The closure of the Hindustan Motors factory in Uttarapara, West Bengal, is the end of an era in Indian history. The Ambassador is the perfect example of all that was wrong with Indian policy towards industrialization, manufacturing and business. Protectionism and the license raj created a seller's market where people waited years to buy a car. Until liberalization in the 1990s, the Amby hadn't known any real competition, and there was no pressure to either modernize or improve quality. None of this mattered, at least we had a car. And there wasn't any other quite like it in the world. RIP, motor gadi.
The French government today said it was the victim of an "economic war" after Renault, the partially state-owned car maker, suspended three top executives over suspected leaks of secret electric car technology. The French industry minister, Eric Besson, told French radio: "The expression 'economic war', while often outrageous, is for once appropriate here." He said the case illustrated "the risks our companies face in terms of industrial espionage, and economic intelligence".