India Needs to Think Big

I wrote an article for the India section of The Wall Street Journal website. Here it is.

The verdict is in. A new United Progressive Alliance government is expected to take charge of India next month. With it comes the promise of a change for the better. The new government has the opportunity – and the challenge – to outline a bold vision for India, a vision that fires up the imagination of its people and the vitality of its entrepreneurs.

The new government has to credibly signal its commitment to addressing the major challenges facing India and enlist the support of the private sector in creating innovations for achieving goals that are big, visionary and bold. In the past, whenever allowed the freedom to do so, the Indian corporate sector has risen to the occasion and helped India’s development. It is time once again for the Indian government to present corporate India with a set of truly transformational challenges.

Here is a small set of inter-related broad areas where change is urgently needed and which, with proper government support, Indian entrepreneurs and corporations will eagerly participate in.

India has a limited window of opportunity for getting its policies right so it can participate successfully in a globally very competitive world. It missed many previous opportunities but cannot afford to miss this one. The time has come for government and corporate India to come together to Think Big and drive the disruptive innovations that India so urgently needs to move rapidly up the development ladder.

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