Prøve GULL - Gratis

Neither lawyers nor engineers run India and that’s fine

Mint Bangalore

|

October 15, 2025

In his book, Breakneck: China’s Quest to Engineer the Future, Dan Wang describes two distinct approaches to development.

- RAHUL MATTHAN

China, he argues, has risen to its current global stature on the back of an engineering mindset—the unshakeable belief that social problems can be overcome by solutions we build. America, by contrast, has focused on governance, letting the rule of law and process adherence guide its development pathways. Seen this way, today’s bipolar order is a contest between China’s engineering state and America’s lawyerly state.

China owes its approach to the fact that the political leadership in China has always been composed of STEM-trained technocrats. As a result, it treats infrastructure projects as tools of governance and executes them with single-minded focus. When it needed to bring mobility and connectivity to its more remote regions, China did not hesitate to undertake ambitious decadal mega-projects that involved the construction of high-speed rail networks, bridges over uncrossable gorges and tunnels that ran for kilometres through mountains. To modernize rural districts, it built ultrahigh-voltage lines to move power over thousands of kilometres and its South-North Water Transfer project to supply arid landscapes.

When the state prioritizes a sector in China, it does not merely subsidize it; it synchronises land, credit and procurement, and tasks local governments with aligning factories, training and logistics to meet that objective. This is engineering as statecraft: a bureaucracy that streamlines approvals, permits and procurement in order to meet state-supported objectives.

FLERE HISTORIER FRA Mint Bangalore

Mint Bangalore

Mint Bangalore

Spy satellites next frontier for India's spacetech startups

India's bet to open spacetech to private companies five years ago has spawned startups that are already earning millions of dollars by sharing agriculture and climate data collected by the satellites they launched.

time to read

1 min

January 16, 2026

Mint Bangalore

Does Infosys Q3 signal revival?

Infosys Ltd delivered sequential constant currency (CC) revenue growth of 0.6% in the December quarter (Q3FY26), beating the consensus estimate of 0.3%, despite seasonality and a drop in third-party revenue.

time to read

1 mins

January 16, 2026

Mint Bangalore

Mint Bangalore

China’s propaganda playbook for targeting rivals

When Beijing wants to intimidate its rivals, it has an extensive—and often menacing—playbook to draw from.

time to read

4 mins

January 16, 2026

Mint Bangalore

Mint Bangalore

Data governance failures are too costly: Here's what must be done

Mastering how best to govern data isn't just about safety. A variety of benefits can combine to spell a competitive advantage

time to read

3 mins

January 16, 2026

Mint Bangalore

Retail share in NSE trade hits 10-yr low

The share of direct retail participation in India’s largest stock exchange’s cash turnover has fallen to its lowest in a decade, dragged down by risk aversion amid underperforming equity benchmarks, the rise of mutual funds and reallocation towards initial public offerings.

time to read

1 min

January 16, 2026

Mint Bangalore

PFC launches ₹5k cr public NCD issue

Power Finance Corporation (PFC) on Thursday launched its third public issue of secured, redeemable nonconvertible debentures (NCD), with chairperson and managing director Parminder Chopra calling the strong investor response to its earlier bond offerings a “clear vote of confidence” in the power sector.

time to read

1 min

January 16, 2026

Mint Bangalore

Mint Bangalore

Sebi flags ownership issues in Sterlite Electric share sale

The market regulator sought additional disclosures, which may delay Sterlite's proposed IPO

time to read

3 mins

January 16, 2026

Mint Bangalore

Sony India revenue rises 2.4% in FY25

Consumer electronics maker Sony India’s revenue from operations increased 2.44% to ₹7,851.08 crore in the fiscal 2025; however, its total profit for the financial year decreased by nearly 6% to ₹157.03 crore, according to a regulatory filing from the company.

time to read

1 min

January 16, 2026

Mint Bangalore

Mint Bangalore

KKR closes $2.5 billion Asia-Pacific credit fund

The firm has deployed more than half of the capital across 10 investments

time to read

2 mins

January 16, 2026

Mint Bangalore

IPO float cut lifts Jio, NSE listing outlook

The Indian government has approved a cut to the minimum proportion of shares large firms looking to list must sell to 2.5% of their share capital from 5%, Securities and Exchange Board of India (Sebi) said on Thursday, paving the way for Reliance Jio Platforms’ highly-anticipated initial public offering (IPO).

time to read

1 min

January 16, 2026

Listen

Translate

Share

-
+

Change font size