Besides Real Estate, the Hotel industry is also booming in India. I have always felt, Heritage Hotels are a very good way to preserve and restore old architecture, as well as leverage them. India already has a heritage of doing this in Rajasthan and many other places. I would like to see this tradition continued
By Jorge Freyer, Guest Author The answer to India’s growth may lie in a much tighter alliance between India and the US. These alliances will need to come from both industry and government and should be at the level of the reconstruction of Europe after the second world war. India has to do a great
By Jorge Freyer, Guest Author In Bombay I saw several signs of progress that may point towards a future India. The housing projects in Powai (Hiranandani Gardens) was well rationalized. This massive complex offers attractive housing, well laid out streets, ample parking, with dedicated green areas and local shops within walking distance. The campus is
By Jorge Freyer, Guest Author I did see changes that impressed me this time. The internal airline service is superb. Hot meals, a smiling crew, on time, new and clean planes, and a large choice of airlines. The other is the relatively few number of beggars that can be seen in Mumbai. It is as
By Jorge Freyer, Guest Author India is not operating in chaos, but has a social fiber that allows it to function in what would seem chaos to us. What would be intolerable to us is accepted in India. There are social rules, especially when it comes to couples in public places, but leave to the
By Jorge Freyer, Guest Author [SM: I received the following email from Jorge Freyer: “I am a partner with Hultquist Capital, an investment banking firm focused on high tech. I have been going to India since 1974. My wife (for 30 years) is Indian. I was born in Argentina. I just came back from India
We continue our discussion on India’s economic development, and the gaining affluence of the middle class. Harish challenges the common statements that there is high economic growth, countering that the growth only affects a very limited portion of the population. SM: So the middle class has created affluence. HH: 18% of the wealth is with
Here Harish and I begin a more philosophical discussion regarding the recent economic development of India. SM: Of course the people you are dealing with are operating in a capital market, and they get rewarded by maximizing shareholder value. The solution you need does not exist. HH: The logic that we are doing it in