Monday, December 25, 2006

India - Enjoying the Lottery !

9% growth is going to be tough for India to handle. Only the private sector growth based on foreign investment and foreign customers is booming.

What will happen to basic infrastructure to survive, is a big question mark?
Roads, Water, Electricity, Security, Law and Order, Quality of Primary Education and Higher Education and other basic sectors has reached its sustainable limits.

Is it that India has consumed what-ever it has grown in last 50 years?
Much is said about the numbers in balance sheet and statistics. But who is qualifying the QUALITY of the line items?

There are few companies that boast of abnormal % of growth p.a. But is the growth, due to India's ability to generate growth or India's ability to meet foreign demand?

Till when will the demand last? Thereafter does the India, have the potential to innovate, create demand, survive and lead?

Many have said that, this is a NON-ISSUE for the moment. Yes, so growth is momentary for another 5 years. It looks like a Lottery !
A temporary celebration.....

To survive beyond, there is a need for a vision for independent growth not dependent on demand from west. The self-sustainable model needs to be defined and DEFINED NOW !