After releasing multiple notes regarding India, we recognized a set of assumptions and observations that coalesced into our “Dynamic India” series. EkaLore believes that, at least in the general western business press, coverage of the development of India misses the bigger picture of the opportunities and challenges. As such we are releasing pieces that look at the larger strategic picture of India’s rapidly growing and developing economy.
India has a domestic economy where the population dynamics, demographics, and resultant market space dynamics hold enormous promises. India’s Internet user population already exceeds USA and EU levels. eCommerce, telecommunications-5G, social media, and consumerism point to generations of potential prosperity.
Based on our earlier writing and analysis we came up with a few sets of assumptions that now drive our creation of articles.
Assumption 1: Goal and Objectives for India’s Global Enterprise Presence
India’s enterprises have traditionally been “born global” or domestically driven when looking at their history. Foreign direct investment has hurried the transformation of an insular market into a market of Alien Invasions, wealth disparities, and opportunities unperceived a generation ago. New brainpower technologies create the economic enterprise mechanism where capital can be formed, applied, leveraged up by investment, and provide multiple ways to move ahead.
India’s global enterprises, now and future, create a capital-powered network between expatriates, global enterprises, governments, and opportunities.
Assumption 2: Competition and Priorities for India’s Assets and Investments
EkaLore’s assumptions are that Indian society and culture have begun reaching for a shared set of national goals and objectives subject to a competition for the resources and priorities to move society forward.
The competition for resources and priorities covers large society-wide actions that can only be shaped by governments (at multiple levels):
1) Changes to energy and fuel infrastructure will compete, and contribute, to Indian efforts Challenges: Global Warming/Climate Change, Green Technologies (environmental sustainability)
2) The development of education is a multigenerational effort to generate the capacity and capabilities of brainpower-based enterprises Challenges: Education, job training, human development, access (human potential)
3) Development of product and service economies competitive in domestic and global marketspaces Challenges: Infrastructure and talent management to obtain network effects benefits (critical mass of product production and service deliveries)
4) Efficiency and effectiveness in a multi-tier governmental state and state operations Challenges: Bureaucracy, accountability, rule of law, transparency (frictional costs to operate)
5) Achieving pools of capital and capital infrastructure/methods of applying capital Challenges: Capital participation in micro and macroeconomic conditions with extant government, capitalists, and financial institutions
We hope that you'll find the articles here of interest, and potentially cause for conversation.
The team at EkaLore
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