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Rahul Has Opened a Door for Us in J&K: Ratan Tata

The titans of the Indian industry today came to Kashmir promising to tap the "enormous" potential in the region to help usher in change with Ratan Tata saying the doors have opened for bringing investments.

Tata, the Chairman of the Tata Group who was part of a top business delegation brought by Rahul Gandhi to the Valley, also hailed the AICC general secretary's efforts to do something for the people of Kashmir.

"What Mr Gandhi has done is not open a window but open a door," Tata told reporters here after addressing a packed interactive session with students of Kashmir University along with Rahul.

At a luncheon meeting hosted by Chief Minister Omar Abdullah for the delegation, Tata said India Inc would definitely like to be part of the economic stake holder in Jammu and Kashmir. Rahul and top Kashmir businessmen were also present at the meeting.

Omar said the security situation in the state had shown considerable improvement for multinational companies to come into the state and help in its economic growth.

In his interaction with reporters, Tata said it was for the industry leaders to do something for people of Kashmir so that they become a part of the growth and development of the country.

"It is for us as people in the industry to look beyond our normal places of endeavour to do something in Kashmir, to do something with Kashmir and to do something for the people of Kashmir that will bring prosperity and change," he added.

"The potential is enormous and I think what has happened is today that the doors have been opened," he said.

The industrialist also said he was feeling very emotional in saying that, "it has been a real step forward to be able to have a conversation with a great wealth of human capital that exists in Kashmir".

Rahul, who lent a business dimension to his two-day visit to Kashmir, pledged to do his bit in building a long-term relationship with the youth of the state and fulfil their aspirations.

Besides Tata, Aditya Birla Group chairman Kumar Manglam Birla, HDFC chairman Deepak Parekh and Managing Director of Bajaj Auto Rajeev Bajaj were part of the business delegation.

At a breakfast meeting with Omar, Tata also expressed his desire to expand his group's activities in the state.

On Centre's decision to allow FDI in multi-brand retail, Rahul gave his backing, saying it will help farmers prosper by removing middlemen from the supply chain and generate new jobs. He made these remarks while addressing the national executive of Indian Youth Congress here last night,

Tata said the interactive session with the students has displayed their intelligence as also the ability and keenness to participate in the growth and development of India.

The industrialist also said he was feeling very emotional in saying that, "it has been a real step forward to be able to have a conversation with a great wealth of human capital that exists in Kashmir".

Gandhi on his part said, "I think we have some of the brightest children in the room behind us. We need to work together with them and with other youngsters like them in Jammu and Kashmir to show them what can be achieved (and) what the future is and that they should take part in it".

The Congress leader said his main aim was to build trust and a long-term relationship with the youth of the state.

"They (students) are very happy to speak with the businessmen and they are aspirational and we want to fulfil as many of their aspirations as possible," he added.

Rahul said he had promised the students of university during a similar interaction last year to facilitate an interaction with the titans of the industry.

"I had come here last year and I had promised the students here that I would try to build a long-term relationship with them, to develop some trust", he added.

Rahul said, "They had mentioned to me that they would like to speak to some big businessmen and discuss job placements. So I had brought some of the titans of the industry to Kashmir to have a word with them".

He said he and the businessmen had a nice conversation with the "very very bright students and we want to try and see if we can build a future together".

While the interactive session was underway at the Convocation Hall of the University, another group of students held a protest against the visit at the other end of the campus, sources said.

The handful of students raised slogans alleging that the University was being used for political ends, they said.

The students were chased away by police and university watch and ward staff, the sources said.

Emerging story. Watch this space for updates as more details come in
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Digression

5/D-60
Oct 05, 2012
06:27 PM

Pity these "Dooms DAY" merechants; they never think positively, always negatively.  

Kel Shorey, Glasgow
4/D-55
Oct 05, 2012
05:21 PM

Ratan Tata has lowered the dignity of Tata group by giving Mr Waste credit for doing nothing

wrongone, chennai
3/D-54
Oct 05, 2012
05:14 PM

 Tata and Birla of Tata Steel and Hindalco are looking to save the coal block gifts which Manmohan allocated to them and the bank honchos are the ones who gift loans to these big crony capitalists with no due diligence. They all have to butter up the head of the Govt to stay in business.

Anyway, we remember Bill Gates standing behing Rahul in Amethi, Milibank of UK doing slum tourism in Amethi - nothing came out of that.

And let us not forget the PSUs like HMT in Kashmir which manufactured nothing but paid their employees salaries for years.

As long as Kahmir is treated like special class citizens with grants (gifts) instead of loans, disallow rest of India (including soldiers who sacrifice their life in Kashmir)  to buy land, it is all a political drama to showcase the Congress PM-in-waiting.

bharat, delhi
2/D-53
Oct 05, 2012
05:14 PM

 What is the industry in Kashmir? only tourism, murder, communal riots  and the 'oldest profession" of the world.  Power has to go from the plains.During day, voltage is low and in night hours very high. When the plains itself is in dire shortage of power, who will give extra power?. S usual, Rahul has no idea of what is needed for indusrialisation. All products, including food petro products and what not are to go from the plains. Due to the cost of petro products, the cost of transport of raw materials and finished materials will be high and the cost of finished products are going to be no cheap or competitive  which any child knows. Requiem will be sung before the DNA is thought of. Any amount of pumping in will be waste with a state in the status of terminal TB. Anyway the chosen industrialists have enjoyed the hospitality although they know well it is fit only for  permanent resort not for  a permnent abode. Any industry will be started with 90%funding by government and the balance by the industrialists. The health infrastructure very very very ........poor and the artisans, workers and white collared will feel fish out of water in that dirty climate. The locals can start food processing industries with whatever they get. Let us not waste our tax funds over kashmir.

shree, chennai
1/D-52
Oct 05, 2012
05:08 PM

The real question, when all is said and done, will a capitalist invest capital is a risky place (where one cannot even own anything). I guess as always it will depend on a much higher return on the investment for the much higher risks. Especially, when both India and the world offers plenty of choices. What can that be, I wonder? It will have to be some natural resource. Of course, hiring graduates from Kashmir to work in other parts of India is a more viable easier option. Though the question is - whether the Kashmiri education system is producing much employable human resources and whether the people have a fire in the belly (and work ethic) to make it - well above the Indian average to take a chance with.

The danger of course with all this soft talk, is you raise expectations on which delivery is not possible inspite of all the good intentions of the world.

IMHO, Kashmir needs some tough talking and tough love (like a parent that has to set his wayward child on course). There has to be clarity that borders aren't changing and so the best of the available options is be part of the India story and add to that story - the Red lines must be clear in words and actions. Second that special status will continue to keep the State separate and therefore unequal (and in the hands of a few feudal families whether pro India or pro whatever) - it doesn't work.

Currently, India's approach is between military boot and woosy/romantic liberalism - just won't work. Clarity of thought and action is needed - liberal yes but wishy-washy won't work.

Arun Maheshwari, Bangalore
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