ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Technology Imports through NRIs

 present plight of the industry. The UPASI report claims that it is possible to achieve the production target of 125 million kg of tea by 2002 AD, through productivity gains (52 million kg) and an additional extension of area by 10,000 hectares (25 million kg). The main weakness of the report lies in its assessment of the amount of funds required and the available sources of these funds. First, the estimate of the amount required for the development programmes is unreasonably high; secondly, though the sources of funds are not clearly specified, it would appear that the major portion is expected to come from internal sources. Considering the policies adopted by the Indian companies which have bought over erstwhile British tea interests, one has to be skeptical about funds on this scale coming from internal sources, According to one study (Business Standard, March 18, 1983), tea plantations (including a major tea company in Kerala) top the list among 20 THE March 1984 issue of the USIS magazine. Span, published in India, carries the story of Jugi Tandon. an engineer originally from this country, who has made it to the top in the United States, His firm, Tandon Corporation of California, which he started in 1975, has been declared the Up and Comer of 1983, heading a list of 277 in Forbes magazine's annual ranking of the best small publicly held companies in the United States. An Up and Comer is defined as ''a smallish company that has an excellent chance of turning into a great company ... perhaps ultimately to join Forbes' list of of the 500 largest companies".

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