Indian Heroes : Indian Entrepreneurs/BIOGRAPHIES
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- Start date
bonddonraj
Par 100 posts (V.I.P)
these are -------------------------------------- future CEO 2007
bonddonraj
Par 100 posts (V.I.P)
FDI will continue to be encouraged and actively sought, particularly in the areas of infrastructure, high technology and exports."
P. Chidambaram
Finance Minister
Government of India
"The Indian middle class is easier to target because people understand English and have a western orientation...in China, it's a longer slog"
Rory Cowan
President, Lionbridge Technologies
in Business 2.0 (July 2004)
"Not only are there brilliant engineers here [in India], I've been seeing that the entrepreneurial spirit of the businesses is second to none." Mike S. Zafirovski
President and Chief Operating Officer
Motorola Inc.
"Toyota Motor has chosen to source from India due to its competitive cost of manufacture, availability of abundant engineering talent, and strong indigenous machine tool."
Akio Toyoda
Senior Managing Director
Toyota Motors
"America cannot ignore the fact that the centre of gravity is moving eastwards to Asia, away from Europe and North America, and India will be the motor force in globalisation"
Frank G Wisner
Former US Ambassador to India and Vice President
American International Group External Affairs
"Service providers business is most strategic for Cisco. India is amongst the fastest growing markets today and it is a strategic market for Cisco. Cisco is putting in place a dedicated team focused on the business and it is also strengthening its headcount [in India]."
Andrew Murray
Asia Pacific Vice President
Cisco
"The research & development work carried out in India is of world-class standards and is now attracting German biotech companies who are keen on setting up joint ventures (JVs) and R&D facilities."
H Richter
German Ambassador to India
"This is a historic moment for our country, for the entire Indian private sector, and for Reliance. Reliance has become the first private sector company from India to be ranked among the world's top 500 companies, in terms of the Fortune Global 500 list. We are now ranked 189 in the world in profits. The ascent of a first generation company, Reliance, to the distinguished Fortune Global 500 club is a tribute to the vision of our founder Chairman, Dhirubhai Ambani, and to the glorious spirit of Indian enterprise and entrepreneurship."
Anil D. Ambani
Vice Chairman & Managing Director
Reliance Industries Limited
"Indian engineers are comparable to the best in the world, including the US and Europe, and we will use this strength to leverage our position in the world market.'
Mr. Phillippe Joubert
Executive Vice President
Alstom
With increased macro-economic stability and increased forex reserves, the Indian investment climate is clearly improving...for Denmark, India ranks among the top destinations for investment."
Anders Holbech Jespersen
Advisor, Confederation of Danish Industries
In an interview on June 30th 2004
" Equity and efficiency are complimentary, not contradictory, and we must move forward on both these while maintaining a high degree of fiscal and financial discipline, and a robust external economic profile".
Indian Prime Minister Manmohan Singh's first address to the nation
"It's the speed - how quickly people are moving. It's their passion and ambition. Execution is something other countries can learn from India." Christian Seiwald
CEO
Sandoz GmbH
"It makes sense for pharma companies to look to India...Indian scientists are well trained...India has more pharmaceutical facilities approved by the U.S. Food & Drug Administration (USFDA) than any foreign country."
Business Week Magazine
"India is one of the largest generics markets in the world today [in volumes]. We expect this market to have a significant growth potential. That makes it very attractive."
Christian Seiwald
CEO
Sandoz GmbH
"My government's endeavour would be to create such an atmosphere in the country that ...the talent in the country should work to prove that we are unparalleled in the world. We have the third largest reservoir of Science and Technology talent in the world and [this] would be utilised to ensure that 21st century belongs to India."
Dr. Manmohan Singh
Prime Minister of India
"India, first of all, came to the game with some just natural advantages: one, English-speaking population; two, real emphasis on education. You also had a country that is very instinctively able to glocalize, take the best of the global world and meld it with their own culture."
Tom Friedman
Columnist
The New York Times
"India is an institutionalised democracy of long standing. Democratic changes in government should be seen as a sign of strength. We expect the reform process to continue although the emphasis may change."
Sanjeev Sanyal
Director & Senior Economist, Global Markets Research
Deutsche Bank, Asia
"India's reforms are not just an economic issue. The country is forging a proudly democratic model of economic reforms. It is the kind of model that many developing countries, despairing that they do not have the dictatorship of China to force through difficult reforms, can hope to emulate."
Bruce Gilley
The Wall Street Journal
"Asia should not be painted with one brush; India has separated itself from the pack; it is not unduly dependent on external demand, and it has an increasingly powerful IT-enabled, services-led growth dynamic."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"Everybody says China has 8% growth and India only 3%, but that is a total misconception. We don't really know. I think India's progress is far more impressive than China's."
Peter Drucker
"We have made significant investment in expanding our presence in India and will continue to do so. We greatly value the Indian capability and...have charted out an aggressive growth plan in India"
Mr. Edward Barnholt
Chairman, President & CEO
Agilent Technologies
"In our view, economic restructuring and low interest rates are raising India's potential growth rate. Structurally, we believe it is more attractive than China."
Eddie Wong
Equity Analyst (Asia Pacific)
ABN Amro Bank
"India is not just about IT or business process outsourcing. We see it as an incubator for giant global corporations driven by IT strategy."
Prof Warren McFarlan
Senior Associate Dean
Harvard Business School
"Here's a country that will show massive growth. We believe India will continue to have growing importance in the world economy, and we are working with clients to raise capital and create strategies that will allow them to participate in this growth."
Sean Wallace
Co-head of Investment Banking
JP Morgan,Asia Pacific
"The people I have met in India are very good. They have a global perspective. Though these are still early days, I have been struck by the quality of Indian management. It is very high by any standard. I wont bet against India becoming one of the top five economies of the world by 2050."
Alec Jones
Global Leadership Team
PriceWaterhouse Coopers
"Japan, Australia and China are also expanding markets but India is of special significance. India is outbound volume growing; it is a large English-speaking country and above all, we have good historic relations with India. So it's an Ireland-friendly market."
Mr. Philip McDonagh
Irish Ambassador to India
In an interview with the Times of India
"India has greater access to the international knowledge base. First we noticed Indian individuals, but now we notice Indian companies as well...Indians have managed to build some very good institutions for themselves, which are going to help them in future."
Charles Morrison
President
East West Center
"There is a huge market waiting to be tapped in India's components business and we intend to grow the business significantly over the next couple of years"
Hans-Michael Huber
MD & CEO
DaimlerChrysler India
"We recognise the greatest strength of India is not just the number of people, not its ability to put them into seats - it's the skill level that exists here."
Joseph M Sigelman
Co-Chief Executive
OfficeTiger
"I see a big change in corporate India. Indian companies which earlier enjoyed protected markets, have adapted well to the opening up of the economy. India is a classic example. I am impressed by how well Indian companies have moved from a management style rooted in a protected environment to a management style which is exploiting global competitiveness."
Klaus Schwab, Chairman
World Economic Forum
On his recent visit to India
"The economic dominance of the US is already over. What is emerging is a world economy. India is becoming a powerhouse very fast."
Peter Drucker
Management Guru
In Fortune
"The World Travel and Tourism Council report says that over the next 10 years, India's travel and tourism industry is expected to achieve annualised real growth of 7.9% to bring in $ 28.4 billion in 2013. By then the travel and tourism economy overall is expected to hit an annual $68.3 billion."
Far Eastern Economic Review (January 22nd, 2004)
"By 2020, 47% of Indians will be between 15 and 59, compared with 35% now. The working-age populations of the U.S. and China are projected to shrink. So India is destined to have the world's largest population of workers and consumers. That's a big reason why Goldman, Sachs & Co. (GS ) thinks India will be able to sustain 7.5% annual growth after 2005."
Business Week Magazine (Cover Story, December 8, 2003)
"As a nation you have great DNA. This advantage will have a multiplier effect on the economy when second generation policy reforms present businesses and consumers with the right incentives. There is so much pent-up dynamism at the micro level of India's economy that entrepreneurs and workers will amplify the benefits of these reforms."
Robert Blackwill
Former US Ambassador to India
"India is one of the fastest growing telecom markets in the world and is of immense importance to us. We also continue to look at opportunities to outsource research & development work from India"
Bert Nordberg
President (Business Unit Systems)
Ericsson
"When you talk about China, they (Americans) say it is a huge market with 1.3 billion population whereas India's image is as a good software producer. They don't know that India has one billion population and growing middle class consumers"
Harris N Miller
President
Information Technology Association of America
"India has natural and multiple advantages over countries like China or other Asian or Latin American countries that are emerging as outsourcing hub. In the recent past, Indian Inc has been able to establish its brand in the international market. Its extraordinary quality of human resource and domain knowledge clearly puts them in an advantageous position."
Bruce Chizen
President & CEO
Adobe Systems Inc, USA
"India's success rate vis-a -vis Britain's in the entrepreneurial scenario is a lot higher. I'm going to go back and work towards this"
HRH Prince Charles during his recent visit to India
"This market (India) is critical to our plans for building a Ford Motor Co. for the 21st century."
Bill Ford
Chairman and CEO
Ford Motor Company
"Through the wisdom of its government leaders and the entrepreneurship of its private sector, India has risen to become a major force in the global economy."
Mr John Chambers
President and CEO
Cisco Systems Inc
"We are very bullish on our growth prospects in India."
Charles Prince
CEO
Citigroup
"India, which is known for its globally recognised IT resources, can contribute substantially towards the success of our future projects."
Shaikh Ahmed bin Ateyatallah al Khalifa
Minister of State for Cabinet Affairs
Bahrain
"I put India on the top priority market among emerging markets."
Yuanquing Yang
Chairman
Lenovo
"...India (is), the most promising and dynamic economies of the world. In this day and age of globalisation, ...Scandinavian corporate leaders feel that, more than ever, it is of utmost importance to get to know industrial and political leaders in a country of India's stature."
Marcus Wallenberg
Chairman of the Board
SEB
On a recent visit to India along with a CEOs delegation of top Swedish companies
"Australian retailers are increasingly diversifying their buying of apparel and garments from China to India."
Sarat Chandran
Director
Indo-Australian Chamber of Commerce
"India has just opened up and so offers a good potential for volume growth."
K Y Lee
Chairman and CEO
BenQ
P. Chidambaram
Finance Minister
Government of India
"The Indian middle class is easier to target because people understand English and have a western orientation...in China, it's a longer slog"
Rory Cowan
President, Lionbridge Technologies
in Business 2.0 (July 2004)
"Not only are there brilliant engineers here [in India], I've been seeing that the entrepreneurial spirit of the businesses is second to none." Mike S. Zafirovski
President and Chief Operating Officer
Motorola Inc.
"Toyota Motor has chosen to source from India due to its competitive cost of manufacture, availability of abundant engineering talent, and strong indigenous machine tool."
Akio Toyoda
Senior Managing Director
Toyota Motors
"America cannot ignore the fact that the centre of gravity is moving eastwards to Asia, away from Europe and North America, and India will be the motor force in globalisation"
Frank G Wisner
Former US Ambassador to India and Vice President
American International Group External Affairs
"Service providers business is most strategic for Cisco. India is amongst the fastest growing markets today and it is a strategic market for Cisco. Cisco is putting in place a dedicated team focused on the business and it is also strengthening its headcount [in India]."
Andrew Murray
Asia Pacific Vice President
Cisco
"The research & development work carried out in India is of world-class standards and is now attracting German biotech companies who are keen on setting up joint ventures (JVs) and R&D facilities."
H Richter
German Ambassador to India
"This is a historic moment for our country, for the entire Indian private sector, and for Reliance. Reliance has become the first private sector company from India to be ranked among the world's top 500 companies, in terms of the Fortune Global 500 list. We are now ranked 189 in the world in profits. The ascent of a first generation company, Reliance, to the distinguished Fortune Global 500 club is a tribute to the vision of our founder Chairman, Dhirubhai Ambani, and to the glorious spirit of Indian enterprise and entrepreneurship."
Anil D. Ambani
Vice Chairman & Managing Director
Reliance Industries Limited
"Indian engineers are comparable to the best in the world, including the US and Europe, and we will use this strength to leverage our position in the world market.'
Mr. Phillippe Joubert
Executive Vice President
Alstom
With increased macro-economic stability and increased forex reserves, the Indian investment climate is clearly improving...for Denmark, India ranks among the top destinations for investment."
Anders Holbech Jespersen
Advisor, Confederation of Danish Industries
In an interview on June 30th 2004
" Equity and efficiency are complimentary, not contradictory, and we must move forward on both these while maintaining a high degree of fiscal and financial discipline, and a robust external economic profile".
Indian Prime Minister Manmohan Singh's first address to the nation
"It's the speed - how quickly people are moving. It's their passion and ambition. Execution is something other countries can learn from India." Christian Seiwald
CEO
Sandoz GmbH
"It makes sense for pharma companies to look to India...Indian scientists are well trained...India has more pharmaceutical facilities approved by the U.S. Food & Drug Administration (USFDA) than any foreign country."
Business Week Magazine
"India is one of the largest generics markets in the world today [in volumes]. We expect this market to have a significant growth potential. That makes it very attractive."
Christian Seiwald
CEO
Sandoz GmbH
"My government's endeavour would be to create such an atmosphere in the country that ...the talent in the country should work to prove that we are unparalleled in the world. We have the third largest reservoir of Science and Technology talent in the world and [this] would be utilised to ensure that 21st century belongs to India."
Dr. Manmohan Singh
Prime Minister of India
"India, first of all, came to the game with some just natural advantages: one, English-speaking population; two, real emphasis on education. You also had a country that is very instinctively able to glocalize, take the best of the global world and meld it with their own culture."
Tom Friedman
Columnist
The New York Times
"India is an institutionalised democracy of long standing. Democratic changes in government should be seen as a sign of strength. We expect the reform process to continue although the emphasis may change."
Sanjeev Sanyal
Director & Senior Economist, Global Markets Research
Deutsche Bank, Asia
"India's reforms are not just an economic issue. The country is forging a proudly democratic model of economic reforms. It is the kind of model that many developing countries, despairing that they do not have the dictatorship of China to force through difficult reforms, can hope to emulate."
Bruce Gilley
The Wall Street Journal
"Asia should not be painted with one brush; India has separated itself from the pack; it is not unduly dependent on external demand, and it has an increasingly powerful IT-enabled, services-led growth dynamic."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"Everybody says China has 8% growth and India only 3%, but that is a total misconception. We don't really know. I think India's progress is far more impressive than China's."
Peter Drucker
"We have made significant investment in expanding our presence in India and will continue to do so. We greatly value the Indian capability and...have charted out an aggressive growth plan in India"
Mr. Edward Barnholt
Chairman, President & CEO
Agilent Technologies
"In our view, economic restructuring and low interest rates are raising India's potential growth rate. Structurally, we believe it is more attractive than China."
