With the growth in India, lots of interesting stories are emerging on the India potential. The link below is from one of the many analysts who send out such reports, a prediction of India as the most populous and the highest GDP country in the world. Please read only the first page.
Another story predicting that the Indian middle class will be the largest in the world in 2030, albeit in PPP terms : Please read only until page 7 of The New Global Middle Class.
A story that I took delight in, and have a personal stake in, is the Economist one on the Twilight of the Management Gurus. I always used the Drucker line that I am called a guru because charlatan is too difficult to pronounce / spell. It was amazing the number of Indians who went to the US to pursue a PhD in the 1970s and '80s. Many of them ended up dominating B school professorships. Then around 20 years ago, we saw the number of Indian PhD students start to fall. Now we have hardly any at top business schools so the next generation of management gurus is not going to have an over representation of Indians.
Loved this interview – to be able to see differently and how a little rudeness and disrespect can elevate a meaningless interaction to a battle of wills and add drama to an otherwise dull day.
Finally, a depressing story but hopefully you won’t see it as anti-India – we have to accept the bad with the good that people say about us (as above).
Nirmalya Kumar is Member-Group Executive Council at Tata Sons and Visiting Professor of Marketing at London Business School. His Twitter handle is @ProfKumar. This article is written in his personal capacity.
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