Tuesday, May 23, 2006

CHINA, THE BUZZ WORD

Last two weeks, it's been China, everywhere I listen to. Right from my chat with peers, industry veterans to TV Channels its the China buzz everywhere. Today, I was lucky to catch up with week special program "Emerging Giants" in BBC.

The program had an interview with Rahul Bajaj, CEO, Bajaj Auto Ltd., A very valuable point from his side, is the "lack of infrastructure" in India. The BBC is supporting the same backed by its survey, which points to some of the difficulties in India, which makes it a laggard in growth rate on comparison to China are

1) Lack of Infrastructure
2) Economic instability
3) Scarcity of resources.

While people have mixed views , I strongly agree with the poor Indian infrastructure, right from Telecom, Roads and accessibility. If the problems were not addressed seriously, fueled with couple of issues on reservation, would be serious treat for the generations to follow and economy as a whole. The most funny thing is most India HQ Television Channels, never care or cover programs on similar lines

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