There are a number of reasons why people in Tamil Nadu have not developed like Tata or Ambani. Some of these reasons include,
Tamil Nadu have not developed like Tata or Ambani |
Why can't people in Tamil Nadu develop like a Tata or Ambani?
Lack of access to capital, It is difficult for entrepreneurs in Tamil Nadu to get the capital they need to start and grow their businesses. This is due to a number of factors, including the high cost of borrowing money, the lack of government support for small businesses, and the lack of venture capital investment in the state.
Lack of infrastructure.Tamil Nadu does not have the same level of infrastructure as some other states in India. This includes things like roads, ports, and airports. This makes it difficult for businesses to operate efficiently and to reach markets outside of the state.
Lack of education and skills.The quality of education in Tamil Nadu is not as high as in some other states in India. This means that many people in the state do not have the skills they need to get good jobs or to start their own businesses.
Lack of risk-taking culture. Tamil Nadu has a culture that is not as risk-taking as some other states in India. This means that people are less likely to start their own businesses or to invest in new ventures.
These are just some of the reasons why people in Tamil Nadu have not developed like Tata or Ambani. It is important to note that there are many successful entrepreneurs in Tamil Nadu, but they face a number of challenges that make it difficult for them to achieve the same level of success as Tata or Ambani.
Here are some additional thoughts on the matter:
The government of Tamil Nadu could do more to support entrepreneurs and small businesses. This could include providing loans at lower interest rates, offering tax breaks, and creating more incubators and accelerators.
The state could also invest in infrastructure, such as roads, ports, and airports. This would make it easier for businesses to operate and to reach markets outside of the state.
The government could also work to improve the quality of education in the state. This would give more people the skills they need to get good jobs or to start their own businesses.
Finally, the government could try to create a more risk-taking culture in the state. This could be done by celebrating entrepreneurs and by providing more opportunities for people to learn about entrepreneurship.
It is important to note that there is no easy solution to the problem of why people in Tamil Nadu have not developed like Tata or Ambani. It will take a concerted effort from the government, businesses, and individuals to address the challenges that the state faces. However, I believe that it is possible for Tamil Nadu to develop and to produce more successful entrepreneurs in the future.
This is the reason for the success of American youth
Eventually, after a great struggle, the two return to New York and get married for real.This is the story.
Even when achievers like Steve Jobs, a Bill Gates in America, write down their entire fortune to their children, the children refuse to buy it.
Bill Gates' father was not a billionaire. Elon Musk Musk does not have a billionaire father. Both of them have added so many crores in their own earnings. There father-child relationship is not based on money. It is based on skill. I want father's talent, I want to work on my own like father.
What they leave to their children, money for education, is a few crores as nominal amount. Children do not like more than that.
India does not produce millionaires like this. No one can become a millionaire in India with their own earnings. Father will get it from grandfather. He will multiply it tenfold and give it to the child. The child will multiply it by 100.
No one in India lets the youth who are struggling to advance with their own earnings advance. A few rich families never let anyone grow up.
Dhirubhai Ambani's father was already a good businessman. Dhirubhai Ambani grew it 100 times. His son Mukesh Ambani brothers, especially the eldest son, has turned thousands of crores, sorry tens of crores.
This family business style in India is a curse on the one hand, but a boon on the other!
Your family business must survive. Times may change, but your company should not die. This is what makes TATA.