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When small is no larger beautiful.. Funding the un-funded Polls and promises Insurance companies bleeding, yet no decision on increasing FDI limit! TN – agglomerate land holdings without alienating ownership The power-full Hindujas He continues the focus on social amelioration Lalu’s envy, India’s pride A professional at the helm of IRDA... Paytm karo... How Air-India loses customs... TIAM turns a full cycle Welcome thrust on trade in Modi’s foreign visits... More Shakti to resource mobilisation... A friendly business group Another Indian music maestro at the UN Banning booze... Things happen by accident and not by design... Computation of GDP – conundrums continue More heat than light Revive development banks... The Swadeshi Trump When Ratan Tata visited SRM Adharma of opposition politics Engineering seats go abegging Modi and the lady Scientists urged to take up farmer-oriented research Like Hinduism: many paths to reach God... Readers' Mail Sri Lanka votes for change Fall in crude prices help in oil sector reform Tatas moving out of urea production... Build close rapport with business leaders Airlines in India: cost and space Vibrant Gujarat Mu Sigma – is no more Sweeter prospects for sugar Increasing non co-operation of state leaders Measuring roof tops in terms of KW/MW Delhi is distant… SoA @ 80 Tribute – UCAL Selvan… Where is Rajaji? Contrarian cousins Colour-Chem’s colourful KRVS Making ‘my Amaravati’... IPL type auction for VCs? Liberal imports idling indigenous capacities Telangana in top gear… Recognition to role of NBFCs.... An informal presentation - analytical, forward locking... Poor quality of university VCs Convulsions in The Hindu The ‘Ayyo-yes’ is no more Make standards certification mandatory... The nuclear option Put expensive assets created to use... London, London Narayan Adapt Vajpayee dinner diplomacy Whistle-Stop Tour of Raghuram Rajan Haul over the coal A rich pool of talent not utilised…. Shipping woes of Chennai companies B H Kothari - a tribute When TN politicians can emulate Kerala's Boy, can you beat these? PC’s preference for professionals Plummeting profits of PSBs Sweet news for TN sugar mills When the President was rendered homeless… Tough task taking states together When online building permits work…. Auto components surge… Welcome GST Tribute Lesson from Chandrababu Naidu Quality silica from Neyveli Russi Mody – a tribute The why of tax incentives Music happens TGS- The king storyteller Shale gas and its shallow future Eternal support for capitalisation of PS banks Should we change the official year? TN accounts for the largest recruits by the IT sector Nuclear power at the nucleus Secularism and anti-Hinduism Bihar elections - the Rajaji formula worked Strengthen the base... 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Road development slows down Maximising the micro pricing … Dr C Rangarajan returns to Chennai …and of a popular trade leader The Jan Dhan bonanza Which side are you, Montek? Roaring Ro-Ro facility Delhi is distant Remembering Indira Sivasailam... TN-leverage strength of BHEL, NLC... CSR and CMI: promise of another Srinivasan Ramanujan... S V Raju – a ‘good’ true liberal Towards speedy justice Welcome focus on core competence The rise and fall of Annamalai University Waning interest in public discussions… Align crops to agro climate endowments… to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. 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MHC should not return to its old indisciplined ways Kinetic Karnataka Come elections, come advertisements... Shaming of Tamils by Tamil farmers at Delhi Poor representation for Kerala and TN in Cabinet Five star activism stalls development activity The ‘Jayanthi Tax.’ Kudos to NDTV... A proud Madrasi Wise Presidents The rise and rise of KCP More tributes to GR Why land prices zoom in TN? TELANGANA at last…BUT S Ramanathan – a versatile musician, musicologist Infrastructure funding – lessons learnt The sea- saw battle continues... Tihar, Puzhal not different from Parappana Agrahara Gay abandon in pricing Naidu will soon build a new Hyderabad Mersal magnified No Maha Koottani in TN... Alexa – Talking Wikipedia Valli, they are more marginalised This scant respect for Law Silver Years of Madras Musings Parliament in paralysis... Permanent secretariat for TN GIM Protest masters... The Gulf aviation boom Cutting the nose to spite the face Where a state respects its litterateurs… The balancing act Cement prices continue to rise… A more liberated TN… Moily’s bold thrust Intellectual of rare qualities Gas is the way forward GM Technology at last! Air Asia India will set new benchmarks for budget travel
 
Build close rapport with business leaders

There is urgent need for the TN chief minister and the minister of industry to build close rapport with business leaders. This has been done by successful chief ministers like Narendra Modi and Chandrababu Naidu. I cite the instance of Chandrababu Naidu effectively using this to enrich Hyderabad. He interacted closely with A Ramakrishna (AR), who took L&T Construction to great heights. Naidu had great trust and belief in the capabilities of AR. The latter lent his expertise in full - from building the Hitec City that attracted global IT majors like Microsoft, the Hitex Exhibition and the National Construction Academy, all creations of L&T Construction. This spread to other parts of AP - eg. L&T constructed in record time a massive water supply scheme for Tirumala Hills. Any and every project of significance in AP was entrusted to L&T. 

An immediate fallout of this was the emergence of a large number of civil engineering firms in AP.  GVK, GMR and dozens of others evolved as giants in the construction field working across the country and in several countries abroad. I noticed the latest entrant, Amara Raja Constructions of the Gallas who have also been making a mark in politics. 

Look at the contrast:  L&T Construction is headquartered in Chennai and has to its credit a large number of innovative projects in the Chennai metro and the state.  L&T pioneered concepts like toll roads and special purpose vehicles for a number of projects, including bridges, roads, the Bengaluru International Airport … At short notice L&T constructed the Jawaharlal Nehru Stadium and got it ready for an international sports meet. Yet the state leadership, with its demand for ‘speed money’ and cuts in contracts, kept L&T Construction at arm’s length. The massive expansion of L&T Construction’s business had little share of construction contracts in Tamil Nadu. Of course the company did make handsome investments in its shipbuilding and port facilities and in several large industrial ventures in Coimbatore. 

The experience of the other business leaders of the state is not very different. Most of them have been investing on expansion outside. I commend the chief minister constituting a high power think-tank of leaders from business and academe and entrust them with the task of economic development - not the pinjrapole-type state planning commission to accommodate friends and admirers. 


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