Alert Sign Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on

Alert Sign Dear reader, please upgrade to the latest version of IE to have a better reading experience


Business graduates and local companies

January 22, 2013

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?