logo
India: End of the road for Kolkata's beloved yellow taxis

India: End of the road for Kolkata's beloved yellow taxis

Khaleej Times17-02-2025

Kolkata locals cherish their city's past, which is why many in the one-time Indian capital are mourning a vanishing emblem of its faded grandeur: a hulking and noisy fleet of stately yellow taxis.
The snub-nosed Hindustan Ambassador, first rolling off the assembly line in the 1950s with a design that barely changed in the decades since, once ruled India's potholed streets.
Nowadays it is rarely spotted outside Kolkata, where it serves as the backbone of the metropolitan cab fleet and a readily recognisable symbol of the eastern city's identity.
But numbers are dwindling fast, and a court ruling means those that remain -- lumbering but still sturdy -- will be forced off the roads entirely in the next three years.
"I love my car like my son," Kailash Sahani, who has sat behind the wheel of an Ambassador cab for the past four decades, told AFP.
"It's a simple car -- no electronics, no frills," the 70-year-old added. "It's unbelievable how much things have changed... The end of these taxi cars also marks our end."
Sahani is among thousands of Kolkata cabbies relinquishing their vehicles in line with tough emissions standards introduced in 2009 to ease the city's endemic smog problem.
Only around 2,500 Ambassador taxis were still working at the start of this year, down from 7,000 a year earlier, according to Bengal Taxi Association figures.
Another 1,000 will be retired this year, and West Bengal state transport minister Snehasis Chakraborty told AFP that the remainder will be gone by the end of 2027.
"The car is strong. Parts and maintenance are cheap and if it breaks down, it's easy to find a mechanic," said Bengal Taxi Association spokesman Sanjeeb Roy.
Their disappearance, he added, "represents all that's wrong with India's changing economy".
- Litany of defects -
The Hindustan Ambassador was the cornerstone of India's automotive industry for decades from its 1957 debut at a factory on Kolkata's northern outskirts.
Modelled on a similarly regal sedan car from Britain's now long-defunct Morris Motors, the car was a triumphant achievement of industry in the first years of India's history as an independent nation.
A deluxe model, its windows adorned with lace curtains, was for years the main means of conveyance for government ministers and captains of industry.
But the car's shortcomings also served as a reminder of deep structural problems with the quasi-socialist economic system that prevailed in India at the time.
Buyers sat on wait lists for years because pervasive red tape stopped Hindustan Motors from raising production to meet demand, while a near-monopoly on sales left no incentive to maintain quality standards.
That gave rise to an oft-repeated joke about the litany of defects found in the average "Amby": the only thing in the car that doesn't make a sound is its horn.
Market reforms from the 1980s onwards saw the Ambassador muscled off Indian roads by more modern vehicles, and production was halted entirely in 2014 after years of flatlining demand.
- 'Get with the times' -
Kolkata, the headquarters of Hindustan Motors, is the last place where the cars are seen in any great number -- a reminder of the tethers binding the city to India's past.
Grand public buildings evoke the immense riches that flowed through the city's tree-lined boulevards back when it was the second-largest city in the British Empire, after London.
Nobel laureate poet and polymath Rabindranath Tagore was born and died in Kolkata, where the national anthem he composed was sung for the first time during India's long independence struggle.
The city is also renowned for its thrumming nightlife, with crowded and dimly lit restaurants serving up chicken Kiev alongside the same suite of old-world European staples that have been listed on their menus since the late colonial era.
But its importance has shrunk dramatically since that heyday, first with the relocation of India's capital to Delhi in 1911 and then with Mumbai's ascension as the country's most important commercial hub.
Many of Kolkata's younger generations have left in search of better opportunities elsewhere, giving it a median age at least six years older than other big Indian cities, according to census data.
The city's skewed demographics prompted its pre-eminent novelist Amit Chaudhuri to once quip that while Delhi was for seeking power and Mumbai was for chasing riches, Kolkata was for visiting one's parents.
"People like me are under pressure to get with the times," retired Kolkata schoolteacher Utpal Basu, 75, told AFP.
"Old cars go, new ones come," he added. "But it will break my heart when the city loses another icon."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India's Manufacturing Sector Embraces AI and Machine Learning
India's Manufacturing Sector Embraces AI and Machine Learning

