“What is great in Starlink?”: Shankar Sharma says 1991 The repairs left Indian companies lazy

The liberation of India in 1991 may have opened growth, but also put the country on the path of dependency, at least from the point of view of the veteran investor and the founder of GQUANTECECHECARCAR Sharma.

Speaking of Podcasts with Rishi Sangafi, Sharma said that the capital and technology that was immersed in the post -reform had left Indian companies “lazy”, dependent on foreign partnerships, and is not enthusiastic to build global technical dominance.

He said: “He gave Indian companies very lazy and very easy to go out.” “Just make joint projects, get the capital, get technology … and classify life. This is exactly what our Indian companies did – history.”

In thinking about contracts since 1991, Sharma said, “The bad thing that the liberation of 1991 did to India is that he opened … flood gates to the global capital inside. With the capital, technology came, so we have never asked for that our formation.”

“We do not even have one company that dominates South Asia, not to mention Asia, not to mention Europe, and we forget America … not a single company.”

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He blamed this for Indian companies that rush to foreign joint projects, and delivered access to markets in exchange for capital and technology – without building the original power. “In the end, what was created? Nothing.”

He was equally critical of the government’s policy towards Elon Musk projects. “What is very cool in Starlink? It’s low, low technology … there is nothing great.” Sharma asked why India gave a “free pass”, while local companies were forced to move in heavy fees and systems.

“If you are a policy maker, I will not allow these things,” he said.