Blog: Ratan Tata interview
Dave Leggett | 5 December 2012
Some interesting insights and observations from Ratan Tata in this interview.
The approach that Tata took with JLR when it went in there certainly confounded a few sceptics. What Mr Tata has to say about the UK's manufacturing sector in general is also certainly of interest.
If UK plc put many of its eggs in the financial services sector over past decades (to the detriment of manufacturing), 'rebalancing' with a resurgent manufacturing sector will certainly not happen overnight. In ten years' time, London will still be an international financial centre. But hopefully, by then, the UK economy will also have a very vibrant and high added value manufacturing sector, led by companies like JLR. There is at least plenty of evidence that policymakers in the UK are aware of the need to create the right conditions for manufacturing companies here (not least in today's Autumn Statement).
I have recently met a man with what you might describe as a bit of a job on his hands....
In the last two days, the Chinese yuan has lost around 3% of its value and that has made headlines. Is it really very significant?...
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