relevant questions.
F. Needed paradigm shift from investors.
The following are the necessary paradigm shifts that any investor, whether domestic investor or foreign investor, must have:-
1) A shift from financial statement based investment decision to value creation (pain point solving) based investment decision.
2) A shift from substitute goods based investment to market relevant industry based investment.
3) A shift from funding companies only for investor gain to funding companies to promote those companies who create a relevant, long term and positive impact in the society.
G. Needed paradigm shift from schools and colleges.
The following are the necessary paradigm shifts that any school or college must have:-
1) A shift from bookish based learning to market relevant skill based learning.
2) A shift from written exam based testing to market relevant skill application based testing.
3) A shift from memory based learning to critical and analytical thinking based learning.
H. We can do it, if...
In order for our currently achieved milestone to sustain and grow even further in the long run, it is very important to create a positive paradigm shift among the various stakeholders like businesses, citizens, government, investors, schools and colleges, who are the main pillars of contribution to the nations growth.
If we can create the aforementioned paradigm shifts among the various stakeholders mentioned above, then I am highly optimistic that, we as a nation can easily achieve what we want to achieve and sustain and grow in the long run.
Blog dated: 06- 06- 2025