The Great Debate (India)

from The Great Debate UK:

New gateway for British business opens in Asia

Ash Verma- Ash Verma is Chairman, Gateway Business Consultants Limited and Founder of Gateway Asia. The opinions expressed are his own. -

London has long had a reputation as a city where entrepreneurs from Asia have come to seek their fortune.  From its early 19th century roots when Sake Dean Mahomed opened up Britain’s first Indian restaurant and introduced the city to shampoo, London’s Indian diaspora has now grown into one of the largest communities outside the country. The Chinese community in London, too, is Europe’s oldest and largest.

London’s entrepreneurs should therefore be among the best placed in the world to export back to massively expanding markets in India and China. However, despite these powerful diasporas, we are not as a city or country doing as well as we should as exporters to these countries.

UK exports to India did increase last year but that was only because the values of diamonds shot up as a result of the global economic downturn. Only around one percent of the UK’s total exports go to India despite the UK having a Diaspora of one million people.  In its exports to China the UK is still a long way behind countries including Australia and Germany.
Nine out of ten businesses in Britain don’t export at all.  And it is many of these companies that could find fertile markets if they looked east.  While there is no shortage of initiatives branded as helping exporters, they do not always offer the business to business hands-on help that research shows that companies want before exporting to India and China.

Nilekani: Infosys’ loss or government’s gain?

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India’s Silicon Valley is saying goodbye to Nandan Nilekani, the engineer-entrepreneur who co-founded Infosys Technologies and helped put India on the global IT map.

A statemeINDIA-PEPSICO/nt from the country’s No. 2 software exporter on Thursday said Nilekani has been invited by the prime minister to head the government agency Unique Identification Authority of India in the rank of a cabinet minister.

Pakistan in a maelstrom?

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udaybhaskar1( C. Uday Bhaskar is a New Delhi-based strategic analyst. The views expressed in the column are his own)

The Ides of March have been linked with deep political intrigue and pre-meditated violence and history notes that Caesar paid a very heavy price for not paying heed to the sage advice rendered unto him.

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