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Fri, 14 Sep 2007 13:32:44 +0200 As we rally on the road to the future, there come turning points where ground realities change, where gears need to be shifted, and where a new set of rules come into play. We, in India, are there right now. We are the fastest growing free market democracy and are proud of it. Yet, even [...]
Sat, 08 Sep 2007 17:29:56 +0200 In India, celebrations and challenges go hand-in-hand. A 9 plus per cent growth throws up the challenge of achieving inclusive growth which means bringing 700 mn people into this economic mainstream over the next 10 years. A young nation implies providing skills training to 300 million young people. A scorching pace of economic development also [...]
Sat, 08 Sep 2007 17:29:39 +0200 An old nation vs. a new world. As a cautious and stubborn people face change at lightening speed, the long-debated question of India’s paradoxical mesh of the modern and traditional is, if anything, only broadening. Technology continues to break down the walls of caution and conservatism. Several million new phone connections per month are connecting [...]
Sat, 08 Sep 2007 17:29:21 +0200 To say a country of over a billion people, 25 official languages and regional diversity that is akin to separate nations is complex would be an understatement. Also home to a federal system, multiple political parties and an aggressively alert media, India’s vibrant noisy democracy comes together in a medley of sound. While India’s diversity [...]
Sat, 08 Sep 2007 17:29:04 +0200 There is new comfort with globalisation. The threat of looming ‘external’ competition has dissipated and the ghost of the Chinese wave hurtling through our industry no longer strikes the fear it did 10 year ago.
The private sector is getting comfortable centre-stage, following 16 years of liberalisation. Growth is now led by the private sector operating [...]
Sat, 08 Sep 2007 17:28:41 +0200 In India, we recognize the challenges. But we are feeling good and know we can make it happen. We believe growth will rise to over 10 percent and be sustained. This is the new confident India.
India has also displaced US as the second-most favoured destination for foreign direct investment (FDI) in the world after China [...]
Sat, 08 Sep 2007 17:28:18 +0200 A rising wave of consumerism has taken India by storm. It’s raining malls in metros and small towns alike and the consumers are keeping pace. Over 9 percent GDP growth, booming service and manufacturing sectors and incredible levels of investment have given way to rising purchasing power. Driven by a 500 million strong consumer segment [...]
Sat, 08 Sep 2007 17:27:55 +0200 India is looking for responsible partners, those that are in for the long haul.
The government is focussed on infrastructure development to provide a strong backbone to the economy. The infrastructure sector has the potential to absorb $150 billion of FDI over the next five years.
Enthusiastic public-private partnerships has emerged in all areas of infrastructure development, [...]
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