Eddie Wong
Equity Analyst (Asia Pacific)
ABN Amro Bank
"India is not just about IT or business process outsourcing. We see it as an incubator for giant global corporations driven by IT strategy."
Prof Warren McFarlan
Senior Associate Dean
Harvard Business School
"Here's a country that will show massive growth. We believe India will continue to have growing importance in the world economy, and we are working with clients to raise capital and create strategies that will allow them to participate in this growth."
Sean Wallace
Co-head of Investment Banking
JP Morgan,Asia Pacific
"The people I have met in India are very good. They have a global perspective. Though these are still early days, I have been struck by the quality of Indian management. It is very high by any standard. I wont bet against India becoming one of the top five economies of the world by 2050."
Alec Jones
Global Leadership Team
PriceWaterhouse Coopers
"Japan, Australia and China are also expanding markets but India is of special significance. India is outbound volume growing; it is a large English-speaking country and above all, we have good historic relations with India. So it's an Ireland-friendly market."
Mr. Philip McDonagh
Irish Ambassador to India
In an interview with the Times of India
"India has greater access to the international knowledge base. First we noticed Indian individuals, but now we notice Indian companies as well...Indians have managed to build some very good institutions for themselves, which are going to help them in future."
Charles Morrison
President
East West Center
"There is a huge market waiting to be tapped in India's components business and we intend to grow the business significantly over the next couple of years"
Hans-Michael Huber
MD & CEO
DaimlerChrysler India
"We recognise the greatest strength of India is not just the number of people, not its ability to put them into seats - it's the skill level that exists here."
Joseph M Sigelman
Co-Chief Executive
OfficeTiger
"I see a big change in corporate India. Indian companies which earlier enjoyed protected markets, have adapted well to the opening up of the economy. India is a classic example. I am impressed by how well Indian companies have moved from a management style rooted in a protected environment to a management style which is exploiting global competitiveness."
Klaus Schwab, Chairman
World Economic Forum
On his recent visit to India
"The economic dominance of the US is already over. What is emerging is a world economy. India is becoming a powerhouse very fast."
Peter Drucker
Management Guru
In Fortune
"The World Travel and Tourism Council report says that over the next 10 years, India's travel and tourism industry is expected to achieve annualised real growth of 7.9% to bring in $ 28.4 billion in 2013. By then the travel and tourism economy overall is expected to hit an annual $68.3 billion."
Far Eastern Economic Review (January 22nd, 2004)
"By 2020, 47% of Indians will be between 15 and 59, compared with 35% now. The working-age populations of the U.S. and China are projected to shrink. So India is destined to have the world's largest population of workers and consumers. That's a big reason why Goldman, Sachs & Co. (GS ) thinks India will be able to sustain 7.5% annual growth after 2005."
Business Week Magazine (Cover Story, December 8, 2003)
"As a nation you have great DNA. This advantage will have a multiplier effect on the economy when second generation policy reforms present businesses and consumers with the right incentives. There is so much pent-up dynamism at the micro level of India's economy that entrepreneurs and workers will amplify the benefits of these reforms."
Robert Blackwill
Former US Ambassador to India
"India is one of the fastest growing telecom markets in the world and is of immense importance to us. We also continue to look at opportunities to outsource research & development work from India"
Bert Nordberg
President (Business Unit Systems)
Ericsson
"When you talk about China, they (Americans) say it is a huge market with 1.3 billion population whereas India's image is as a good software producer. They don't know that India has one billion population and growing middle class consumers"
Harris N Miller
President
Information Technology Association of America
"India has natural and multiple advantages over countries like China or other Asian or Latin American countries that are emerging as outsourcing hub. In the recent past, Indian Inc has been able to establish its brand in the international market. Its extraordinary quality of human resource and domain knowledge clearly puts them in an advantageous position."
Bruce Chizen
President & CEO
Adobe Systems Inc, USA
"India's success rate vis-a -vis Britain's in the entrepreneurial scenario is a lot higher. I'm going to go back and work towards this"
HRH Prince Charles during his recent visit to India
"This market (India) is critical to our plans for building a Ford Motor Co. for the 21st century."
Bill Ford
Chairman and CEO
Ford Motor Company
"Through the wisdom of its government leaders and the entrepreneurship of its private sector, India has risen to become a major force in the global economy."
Mr John Chambers
President and CEO
Cisco Systems Inc
"We are very bullish on our growth prospects in India."
Charles Prince
CEO
Citigroup
"India, which is known for its globally recognised IT resources, can contribute substantially towards the success of our future projects."
Shaikh Ahmed bin Ateyatallah al Khalifa
Minister of State for Cabinet Affairs
Bahrain
"I put India on the top priority market among emerging markets."
Yuanquing Yang
Chairman
Lenovo
"...India (is), the most promising and dynamic economies of the world. In this day and age of globalisation, ...Scandinavian corporate leaders feel that, more than ever, it is of utmost importance to get to know industrial and political leaders in a country of India's stature."
Marcus Wallenberg
Chairman of the Board
SEB
On a recent visit to India along with a CEOs delegation of top Swedish companies
"Australian retailers are increasingly diversifying their buying of apparel and garments from China to India."
Sarat Chandran
Director
Indo-Australian Chamber of Commerce
"India has just opened up and so offers a good potential for volume growth."
K Y Lee
Chairman and CEO
BenQ
bonddonraj
Par 100 posts (V.I.P)
With markets so exciting here, one may ask why invest abroad.
Richard C. Wastcoat
Managing Director
Fidelity Investments International, UK
This (Indian telecom sector) is growing phenomenally and I do not see an end to it.
Mats Granryd
Managing Director
Ericsson India
One of the fastest growing economies in the world, India is an excellent country for any company to be in.
Kensaku Konishi
President and Chief Executive Officer
Canon India
We want to grow in a big way in India.
Ditlev Engel
VP-sales
President and CEO
Vestas Wind Systems A/S
India's booming economy, new premium Vista platform, its IT industry - all this is good news for channels and therefore for us, too.
Bernherd Gleissner
VP-sales
EMEA & India, Nvidia
Because of the dynamism of the (Indian) economy, there is a very optimistic view of the direction of the country.
Lee Howell, World Economic Forum
With India being the fastest-growing mobile market in the world, providing a rich set of online services for mobile subscribers is more important than ever.
Steve Ballmer
CEO, Microsoft
India is a hub of technology innovation and talent, thus it is critical that we continue to expand our portfolio companies' presence in the region.
Terry Garnett
Managing Director, Garnett & Helfrich Capital
"Our stake in IDFC underlines our interest in the fast growing infrastructure sector in India and allows us to participate through an investment in the largest infrastructure finance company in India."
Robert Morrice
Chairman & CEO of Barclays Asia-Pacific
India's rapid growth rates and its "large pool of educated and skilled English- speaking workers" make it an attractive partner.
Sajjad Karim
UK Member of the European Parliament
The state (Tamil Nadu) offers an exceptional work force and unique strategic-investment zone.
Paul-Henri Ferrand
Vice President
(South Asia)
Dell
India is now truly a land of opportunity.
John Redwood
Economic Competitiveness Policy Group, UK
"If you put one dollar in the US, you may get two dollars in three years. But if you put the same dollar in India, there is a high chance of getting three dollars."
Wayne W Tosu
Managing Director
Carlyle Group
"The market is being opened from a great country."
Nasdaq CEO
Bob Greifield after Infosys remotely rang the opening bell for Nasdaq on July 31, 2006
"In terms of emphasis on private sector growth, the growth achieved by India is very impressive."
Yasheng Huang
Associate Professor
MIT Sloan School of Management
"You must give an accolade to the Indian Government, and just how hard they are trying. Their ministers are both present, visible and accessible, particularly Kamal Nath, which is quite unusual."
Sir David Wright
Vice Chairman
Barclays Capital
referring to WEF events at Davos and Tokyo
"There is much interest in the UK from Indian firms."
Anuj Chandem
International business partner
Grant Thornton
"India is an important market for us"
Dr Dieter Zetsche
Chairman,
DaimlerChrysler AG and Head of the Mercedes Car Group
"The fact that India is a moving market and we have a large fleet there, makes sense that there should be a servicing centre there."
Gustav Humbert
CEO
Airbus
"The Indian market has two core advantages - an increasing presence of multinationals and an upswing in the IT exports."
Travyn Rhall,
Managing Director, (customised research services)
Asia-Pacific
ACNielsen
"On a longer-term, we are positive on India. We will keep our overweight position in India."
Grant Yun Cheng
Senior Portfolio Manager
Allianz Global Investors
"We are very bullish on the Indian market. We already have relationships with a variety of companies in the areas of aviation-related software development and back office."
James McNerney
Chairman, President & CEO
The Boeing Company
"Like people study political science, culture, public health, economics, law and medicine, students in Harvard will now study India as a subject."
Lawrence Summers
President
Harvard University
"India is an important growth destination and the group is keeping a long-term view in sight."
Michel Tilman
Chairman
ING Group
"Our (India and US) relations ship has never been better. We will work together. There is no limit to what we can achieve."
George W Bush
President
United States
'India's no-nonsense budget deserves top marks.'
Andy Mukherjee
Columnist
Bloomberg
"Indian players are becoming very competitive players in Europe as well."
Bernd Schuler
Partner
3i Germany
"We will be investing one of our biggest amounts in the Indian market this year and a part of the investment will be used for developing new products and technologies."
Stefano Pelle
MD
Perfetti Van Melle
"India's unprecedented economic growth over the past decade makes it an attractive prospect for companies seeking new markets for their products and services..."
Bertie Ahern
Prime Minister
Ireland
"India has top engineers and it also produces a large number of engineers every year."
Uri Ben-Ari
Executive VP (Marketing)
Ness Technologies
"India has evolved into one of the world's leading technology centres."
Craig Barrett
Chairman
Intel Corporation
"India has a fantastic pool of software professionals. The world needs to benefit from this."
Bill Gates
Microsoft Chairman
"India is one of our biggest markets in the whole world."
Tony Wright
CEO
Lowe Worldwide
"This market (India) is critical to our plans for building a Ford Motor Co. for the 21st century."
Bill Ford
Chairman and CEO
Ford Motor Company
"Through the wisdom of its government leaders and the entrepreneurship of its private sector, India has risen to become a major force in the global economy."
Mr John Chambers
President and CEO
Cisco Systems Inc
"We are very bullish on our growth prospects in India."
Charles Prince
CEO
Citigroup
"India, which is known for its globally recognised IT resources, can contribute substantially towards the success of our future projects."
Shaikh Ahmed bin Ateyatallah al Khalifa
Minister of State for Cabinet Affairs
Bahrain
"I put India on the top priority market among emerging markets."
Yuanquing Yang
Chairman
Lenovo
"...India (is), the most promising and dynamic economies of the world. In this day and age of globalisation, ...Scandinavian corporate leaders feel that, more than ever, it is of utmost importance to get to know industrial and political leaders in a country of India's stature."
Marcus Wallenberg
Chairman of the Board
SEB
On a recent visit to India along with a CEOs delegation of top Swedish companies
"Australian retailers are increasingly diversifying their buying of apparel and garments from China to India."
Sarat Chandran
Director
Indo-Australian Chamber of Commerce
"India has just opened up and so offers a good potential for volume growth."
K Y Lee
Chairman and CEO
BenQ
"Socially and economically, India is developing at a galloping pace when compared to the rest of the world."
Mr Sarang Panchal
Executive Director
ACNielsen South Asia
"Indian companies are using UK as a door to other European countries and are also using it as a base to provide services in the US and South Africa."
Mark Dolan
Deputy Director
Inward Investment
"We came into India wanting to make it a hub for all the products that we are producing there including the supplier base. I'm pleased with the progress."
Mr Leif Johansson
President and CEO
AB Volvo
"This is a watershed year in US-India relations. We have been talking, and working, about a strategic partnership. Now is the time to make it happen."
Christina Rocca
US Assistant Secretary of State
"India has become a key market for many information communication technology products made in the US, while the US is an important consumer of Indian IT-enabled services."
US State Department
during the launch of the India-US CEO's Forum
"India on its way to becoming IT, manufacturing kingdom of the world."
Mr Yasukuni Enoki
Japanese Ambassador to India
"The demand which we are observing in India is one of the highest growth rates in the world today."
Dinesh Keskar
VP Sales
Boeing Corporation
"Indian markets are gaining depth by the day, more instruments, more shorting possibilities."
Christoph Avenarius
Senior analyst
Credit Suisse Alternative Investments
"The dynamism shown by India in the last 15 years is phenomenal."
Paul Wolfowitz
President
World Bank
"India as a country is in a mode of capital consumption. Investors will now start looking for proxies that will reflect the India growth story."
K Ramakrishnan
CEO
Spark Capital Advisors
"We have been bullish on India for a long time."
Donald Peck,
Managing partner
Actis
"Never were our relations ever more exciting."
Tony Blair,
Prime Minister of Britain,
on India-UK relations
"We are delighted and impressed with the growth we have been able to achieve in this country. India is a key node in Accenture's global delivery network."
Mr Karl-Heinz Floether
Group Chief Executive (Technology and Delivery)
Accenture
"India is a rising economic influence of power in the international system. It's a great multiethnic democracy."
Condoleezza Rice
US Secretary of State
"...this is the right time to invest in India and we will be bold on the market here."
Jeffrey Immelt
CEO and Chairman
GE Worldwide
"Today, there is a greater willingness internationally to work with India and to build relationships of mutual benefit."
Dr. Manmohan Singh
Prime Minister of India
"India could emerge as a global KPO hub as the business requires specialised knowledge in respective verticals and the country's engineering and technical institutes are geared to address the manpower demand."
CII Study
India in the new knowledge economy
"India's economy will expand by 8%, even faster than the 6.9% seen in 2004."
Institute of International Finance
"Disney's presence in India today is well poised for growth."
Andy Bird
President, Walt Disney International
“There is huge amount of optimism about India...the country is well positioned to accelerate from its present 6.5% growth to around 8% in the near future."
Montek Singh Ahluwalia
Deputy Chairman
Planning Commission of India
"India is an important growth area for us. When most of the developing countries are seeing single-digit growth ... some of the Asian countries including India are showing double-digit growth."
Lawrence A Weinbach
Chairman
Unisys Corporation
"The joint marketing efforts will help us to combine Singapore as a urban destination, along with India's varied attractions like the Taj, the desert, mountains, and beaches."
Lim Neo Chian
Dy Chairman and Chief Executive
Singapore Tourism Board
"I believe India could be the fastest growing economy in the world one day. It would be foolish for Virgin not to embrace India."
Sir Richard Branson
Chairman
Virgin Atlantic Airways
"There is keen awareness of the need to continue to strengthen India’s fiscal position, open the economy more fully to the world and remove the remaining domestic constraints on growth."
Rodrigo de Rato
Managing Director
IMF
"Indian companies are well run. Return on equity in India is higher than in countries such as the US, China and Japan."
Mr Alan Jacobs
Senior International Economist and Strategist
AMP Capital, Australia
"India is growing fast and everyone seems to want a piece of the action."