Arabian Post

time11 hours ago

  • Arabian Post

India's Manufacturing Sector Embraces AI and Machine Learning

The manufacturing landscape in India is undergoing a profound transformation as nearly all major players invest heavily in artificial intelligence and machine learning technologies. This shift reflects a strategic focus on boosting operational efficiency, driving business impact, and advancing sustainability goals. An extensive survey by Rockwell Automation reveals that Indian manufacturers are rapidly adopting AI and ML to remain competitive in a global marketplace increasingly dominated by digital innovation. Manufacturers across India are leveraging AI and ML to optimise production processes, reduce costs, and enhance product quality. The integration of these technologies into factory operations enables predictive maintenance, real-time monitoring, and automation of complex tasks. This leads to minimising downtime, improving yield, and accelerating time-to-market. Industrial leaders cite AI and ML as essential tools for unlocking value amid rising raw material prices and supply chain uncertainties. The adoption rates in India closely mirror global trends but stand out for the intensity of focus on sustainability. AI-driven analytics allow manufacturers to significantly cut energy consumption and waste, contributing to environmental goals aligned with international standards and India's own climate commitments. Companies are deploying smart sensors and AI algorithms to monitor emissions and optimise resource use, which is crucial as regulatory pressures tighten and consumer expectations evolve. ADVERTISEMENT Executives in India report that their investment in AI and ML technologies is yielding measurable returns. Data from the Rockwell Automation survey indicates that over 90% of respondents observe improved operational performance attributable to these digital initiatives. Furthermore, nearly three-quarters affirm that their AI-driven strategies have enhanced decision-making speed and accuracy, facilitating quicker responses to market demands and disruptions. The Indian government's push to encourage digital adoption in manufacturing, through initiatives such as 'Make in India' and the National Strategy on AI, complements corporate efforts. Policy frameworks supporting Industry 4.0 advancements, including financial incentives and infrastructure development, have accelerated the uptake of AI and ML technologies. This alignment between public policy and private sector ambition has created a fertile environment for innovation in the manufacturing ecosystem. Several sectors within Indian manufacturing stand to benefit disproportionately from AI and ML integration. Automotive, pharmaceuticals, and consumer goods producers are early adopters, capitalising on AI's ability to optimise supply chains, enhance product customisation, and improve quality control. For example, AI algorithms can predict demand patterns more accurately, enabling just-in-time inventory management that reduces excess stock and associated costs. While enthusiasm for AI and ML is high, manufacturers face challenges in implementation. Shortages of skilled personnel who can develop and maintain AI systems are common, necessitating investment in workforce training and collaboration with technology providers. Cybersecurity remains a critical concern, as increased digital connectivity opens potential vulnerabilities. Firms are therefore balancing rapid technology deployment with robust risk management strategies to safeguard intellectual property and operational integrity. The evolving role of AI and ML in manufacturing also raises questions about labour dynamics. Automation driven by these technologies has the potential to displace routine manual jobs but also creates opportunities for higher-skilled employment in areas such as data science, system maintenance, and process optimisation. Industry leaders emphasise the need for reskilling initiatives to ensure the workforce adapts to the demands of a more digitally integrated manufacturing sector. ADVERTISEMENT Investors and technology companies are taking notice of India's growing appetite for AI and ML in manufacturing. Partnerships between domestic manufacturers and global tech firms are expanding, bringing access to advanced AI platforms and expertise. Indian startups specialising in industrial AI solutions are gaining traction, offering innovative products tailored to the unique challenges of Indian factories, such as managing variable power supply and legacy equipment integration. The emphasis on sustainability powered by AI is gaining traction beyond regulatory compliance. Indian manufacturers recognise that eco-friendly operations can enhance brand value and meet the expectations of increasingly conscious consumers worldwide. Technologies that track carbon footprints, water usage, and waste generation help firms align with global environmental, social, and governance criteria, which are becoming decisive factors for international trade and investment. As AI and ML technologies mature, their influence on Indian manufacturing's competitive edge is expected to deepen. Automation of routine tasks frees human workers to focus on innovation and complex problem-solving, potentially accelerating product development cycles and enabling mass customisation. Real-time data analytics empower firms to respond nimbly to market fluctuations and supply chain disruptions, a critical advantage amid ongoing geopolitical and economic uncertainties.

A sordid tale of the Blackstone IPO and a jailed NRI private bankster!
A sordid tale of the Blackstone IPO and a jailed NRI private bankster!

Arabian Post

timea day ago

  • Arabian Post

A sordid tale of the Blackstone IPO and a jailed NRI private bankster!

