36 spell the B The business environment may be past its worst. But how does Modi’s ‘Make in India’ call fit in with reality Can India be a hub of manufacturing How do top colleges take a measure of it all Outlook’s annual rankings throws lights on the education scene. biz schools: Issues and Problem Areas Before Industry and Schools 50 column A.K. Balaji Prasad 48 interview Neeraj Kanwar 56 made to order The Various Policy and Environment Obstacles Facing India’s Manufacturing Sector 60 a hard stare RSS Takes A Long, Hard Look at Modinomics 64 fdi India Needs More 68 column Rama Bijapurkar 72 Bengal A Photofeature Looks At Some Of Bengal’s Lost Industries 76 What Do We Make A Realist’s Take, by Satish Padmanabhan 84 only TRADING A Nation of Consumers, We Rely Mostly On Imported Goods 88 coLUMN Arun Raman 92 Doing IT It’s Still Difficult To Do Business In India 96 interview Surender Kapur 100 Who Make in India Homegrown firms with a ‘Made in India’ Message 104 column Reshma Patil 116 films Lessons For Biz Students 118 column Venkat Krishnan N. 124