Martin Graham
Director of Market Services
London Stock Exchange
"The Indian banking system is now perhaps better than any other in Asia."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"We believe that India is at an inflexion point and will likely migrate to a 7% growth trend in this decade."
Chetan Ahya
Analyst
Morgan Stanley Dean Witter
“India can be a quality manufacturing base for the world. At present we plan to invest US $68-$91 million in India for servicing our clients in the automotive market."
Angad Paul
Chief Executive Officer
Caparo Group
"India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period."
Dominic Wilson
Senior Global Economist and Vice President
Goldman Sachs
"We are globalising and liberalizing. In the last decade the share of trade has doubled from 17 to 32 per cent and India has become a natural hub of globalisation."
Rahul Bajaj
Chairman and MD
Bajaj Auto
“To compete with India, China will have to consolidate its highly fragmented industry to gain the size and expertise needed to capture large international projects.”
McKinsey
"India is the only country in the Asia-Pacific region expected to see an increase in net lending this year, as investment demand and external trade activity remain strong."
Institute of International Finance
"[RatanTata's] $ 14.3 bn family conglomerate is a picture of what was and is India Inc."
Forbes
"Many people view India only as a place to cut costs through offshore outsourcing... we see India as an emerging market for our advanced software platforms."
Peter Armstrong
President
Triple Point Technology
"The Indian domestic IT market will be the fastest-growing market in the Asia/Pacific region, predicted to grow at 21.7 in 2005 over 2004."
International Data Corporation (IDC)
"India will continue to be an exciting investment destination for FIIs... The big driver for the markets will be a sustained growth in the economy of around 7 per cent."
Hemendra Kothari
Chairman
DSP Merrill Lynch
"Higher level of acquisitions is a reflection of the business confidence. Acquisitions are likely to rise next year. A big component would be Indian companies acquiring companies overseas."
Ravi Menon
Director and Co-head for Investment Banking
HSBC Securities
"The revenue growth from India is the fastest among all the markets we are present in."
Lex Kloosterman
CEO (private clients/new growth markets)
ABN Amro Bank NV
"India Inc is emerging bigger, faster and stronger. India is also fast becoming the world’s knowledge centre and back office. I believe India will continue to outshine others for some time to come."
Vishesh Chandiok
International Practice Partner
Grant Thornton, India
"India is now being seen as a country that can both benefit and help because of its growing relations with the Southeast Asian neighbours and partners".
Sunil Kant Munjal
President
Confederation of Indian Industry (CII)
"There is a broad recognition of the enormous benefits flowing from greater integration between India and ASEAN.... The India-ASEAN Car Rally...will dramatically symbolize the effort to forge new linkages, while embodying the spirit of our cooperation."
Dr. Manmohan Singh
Prime Minister of India
"In coming three years India is the third most favoured investment destination for Japanese investors. More than eighty per cent of prospective Japanese investors cited India's huge market and its growth potential as the biggest drivers for investment.”
Japan Bank for International Co-operation
“India has seen an explosion of its middle classes over the last few years with an emerging generation of highly educated young workers earning higher incomes than ever before. This has driven massive growth in domestic consumption and if you combine this with the boom in the pharmaceutical industry and government spending on infrastructure, India reveals itself as the one of the most attractive growth stories in the investment world right now.”
Arun Mehra
Head of Investment Strategy
Fidelity India
"India's ability to draw heavyweight investors like Temasek and the speed with which they are moving is a signal that the Subcontinent continues to be an attractive investment for those taking a long view and seeking to diversify their portfolios."
Far Eastern Economic Review
October 21, 2004
(“Singapore Inc. Diversifies")
“India's highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favourable than China's.”
A T Kearney
FDI index report
“Markets such as India have come of age resulting in renewed interest among the FII community.”
Andrew Holland
Chief Administrative Officer & Executive VP-Research
DSP Merrill Lynch
"The courageous reforms have led to enormous economic growth in India.With a growth rate of over eight percent, India ranks at the top even in this very difficult period globally."
Gerhard Schroeder
Chancellor
Germany
"The Indian system is a refreshing example of a transparent IPO market but it is also a rare on, especially in the insider-friendly Asian markets."
Francesco Guerrera
Asia Financial Correspondent
Financial Times
"Your economic reforms favouring freer markets, development of infrastructure. . . prudent spending and commitment to education will further India's position in the global leadership."
John A Thain
Chief Executive Officer
New York Stock Exchange
"We [will] work towards a target of at least 200 million telephones by 2007, if not 250 million, which would require 120 million lines in the next three years, translating into telecom equipment requirement of Rs 100, 000 crores - Rs 125,000 crores."
Dayanidhi Maran
IT and Communications Minister
Government of India
"We want to bring to the world various facets of this extraordinary country, its people and progress"
Chris Cramer
International Managing Director
CNN
Richard C. Wastcoat
Managing Director
Fidelity Investments International, UK
This (Indian telecom sector) is growing phenomenally and I do not see an end to it.
Mats Granryd
Managing Director
Ericsson India
One of the fastest growing economies in the world, India is an excellent country for any company to be in.
Kensaku Konishi
President and Chief Executive Officer
Canon India
We want to grow in a big way in India.
Ditlev Engel
VP-sales
President and CEO
Vestas Wind Systems A/S
India's booming economy, new premium Vista platform, its IT industry - all this is good news for channels and therefore for us, too.
Bernherd Gleissner
VP-sales
EMEA & India, Nvidia
Because of the dynamism of the (Indian) economy, there is a very optimistic view of the direction of the country.
Lee Howell, World Economic Forum
With India being the fastest-growing mobile market in the world, providing a rich set of online services for mobile subscribers is more important than ever.
Steve Ballmer
CEO, Microsoft
India is a hub of technology innovation and talent, thus it is critical that we continue to expand our portfolio companies' presence in the region.
Terry Garnett
Managing Director, Garnett & Helfrich Capital
"Our stake in IDFC underlines our interest in the fast growing infrastructure sector in India and allows us to participate through an investment in the largest infrastructure finance company in India."
Robert Morrice
Chairman & CEO of Barclays Asia-Pacific
India's rapid growth rates and its "large pool of educated and skilled English- speaking workers" make it an attractive partner.
Sajjad Karim
UK Member of the European Parliament
The state (Tamil Nadu) offers an exceptional work force and unique strategic-investment zone.
Paul-Henri Ferrand
Vice President
(South Asia)
Dell
India is now truly a land of opportunity.
John Redwood
Economic Competitiveness Policy Group, UK
"If you put one dollar in the US, you may get two dollars in three years. But if you put the same dollar in India, there is a high chance of getting three dollars."
Wayne W Tosu
Managing Director
Carlyle Group
"The market is being opened from a great country."
Nasdaq CEO
Bob Greifield after Infosys remotely rang the opening bell for Nasdaq on July 31, 2006
"In terms of emphasis on private sector growth, the growth achieved by India is very impressive."
Yasheng Huang
Associate Professor
MIT Sloan School of Management
"You must give an accolade to the Indian Government, and just how hard they are trying. Their ministers are both present, visible and accessible, particularly Kamal Nath, which is quite unusual."
Sir David Wright
Vice Chairman
Barclays Capital
referring to WEF events at Davos and Tokyo
"There is much interest in the UK from Indian firms."
Anuj Chandem
International business partner
Grant Thornton
"India is an important market for us"
Dr Dieter Zetsche
Chairman,
DaimlerChrysler AG and Head of the Mercedes Car Group
"The fact that India is a moving market and we have a large fleet there, makes sense that there should be a servicing centre there."
Gustav Humbert
CEO
Airbus
"The Indian market has two core advantages - an increasing presence of multinationals and an upswing in the IT exports."
Travyn Rhall,
Managing Director, (customised research services)
Asia-Pacific
ACNielsen
"On a longer-term, we are positive on India. We will keep our overweight position in India."
Grant Yun Cheng
Senior Portfolio Manager
Allianz Global Investors
"We are very bullish on the Indian market. We already have relationships with a variety of companies in the areas of aviation-related software development and back office."
James McNerney
Chairman, President & CEO
The Boeing Company
"Like people study political science, culture, public health, economics, law and medicine, students in Harvard will now study India as a subject."
Lawrence Summers
President
Harvard University
"India is an important growth destination and the group is keeping a long-term view in sight."
Michel Tilman
Chairman
ING Group
"Our (India and US) relations ship has never been better. We will work together. There is no limit to what we can achieve."
George W Bush
President
United States
'India's no-nonsense budget deserves top marks.'
Andy Mukherjee
Columnist
Bloomberg
"Indian players are becoming very competitive players in Europe as well."
Bernd Schuler
Partner
3i Germany
"We will be investing one of our biggest amounts in the Indian market this year and a part of the investment will be used for developing new products and technologies."
Stefano Pelle
MD
Perfetti Van Melle
"India's unprecedented economic growth over the past decade makes it an attractive prospect for companies seeking new markets for their products and services..."
Bertie Ahern
Prime Minister
Ireland
"India has top engineers and it also produces a large number of engineers every year."
Uri Ben-Ari
Executive VP (Marketing)
Ness Technologies
"India has evolved into one of the world's leading technology centres."
Craig Barrett
Chairman
Intel Corporation
"India has a fantastic pool of software professionals. The world needs to benefit from this."
Bill Gates
Microsoft Chairman
"India is one of our biggest markets in the whole world."
Tony Wright
CEO
Lowe Worldwide
"This market (India) is critical to our plans for building a Ford Motor Co. for the 21st century."
Bill Ford
Chairman and CEO
Ford Motor Company
"Through the wisdom of its government leaders and the entrepreneurship of its private sector, India has risen to become a major force in the global economy."
Mr John Chambers
President and CEO
Cisco Systems Inc
"We are very bullish on our growth prospects in India."
Charles Prince
CEO
Citigroup
"India, which is known for its globally recognised IT resources, can contribute substantially towards the success of our future projects."
Shaikh Ahmed bin Ateyatallah al Khalifa
Minister of State for Cabinet Affairs
Bahrain
"I put India on the top priority market among emerging markets."
Yuanquing Yang
Chairman
Lenovo
"...India (is), the most promising and dynamic economies of the world. In this day and age of globalisation, ...Scandinavian corporate leaders feel that, more than ever, it is of utmost importance to get to know industrial and political leaders in a country of India's stature."
Marcus Wallenberg
Chairman of the Board
SEB
On a recent visit to India along with a CEOs delegation of top Swedish companies
"Australian retailers are increasingly diversifying their buying of apparel and garments from China to India."
Sarat Chandran
Director
Indo-Australian Chamber of Commerce
"India has just opened up and so offers a good potential for volume growth."
K Y Lee
Chairman and CEO
BenQ
"Socially and economically, India is developing at a galloping pace when compared to the rest of the world."
Mr Sarang Panchal
Executive Director
ACNielsen South Asia
"Indian companies are using UK as a door to other European countries and are also using it as a base to provide services in the US and South Africa."
Mark Dolan
Deputy Director
Inward Investment
"We came into India wanting to make it a hub for all the products that we are producing there including the supplier base. I'm pleased with the progress."
Mr Leif Johansson
President and CEO
AB Volvo
"This is a watershed year in US-India relations. We have been talking, and working, about a strategic partnership. Now is the time to make it happen."
Christina Rocca
US Assistant Secretary of State
"India has become a key market for many information communication technology products made in the US, while the US is an important consumer of Indian IT-enabled services."
US State Department
during the launch of the India-US CEO's Forum
"India on its way to becoming IT, manufacturing kingdom of the world."
Mr Yasukuni Enoki
Japanese Ambassador to India
"The demand which we are observing in India is one of the highest growth rates in the world today."
Dinesh Keskar
VP Sales
Boeing Corporation
"Indian markets are gaining depth by the day, more instruments, more shorting possibilities."
Christoph Avenarius
Senior analyst
Credit Suisse Alternative Investments
"The dynamism shown by India in the last 15 years is phenomenal."
Paul Wolfowitz
President
World Bank
"India as a country is in a mode of capital consumption. Investors will now start looking for proxies that will reflect the India growth story."
K Ramakrishnan
CEO
Spark Capital Advisors
"We have been bullish on India for a long time."
Donald Peck,
Managing partner
Actis
"Never were our relations ever more exciting."
Tony Blair,
Prime Minister of Britain,
on India-UK relations
"We are delighted and impressed with the growth we have been able to achieve in this country. India is a key node in Accenture's global delivery network."
Mr Karl-Heinz Floether
Group Chief Executive (Technology and Delivery)
Accenture
"India is a rising economic influence of power in the international system. It's a great multiethnic democracy."
Condoleezza Rice
US Secretary of State
"...this is the right time to invest in India and we will be bold on the market here."
Jeffrey Immelt
CEO and Chairman
GE Worldwide
"Today, there is a greater willingness internationally to work with India and to build relationships of mutual benefit."
Dr. Manmohan Singh
Prime Minister of India
"India could emerge as a global KPO hub as the business requires specialised knowledge in respective verticals and the country's engineering and technical institutes are geared to address the manpower demand."
CII Study
India in the new knowledge economy
"India's economy will expand by 8%, even faster than the 6.9% seen in 2004."
Institute of International Finance
"Disney's presence in India today is well poised for growth."
Andy Bird
President, Walt Disney International
“There is huge amount of optimism about India...the country is well positioned to accelerate from its present 6.5% growth to around 8% in the near future."
Montek Singh Ahluwalia
Deputy Chairman
Planning Commission of India
"India is an important growth area for us. When most of the developing countries are seeing single-digit growth ... some of the Asian countries including India are showing double-digit growth."
Lawrence A Weinbach
Chairman
Unisys Corporation
"The joint marketing efforts will help us to combine Singapore as a urban destination, along with India's varied attractions like the Taj, the desert, mountains, and beaches."
Lim Neo Chian
Dy Chairman and Chief Executive
Singapore Tourism Board
"I believe India could be the fastest growing economy in the world one day. It would be foolish for Virgin not to embrace India."
Sir Richard Branson
Chairman
Virgin Atlantic Airways
"There is keen awareness of the need to continue to strengthen India’s fiscal position, open the economy more fully to the world and remove the remaining domestic constraints on growth."
Rodrigo de Rato
Managing Director
IMF
"Indian companies are well run. Return on equity in India is higher than in countries such as the US, China and Japan."
Mr Alan Jacobs
Senior International Economist and Strategist
AMP Capital, Australia
"India is growing fast and everyone seems to want a piece of the action."
Martin Graham
Director of Market Services
London Stock Exchange
"The Indian banking system is now perhaps better than any other in Asia."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"We believe that India is at an inflexion point and will likely migrate to a 7% growth trend in this decade."
Chetan Ahya
Analyst
Morgan Stanley Dean Witter
“India can be a quality manufacturing base for the world. At present we plan to invest US $68-$91 million in India for servicing our clients in the automotive market."
Angad Paul
Chief Executive Officer
Caparo Group
"India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period."
