GIPE-PUNE-OIIOI2 - DSpace@GIPE

RATIO~ALlZATION IN INDIA~ BUSINESS ENTERPRISE 235
iicance when it is pla-:ed in the perspective of the fact ~hai:
,the superior technical staff has. been· aU time becoming
more and more de-foreignized~ To-day the dependence
of the works on Etir-Amel':can talent is 'les§ than it was
it· few years ago, although more steel is being produced
than forme~Iy. The so-called "covenanted servi::e" consisting
as it does of engineers , chemists" and metallurgists
imported from abroad has be~n steadily, going down.
The following figures indicate that the foreign element
has been decreasing while the output has been on the
Jncrease:
Year Foreign Officers Output
1925 229 248,000 tons
1926 160 320,000
"
1928 143 408,COO
"
1929 134 275,000
"
The diminution in the output Jor 1929 is explained
by the longstanding dislocation caused by the strikes and
lockout. But the trend in .. lridianization .. and in slow
but steady emancipation from alien technical hegemony
is none the less quite patent. And so far as economy in
industrial finance is concerned, be it noted that lndianiza':'
tion is to be appraised as a very valuable element in
!'a~ionalization. We may consider in this connection the,
work of the Technical Institute at Jamshedpur about
:which the chairman for 1927 says: .. That institution
year after year is turning 'out trained Indians whd fall
naturally into their place in our works. Natl,ually they
cost us less than imported me~, and even apart from that;
we are all as Indians anxious to see our industries actually
managed and worked by cur fellow-countrymen. The
steel industry has made great strides in that direction.