Monday 13 December 2010

India story at risk

An interesting interview of Deepak Parekh: India story at risk
This is the other side of the India story.. compare that with the ease of setting up and running business in Sweden or Singapore. With so many scams happening, it will not be long when the world looks at better avenues for investment/ outsourcing. And when a guy of Deepak's stature speaks in such a way, its time people introspect and act. 

Recently I was hosting a client dinner in London, and somehow the topic of terrorism came up as it was just after the anniversary of 26/11. And the client mentioned the fact that the Unilever board was caught in the Taj.. and I responded thats what our neighbour wants -- to stop western world investing in India out of fear. And he quickly responded.. "but see we are still outsourcing our Application support to you". 

I was happy to hear that.. but I am not sure where the conversation will head, if its about the various scams. 

Its probably easier to fight an enemy from outside.. but what about this enemy within.