Dominic Wilson
Senior Global Economist and Vice President
Goldman Sachs
"We are globalising and liberalizing. In the last decade the share of trade has doubled from 17 to 32 per cent and India has become a natural hub of globalisation."
Rahul Bajaj
Chairman and MD
Bajaj Auto
“To compete with India, China will have to consolidate its highly fragmented industry to gain the size and expertise needed to capture large international projects.”
McKinsey
"India is the only country in the Asia-Pacific region expected to see an increase in net lending this year, as investment demand and external trade activity remain strong."
Institute of International Finance
"[RatanTata's] $ 14.3 bn family conglomerate is a picture of what was and is India Inc."
Forbes
"Many people view India only as a place to cut costs through offshore outsourcing... we see India as an emerging market for our advanced software platforms."
Peter Armstrong
President
Triple Point Technology
"The Indian domestic IT market will be the fastest-growing market in the Asia/Pacific region, predicted to grow at 21.7 in 2005 over 2004."
International Data Corporation (IDC)
"India will continue to be an exciting investment destination for FIIs... The big driver for the markets will be a sustained growth in the economy of around 7 per cent."
Hemendra Kothari
Chairman
DSP Merrill Lynch
"Higher level of acquisitions is a reflection of the business confidence. Acquisitions are likely to rise next year. A big component would be Indian companies acquiring companies overseas."
Ravi Menon
Director and Co-head for Investment Banking
HSBC Securities
"The revenue growth from India is the fastest among all the markets we are present in."
Lex Kloosterman
CEO (private clients/new growth markets)
ABN Amro Bank NV
"India Inc is emerging bigger, faster and stronger. India is also fast becoming the world’s knowledge centre and back office. I believe India will continue to outshine others for some time to come."
Vishesh Chandiok
International Practice Partner
Grant Thornton, India
"India is now being seen as a country that can both benefit and help because of its growing relations with the Southeast Asian neighbours and partners".
Sunil Kant Munjal
President
Confederation of Indian Industry (CII)
"There is a broad recognition of the enormous benefits flowing from greater integration between India and ASEAN.... The India-ASEAN Car Rally...will dramatically symbolize the effort to forge new linkages, while embodying the spirit of our cooperation."
Dr. Manmohan Singh
Prime Minister of India
"In coming three years India is the third most favoured investment destination for Japanese investors. More than eighty per cent of prospective Japanese investors cited India's huge market and its growth potential as the biggest drivers for investment.”
Japan Bank for International Co-operation
“India has seen an explosion of its middle classes over the last few years with an emerging generation of highly educated young workers earning higher incomes than ever before. This has driven massive growth in domestic consumption and if you combine this with the boom in the pharmaceutical industry and government spending on infrastructure, India reveals itself as the one of the most attractive growth stories in the investment world right now.”
Arun Mehra
Head of Investment Strategy
Fidelity India
"India's ability to draw heavyweight investors like Temasek and the speed with which they are moving is a signal that the Subcontinent continues to be an attractive investment for those taking a long view and seeking to diversify their portfolios."
Far Eastern Economic Review
October 21, 2004
(“Singapore Inc. Diversifies")
“India's highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favourable than China's.”
A T Kearney
FDI index report
“Markets such as India have come of age resulting in renewed interest among the FII community.”
Andrew Holland
Chief Administrative Officer & Executive VP-Research
DSP Merrill Lynch
"The courageous reforms have led to enormous economic growth in India.With a growth rate of over eight percent, India ranks at the top even in this very difficult period globally."
Gerhard Schroeder
Chancellor
Germany
"The Indian system is a refreshing example of a transparent IPO market but it is also a rare on, especially in the insider-friendly Asian markets."
Francesco Guerrera
Asia Financial Correspondent
Financial Times
"Your economic reforms favouring freer markets, development of infrastructure. . . prudent spending and commitment to education will further India's position in the global leadership."
John A Thain
Chief Executive Officer
New York Stock Exchange
"We [will] work towards a target of at least 200 million telephones by 2007, if not 250 million, which would require 120 million lines in the next three years, translating into telecom equipment requirement of Rs 100, 000 crores - Rs 125,000 crores."
Dayanidhi Maran
IT and Communications Minister
Government of India
"We want to bring to the world various facets of this extraordinary country, its people and progress"
Chris Cramer
International Managing Director
CNN
bonddonraj
Par 100 posts (V.I.P)
"Socially and economically, India is developing at a galloping pace when compared to the rest of the world."
Mr Sarang Panchal
Executive Director
ACNielsen South Asia
"Indian companies are using UK as a door to other European countries and are also using it as a base to provide services in the US and South Africa."
Mark Dolan
Deputy Director
Inward Investment
"We came into India wanting to make it a hub for all the products that we are producing there including the supplier base. I'm pleased with the progress."
Mr Leif Johansson
President and CEO
AB Volvo
"This is a watershed year in US-India relations. We have been talking, and working, about a strategic partnership. Now is the time to make it happen."
Christina Rocca
US Assistant Secretary of State
"India has become a key market for many information communication technology products made in the US, while the US is an important consumer of Indian IT-enabled services."
US State Department
during the launch of the India-US CEO's Forum
"India on its way to becoming IT, manufacturing kingdom of the world."
Mr Yasukuni Enoki
Japanese Ambassador to India
"The demand which we are observing in India is one of the highest growth rates in the world today."
Dinesh Keskar
VP Sales
Boeing Corporation
"Indian markets are gaining depth by the day, more instruments, more shorting possibilities."
Christoph Avenarius
Senior analyst
Credit Suisse Alternative Investments
"The dynamism shown by India in the last 15 years is phenomenal."
Paul Wolfowitz
President
World Bank
"India as a country is in a mode of capital consumption. Investors will now start looking for proxies that will reflect the India growth story."
K Ramakrishnan
CEO
Spark Capital Advisors
"We have been bullish on India for a long time."
Donald Peck,
Managing partner
Actis
"Never were our relations ever more exciting."
Tony Blair,
Prime Minister of Britain,
on India-UK relations
"We are delighted and impressed with the growth we have been able to achieve in this country. India is a key node in Accenture's global delivery network."
Mr Karl-Heinz Floether
Group Chief Executive (Technology and Delivery)
Accenture
"India is a rising economic influence of power in the international system. It's a great multiethnic democracy."
Condoleezza Rice
US Secretary of State
"...this is the right time to invest in India and we will be bold on the market here."
Jeffrey Immelt
CEO and Chairman
GE Worldwide
"Today, there is a greater willingness internationally to work with India -- and to build relationships of mutual benefit."
Dr. Manmohan Singh
Prime Minister of India
"India could emerge as a global KPO hub as the business requires specialised knowledge in respective verticals and the country's engineering and technical institutes are geared to address the manpower demand."
CII Study
India in the new knowledge economy
"India's economy will expand by 8 per cent, even faster than the 6.9 per cent seen in 2004."
Institute of International Finance
"Disney's presence in India today is well poised for growth."
Andy Bird
President, Walt Disney International
"There is huge amount of optimism about India...the country is well positioned to accelerate from its present 6.5 per cent growth to around 8% in the near future."
Montek Singh Ahluwalia
Deputy Chairman
Planning Commission of India
"India is an important growth area for us. When most of the developing countries are seeing single-digit growth ... some of the Asian countries including India are showing double-digit growth."
Lawrence A Weinbach
Chairman
Unisys Corporation
"The joint marketing efforts will help us to combine Singapore as a urban destination, along with India's varied attractions like the Taj, the desert, mountains, and beaches."
Lim Neo Chian
Dy Chairman and Chief Executive
Singapore Tourism Board
"I believe India could be the fastest growing economy in the world one day. It would be foolish for Virgin not to embrace India."
Sir Richard Branson
Chairman
Virgin Atlantic Airways
"There is keen awareness of the need to continue to strengthen India's fiscal position, open the economy more fully to the world and remove the remaining domestic constraints on growth."
Rodrigo de Rato
Managing Director
IMF
"Indian companies are well run. Return on equity in India is higher than in countries such as the US, China and Japan."
Mr Alan Jacobs
Senior International Economist and Strategist
AMP Capital, Australia
"India is growing fast and everyone seems to want a piece of the action."
Martin Graham
Director of Market Services
London Stock Exchange
"The Indian banking system is now perhaps better than any other in Asia."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"We believe that India is at an inflexion point and will likely migrate to a 7 percent growth trend in this decade."
Chetan Ahya
Analyst
Morgan Stanley Dean Witter
"India can be a quality manufacturing base for the world. At present we plan to invest US $68-$91 million in India for servicing our clients in the automotive market."
Angad Paul
Chief Executive Officer
Caparo Group
"India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period."
Dominic Wilson
Senior Global Economist and Vice President
Goldman Sachs
"We are globalising and liberalizing. In the last decade the share of trade has doubled from 17 to 32 per cent and India has become a natural hub of globalisation."
Rahul Bajaj
Chairman and MD
Bajaj Auto
"To compete with India, China will have to consolidate its highly fragmented industry to gain the size and expertise needed to capture large international projects."
McKinsey
"India is the only country in the Asia-Pacific region expected to see an increase in net lending this year, as investment demand and external trade activity remain strong."
Institute of International Finance
"[RatanTata's] $ 14.3 bn family conglomerate is a picture of what was and is India Inc."
Forbes
"Many people view India only as a place to cut costs through offshore outsourcing... we see India as an emerging market for our advanced software platforms."
Peter Armstrong
President
Triple Point Technology
"The Indian domestic IT market will be the fastest-growing market in the Asia/Pacific region, predicted to grow at 21.7 in 2005 over 2004."
International Data Corporation (IDC)
"India will continue to be an exciting investment destination for FIIs... The big driver for the markets will be a sustained growth in the economy of around 7 per cent."
Hemendra Kothari
Chairman
DSP Merrill Lynch
"Higher level of acquisitions is a reflection of the business confidence. Acquisitions are likely to rise next year. A big component would be Indian companies acquiring companies overseas."
Ravi Menon
Director and Co-head for Investment Banking
HSBC Securities
"The revenue growth from India is the fastest among all the markets we are present in."
Lex Kloosterman
CEO (private clients/new growth markets)
ABN Amro Bank NV
"India Inc is emerging bigger, faster and stronger. India is also fast becoming the world's knowledge centre and back office. I believe India will continue to outshine others for some time to come."
Vishesh Chandiok
International Practice Partner
Grant Thornton, India
"India is now being seen as a country that can both benefit and help because of its growing relations with the Southeast Asian neighbours and partners".
Sunil Kant Munjal
President
Confederation of Indian Industry (CII)
"There is a broad recognition of the enormous benefits flowing from greater integration between India and ASEAN.... The India-ASEAN Car Rally...will dramatically symbolize the effort to forge new linkages, while embodying the spirit of our cooperation."
Dr. Manmohan Singh
Prime Minister of India
"In coming three years India is the third most favoured investment destination for Japanese investors. More than eighty per cent of prospective Japanese investors cited India's huge market and its growth potential as the biggest drivers for investment."
Japan Bank for International Co-operation
"India has seen an explosion of its middle classes over the last few years with an emerging generation of highly educated young workers earning higher incomes than ever before. This has driven massive growth in domestic consumption and if you combine this with the boom in the pharmaceutical industry and government spending on infrastructure, India reveals itself as the one of the most attractive growth stories in the investment world right now."
Arun Mehra
Head of Investment Strategy
Fidelity India
"India's ability to draw heavyweight investors like Temasek and the speed with which they are moving is a signal that the Subcontinent continues to be an attractive investment for those taking a long view and seeking to diversify their portfolios."
Far Eastern Economic Review
October 21, 2004
("Singapore Inc. Diversifies")
"India's highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favourable than China's."
A T Kearney
FDI index report
"Markets such as India have come of age resulting in renewed interest among the FII community."
Andrew Holland
Chief Administrative Officer & Executive VP-Research
DSP Merrill Lynch
"The courageous reforms have led to enormous economic growth in India.With a growth rate of over eight percent, India ranks at the top even in this very difficult period globally."
Gerhard Schroeder
Chancellor
Germany
"The Indian system is a refreshing example of a transparent IPO market but it is also a rare on, especially in the insider-friendly Asian markets."
Francesco Guerrera
Asia Financial Correspondent
Financial Times
"Your economic reforms favouring freer markets, development of infrastructure. . . prudent spending and commitment to education will further India's position in the global leadership."
John A Thain
Chief Executive Officer
New York Stock Exchange
"We [will] work towards a target of at least 200 million telephones by 2007, if not 250 million, which would require 120 million lines in the next three years, translating into telecom equipment requirement of Rs 100, 000 crores - Rs 125,000 crores."
Dayanidhi Maran
IT and Communications Minister
Government of India
"We want to bring to the world various facets of this extraordinary country, its people and progress"
Chris Cramer
International Managing Director
CNN
"FDI will continue to be encouraged and actively sought, particularly in the areas of infrastructure, high technology and exports."
P. Chidambaram
Finance Minister
Government of India
"The Indian middle class is easier to target because people understand English and have a western orientation...in China, it's a longer slog"
Rory Cowan
President, Lionbridge Technologies
in Business 2.0 (July 2004)
"Not only are there brilliant engineers here [in India], I've been seeing that the entrepreneurial spirit of the businesses is second to none."
Mike S. Zafirovski
President and Chief Operating Officer
Motorola Inc.
"Toyota Motor has chosen to source from India due to its competitive cost of manufacture, availability of abundant engineering talent, and strong indigenous machine tool."
Akio Toyoda
Senior Managing Director
Toyota Motors
"America cannot ignore the fact that the centre of gravity is moving eastwards to Asia, away from Europe and North America, and India will be the motor force in globalisation"
Frank G Wisner
Former US Ambassador to India and Vice President
American International Group External Affairs
"Service providers business is most strategic for Cisco. India is amongst the fastest growing markets today and it is a strategic market for Cisco. Cisco is putting in place a dedicated team focused on the business and it is also strengthening its headcount [in India]."
Andrew Murray
Asia Pacific Vice President
Cisco
"The research & development work carried out in India is of world-class standards and is now attracting German biotech companies who are keen on setting up joint ventures (JVs) and R&D facilities."
H Richter
German Ambassador to India
"This is a historic moment for our country, for the entire Indian private sector, and for Reliance. Reliance has become the first private sector company from India to be ranked among the world's top 500 companies, in terms of the Fortune Global 500 list. We are now ranked 189 in the world in profits. The ascent of a first generation company, Reliance, to the distinguished Fortune Global 500 club is a tribute to the vision of our founder Chairman, Dhirubhai Ambani, and to the glorious spirit of Indian enterprise and entrepreneurship."
Anil D. Ambani
Vice Chairman & Managing Director
Reliance Industries Limited
"Indian engineers are comparable to the best in the world, including the US and Europe, and we will use this strength to leverage our position in the world market.'
