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India:
A Dominant Player
I think the core competency of India is in services and
I believe there is a huge run left for the next generation
services companies from India. Because of the raw investment
that the likes of Infosys and Wipros have made in creating
a huge pool of talent, India has an edge. According to me
the next generation services are those which require vertical
domain expertise, like expertise in areas of health care,
insurance, banking, telecom, etc. Companies which have a
sharp focus and have domain knowledge of these areas will
do extremely well.
I think that India should dominate and focus on very few
areas of its strength. Like Taiwan has dominated the PC
industry. Every PC in the world has something manufactured
in Taiwan. Similarly, India could become a very dominant
player in three sectors, namely - telecom, genetic engineering
and micro-electronics. In telecom networking solutions India
is already going ahead in a big way. India has the right
skills for data-warehousing and data-mining in a big way.
Lastly, micro-electronics - I am talking of things like
video compression, video streaming, etc. These have a great
future and Indians can, with their programming skills become
dominant in these sectors.
(Prakash Bhelero in an exclusive interview)
Second Inning...
The Indo-American community has been recognized for its
professional and financial success in this country. We want
to build on that success and make our later life equally
rewarding, comfortable and noteworthy. As tall as this order
might seem, I invite you to accept the challenge.
It's natural to be anxious about life in retirement. It
brings uncertainties. New questions. Perhaps more so for
Indo-Americans who have to balance their dual cultural background
and ambitions.
What will I do after I retire? Where would I like to live?
What life style will suit me? How much will it cost? Can
I afford it? How can I remain healthy? How do I protect
my assets? What will the Government programs do for me in
my senior years? What will I do when I am alone? How are
my peers dealing with such questions?Surveys have shown
that many people believe that life is at its very best between
the ages of 60 and 75 or so, when you are still healthy,
have knowledge about yourself and the world, and are resourceful.
Perhaps more important, you are now relatively free of the
responsibilities of raising the family, and can pursue your
own true passion...
( Ashok Sapre speaks in one seminar)
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