This article is about how a mediocre short-sighted business & economy model is aped from the West, adopted by India Inc and how it is affecting India’s Socio-Economic fabric. West has already seen it all and reached the high point of saturation and point of no return, and the consequences of which are: Sub-Prime Crisis, Global Meltdown & Recession, Toxic Debts in Multi-Trillion Dollars. Clearly & surely, a meltdown (mess-up would be a better word) of this enormity could not have happened in a short span of a couple of years. India as a country is rocking with a revised 6.1% growth projected for 2009, right behind China’s 6.5%, especially considering the current gloomy, depressed and flat business & economic climate. India Inc has come a long way during the last two decades of our liberated economy and How! We have literally converted the sleeping towns of Suburban India into knowledge-worker powerhouses, with the opening up of ITES, BPO & Call Centre shops all over....
Change the Lens, Change the Story !