About three weeks ago, Ruchir Sharma was in our Mumbai office to chat about his latest book Breakout Nations with our editorial team. Ruchir has quite an envious job. He heads emerging market equities at Morgan Stanley, based in New York. And that allows him to spend a week every month in a developing country somewhere in the world.
(This story appears in the 08 June, 2012 issue of Forbes India. To visit our Archives, click here.)
IT can not and should not be the main stream source that drives a nations economy as one of the respondent here mentions. Agriculuture and manufacturing are two areas which should govern the growth. IT is just an enabler of actions.
on May 25, 2012Indian economy had a spurt of growth for the last decade driven by booming IT sector. With all the low hanging fruit picked, IT business will grow slower. It needs innovation, which can only fostered by an economy where trust is in abundance. India severely lacks it!! There is absolutely no chance for 'trust' in the economy flourishing with the present political leadership.
on May 25, 2012