Relatively speaking, businessmen from the Parsi, Brahmin, Lingayat and Punjabi khatri communities have focused more on engineering from the very beginning (Tata and Godrej, TVS and Kirloskar, Kalyani and Mahindra), while the prosperous coastal belt in Andhra Pradesh has produced leaders in construction. In the professional class, the best engineers go abroad or acquire management degrees and then go into consulting, finance, or marketing because these pay better.
What we don’t have are world-beating first-generation engineer-entrepreneurs like Lei Jun, who studied computer science before founding Xiaomi, and Wang Chuanfu, who studied metallurgy and founded BYD, the world’s largest maker of plug-in EVs. Perhaps the Indian ecosystem does not support such entrepreneurs. The question is, who is best placed to understand the needs of such an ecosystem?