Mr. Phillippe Joubert
Executive Vice President
Alstom
With increased macro-economic stability and increased forex reserves, the Indian investment climate is clearly improving...for Denmark, India ranks among the top destinations for investment."
Anders Holbech Jespersen
Advisor, Confederation of Danish Industries
In an interview on June 30th 2004
" Equity and efficiency are complimentary, not contradictory, and we must move forward on both these while maintaining a high degree of fiscal and financial discipline, and a robust external economic profile".
Indian Prime Minister Manmohan Singh's first address to the nation
"It's the speed - how quickly people are moving. It's their passion and ambition. Execution is something other countries can learn from India." Christian Seiwald
CEO
Sandoz GmbH
"It makes sense for pharma companies to look to India...Indian scientists are well trained...India has more pharmaceutical facilities approved by the U.S. Food & Drug Administration (USFDA) than any foreign country."
Business Week Magazine
"India is one of the largest generics markets in the world today [in volumes]. We expect this market to have a significant growth potential. That makes it very attractive."
Christian Seiwald
CEO
Sandoz GmbH
"My government's endeavour would be to create such an atmosphere in the country that ...the talent in the country should work to prove that we are unparalleled in the world. We have the third largest reservoir of Science and Technology talent in the world and [this] would be utilised to ensure that 21st century belongs to India."
Dr. Manmohan Singh
Prime Minister of India
"India, first of all, came to the game with some just natural advantages: one, English-speaking population; two, real emphasis on education. You also had a country that is very instinctively able to glocalize, take the best of the global world and meld it with their own culture."
Tom Friedman
Columnist
The New York Times
"India is an institutionalised democracy of long standing. Democratic changes in government should be seen as a sign of strength. We expect the reform process to continue although the emphasis may change."
Sanjeev Sanyal
Director & Senior Economist, Global Markets Research
Deutsche Bank, Asia
"India's reforms are not just an economic issue. The country is forging a proudly democratic model of economic reforms. It is the kind of model that many developing countries, despairing that they do not have the dictatorship of China to force through difficult reforms, can hope to emulate."
Bruce Gilley
The Wall Street Journal
"Asia should not be painted with one brush; India has separated itself from the pack; it is not unduly dependent on external demand, and it has an increasingly powerful IT-enabled, services-led growth dynamic."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"Everybody says China has 8% growth and India only 3%, but that is a total misconception. We don't really know. I think India's progress is far more impressive than China's."
Peter Drucker
"We have made significant investment in expanding our presence in India and will continue to do so. We greatly value the Indian capability and...have charted out an aggressive growth plan in India"
Mr. Edward Barnholt
Chairman, President & CEO
Agilent Technologies
"In our view, economic restructuring and low interest rates are raising India's potential growth rate. Structurally, we believe it is more attractive than China."
Eddie Wong
Equity Analyst (Asia Pacific)
ABN Amro Bank
"India is not just about IT or business process outsourcing. We see it as an incubator for giant global corporations driven by IT strategy."
Prof Warren McFarlan
Senior Associate Dean
Harvard Business School
"Here's a country that will show massive growth. We believe India will continue to have growing importance in the world economy, and we are working with clients to raise capital and create strategies that will allow them to participate in this growth."
Sean Wallace
Co-head of Investment Banking
JP Morgan,Asia Pacific
"The people I have met in India are very good. They have a global perspective. Though these are still early days, I have been struck by the quality of Indian management. It is very high by any standard. I wont bet against India becoming one of the top five economies of the world by 2050."
Alec Jones
Global Leadership Team
PriceWaterhouse Coopers
"Japan, Australia and China are also expanding markets but India is of special significance. India is outbound volume growing; it is a large English-speaking country and above all, we have good historic relations with India. So it's an Ireland-friendly market."
Mr. Philip McDonagh
Irish Ambassador to India
In an interview with the Times of India
"India has greater access to the international knowledge base. First we noticed Indian individuals, but now we notice Indian companies as well...Indians have managed to build some very good institutions for themselves, which are going to help them in future."
Charles Morrison
President
East West Center
"There is a huge market waiting to be tapped in India's components business and we intend to grow the business significantly over the next couple of years"
Hans-Michael Huber
MD & CEO
DaimlerChrysler India
"We recognise the greatest strength of India is not just the number of people, not its ability to put them into seats - it's the skill level that exists here."
Joseph M Sigelman
Co-Chief Executive
OfficeTiger
"I see a big change in corporate India. Indian companies which earlier enjoyed protected markets, have adapted well to the opening up of the economy. India is a classic example. I am impressed by how well Indian companies have moved from a management style rooted in a protected environment to a management style which is exploiting global competitiveness."
Klaus Schwab, Chairman
World Economic Forum
On his recent visit to India
"The economic dominance of the US is already over. What is emerging is a world economy. India is becoming a powerhouse very fast."
Peter Drucker
Management Guru
In Fortune
"The World Travel and Tourism Council report says that over the next 10 years, India's travel and tourism industry is expected to achieve annualised real growth of 7.9% to bring in $ 28.4 billion in 2013. By then the travel and tourism economy overall is expected to hit an annual $68.3 billion."
Far Eastern Economic Review (January 22nd, 2004)
"By 2020, 47% of Indians will be between 15 and 59, compared with 35% now. The working-age populations of the U.S. and China are projected to shrink. So India is destined to have the world's largest population of workers and consumers. That's a big reason why Goldman, Sachs & Co. (GS ) thinks India will be able to sustain 7.5% annual growth after 2005."
Business Week Magazine (Cover Story, December 8, 2003)
"As a nation you have great DNA. This advantage will have a multiplier effect on the economy when second generation policy reforms present businesses and consumers with the right incentives. There is so much pent-up dynamism at the micro level of India's economy that entrepreneurs and workers will amplify the benefits of these reforms."
Robert Blackwill
Former US Ambassador to India
"India is one of the fastest growing telecom markets in the world and is of immense importance to us. We also continue to look at opportunities to outsource research & development work from India"
Bert Nordberg
President (Business Unit Systems)
Ericsson
"When you talk about China, they (Americans) say it is a huge market with 1.3 billion population whereas India's image is as a good software producer. They don't know that India has one billion population and growing middle class consumers"
Harris N Miller
President
Information Technology Association of America
"India has natural and multiple advantages over countries like China or other Asian or Latin American countries that are emerging as outsourcing hub. In the recent past, Indian Inc has been able to establish its brand in the international market. Its extraordinary quality of human resource and domain knowledge clearly puts them in an advantageous position."
Bruce Chizen
President & CEO
Adobe Systems Inc, USA
"India's success rate vis-a -vis Britain's in the entrepreneurial scenario is a lot higher. I'm going to go back and work towards this"
HRH Prince Charles during his recent visit to India
Mr Sarang Panchal
Executive Director
ACNielsen South Asia
"Indian companies are using UK as a door to other European countries and are also using it as a base to provide services in the US and South Africa."
Mark Dolan
Deputy Director
Inward Investment
"We came into India wanting to make it a hub for all the products that we are producing there including the supplier base. I'm pleased with the progress."
Mr Leif Johansson
President and CEO
AB Volvo
"This is a watershed year in US-India relations. We have been talking, and working, about a strategic partnership. Now is the time to make it happen."
Christina Rocca
US Assistant Secretary of State
"India has become a key market for many information communication technology products made in the US, while the US is an important consumer of Indian IT-enabled services."
US State Department
during the launch of the India-US CEO's Forum
"India on its way to becoming IT, manufacturing kingdom of the world."
Mr Yasukuni Enoki
Japanese Ambassador to India
"The demand which we are observing in India is one of the highest growth rates in the world today."
Dinesh Keskar
VP Sales
Boeing Corporation
"Indian markets are gaining depth by the day, more instruments, more shorting possibilities."
Christoph Avenarius
Senior analyst
Credit Suisse Alternative Investments
"The dynamism shown by India in the last 15 years is phenomenal."
Paul Wolfowitz
President
World Bank
"India as a country is in a mode of capital consumption. Investors will now start looking for proxies that will reflect the India growth story."
K Ramakrishnan
CEO
Spark Capital Advisors
"We have been bullish on India for a long time."
Donald Peck,
Managing partner
Actis
"Never were our relations ever more exciting."
Tony Blair,
Prime Minister of Britain,
on India-UK relations
"We are delighted and impressed with the growth we have been able to achieve in this country. India is a key node in Accenture's global delivery network."
Mr Karl-Heinz Floether
Group Chief Executive (Technology and Delivery)
Accenture
"India is a rising economic influence of power in the international system. It's a great multiethnic democracy."
Condoleezza Rice
US Secretary of State
"...this is the right time to invest in India and we will be bold on the market here."
Jeffrey Immelt
CEO and Chairman
GE Worldwide
"Today, there is a greater willingness internationally to work with India -- and to build relationships of mutual benefit."
Dr. Manmohan Singh
Prime Minister of India
"India could emerge as a global KPO hub as the business requires specialised knowledge in respective verticals and the country's engineering and technical institutes are geared to address the manpower demand."
CII Study
India in the new knowledge economy
"India's economy will expand by 8 per cent, even faster than the 6.9 per cent seen in 2004."
Institute of International Finance
"Disney's presence in India today is well poised for growth."
Andy Bird
President, Walt Disney International
"There is huge amount of optimism about India...the country is well positioned to accelerate from its present 6.5 per cent growth to around 8% in the near future."
Montek Singh Ahluwalia
Deputy Chairman
Planning Commission of India
"India is an important growth area for us. When most of the developing countries are seeing single-digit growth ... some of the Asian countries including India are showing double-digit growth."
Lawrence A Weinbach
Chairman
Unisys Corporation
"The joint marketing efforts will help us to combine Singapore as a urban destination, along with India's varied attractions like the Taj, the desert, mountains, and beaches."
Lim Neo Chian
Dy Chairman and Chief Executive
Singapore Tourism Board
"I believe India could be the fastest growing economy in the world one day. It would be foolish for Virgin not to embrace India."
Sir Richard Branson
Chairman
Virgin Atlantic Airways
"There is keen awareness of the need to continue to strengthen India's fiscal position, open the economy more fully to the world and remove the remaining domestic constraints on growth."
Rodrigo de Rato
Managing Director
IMF
"Indian companies are well run. Return on equity in India is higher than in countries such as the US, China and Japan."
Mr Alan Jacobs
Senior International Economist and Strategist
AMP Capital, Australia
"India is growing fast and everyone seems to want a piece of the action."
Martin Graham
Director of Market Services
London Stock Exchange
"The Indian banking system is now perhaps better than any other in Asia."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"We believe that India is at an inflexion point and will likely migrate to a 7 percent growth trend in this decade."
Chetan Ahya
Analyst
Morgan Stanley Dean Witter
"India can be a quality manufacturing base for the world. At present we plan to invest US $68-$91 million in India for servicing our clients in the automotive market."
Angad Paul
Chief Executive Officer
Caparo Group
"India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period."
Dominic Wilson
Senior Global Economist and Vice President
Goldman Sachs
"We are globalising and liberalizing. In the last decade the share of trade has doubled from 17 to 32 per cent and India has become a natural hub of globalisation."
Rahul Bajaj
Chairman and MD
Bajaj Auto
"To compete with India, China will have to consolidate its highly fragmented industry to gain the size and expertise needed to capture large international projects."
McKinsey
"India is the only country in the Asia-Pacific region expected to see an increase in net lending this year, as investment demand and external trade activity remain strong."
Institute of International Finance
"[RatanTata's] $ 14.3 bn family conglomerate is a picture of what was and is India Inc."
Forbes
"Many people view India only as a place to cut costs through offshore outsourcing... we see India as an emerging market for our advanced software platforms."
Peter Armstrong
President
Triple Point Technology
"The Indian domestic IT market will be the fastest-growing market in the Asia/Pacific region, predicted to grow at 21.7 in 2005 over 2004."
International Data Corporation (IDC)
"India will continue to be an exciting investment destination for FIIs... The big driver for the markets will be a sustained growth in the economy of around 7 per cent."
Hemendra Kothari
Chairman
DSP Merrill Lynch
"Higher level of acquisitions is a reflection of the business confidence. Acquisitions are likely to rise next year. A big component would be Indian companies acquiring companies overseas."
Ravi Menon
Director and Co-head for Investment Banking
HSBC Securities
"The revenue growth from India is the fastest among all the markets we are present in."
Lex Kloosterman
CEO (private clients/new growth markets)
ABN Amro Bank NV
"India Inc is emerging bigger, faster and stronger. India is also fast becoming the world's knowledge centre and back office. I believe India will continue to outshine others for some time to come."
Vishesh Chandiok
International Practice Partner
Grant Thornton, India
"India is now being seen as a country that can both benefit and help because of its growing relations with the Southeast Asian neighbours and partners".
Sunil Kant Munjal
President
Confederation of Indian Industry (CII)
"There is a broad recognition of the enormous benefits flowing from greater integration between India and ASEAN.... The India-ASEAN Car Rally...will dramatically symbolize the effort to forge new linkages, while embodying the spirit of our cooperation."
Dr. Manmohan Singh
Prime Minister of India
"In coming three years India is the third most favoured investment destination for Japanese investors. More than eighty per cent of prospective Japanese investors cited India's huge market and its growth potential as the biggest drivers for investment."
Japan Bank for International Co-operation
"India has seen an explosion of its middle classes over the last few years with an emerging generation of highly educated young workers earning higher incomes than ever before. This has driven massive growth in domestic consumption and if you combine this with the boom in the pharmaceutical industry and government spending on infrastructure, India reveals itself as the one of the most attractive growth stories in the investment world right now."
Arun Mehra
Head of Investment Strategy
Fidelity India
"India's ability to draw heavyweight investors like Temasek and the speed with which they are moving is a signal that the Subcontinent continues to be an attractive investment for those taking a long view and seeking to diversify their portfolios."
Far Eastern Economic Review
October 21, 2004
("Singapore Inc. Diversifies")
"India's highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favourable than China's."
A T Kearney
FDI index report
"Markets such as India have come of age resulting in renewed interest among the FII community."
Andrew Holland
Chief Administrative Officer & Executive VP-Research
DSP Merrill Lynch
"The courageous reforms have led to enormous economic growth in India.With a growth rate of over eight percent, India ranks at the top even in this very difficult period globally."
Gerhard Schroeder
Chancellor
Germany
"The Indian system is a refreshing example of a transparent IPO market but it is also a rare on, especially in the insider-friendly Asian markets."
Francesco Guerrera
Asia Financial Correspondent
Financial Times
"Your economic reforms favouring freer markets, development of infrastructure. . . prudent spending and commitment to education will further India's position in the global leadership."
John A Thain
Chief Executive Officer
New York Stock Exchange
"We [will] work towards a target of at least 200 million telephones by 2007, if not 250 million, which would require 120 million lines in the next three years, translating into telecom equipment requirement of Rs 100, 000 crores - Rs 125,000 crores."
