Indian IT Industry: The Next 8 Years

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?

What Does India’s Middle Class Want?

McKinsey says, they want a more comfortable life, and to be able to spend more on discretionary stuff.

Sridhar Vembu: Silicon Valley’s Unknown Indian

The story of Sridhar Vembu’s innovative bootstrapping. A story all entrepreneurs should understand.

Death of Indian Outsourcing

“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

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India’s Development – Not the Tata Nano

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

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India’s Real Estate Boom & Architecture

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

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McKinsey Study on the Growth of India’s Middle Class

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

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IBM Also Looks Safe

Yesterday, International Business Machines Corporation (NYSE: IBM) officially released its financial results for Q4 and the fiscal year following preannouncement on Monday. Fourth quarter revenue was $28.9 billion, up 10% y-o-y and diluted earnings were $2.80 per share, up 24%y-o-y. For the full fiscal year 2007, total revenues were $98.8 billion, up 8% and diluted

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