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Forbes on India

November 9th, 2006 · No Comments

Forbes writes:

Indias new status as a high-tech powerhouse is creating headaches that could soon cause India to look a lot more like any prosperous Western country wrestling with complacency, obesity and all the other ailments of the well-to-do. That doesnt mean Americans can kick back and chill. But as the monetary costs of doing business internationally level out, new opportunities for clever capitalists will appear.

When I returned to the U.S., a Silicon Valley friend glumly asked if I too was convinced that American businesses would soon be hollow shells, mere marketing fronts for legions of harder working Indian engineering enterprises.

Not quite, I said.

On the one hand, there is plenty of evidence of the energy and smarts of the Indian workforce.

Tags: Emerging Markets

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