Aug 05 2008
Investment grade India and the reality on the ground
Via SiliconIndia, a good piece of news for a country and corporate sector reeling under power cuts, too many sloppy and sinister politicians, a decrepit intelligence and counter terrorism system, a general sense of lawlessness on the streets and physical infrastructure which is still best described as ‘crumbling’. Apparently for CEOs India continues to be the second best investment bet after China.
However, I continue to believe that there is a mistaken notion is that as long as Manufacturing and Services and such continue to grow India does not have to worry and that it is poised to keep the halo and global branding it has acquired and retained especially in the 21st century. However, I do believe that unless India invests in its human capital and in the quality of life which affects people at an everyday level, India will lose its competitive edge to countries which are able to attract and retain the best talent that India has to offer.
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