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Sunday, January 29, 2006
Following the keen focus planned on India , Manjeet Kripalini finds Indian top ministers and policymakers making many lucrative contacts among the foriegn power brokers on hand at the global economic conference – the high and mighty skipped annual jazz dinner at WEF to attend Indian cocktail. India has been helping itself quite effectively at Davos this year as can be seen by overflowing India sessions – late nights to early breakfast meets et all. Ministers acted like salesmen, high level bureaucrats wined and dined with global business leaders, Japanese big investors actively wooed for infrastructure investments. India actively talked about the 10 paradigm shifts taking place simultaneously in India – besides outsourcing, the country is now focusing on becoming a manufacturing base, largest middle class in the world, largest english speaking population on earth, the youngest nation with fortunate future demographics, all very attractive for global business. Indian industrialist have provided a matching visibility & support for attracting investments. India now needs an action bias – groundswell of interest can dissipate if nor converted into stretchable filed level pops – India is generally seen as slow in execution and in finalizing policy level decisions – delays in decisions related to airport modernization, all need to be stamped out with firm determination. Delhi Metro, Konkan rail lines – all have shown that India can deliver – obviously we need hundred of such new cases to report year after year. As Klaus Schwabdescribes, India needs to make further improvements in four important areas.
Category :India |
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