Lord John Prescott, who was the country's deputy Prime Minister between 1997 and 2007, is well known here by his nickname "Two Jags" in reference to his proud ownership of two iconic Jaguars from the British luxury brand's stable.
In his regular 'Sunday Mirror' column, he uses his Jaguars as indicative of the hidden success of the "Indian Way" of management exemplified by Tata Motors' takeover of operations of Jaguar Land Rover (JLR).
"Well, everyone knows I'm a Jag man and I observed the decline of Jaguar/Land Rover companies under British and American management. The bosses blamed the workers and trade unions for the decline before selling lock, stock and barrel to the Indian company Tata in 2008," he elaborates.
"Three years later, Tata has doubled production to 4,25,000 cars, doubled profits to 842 million pounds, reversed the closure of plants and is about to build a new engine plant in the West Midlands. All with the same British labour force and unions that were criticised by the previous managers," he adds.
"Satya didn't hold a press conference to tell everyone how great he was. He held discussions with his employees about the Indian Way. It is meant to give companies a 'broader social purpose'," he said.
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