Matein Khalid I have had a neurological soft corner for Wall Street's alternative asset manager stocks ever since I resisted the come hither importunings of multiple Morgan Stanley (MS) managing directors before the firm sold its private wealth division in the DIFC to Credit Suisse. Everyone of these MS honchos wanted me to subscribe to the Blackstone IPO in the summer of 2007 at $32. They assured me that the biggest institutional investors in the UAE had all subscribed to the IPO and I was even excluded from a dinner with Stephen Schwartzmann, Blacktone's founder and chairman, since I refused to give MS an order for a $50 million IPO bid. By the summer of 2007, I was convinced that the world was headed into a traumatic global recession and even published an article in English which would have saved my fellow Dubai investors billions of dollars had they bothered to read it for free in the Khaleej Times as far back as January 2007. This article accurately predicted the global financial meltdown a year before it happened and is uploaded above. ADVERTISEMENT Naturally, these Morgan Stanley private bankers despite their fancy titles of MD, Imperial Wizards, King of Kings and Chief Concubine were clueless about the nuances of the global capital markets. I have learnt the hard way that the private banking and wealth business in the Middle East is really the blind leading the blind to the slaughterhouse, invariably with high octane leverage and absurdly high fees for the privileges of helping you gut your financial net-worth in the capital markets they barely understand. I sealed my unpopularity with Morgan Stanely's pinstriped bureaucrats in Dubai when I wrote successive articles, listing myriad reasons why I wanted to short both Morgan Stanley and Blackstone at 32. History or a cursory look at your smartphone will record that MS almost failed in the post Lehman Wall Street panic and the Blackstone IPO plunged from 32 to 4. To compound the insult that Dubai's top NRI investors faced as they haemorrhaged money on the advice of the MS clowns, the top Indian broker on the MS bench (Manoj Prasad) was jailed for fraud, money laundering and trying to bribe a CBI officer in India. So much for Wall Street/Swiss due diligence/ethics when it comes time to fleece the leveraged NRI lambs in the Gulf. My readers know I wrote successive columns in the UAE/British media recommending investors buy Blackstone (BX) shares at 10-12 when the distribution yield was 9%. I even recommended in writing to the chairman of the royal investment office where I was CIO not to allocate $25 million to Abraaj Capital for a board seat that meant squat at 3.5X book value when he could invest in Blackstone at $10 a share, way below book value. That $25 million went to money heaven when Abraaj failed in 2018 after Arif Naqvi's criminal fraud. Blackstone shares I recommended rose from $10 in 2010 to as high as $200. So that $25 million in Abraaj's eternal money heaven would be valued at $500 million if my poor chairman who had never heard of Steve Schwarzman but Magu, our Group CFO, a Karachi accountant, was dazzled by the intellectual brilliance of Arif Naqvi, the Gulf media's financier of the millennium. Moral of the story? If you think Wharton is expensive, try ignorance! Blackstone is now the planet's biggest alt asset manager with $1.2 trillion AUM and is valued at $167 billion on the NYSE. I am a nervous long at $136 since I believe the US private credit market will be gutted in a recession that is now inevitable in Q3, the reason why I went long up the wazoo on TLT at 84 as I expect JayPo to capitulate on rate cuts at the September FOMC. I want to exit my BX long via a covered call strategy before July 4th, our Independence Day. I am pretty sure I will be able to buy BX below 100 when the macro wolf finally swallows Grandma Goldilocks. We saw this movie before in the autumn of 2008 ADVERTISEMENT Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

India's AI Surge Propels ChatGPT to New Heights
India's AI Surge Propels ChatGPT to New Heights

Arabian Post

timea day ago

  • Arabian Post

India's AI Surge Propels ChatGPT to New Heights

India has emerged as the largest user base for ChatGPT, accounting for 13.5% of global monthly active users, surpassing the United States at 8.9% and Indonesia at 5.7%, according to the latest AI Trends Report by Mary Meeker. This milestone underscores India's rapid adoption of AI technologies and its growing prominence in the global AI landscape. OpenAI CEO Sam Altman has acknowledged this trend, stating that 'India is outpacing the world' in AI engagement. He highlighted the country's enthusiasm and creativity in leveraging AI tools like ChatGPT for various applications, including education and professional development. A recent survey revealed that 60% of Indian professionals are utilizing generative AI tools such as ChatGPT and Microsoft Copilot. However, only 31% feel adequately prepared by their organizations to use these tools effectively, indicating a need for clearer policies and structured training programs to fully harness AI's potential. ADVERTISEMENT The educational sector in India has also seen significant integration of ChatGPT. Studies indicate that students and educators are increasingly adopting AI tools to enhance learning and teaching methodologies. While these technologies offer remarkable opportunities for educational innovation, they also bring forth challenges related to academic integrity and ethical use. Despite the surge in AI adoption, Altman previously expressed skepticism about India's ability to develop AI models comparable to ChatGPT, citing resource constraints. Nonetheless, the country's growing engagement with AI tools suggests a strong potential for innovation and development in this field.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store