Sunday, November 12, 2006

India and Globalization

On behalf of the Council on Foreign Relations, Manjeet N. Kripalani lead a teleconference discussion on Globalization and India. Before joining the Council, Ms. Kripalani was the India bureau chief for BusinessWeek.

Her talk and comments were insightful. She described India as an ancient culture but a young country and said that India's philosophy now is -"Quest for the best at the least"
Eg: 2 Cents/Minute mobile call by Bharti Enterprises, A car for 2000$ by Tata Motors

There is a lot that India needs to learn from China. India's structure is inside out and not outside in. Improvements are happening inside the country (private sector).Outside structure – improvements in infrastructure changes and FDI investment needs to increase.


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