29 Dec
2005
29 Dec
'05
3:34 p.m.
On Thursday 29 December 2005 13:56, JTD wrote:
We simply did not have the financial and other infrastructure
necessary to go global. Indian companies also did not have an
incentive to go global given the fat margins and lack of competition
in the local market.
Oh yeah. I remember Narayan Murty telling in an interview how difficult
was it then for Indian companies to go global. Heck! He said it took
them 2 years to get a telephone connection and around the same time to
get computers imported into India! :|
--
Dinesh A. Joshi