A Quote by Arjuna Mahendran
Indian manufacturing is constrained in its growth by the fact that it just can't ship goods in and out fast enough to compete with Chinese delivery time. India needs to really focus on this aspect if it is going to grow at anything above 7 percent.
Related Quotes
India is scared of the competition... because Chinese goods will go into India and compete.
Our focus was directed at developing the best possible and easiest to use product, and this is where we invested our time. Realize that you won't be able to bring the same focus to everything in the beginning. There won't be enough people or enough hours in the day. So, focus on the 20 percent that makes 80 percent of the difference.
When I think back to 2005, the fast growth markets - what we call the fast growth markets - were probably ten percent of our business. They are now 31 percent.
We must educate and train our children to compete and succeed in the 21st century. Our kids are not going to grow up to compete with children in Alabama or Mississippi. They're going to grow up to compete with kids in India, and China, all over the world; children who are learning to compete and succeed in the 21st century themselves.
The Indian context is unique. The market is very large, and I believe there is enough room for many players to innovate on different parts of the transportation business. That said, if somebody just brings an American concept to India, it'll only go so far. You have to build for the Indian needs and dynamics.
Finally, I have to say that the most surprising aspect has been the speed at which the folks in India adapt to Western practices. They learn fast, really, really fast.
Markets do not run better when manufacturing shifts to China largely because of the actions of its government. Nor do they become more efficient when Chinese companies are given special privileges in global markets, while American companies must struggle to compete with unfairly traded goods.
Ninety-nine percent is in the delivery. If you have the right voice and the right delivery, you're cocky enough, and you pound down on the punch line, you can say anything and make people laugh maybe three times before they realize you're not telling jokes.
For food service industry and retail, I'm for the minimum wage being increased to at least $12. Not for manufacturing. Software and robotics are going to revolutionize manufacturing in the next 10 years. In the meantime, we have to compete with overseas manufacturing.
I was just a normal teenager, going out with my friends, enjoying my time. I didn't really believe in anything, I didn't fast or pray.
If India has to achieve exponential growth, it would have to be on the back of strong growth in the manufacturing sector.
There's no growth. If China has a GDP of 7 percent, it's like a national catastrophe. We're down at 1 percent. And that's, like, no growth. And we're going lower, in my opinion. And a lot of it has to do with the fact that our taxes are so high, just about the highest in the world. And I'm bringing them down to one of the lower in the world.
We want to invite the world to Make in India, make India as the base for manufacturing electronic goods.
I just love the fact that all my pals are basically looked after. You know, we have these amazing deals, these guys split 50 percent. We have ownership 50 percent, all the bonuses 50 percent, and everybody's going to be alright. So going forward into the future, every one of these Millarworld projects, as we call them, 50 percent partners on everything. So it's just a really happy environment to be working in.
A lot of the state-sponsored growth in India was just too fast. You went from cradle to Nirvana in a short period of time.
When I write, I don't really focus on duets or anything like that, or whether I'm going to feature this or that rapper. I just focus on just making a great song and figure out the rest later.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist