We will have to find a way to do it,” he pointed out. Karzai also promised to cut red tape, “I am trying to have single-window clearance for investors”. He was quick to add that Tata Motors had principally agreed to enter the Afghan market; presently dominated by Toyota. Also, India’s Punjab National Bank has already started its operations in Afghanistan. And what could a better place for investment opportunities than a country that’s trying to rebuild itself? It’s a country with abundance of raw material but hardly any finished products to woo potential investors. Of course, recent events in Afghanistan clearly indicate that quelling violence and making the nation safe and stable for foreign investors is going to be a big challenge for Karzai and his team. Indian investors will be watching him carefully
TIME TO DIG UP FURTHER....
Indian children have grown up to the sound of Kabuliwalahs, selling dry fruits and woollens. Kabuliwalah used to be vendors from Afghan capital Kabul and were known to love children and lend money to the needy. Afghanistan produces one of the best watermelons, peaches, grapes, almonds, pistachios and pomegrenates. Indian businessmen trading in Afghan dry fruits have to transport their goods through UAE, Uzbekistan, Iran or Turkmenistan. This hikes their prices and they can’t compete with the dry fruits produced indigenously in Kashmir, Himachal Pradesh and Uttaranchal. With Indo-Afghan trade on the upswing, hopes of getting cheaper Afghan dry fruits have been revived. Besides, Indians can put up food processing plants and cold storages to preserve juicy fruits in Afghanistan. They can also install power plants, leather processing units and woollen garment factories. Kabul will then, be not very far from Delhi!
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, 2006
An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative
Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-
- Hindustan Times Article - Publisher goes underground
- Rashmi Bansal (Editor of JAMMAG)
- Rashmi Bansal(Publisher of JAMMAG)