By Satish Dey, Guest Author You may be thinking that it must be a joke. I, too, accepted the news appearing in Economic Times with a pinch of salt. It says the government or more precisely the ministry of Environment and Forests is contemplating to offer tax concessions as incentive for afforestation.
Last Fall, I wrote a widely read piece called Venture Capital in India, in which I pegged the Indian venture boom to be largely in Real Estate, Retail, and to an extent in Consumer Internet, not much in actual technology. Last week, Sujai Karampuri made a well researched case for technology product companies in India.
There is a wonderful article in New York Times this week, In India, The Golden Age of Television is Now. “Indian films, especially the flashy musicals and dramas of Bollywood, have grabbed plenty of attention in the West. But the country’s lesser-known television business is more than twice as big, with an estimated $3.4 billion
by Satish Dey, Guest Author India is basking in the sunshine of its robust economic growth and the inevitable consumerism it has spurred by way of higher spending and improved lifestyles for its citizens. A car — the ubiquitous status symbol delineating the rich from the poor — is expectedly much in demand. The nation’s
By Sujai Karampuri, Guest Author I insist on high tech product companies for India. No matter what we do with our IT-ITES sector, we will not scale dramatically to be able to become a true economic power. The GDP of India in 2005 is $720B of which the IT-ITES sector contributes less than 3.2% (it
It has always irritated me endlessly – the quintessential Indian lack of respect for other people’s time, better, time in general! Here is Guest Author Satish Dey’s article: Let’s Have More Watches To Make Up Lost Time. Modern life demands that man should be strapped to a time-machine. Can you imagine managing your life without
By Atanu Dey, Guest Author India’s economic growth depends critically on the development of its 700-million strong rural population living in 600,000 villages. The challenge is to manage their transition from a village-centric agricultural-based economy to a city-centric non-agricultural economy urgently.
The World Bank has prepared a special section online with useful information about India related to the World Economic Forum in Davos, underway this week. The theme of Davos this year is “The Shifting Power Equation.” We have organized our resources around the subthemes of the meeting: Economics: New drivers | Geopolitics: The Need for