Dayanidhi Maran
IT and Communications Minister
Government of India
"We want to bring to the world various facets of this extraordinary country, its people and progress"
Chris Cramer
International Managing Director
CNN
"FDI will continue to be encouraged and actively sought, particularly in the areas of infrastructure, high technology and exports."
P. Chidambaram
Finance Minister
Government of India
"The Indian middle class is easier to target because people understand English and have a western orientation...in China, it's a longer slog"
Rory Cowan
President, Lionbridge Technologies
in Business 2.0 (July 2004)
"Not only are there brilliant engineers here [in India], I've been seeing that the entrepreneurial spirit of the businesses is second to none."
Mike S. Zafirovski
President and Chief Operating Officer
Motorola Inc.
"Toyota Motor has chosen to source from India due to its competitive cost of manufacture, availability of abundant engineering talent, and strong indigenous machine tool."
Akio Toyoda
Senior Managing Director
Toyota Motors
"America cannot ignore the fact that the centre of gravity is moving eastwards to Asia, away from Europe and North America, and India will be the motor force in globalisation"
Frank G Wisner
Former US Ambassador to India and Vice President
American International Group External Affairs
"Service providers business is most strategic for Cisco. India is amongst the fastest growing markets today and it is a strategic market for Cisco. Cisco is putting in place a dedicated team focused on the business and it is also strengthening its headcount [in India]."
Andrew Murray
Asia Pacific Vice President
Cisco
"The research & development work carried out in India is of world-class standards and is now attracting German biotech companies who are keen on setting up joint ventures (JVs) and R&D facilities."
H Richter
German Ambassador to India
"This is a historic moment for our country, for the entire Indian private sector, and for Reliance. Reliance has become the first private sector company from India to be ranked among the world's top 500 companies, in terms of the Fortune Global 500 list. We are now ranked 189 in the world in profits. The ascent of a first generation company, Reliance, to the distinguished Fortune Global 500 club is a tribute to the vision of our founder Chairman, Dhirubhai Ambani, and to the glorious spirit of Indian enterprise and entrepreneurship."
Anil D. Ambani
Vice Chairman & Managing Director
Reliance Industries Limited
"Indian engineers are comparable to the best in the world, including the US and Europe, and we will use this strength to leverage our position in the world market.'
Mr. Phillippe Joubert
Executive Vice President
Alstom
With increased macro-economic stability and increased forex reserves, the Indian investment climate is clearly improving...for Denmark, India ranks among the top destinations for investment."
Anders Holbech Jespersen
Advisor, Confederation of Danish Industries
In an interview on June 30th 2004
" Equity and efficiency are complimentary, not contradictory, and we must move forward on both these while maintaining a high degree of fiscal and financial discipline, and a robust external economic profile".
Indian Prime Minister Manmohan Singh's first address to the nation
"It's the speed - how quickly people are moving. It's their passion and ambition. Execution is something other countries can learn from India." Christian Seiwald
CEO
Sandoz GmbH
"It makes sense for pharma companies to look to India...Indian scientists are well trained...India has more pharmaceutical facilities approved by the U.S. Food & Drug Administration (USFDA) than any foreign country."
Business Week Magazine
"India is one of the largest generics markets in the world today [in volumes]. We expect this market to have a significant growth potential. That makes it very attractive."
Christian Seiwald
CEO
Sandoz GmbH
"My government's endeavour would be to create such an atmosphere in the country that ...the talent in the country should work to prove that we are unparalleled in the world. We have the third largest reservoir of Science and Technology talent in the world and [this] would be utilised to ensure that 21st century belongs to India."
Dr. Manmohan Singh
Prime Minister of India
"India, first of all, came to the game with some just natural advantages: one, English-speaking population; two, real emphasis on education. You also had a country that is very instinctively able to glocalize, take the best of the global world and meld it with their own culture."
Tom Friedman
Columnist
The New York Times
"India is an institutionalised democracy of long standing. Democratic changes in government should be seen as a sign of strength. We expect the reform process to continue although the emphasis may change."
Sanjeev Sanyal
Director & Senior Economist, Global Markets Research
Deutsche Bank, Asia
"India's reforms are not just an economic issue. The country is forging a proudly democratic model of economic reforms. It is the kind of model that many developing countries, despairing that they do not have the dictatorship of China to force through difficult reforms, can hope to emulate."
Bruce Gilley
The Wall Street Journal
"Asia should not be painted with one brush; India has separated itself from the pack; it is not unduly dependent on external demand, and it has an increasingly powerful IT-enabled, services-led growth dynamic."
Stephen Roach
Chief Global Economist & Managing Director
Morgan Stanley
"Everybody says China has 8% growth and India only 3%, but that is a total misconception. We don't really know. I think India's progress is far more impressive than China's."
Peter Drucker
"We have made significant investment in expanding our presence in India and will continue to do so. We greatly value the Indian capability and...have charted out an aggressive growth plan in India"
Mr. Edward Barnholt
Chairman, President & CEO
Agilent Technologies
"In our view, economic restructuring and low interest rates are raising India's potential growth rate. Structurally, we believe it is more attractive than China."
Eddie Wong
Equity Analyst (Asia Pacific)
ABN Amro Bank
"India is not just about IT or business process outsourcing. We see it as an incubator for giant global corporations driven by IT strategy."
Prof Warren McFarlan
Senior Associate Dean
Harvard Business School
"Here's a country that will show massive growth. We believe India will continue to have growing importance in the world economy, and we are working with clients to raise capital and create strategies that will allow them to participate in this growth."
Sean Wallace
Co-head of Investment Banking
JP Morgan,Asia Pacific
"The people I have met in India are very good. They have a global perspective. Though these are still early days, I have been struck by the quality of Indian management. It is very high by any standard. I wont bet against India becoming one of the top five economies of the world by 2050."
Alec Jones
Global Leadership Team
PriceWaterhouse Coopers
"Japan, Australia and China are also expanding markets but India is of special significance. India is outbound volume growing; it is a large English-speaking country and above all, we have good historic relations with India. So it's an Ireland-friendly market."
Mr. Philip McDonagh
Irish Ambassador to India
In an interview with the Times of India
"India has greater access to the international knowledge base. First we noticed Indian individuals, but now we notice Indian companies as well...Indians have managed to build some very good institutions for themselves, which are going to help them in future."
Charles Morrison
President
East West Center
"There is a huge market waiting to be tapped in India's components business and we intend to grow the business significantly over the next couple of years"
Hans-Michael Huber
MD & CEO
DaimlerChrysler India
"We recognise the greatest strength of India is not just the number of people, not its ability to put them into seats - it's the skill level that exists here."
Joseph M Sigelman
Co-Chief Executive
OfficeTiger
"I see a big change in corporate India. Indian companies which earlier enjoyed protected markets, have adapted well to the opening up of the economy. India is a classic example. I am impressed by how well Indian companies have moved from a management style rooted in a protected environment to a management style which is exploiting global competitiveness."
Klaus Schwab, Chairman
World Economic Forum
On his recent visit to India
"The economic dominance of the US is already over. What is emerging is a world economy. India is becoming a powerhouse very fast."
Peter Drucker
Management Guru
In Fortune
"The World Travel and Tourism Council report says that over the next 10 years, India's travel and tourism industry is expected to achieve annualised real growth of 7.9% to bring in $ 28.4 billion in 2013. By then the travel and tourism economy overall is expected to hit an annual $68.3 billion."
Far Eastern Economic Review (January 22nd, 2004)
"By 2020, 47% of Indians will be between 15 and 59, compared with 35% now. The working-age populations of the U.S. and China are projected to shrink. So India is destined to have the world's largest population of workers and consumers. That's a big reason why Goldman, Sachs & Co. (GS ) thinks India will be able to sustain 7.5% annual growth after 2005."
Business Week Magazine (Cover Story, December 8, 2003)
"As a nation you have great DNA. This advantage will have a multiplier effect on the economy when second generation policy reforms present businesses and consumers with the right incentives. There is so much pent-up dynamism at the micro level of India's economy that entrepreneurs and workers will amplify the benefits of these reforms."
Robert Blackwill
Former US Ambassador to India
"India is one of the fastest growing telecom markets in the world and is of immense importance to us. We also continue to look at opportunities to outsource research & development work from India"
Bert Nordberg
President (Business Unit Systems)
Ericsson
"When you talk about China, they (Americans) say it is a huge market with 1.3 billion population whereas India's image is as a good software producer. They don't know that India has one billion population and growing middle class consumers"
Harris N Miller
President
Information Technology Association of America
"India has natural and multiple advantages over countries like China or other Asian or Latin American countries that are emerging as outsourcing hub. In the recent past, Indian Inc has been able to establish its brand in the international market. Its extraordinary quality of human resource and domain knowledge clearly puts them in an advantageous position."
Bruce Chizen
President & CEO
Adobe Systems Inc, USA
"India's success rate vis-a -vis Britain's in the entrepreneurial scenario is a lot higher. I'm going to go back and work towards this"
HRH Prince Charles during his recent visit to India
Amittyaagi
Amit Tyagi
Good and precise information on Indian Business leaders
vengabeats
Nilesh Nagdev
Arun Sarin- Chief Executive Vodafone
Arun Sarin (Hindi:अरुण सरीन) (born October 21, 1954, in Pachmarhi, Madhya Pradesh, India) is the Chief Executive of the world's biggest mobile phone company (by revenue), Britain's Vodafone Group plc. He is originally from India, has United States citizenship, and is presently based in the United Kingdom.
Sarin graduated from the Indian Institute of Technology, Kharagpur with a B.Tech degree in Engineering in 1975. In 1978 he gained a MS in Engineering and a MBA from the Haas School of Business at the University of California, Berkeley. Prior to this he did his schooling from Military School Bangalore, Bangalore. He excelled in studies, sports and co curricular activities. He was known for his sharp intelligence and good sporting skills especially in hockey and boxing in school. He started his career as a management consultant before moving, in 1984, to Pacific Telesis Group in San Francisco. He was a director of AirTouch from July 1995 and was President and Chief Operating Officer from February 1997 to June 1999. He was then Vodafone's Chief Executive Officer for the United States and Asia Pacific region until 15 April 2000, when Vodafone's U.S. interests were merged into Verizon Wireless. He subsequently became chief executive of InfoSpace from 2000 to 2001, and of Accel-KKR Telecom based in San Francisco from 2001 to 2003, while serving as a non-executive director of Vodafone. He rejoined Vodafone as Chief Executive Designate on 1 April 2003annual general meeting on 30 July 2003. and was appointed on a permanent basis after the Company's
Sarin was appointed at a time when the investment community wanted Vodafone to concentrate on managing its businesses efficiently and returning cash to shareholders, after its dramatic takeover driven expansion between 1999 and 2002. In 2004 he entered an auction for AT&T Wireless in the face of considerable hostility from analysts and shareholders, but withdrew when Cingular made an offer he did not think it was in Vodafone's interests to match.
He has since focused on emerging markets such as India, instead of developed markets such as Japan and others. Under his leadership, Vodafone successfully bid U$11.1 billion for 67% stake in the Indian mobile operator, Hutch. Now he wants to rebrand it as Vodafone and bring it from the #4 operator in India to #1 or #2.
Sarin has also served as a director of The Gap, Inc., The Charles Schwab Corporation and Cisco Systems, Inc. in the United States, and has recently been appointed as a non-executive director of the Court of the Bank of England.
Sarin is married to Rummi Anand Sarin with two children.
source
Arun Sarin (Hindi:अरुण सरीन) (born October 21, 1954, in Pachmarhi, Madhya Pradesh, India) is the Chief Executive of the world's biggest mobile phone company (by revenue), Britain's Vodafone Group plc. He is originally from India, has United States citizenship, and is presently based in the United Kingdom.
Sarin graduated from the Indian Institute of Technology, Kharagpur with a B.Tech degree in Engineering in 1975. In 1978 he gained a MS in Engineering and a MBA from the Haas School of Business at the University of California, Berkeley. Prior to this he did his schooling from Military School Bangalore, Bangalore. He excelled in studies, sports and co curricular activities. He was known for his sharp intelligence and good sporting skills especially in hockey and boxing in school. He started his career as a management consultant before moving, in 1984, to Pacific Telesis Group in San Francisco. He was a director of AirTouch from July 1995 and was President and Chief Operating Officer from February 1997 to June 1999. He was then Vodafone's Chief Executive Officer for the United States and Asia Pacific region until 15 April 2000, when Vodafone's U.S. interests were merged into Verizon Wireless. He subsequently became chief executive of InfoSpace from 2000 to 2001, and of Accel-KKR Telecom based in San Francisco from 2001 to 2003, while serving as a non-executive director of Vodafone. He rejoined Vodafone as Chief Executive Designate on 1 April 2003annual general meeting on 30 July 2003. and was appointed on a permanent basis after the Company's
Sarin was appointed at a time when the investment community wanted Vodafone to concentrate on managing its businesses efficiently and returning cash to shareholders, after its dramatic takeover driven expansion between 1999 and 2002. In 2004 he entered an auction for AT&T Wireless in the face of considerable hostility from analysts and shareholders, but withdrew when Cingular made an offer he did not think it was in Vodafone's interests to match.
He has since focused on emerging markets such as India, instead of developed markets such as Japan and others. Under his leadership, Vodafone successfully bid U$11.1 billion for 67% stake in the Indian mobile operator, Hutch. Now he wants to rebrand it as Vodafone and bring it from the #4 operator in India to #1 or #2.
Sarin has also served as a director of The Gap, Inc., The Charles Schwab Corporation and Cisco Systems, Inc. in the United States, and has recently been appointed as a non-executive director of the Court of the Bank of England.
Sarin is married to Rummi Anand Sarin with two children.
source
kaushik_80
New member
Thanks a lot for the biographies. Its really a great resource for all management students. Later on this site may prove to be an indespensible component in the daily diet.
bonddonraj
Par 100 posts (V.I.P)
INFOSYS TECHNOLOGIES LIMITED- ENTREPRENEUR N.R. NARAYANA MURTHY.
ENTREPRENEUR is a person who undertakes and operates a new venture, and assumes some accountability for the inherent risks. Being in business or being an entrepreneur is about taking risks and confronting challenges.
ABOUT THE COMPANY
Infosys Technologies Limited (NASDAQ: INFY) is an information technology (IT) company founded in Pune, India in 1981 by N. R. Narayana Murthy. It subsequently moved its base to Bangalore, capital of Karnataka, in 1983. It is headquartered in Electronic City, Bangalore, it operates nine development centers in India and has over 30 offices in 20 other nations. In fiscal year 2006 annual revenues exceeded US $2.15 billion with a Market Capitalization of over US $30 billion. With over 70,000 employees now[1] worldwide, Infosys is one of India's largest IT companies and its headquarters at Bangalore, is one of the largest IT campuses in the world.
Infosys was founded on July 2, 1981 by seven software professionals: N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora.[2] Murthy started the company by borrowing Rs.10,000 from his wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Matunga, north-central Mumbai as the registered office. In 1983 Infosys got its first client, Data Basics Corporation from USA.
