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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (10108)	12/19/1999 2:02:00 PM
From: Mohan Marette	Respond to of 12475

cybercrores@india.net India has just discovered gold dust in the alleys of the Net and it is mighty excited about it. But it may not be thrills all the way. MOST of them will fail. Most will see their dreams remain just that dreams. Most will have to one day come to terms with the fact that their ideas weren't good enough, their execution not swift enough, that somewhere along the way they took their eyes off the ball, that their destinies diverged quietly at some point from what they were supposed to be. No matter. They will still remain the rollicking flag-bearers of a revolution that has already put India at the forefront of an epochal tidal wave transforming global business, economies, nations, life. A tidal wave of individual entrepreneurship and innovation, a tsunami of ideas. The Internet business. Ask Ashok Jain, 42, who recently quit as ceo of Cadbury Schweppes after 19 years of impeccable corporate climbing, to get into the Net business. Ask 35-year-old Subroto Bannerjee, who quit a job, stock options and 'lots of money' at Microsoft to e-venture out. Ask T.S. Rajesh, 28, whose Gray Cell (www.graycell.com), set up in his parents' garage in 1996 with a borrowed computer, is today a world leader in technology that allows people to access the Web through mobile phones. Ask your 12-year-old daughter. She'll tell you all about it. (To see the article go here ->> outlookindia.com ) ........... Kejriwal, 29, of contests2win.com, still remembers the day he faced financial mayhem in his family's hosiery manufacturing business: four hi-tech Siemens machines imported at a cost of Rs 50 lakh, had ground to a halt. Siemens India's office was unfamiliar with the equipment. So Kejriwal got on the Net (he had just got a connection in office) and hit the Siemens website. 'In three clicks of the mouse, I had reached the right man. Eight hours later, I got a reply from him that I should replace a particular washer in one of the machines.' The washer cost Kejriwal Rs 8. The machines started running again. 'I thought, man, the Net is god!' he recalls. 'It was like being reborn.' ......He mentions Mukesh Chatter, a TiE member, who sold his company, Nexabit, for $1 billion to Lucent Technologies before it made a single cent of profit. .....Of the 12 countries that Intel invests in globally, India is in the top six and growing real fast.' In the one year that Intel began venture funding in India, it has closed six deals, typically in the range of $5 million. Some of the eCom/dot.com ventures mentioned in the article. Cybersteering cybersteering.com Hungama hungama.com eGurucool egurucool.com Contest2win contests2win.com Fabmart fabmart.com HomeIndia homeindia.com Sawaal sawaal.com