THIS is apropos of the letter by Salman Munir (Dec 30) who has very rightly raised the question as to why the students of IBA and LUMS do not join a local company.

The answer is simple: it doesn’t need any supernatural power to comprehend.

Recently Tata was asked as to why the fortune of the Ambanis have catapulted to such meteoric rise within the last three decades while the pace of progress of Tatas even after a lapse of more than a century cannot be compared to the Ambanis.

To this Tata replied that they were industrialists and they (the Ambanis) were businessmen.

True industrialists are real visionaries who do not go after short-or medium-term goals, with no mad rush towards making huge profits. They want to give something to their soil.

While the Pakistani businessmen think only of amassing huge cut-throat profits, none of them can ever be Birla or Tata.

In fact, they are just petty bourgeois who have debased and abused our industrial scene.

When most of the local companies pay their employees once every two months and ten days, do we expect the brilliant youngsters from IBA/ LUMS to join them and rust their intellect and skills?

RAFI AHMED Karachi

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...