Nandan M. Nilekani, Infosys CEO, on India & China
Posted : August 3, 2005 at 3:29 pm [America/Los_Angeles]
Q: Things are happening much faster in China, where they build infrastructure so rapidly.
There’s no way that will happen in India. It’s too chaotic and argumentative. But what’s going to happen is these 200 planes will be ordered, they won’t land. They’ll be circling. Everybody will get [very angry]. Finally, there will be such public outcry that the airports will get built. It’s a different model. But it’s a model.
In India, we have a 6% growth rate. That’s going to happen. The question is how to we take it to 8% or 9%. The right things are better infrastructure, common economic market, reducing hurdles to business.
The real question is: Will the government stuff happen to take it from 6% to 9%? You need that because you have 10 million people coming to the workforce every year. If you don’t grow fast enough, you will have social forces that stalemate everything. That’s the worry.
More here: BusinessWeek: India - An Agent of Change
- Anand
Category: Chindia