The famed German magazine Der Spiegel (The Mirror) interviews Ratan Tata (via Bainite). I was happy to see his commitment to the safety of Indian families:

Again and again here in India, I see entire families riding a single scooter: The father drives with one child standing just in front of him, and the mother sits behind with a baby on her arm. I have seen that so often… even during rainstorms or at night. And each time, I think: Oh God, can’t we do something to help these families travel more safely? So we launched this project. Our goal is to develop an inexpensive and safe vehicle.

I found his cautious optimism prudent:

We live in a highly competitive world — and we Indians have to struggle to catch up. So modesty is necessary, even if there is also a need for a certain amount of national pride. When it comes down to it, we have managed our country’s economy poorly for long enough. There is really no reason to now think that we can conquer the world.

However, I found that his views on democracy are not very different from that of his uncle, JRD Tata:

The political system of the People’s Republic of China can make things easy. Decisions are made quickly and results come quickly, too. In our democracy, on the other hand, such things are extremely difficult. We like to say that India has the advantage of being a large market. We have provinces, we have the rule of law, we have a system of justice. But those are also weaknesses when compared with China. On the other hand, one of our strengths is that we are very individualistic, and as individuals we are very creative. But that, too, is a weakness, because it keeps us from working well together. Everyone thinks only about his own profit. India has probably lost its position to China as the world’s workshop. At the same time it has the power to be ahead of China when it comes to knowledge. Not that the Chinese are far behind. They will get there. But our challenge is to invest sufficiently in education.

A pity!