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Strategies & Market Trends : Asia Forum

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To: k.ramesh who wrote (1697)1/29/1998 8:37:00 AM
From: LKO  Read Replies (1) of 9980
 
You should send this kind of real life example to Manmohan Singh,
...
And try naming any non european, non american country that has built a trans national company without a wink and a nod from the government,
The Japanese zaibatsu's and the Chaebols ... you know.
...
Indians felt that getting exploited by an Indian firm was
preferable to a multinational.


Ramesh, your comments reveal the kind of thinking that government
in India promotes to justify its broken ways...or atleast did
in the past. Creating a good business climate would help
entrepeneurs in India and people of India first before it helps
investors from US like Worsewick who may complain because they
have seen something better. Also, I do
not find your analogies of tobacco subsidies comaprable as
they are political extremes and not what a normal person opening
a business in US faces (or in Japan).

In your message #1510 which I resisted commenting on earlier :-)
you also talk about "resign itself to making stuff for Pier 1
imports". That also represents a certain thinking which is
not healthy to improve quality of life of people. The key
is being best at what you do and being proud of it. Should
I be appreciate more the excellent work of a nice pillow covers
from India and carpets I bought in Pier 1 imports a few years ago
or the buggy device driver for a card that was written in India by
a bad software engineer ? Italians seem to make a good living of
making shoes (another product from India I see often in stores ).
Should they be proud of only their Lumborghini's and not the
shoes ?

There is nothing wrong with making stuff for Pier 1 imports
and whoever do it should be proud of it. I know a country
that has perfected and made money from marketing and selling
sugar, water, flavor and fizz (Coke) and a slab of meat with
bread (McDonalds) and does so proudly all over the world :-)

Take care....
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