Here’s the latest Forbes Column: The Smartest Unknown Indian Entrepreneur. What is touching, is that the entrepreneur profiled here is also infinitely humble, embarrassed by this sort of attention from the media. In my private exchange with him, I have expressed my deepest respect, and the reason I want to feature this story repeatedly is
Forbes has some scary statistics on the salary hike rate in India. The 2007 rate is 15.1%, up from 14.4% the previous year. 2008 forecast: 15.2%. This is the fifth consecutive year of salary growth above 10%. Good lord! Is Death of Indian Outsourcing all that far out?
McKinsey says, they want a more comfortable life, and to be able to spend more on discretionary stuff.
The story of Sridhar Vembu’s innovative bootstrapping. A story all entrepreneurs should understand.
“Are you kidding? No way!” In 2008, the IT and IT enabled services (ITES/BPO) industries are supposed to be the major drivers of India’s economic growth. According to Nasscom, the two industries combined will employ 4 million people and account for 7% of GDP and 33% of foreign exchange inflow. The death of this industry
Many of you have been ranting on my previous Tata Nano post about equal opportunity. I will go on record and synthesize my point of view here: I have no problem if people own cars and don’t drive them. Rich or poor. If the car is a status symbol that they need to show off
And this one, since we have been talking about Government intervention and its pros and cons … city planning, including the aesthetics and architectural vision of a city, are the government’s responsibility. In all the emerging markets, a real-estate boom is raging. Nowhere is this boom more pronounced than in India and China. You have
Republishing this piece to remind readers why urban congestion is a danger that the Tata Nano aggravates: Great article from McKinsey Quarterly, that offers the following projections: * Over the next 20 years, India will likely grow to become the world’s fifth-largest consumer economy, up from 12th now. * A study by the McKinsey Global