In 1999 Infosys attained a SEI-CMM Level 5 ranking and became the first Indian company to be listed on NASDAQ. In 2001 it was rated "Best Employer in India" by Business Today,[3] and in 2002 Business World named Infosys "India's Most Respected Company".
HISTORY OF INFOSYS
1981
Corporate performance - Establishment in India.
1987
Global Initiatives - First international office in US.
1993
Corporate performance - Successfully completed IPO in India.
Quality initiatives - ISO 9001/TickIT certification.
1995
Corporate performance - Best Annual Report Award from ICAI (every year from '95).
Globalization initiatives - Set up development centers across cities in India.
1996
Corporate performance - Infosys Foundation to focus on contributing back to the society.
Globalization initiatives - Set up first office in Europe in Milton Keynes, UK.
Strategic initiatives - e-business practice (Infosys Internet Consulting Practice).
1997
Globalization initiatives - Set up office in Toronto, Canada.
Quality initiatives - Assessed at CMM Level 4.
Strategic initiatives - e-business practice (Infosys Internet Consulting Practice).
1998
Corporate performance - First in "Award for Corporate Excellence" Economic Times India.
Strategic initiatives - Enterprise solutions practice (packaged applications).
1999
Corporate performance - $100 Million in annual revenue.
India's most admired company by The Economic Times Survey.
Globalization initiatives - Listed on NASDAQ - (first India-registered company to list).
Offices in Germany, Sweden, Belgium, and Australia.
Two development centers in US.
Quality initiatives - Assessed at CMM Level 5.
Strategic initiatives - Infosys Business Consulting Services.
Reorganization for competence building Domain Competency Group (DCG), Software Engineering and Technology Labs (SETLABS), Communications vertical practice (CAPS).
2000
Corporate performance - First company to be awarded the "National Award for Excellence in Corporate Governance" conferred by the Government of India.
$200 Million in annual revenue.
Globalization initiatives - Opened an office in France.
Opened new office in Hong Kong.
Global development center in Canada and UK; Three development centers in US.
Strategic initiatives - Combined the dedicated e-business practice with rest of the organization.
2001
Corporate performance - Rated Best Employer of India in a study by Business Today-Hewitt Associates.
Touched $400 Million in annual revenue.
Globalization initiatives - Opened new offices in UAE and Argentina.
New development center in Japan.
2002
Corporate performance - Ranked No. 1 in the "Best Employers in India 2002" survey conducted by Hewitt Associates for the second consecutive year.
First rank in the Business World's survey of "India's Most Respected Company."
Touched half a billion US dollars in annual revenue.
Globalization initiatives - Opened new offices in Netherlands, Singapore and Switzerland.
2003
Globalization initiatives - Establishes subsidiaries Infosys China and Infosys Australia
2004
Corporate performance - Crossed US $1 Billion in annual revenue.
Strategic initiatives - Launches Infosys Consulting Inc
2005
Corporate performance - Largest international equity offering of US $ 1 billion from India
2006
Corporate performance - 50,000+ Employees. Revenues crosses $ 2 billion. Celebrates 25 years
N.R. NARAYANA MURTHI….
N.R. Narayana Murthy is an Indian industrialist, software engineer and the founder of Infosys Technologies,a global consulting and IT services company based in India which employs more than 70,000 people worldwide.
Born into a Kannadiga Brahmin family in Mysore, India on August 20, 1946, he graduated with a degree in electrical engineering from the University of Mysore in 1967 and received his master's degree from IIT Kanpur in 1969.
He began his career with Patni Computer Systems in Pune. He met his wife Sudha Murty, who was a research associate with Tata in Pune. In 1981, he founded Infosys with six other software professionals. He served as president of the National Association of Software and Service Companies, India from 1992 to 1994. Mr. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao.
PROFILE
Murthy served as CEO of Infosys for twenty years, and was succeeded by co-founder Nandan Nilekani in March 2002. He is the chairman of the governing body of both the International Institute of Information Technology - Bangalore, and the Indian Institute of Management, Ahmedabad. In addition, he is a member of the Board of Overseers of the University of Pennsylvania's Wharton School, Cornell University Board of Trustees, Singapore Management University Board of Trustees and the Board of Advisors for the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business.
Murthy serves as an independent director on the board of the DBS Bank of Singapore. This is the largest government-owned bank in Singapore. He also serves as a director on the Central Board of the Reserve Bank of India, as the co-chairman of the Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications plc. and as a member of the Board of NDTV, India. He is an IT advisor to several Asian countries.
He has been the recipient of numerous awards and honors. In 2000, he was awarded the Padma Shri, a civilian award by the Government of India. He was the first recipient of the Indo-French Forum Medal (in the year 2003), awarded by the Indo-French Forum, in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year - 2003 by Ernst & Young. He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize ( Switzerland), in recognition of his promotion of individual responsibility and liberty. In 1999, BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000). In 1998, the Indian Institute of Technology, Kanpur, one of the premier institutes of higher learning in India, conferred on him the Distinguished Alumnus Award, and in 1996-97, he was awarded the JRD Tata Corporate Leadership Award.
In December 2005, Narayana Murthy was voted as the 8th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit [1]. The list included 14 others with distiguished names such as Bill Gates, Steve Jobs and Warren Buffet.
In May 2006, Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India in a study conducted by Brand-comm, a leading Brand Consulting, Advertising and PR firm.
He retired on 20th August, 2006. However he shall continue as the Non-Executive Chairman[2].
In November 2006, Time magazine featured him in its list of "Asian Heroes". The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa, etc.
N. R. Narayana Murthy is the Chairman of the Board and Chief Mentor of Infosys Technologies Limited. He founded Infosys in 1981 along with six other software professionals and served as the CEO for 20 years before handing over the reins of the company to co-founder Nandan M. Nilekani in March 2002. Under his leadership Infosys was listed on NASDAQ in 1999. He served as the Executive Chairman of the Board and Chief Mentor from 2002 to 2006.
Mr. Murthy is the chairman of the governing body of the Indian Institute of Information Technology, Bangalore, and the Indian Institute of Management, Ahmedabad. He is a member of the Board of Overseers of the University of Pennsylvania's Wharton School, Cornell University Board of Trustees, Singapore Management University Board of Trustees, INSEAD's Board of Directors and the Asian Institute of Management's Board of Governors. He is also a member of the Advisory Boards and Councils of various well-known universities – such as the Stanford Graduate School of Business, the Corporate Governance initiative at the Harvard Business School, Yale University and the University of Tokyo’s President's Council.
Mr. Murthy has led key corporate governance initiatives in India. He was the Chairman of the committee on Corporate Governance appointed by the Securities and Exchange Board of India (SEBI) in 2003.
Mr. Murthy serves as an independent director on the board of the DBS Bank, Singapore, the largest government-owned bank in Singapore. He is a member of the Asia Pacific Advisory Board of British Telecommunications plc., and a member of the Board of New Delhi Television Ltd. (NDTV), India. He serves as a member of the Prime Minister's Council on Trade and Industry, and as a member of the Board of Directors of the United Nations Foundation. He is an IT advisor to several Asian countries. He is also a member of the Board of Trustees of TiE Inc. (Global), a worldwide network of entrepreneurs and professionals dedicated to fostering entrepreneurship.
Mr. Murthy is the recipient of numerous awards and honors. The Economist ranked him 8th among the top 15 most admired global leaders (2005). He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years – 2004 and 2005.
TIME magazine’s “Global Tech Influentials” list (August 2004) named Mr. Murthy as one of the ten leaders who are helping shape the future of technology. He was the first recipient of the Indo-French Forum Medal (2003), awarded by the Indo-French Forum in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year – 2003 by Ernst and Young. He was one of two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME/CNN as one of the 25 most influential global executives, selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize (Switzerland), in recognition of his promotion of individual responsibility and liberty. In 1999, BusinessWeek named him one of their nine Entrepreneurs of the Year, and he was featured in BusinessWeek's 'The Stars of Asia' for three successive years – 1998, 1999 and 2000.
Mr. Murthy was born on August 20, 1946. He holds a B.E. from the University of Mysore and a M. Tech. from the Indian Institute of Technology, Kanpur. He has also been conferred honorary doctorates by well-known universities in India and abroad.
Mr. N.R. Narayana Murthy was a corporate entrepreneur. Corporate entrepreneur is a person who demonstrates his innovative skill in organizing and managing corporate undertaking. A corporate undertaking is a form of business organisation which is registered under some statute or Act which gives it a separate legal entity. A trust registered under the trust Act, or a company registered under the Companies Act are examples of corporate undertakings. A corporate entrepreneur is thus an individual who plans, develops and manages a corporate body. Mr. N.R. Narayana Murthy was chosen as the Business India's "Businessman of the Year 1999", the Indian corporate world's most coveted award.
Mr. Murthy is a member of the National Information Technology Task Force of India, and also of the Prime Minister's Council on Trade and Industry. He is a Director on the board of the Reserve Bank of India (RBI).
Mr. Murthy has received several honors and awards :
1. The ET Businessperson Of The Year Award [2000-2001]
2. The Max Schmidheiny Award - 2001
3. He has been featured in the Asiaweek Power 50 (June 2000) - a list of Asia's Most Powerful People
4. He has been named by Business Week as one of the Top Entrepreneurs of the Year 1999.
5. He was chosen as the Business India's "Businessman of the Year 1999", the Indian corporate world's most coveted award.
6. Business Week chose him as one of "The Stars of Asia" for three successive years, in 1998, 1999 and 2000
7. He has been awarded the JRD Tata Corporate Leadership Award for 1996-97
8. He has been conferred with the Distinguished Alumni Award for the year 1998 by the Indian Institute of Technology, Kanpur
9. He is the Co-Chairman of the Indo-British Partnership
10. He is a member of the Asia Society's International Council and Board of Councilors of the University of Southern California School of Engineering. He is also on the Wharton Business School's Asian Executive Board
Today, Infosys is acknowledged by customers, employees, investors and the general public as a highly respected, dynamic and innovative company. In March 1999, Infosys Technologies became the first India-registered company to be listed on an American stock exchange (NASDAQ: INFY).
ENTREPRENEUR is a person who undertakes and operates a new venture, and assumes some accountability for the inherent risks. Being in business or being an entrepreneur is about taking risks and confronting challenges.
ABOUT THE COMPANY
Infosys Technologies Limited (NASDAQ: INFY) is an information technology (IT) company founded in Pune, India in 1981 by N. R. Narayana Murthy. It subsequently moved its base to Bangalore, capital of Karnataka, in 1983. It is headquartered in Electronic City, Bangalore, it operates nine development centers in India and has over 30 offices in 20 other nations. In fiscal year 2006 annual revenues exceeded US $2.15 billion with a Market Capitalization of over US $30 billion. With over 70,000 employees now[1] worldwide, Infosys is one of India's largest IT companies and its headquarters at Bangalore, is one of the largest IT campuses in the world.
Infosys was founded on July 2, 1981 by seven software professionals: N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora.[2] Murthy started the company by borrowing Rs.10,000 from his wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Matunga, north-central Mumbai as the registered office. In 1983 Infosys got its first client, Data Basics Corporation from USA.
In 1999 Infosys attained a SEI-CMM Level 5 ranking and became the first Indian company to be listed on NASDAQ. In 2001 it was rated "Best Employer in India" by Business Today,[3] and in 2002 Business World named Infosys "India's Most Respected Company".
HISTORY OF INFOSYS
1981
Corporate performance - Establishment in India.
1987
Global Initiatives - First international office in US.
1993
Corporate performance - Successfully completed IPO in India.
Quality initiatives - ISO 9001/TickIT certification.
1995
Corporate performance - Best Annual Report Award from ICAI (every year from '95).
Globalization initiatives - Set up development centers across cities in India.
1996
Corporate performance - Infosys Foundation to focus on contributing back to the society.
Globalization initiatives - Set up first office in Europe in Milton Keynes, UK.
Strategic initiatives - e-business practice (Infosys Internet Consulting Practice).
1997
Globalization initiatives - Set up office in Toronto, Canada.
Quality initiatives - Assessed at CMM Level 4.
Strategic initiatives - e-business practice (Infosys Internet Consulting Practice).
1998
Corporate performance - First in "Award for Corporate Excellence" Economic Times India.
Strategic initiatives - Enterprise solutions practice (packaged applications).
1999
Corporate performance - $100 Million in annual revenue.
India's most admired company by The Economic Times Survey.
Globalization initiatives - Listed on NASDAQ - (first India-registered company to list).
Offices in Germany, Sweden, Belgium, and Australia.
Two development centers in US.
Quality initiatives - Assessed at CMM Level 5.
Strategic initiatives - Infosys Business Consulting Services.
Reorganization for competence building Domain Competency Group (DCG), Software Engineering and Technology Labs (SETLABS), Communications vertical practice (CAPS).
2000
Corporate performance - First company to be awarded the "National Award for Excellence in Corporate Governance" conferred by the Government of India.
$200 Million in annual revenue.
Globalization initiatives - Opened an office in France.
Opened new office in Hong Kong.
Global development center in Canada and UK; Three development centers in US.
Strategic initiatives - Combined the dedicated e-business practice with rest of the organization.
2001
Corporate performance - Rated Best Employer of India in a study by Business Today-Hewitt Associates.
Touched $400 Million in annual revenue.
Globalization initiatives - Opened new offices in UAE and Argentina.
New development center in Japan.
2002
Corporate performance - Ranked No. 1 in the "Best Employers in India 2002" survey conducted by Hewitt Associates for the second consecutive year.
First rank in the Business World's survey of "India's Most Respected Company."
Touched half a billion US dollars in annual revenue.
Globalization initiatives - Opened new offices in Netherlands, Singapore and Switzerland.
2003
Globalization initiatives - Establishes subsidiaries Infosys China and Infosys Australia
2004
Corporate performance - Crossed US $1 Billion in annual revenue.
Strategic initiatives - Launches Infosys Consulting Inc
2005
Corporate performance - Largest international equity offering of US $ 1 billion from India
2006
Corporate performance - 50,000+ Employees. Revenues crosses $ 2 billion. Celebrates 25 years
N.R. NARAYANA MURTHI….
N.R. Narayana Murthy is an Indian industrialist, software engineer and the founder of Infosys Technologies,a global consulting and IT services company based in India which employs more than 70,000 people worldwide.
Born into a Kannadiga Brahmin family in Mysore, India on August 20, 1946, he graduated with a degree in electrical engineering from the University of Mysore in 1967 and received his master's degree from IIT Kanpur in 1969.
He began his career with Patni Computer Systems in Pune. He met his wife Sudha Murty, who was a research associate with Tata in Pune. In 1981, he founded Infosys with six other software professionals. He served as president of the National Association of Software and Service Companies, India from 1992 to 1994. Mr. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao.
