A Quote by Steven Rattner
To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share.
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In India, we have the global services HQ, R&D centres, global network operating centres, global manufacturing, and product management - India is not just a market but a country we use for extended NSN.
Make in India! By this, we mean we want to give low cost manufacturing, ease of business, skilled manpower. India is a land of huge possibilities & scope.
I was in Bangalore, India, the Silicon Valley of India, when I realized that the world was flat.
India does not need to become anything else. India must become only India. This is a country that once upon a time was called 'the golden bird'. We have fallen from where we were before. But now we have the chance to rise again. If you see the details of the last five or ten centuries, you will see that India and China have grown at similar paces. Their contributions to global GDP have risen in parallel, and fallen in parallel. Today's era once again belongs to Asia. India and China are both growing rapidly, together. That is why India needs to remain India.
In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace.
India's prosperity is sectioned by geography, such as in Bangalore, where the information technology industry is prominent. Because they have a conduit out of India, competing in the world by the Internet, it's not regulated in corrupt ways, and it is very prosperous.
The 2005 Test tour to India was special, as I captained and we won at Bangalore, and it was a great tour for us, and even winning against India at Lahore in 2004 was a memorable day for me.
India does not have a problem of people grabbing share from a fixed pie. India is one of the few nations where the pie is getting bigger.
There are lots of India-related business which is nourished overseas. I mean India-related business that is done off-shore. There are lot of funds that are invested in India and run by Indians but are being operated from outside, mainly because of the taxation laws.
Tokyo 2020 was an Olympic Games of many firsts for India. The success of Team India at the Olympics is a reflection of how New India desires and aspires to dominate the world... even in sports.
I like the concept of 'Make in India'. But the orientation of 'Make in India' is slightly different than what I would. So, the orientation of Make in India is big business, and a lot of it is defence. My orientation of 'Make in India' would be small and medium businesses.
The ratio of boys to girls is bad in three big countries in Asia: China, Vietnam, and India. It's worst in the north of India, where there's horrendous poverty. The number of girls in many of these places is so low that it has social consequences. You get young men without jobs and without women, and this leads to chaos and political danger. But the south of India is very different.
In the U.S., a lot of small manufacturers are pretty good. I don't see any reason why India won't make the same progress in manufacturing as it did in services.
'Make in India' is great, but 'Make It Happen in India' is even greater. Make It Happen in India is more than manufacturing. It's about training, about education, about societal development and automation and engineering.
India does not need to become anything else. India must become only India. This is a country that once upon a time was called the golden bird.
I am very passionate about mentoring, training and channelising the youth energy of India because I believe the youth of India is extremely creative and if we can channelise their energies in the right direction, we can make India a global leader in the creative and innovative areas.
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