India’s development needs to spread well beyond Bangalore at this point, as is evident from data and arguments presented in a series of previous pieces such as Team of Twenty One, India’s Scale Concerns: Real Estate, India’s Real Estate Concerns, and India’s Real Estate Concerns Point to Second Tier Cities. Meanwhile, billions of dollars get
Real Estate in Bangalore, Mumbai, Delhi are all too expensive. The IT/ITES industry scaling needs to happen elsewhere: :: Kolkata is gradually undergoing a transformation which will have a long term impact on the city and its future growth. Earlier, Dalhousie Square (BBD Bag) gave way to Park Street, Chowringhee Road and Camac Street, as
Bangalore’s real estate situation is concerning. Mumbai was already super expensive, and never considered a location for large IT/ITES operations. :: Mumbai’s commercial real estate market has appreciated considerably over the last one year. Rents in South Mumbai (CBD) for Prime and Grade A office space are up by 73% while capital values are up
Apologies to my readers for not writing for a week. In India at the moment for the annual visit. As usual, taking stock, scouting opportunities, and assessing progress … Today is a Bandh (strike) in Kolkata, in protest of the Tata Motors small car factory in Singur. Besides the fact that this small car is
Dave Chen forwarded me a link to an article in the McKinsey Quarterly called: Ensuring India’s Offshoring Future. Below are the synopsis points of the article, which I think is worth a read: * India’s lead in offshoring stems from its pool of well-trained, low-cost engineers for IT services. * That pool is smaller than