Tuesday, November 21, 2006

The Great Indian decade --- is it?

The coming decade is being labelled as "The Great Indian Story".

This is being said because of all the good (if not great) things that the Indian economy is seeing happen. From the boom in IT, to the emergence of the Indian multiunationals and more recently the surge in the Pharma related enterprises - they have all contributed in the last decade or so to create a robust image for an emerging India and its not over yet (apparently)...There is talk (and news and blogs and more) of this is being just the begining.I wanted to get some perspective on this from other folks who might be involved in this unfloding story (willingly or otherwise)...whats the real scoop?

Is the India story primarily still (as of 2006) :

  1. based around low cost?
  2. based around abundance of labour (again low cost labor)?
  3. due to a market that has not yet been tapped (this more for the non IT businesses)

I want to get a feel for how you the netizen feel about it - especially if you are in a position to view the happenings up close and personal. Will this last? Is it just beginning?