New Delhi, India (PRWEB) March 16, 2006
President Bush's' planned trip to India was a landmark in U.S. policy reversal. Bush ushered India into the worlds' nuclear club Thursday (March 2nd) with an agreement to share nuclear reactors, fuel and expertise for its acceptance of international safeguards.
India which is the now the number two growth economy in the world has no oil or natural energy resources to fuel it's fast growing economy and population. Unlike some other nuclear hungry countries that may be hostile to western nations, India has agreed to full disclosure and inspections of it's total nuclear program.
President Bush was met with demonstrations by many of the usual anti-anti group suspects to perform their perfunctory protestations. This was the big main-stream news. Outside of the nuclear agreement and protests, nothing is mentioned regarding India's phenomenal growth over the past two years and it's potential for dominating the IT development and services markets on a global scale. India's goal, though understated, is to dominate the IT markets not just by Indian based outsourcing, but actually re-locating around the globe.
As a related aspect of the Indian economy, there is an underlying entrepreneurial revolution that is taking place from the ground up---rather than the top down in Indian society. Even in the most remote regions of India's rural provinces, technical innovation and the rise of Alvin Tofflers' (Future Shock and Third Wave) "Prosumer" spurs economic activity. Remote regions----starved for energy, combined local resource low-tech with 21st century high-tech to create an amazing new confluence.
The evidence of this rise of entrepreneurship in rural India is crystallized in the work of Dr. Vibha Gupta, Director of Women in Technology Center in Wardha in Maharashtra, India. An interesting interview with Dr.Gupta can be found at: http://www.wealthjet.net/WhoIsVibhaGupta.htm
This is actually dual story of Indian enterprise, because it focuses first on the micro level of Indian progress---then links to a related corporate strategy and business outlook on the macro level. http://www.wealthjet.net/WhoIsVibhaGupta.htm