I recently did a trip to India to attend the Deloitte India Partners Meeting and the Deloitte Global Board Meeting. Spending time in India you become impressed by the entrepreneurship, innovation and opportunity in that economy.
The sheer numbers of people helps, but it is the attitude of developing business’s that can scale with low unit values that sets the country apart – new innovative models, many of which can be transported over time to more developed economies.
India is also looking at how it can become an even bigger manufacturing hub. Combining innovation and manufacturing in a 1 billion plus population base, says big things ahead for India. The article below from Forbes paints an interesting picture of India manufacturing incentives.