Special Report/Defining Debates Of 2011 | Jun 1, 2011 | 50460 views
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Jul 1, 2011
What Mr Govindrajan is saying is not new. Indian companies innovated with the Jugaad model cos they did not have resources. There are plenty of heartaches in low paid employees, overworked staff and several negatives that are a parallel reality of the Indian business community. Mr Govindrajan cites a $300 house. Such a house is definitely a possibility is the house was simply as easy as a $75 refrigerator. Unfortunately, as Mark Twain said..."Buy Land , they are not making them anymore" ...a house is built on a land, regulated by the state and profited by a large inert line of bureaucrats, politicians...so a $300 house is a possibility in a society that is fair..that is definitely not India where still 300 odd families run the entire show.
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