Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday, 2 April 2018

#TradeWar #CyberWar #WTO #Protectionism


Trade Wars :  Powered  by  Cyber  Wars  ?




A few weeks back , US President Donald Trump sounded the bugle of the trade war by levying hefty import duties on Steel – Aluminium – Solar Panels and declared his intention to raise import duties on some 1600 items being imported from China




Yesterday , China retaliated by imposing similar duties on $ 3 billion worth of imports from USA




Earlier , our country had imposed higher duties ( one item : 10 % on import of components of smart phones ) on several items , with a view to discourage imports and encourage local manufacture



Levying of a “ Safeguard Duty “ of 70 % on Solar Panels ( mostly imported from China ) , is under consideration



EU is considering  raising duties on import of consumer products from USA



All of this reminded me of the following “ introduction “ of a report  [ QUO  VADIS  ] which I submitted to the top management of Larsen and Toubro , in 1989 :






January 5, 1989





Mr. S.R.Subramaniam 
                                


CORPORATE DIVERSIFICATION




20th Century saw two world-wars between super-powers. The aim of both was territorial expansion. 21st Century will witness a similar war of global dimensions -but with a difference



It will be


*  a war of expansion of economic -territory involving nations,    
    large and small


                        
*  fought by mega-corporations



*  employing world-wide network of space-age technologies /    
    Alliances / resources / markets.




*  unrestrained by national boundaries



*  without an end

  
    

It will be a business-war in which the unprepared will be wiped-out and even those who have made definite survival-plans will find going tough.



I am happy to enclose a report which goes beyond survival.



For many thousand L&T-ites, it will offer hope for growth in the 21st Century.



I suggest that the Corporate Management sets aside one full day during the forthcoming Strategic-Plan Meetings, to debate this report and take necessary decisions.




With kind regards,
                          

       
H. C. Parekh


CC : Mr. N.M.Desai  [  Chairman - L&T  ]




Ref :

World War 3 ?  ( 28 June  2017  )



QUO- VADIS ?  ( January 5, 1989 )

 

http://hcpreports.blogspot.com/2014/05/quo-vadis.html

 

03  April  2018

www.hemenparekh.in / blogs




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