PROFILE
Murthy served as CEO of Infosys for twenty years, and was succeeded by co-founder Nandan Nilekani in March 2002. He is the chairman of the governing body of both the International Institute of Information Technology - Bangalore, and the Indian Institute of Management, Ahmedabad. In addition, he is a member of the Board of Overseers of the University of Pennsylvania's Wharton School, Cornell University Board of Trustees, Singapore Management University Board of Trustees and the Board of Advisors for the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business.
Murthy serves as an independent director on the board of the DBS Bank of Singapore. This is the largest government-owned bank in Singapore. He also serves as a director on the Central Board of the Reserve Bank of India, as the co-chairman of the Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications plc. and as a member of the Board of NDTV, India. He is an IT advisor to several Asian countries.
He has been the recipient of numerous awards and honors. In 2000, he was awarded the Padma Shri, a civilian award by the Government of India. He was the first recipient of the Indo-French Forum Medal (in the year 2003), awarded by the Indo-French Forum, in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year - 2003 by Ernst & Young. He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize ( Switzerland), in recognition of his promotion of individual responsibility and liberty. In 1999, BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000). In 1998, the Indian Institute of Technology, Kanpur, one of the premier institutes of higher learning in India, conferred on him the Distinguished Alumnus Award, and in 1996-97, he was awarded the JRD Tata Corporate Leadership Award.
In December 2005, Narayana Murthy was voted as the 8th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit [1]. The list included 14 others with distiguished names such as Bill Gates, Steve Jobs and Warren Buffet.
In May 2006, Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India in a study conducted by Brand-comm, a leading Brand Consulting, Advertising and PR firm.
He retired on 20th August, 2006. However he shall continue as the Non-Executive Chairman[2].
In November 2006, Time magazine featured him in its list of "Asian Heroes". The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa, etc.
N. R. Narayana Murthy is the Chairman of the Board and Chief Mentor of Infosys Technologies Limited. He founded Infosys in 1981 along with six other software professionals and served as the CEO for 20 years before handing over the reins of the company to co-founder Nandan M. Nilekani in March 2002. Under his leadership Infosys was listed on NASDAQ in 1999. He served as the Executive Chairman of the Board and Chief Mentor from 2002 to 2006.
Mr. Murthy is the chairman of the governing body of the Indian Institute of Information Technology, Bangalore, and the Indian Institute of Management, Ahmedabad. He is a member of the Board of Overseers of the University of Pennsylvania's Wharton School, Cornell University Board of Trustees, Singapore Management University Board of Trustees, INSEAD's Board of Directors and the Asian Institute of Management's Board of Governors. He is also a member of the Advisory Boards and Councils of various well-known universities – such as the Stanford Graduate School of Business, the Corporate Governance initiative at the Harvard Business School, Yale University and the University of Tokyo’s President's Council.
Mr. Murthy has led key corporate governance initiatives in India. He was the Chairman of the committee on Corporate Governance appointed by the Securities and Exchange Board of India (SEBI) in 2003.
Mr. Murthy serves as an independent director on the board of the DBS Bank, Singapore, the largest government-owned bank in Singapore. He is a member of the Asia Pacific Advisory Board of British Telecommunications plc., and a member of the Board of New Delhi Television Ltd. (NDTV), India. He serves as a member of the Prime Minister's Council on Trade and Industry, and as a member of the Board of Directors of the United Nations Foundation. He is an IT advisor to several Asian countries. He is also a member of the Board of Trustees of TiE Inc. (Global), a worldwide network of entrepreneurs and professionals dedicated to fostering entrepreneurship.
Mr. Murthy is the recipient of numerous awards and honors. The Economist ranked him 8th among the top 15 most admired global leaders (2005). He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years – 2004 and 2005.
TIME magazine’s “Global Tech Influentials” list (August 2004) named Mr. Murthy as one of the ten leaders who are helping shape the future of technology. He was the first recipient of the Indo-French Forum Medal (2003), awarded by the Indo-French Forum in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year – 2003 by Ernst and Young. He was one of two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME/CNN as one of the 25 most influential global executives, selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize (Switzerland), in recognition of his promotion of individual responsibility and liberty. In 1999, BusinessWeek named him one of their nine Entrepreneurs of the Year, and he was featured in BusinessWeek's 'The Stars of Asia' for three successive years – 1998, 1999 and 2000.
Mr. Murthy was born on August 20, 1946. He holds a B.E. from the University of Mysore and a M. Tech. from the Indian Institute of Technology, Kanpur. He has also been conferred honorary doctorates by well-known universities in India and abroad.
Mr. N.R. Narayana Murthy was a corporate entrepreneur. Corporate entrepreneur is a person who demonstrates his innovative skill in organizing and managing corporate undertaking. A corporate undertaking is a form of business organisation which is registered under some statute or Act which gives it a separate legal entity. A trust registered under the trust Act, or a company registered under the Companies Act are examples of corporate undertakings. A corporate entrepreneur is thus an individual who plans, develops and manages a corporate body. Mr. N.R. Narayana Murthy was chosen as the Business India's "Businessman of the Year 1999", the Indian corporate world's most coveted award.
Mr. Murthy is a member of the National Information Technology Task Force of India, and also of the Prime Minister's Council on Trade and Industry. He is a Director on the board of the Reserve Bank of India (RBI).
Mr. Murthy has received several honors and awards :
1. The ET Businessperson Of The Year Award [2000-2001]
2. The Max Schmidheiny Award - 2001
3. He has been featured in the Asiaweek Power 50 (June 2000) - a list of Asia's Most Powerful People
4. He has been named by Business Week as one of the Top Entrepreneurs of the Year 1999.
5. He was chosen as the Business India's "Businessman of the Year 1999", the Indian corporate world's most coveted award.
6. Business Week chose him as one of "The Stars of Asia" for three successive years, in 1998, 1999 and 2000
7. He has been awarded the JRD Tata Corporate Leadership Award for 1996-97
8. He has been conferred with the Distinguished Alumni Award for the year 1998 by the Indian Institute of Technology, Kanpur
9. He is the Co-Chairman of the Indo-British Partnership
10. He is a member of the Asia Society's International Council and Board of Councilors of the University of Southern California School of Engineering. He is also on the Wharton Business School's Asian Executive Board
Today, Infosys is acknowledged by customers, employees, investors and the general public as a highly respected, dynamic and innovative company. In March 1999, Infosys Technologies became the first India-registered company to be listed on an American stock exchange (NASDAQ: INFY).
AaronRoger
New member
thanx for all the efforts uve taken.... it'll be very helpful to every1.........
sanjeevkpandey
New member
hay thanks for such a nice article
these al r true heros of india..they r wealth creators n they have made india wt it is tdy ..they all r from varied sectors of industry ...nice selection ..thy all r inspiring:tea:
these al r true heros of india..they r wealth creators n they have made india wt it is tdy ..they all r from varied sectors of industry ...nice selection ..thy all r inspiring:tea:
amirapu_sow
New member
Indra Krishnamurthy Nooyi
1955 - Born in Madras, India
Indian born American businesswoman, Indra Krishnamurthy Nooyi, president and chief executive officer of PepsiCo is the 4th most powerful woman in the world today. Her story lays emphasis on true values of life. Although she faced many hurdles while reaching the highest peak in international level, she walks with pride holding the dignity and honour of her most loved country, India.
Indra Nooyi's early life and career
While growing up with her sister, Indra Nooyi's mother encouraged them to deliver a speech on every night about what they wanted to be. After the speech the winner would get a piece of chocolate. This activity installed confidence and ambition in these little hearts, which helped them to pursue greater heights in the later parts of their life.
In college Nooyi was part of an all-girl rock band where she played guitar and sang songs. After two years of work with Johnson and Johnson and Mettur Beardsell in India, she moved to US with little money and safety net to pursue her higher studies in 1978. While studying in Connecticut she worked as a receptionist from midnight to sunrise. With that money she bought herself a western suit of US$ 50 for an interview at Yale, where she had just completed her masters.
Nooyi started her career in US with the Boston Consulting Group (BCG). From there she moved on to hold a position of Senior Vice President of Strategy and Strategic Marketing for Asea Brown Boveri, and Vice President and Director of Corporate Strategy and Planning at Motorola.
Indra Nooyi in PepsiCo
From the very start Nooyi moved with bold risks to gain the best price. She has played a key role in the Tricon spin-off, the purchase of Tropicana in 1998 and the fast food chain in 1997. As an individual she attributes most of her success to her upbringing in India. She honours her heritage by often attending PepsiCo events wearing a sari.
As staunch believer of faith, Nooyi states that success rests on threes important factors, "family, friends and faith." Although an entrepreneur of one of the biggest firms of US, Nooyi attributes her success to her employees. She views PepsiCo as her extended family and believes that to top the speed of competition an entrepreneur should attract the best employees.
Indra Nooyi and her family
Despite her busy schedules Indra Nooyi has managed to balance equally central responsibility as a mother and a wife. She still follows the traditional practice at home be it the practice of taking off shoes before entering the Puja room or any other simple Indian beliefs and practice. She attends PepsiCo board meetings in a sari, for she believes the corporate world appreciates people who are genuine. She has an ability to blend high-powered career with a family and her Hindu heritage. She lives with her husband and two daughters in Farifax County, Connecticut.
To this day Indra Nooyi banks on the true values of life that had been imbibed in her from her childhood. The most successful businesswoman in the world marks her identity with her tradition, unfeigned demeanour, perseverance and hard work.
1955 - Born in Madras, India
Indian born American businesswoman, Indra Krishnamurthy Nooyi, president and chief executive officer of PepsiCo is the 4th most powerful woman in the world today. Her story lays emphasis on true values of life. Although she faced many hurdles while reaching the highest peak in international level, she walks with pride holding the dignity and honour of her most loved country, India.
Indra Nooyi's early life and career
While growing up with her sister, Indra Nooyi's mother encouraged them to deliver a speech on every night about what they wanted to be. After the speech the winner would get a piece of chocolate. This activity installed confidence and ambition in these little hearts, which helped them to pursue greater heights in the later parts of their life.
In college Nooyi was part of an all-girl rock band where she played guitar and sang songs. After two years of work with Johnson and Johnson and Mettur Beardsell in India, she moved to US with little money and safety net to pursue her higher studies in 1978. While studying in Connecticut she worked as a receptionist from midnight to sunrise. With that money she bought herself a western suit of US$ 50 for an interview at Yale, where she had just completed her masters.
Nooyi started her career in US with the Boston Consulting Group (BCG). From there she moved on to hold a position of Senior Vice President of Strategy and Strategic Marketing for Asea Brown Boveri, and Vice President and Director of Corporate Strategy and Planning at Motorola.
Indra Nooyi in PepsiCo
From the very start Nooyi moved with bold risks to gain the best price. She has played a key role in the Tricon spin-off, the purchase of Tropicana in 1998 and the fast food chain in 1997. As an individual she attributes most of her success to her upbringing in India. She honours her heritage by often attending PepsiCo events wearing a sari.
As staunch believer of faith, Nooyi states that success rests on threes important factors, "family, friends and faith." Although an entrepreneur of one of the biggest firms of US, Nooyi attributes her success to her employees. She views PepsiCo as her extended family and believes that to top the speed of competition an entrepreneur should attract the best employees.
Indra Nooyi and her family
Despite her busy schedules Indra Nooyi has managed to balance equally central responsibility as a mother and a wife. She still follows the traditional practice at home be it the practice of taking off shoes before entering the Puja room or any other simple Indian beliefs and practice. She attends PepsiCo board meetings in a sari, for she believes the corporate world appreciates people who are genuine. She has an ability to blend high-powered career with a family and her Hindu heritage. She lives with her husband and two daughters in Farifax County, Connecticut.
To this day Indra Nooyi banks on the true values of life that had been imbibed in her from her childhood. The most successful businesswoman in the world marks her identity with her tradition, unfeigned demeanour, perseverance and hard work.
bonddonraj
Par 100 posts (V.I.P)
In the early twentieth century, the press was at the heart of India's freedom struggle. During those formative years, says Indian reporter Palagummi Sainath, journalism contributed to "the liberation of the human being." In contrast, he says, India's press today merely performs "stenography" for big business and the governing elite. As the economy surges, matters that call for the urgent attention of the public and government are ignored in favor of film starlets and beauty queens, the stock market, and India's famed IT boom. Sainath has taken a different path. Believing that "journalism is for people, not for shareholders," he has doggedly covered the lives of those who have been left behind.
Born in Chennai in 1957, Sainath completed a master's degree in history before turning to a life of journalism. At Blitz, a Mumbai tabloid, he rose to be deputy chief editor and became a popular columnist. In 1993, he changed course.
For the next few years, under a fellowship from the Times of India, Sainath painstakingly investigated life in India's ten poorest districts. In Everybody Loves a Good Drought, his bestselling book of 1997, and in hundreds of subsequent articles, Sainath presented his readers with a world that belied the giddy accounts of India's economic miracle. In this India, the harsh life of the rural poor was, in fact, growing harsher.
Sainath discovered that the acute misery of India's poorest districts was not caused by drought, as the government said. It was rooted in India's enduring structural inequalities-in poverty, illiteracy, and caste discrimination-and exacerbated by recent economic reforms favoring foreign investment and privatization. Indeed, these sweeping changes combined with endemic corruption had led small farmers and landless laborers into evermore crippling debt-with devastating consequences.
Sainath provided the evidence. He reported, for example, that the number of migrant-swollen buses leaving a single poor district for Mumbai each week had increased from one to thirty-four in less than ten years. He exposed the shocking rise in suicides among India's debt-pressed farmers, revealing that in just six hard-hit districts in 2006 alone, the number of suicides had soared to well over a thousand. He revealed that at a time when officials boasted of a national grain surplus, 250 million Indians were suffering from endemic hunger, and that in districts where government storehouses were "stacked to the roof with food grain," tribal children were starving to death.
Sainath's authoritative reporting led Indian authorities to address certain discrete abuses and to enhance relief efforts in states such as Tamil Nadu, Rajasthan, and Maharashtra. But his deeper message also struck home. In 2000, nearly thirty of his articles were submitted as evidence at a national hearing on anti-dalit (untouchable) atrocities. In such ways, he has touched the conscience of the nation.
India's press today, Sainath says, is "creating audiences that have no interest in other human beings." He is training a new breed of rural reporters with a different point of view. His journalism workshops occur directly in the villages, where he teaches young prot駩s to identify and write good stories and to be agents of change.
Sainath finds hope in these young reporters and in the resilience and courage of the people he writes about-such as the legions of poor rural women in Tamil Nadu who have overcome taboos and learned to ride a bicycle. To advance freedom, even small freedoms such as this, is the most significant legacy of the early giants of Indian journalism to today's reporters, he says. "I'm not ready to give up on my legacy yet."
In electing Palagummi Sainath to receive the 2007 Ramon Magsaysay Award for Journalism, Literature, and Creative Communication Arts, the board of trustees recognizes his passionate commitment as a journalist to restore the rural poor to India's consciousness, moving the nation to action.