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Indian business community must introspect.

Indian business community must introspect.
For centuries they avoided innovations and refrained from providing quality to consumers. Shopkeepers had known to be most arrogant and inconsiderate towards clients. Depriving Indian consumers options to choose best product his money could buy, will be undemocratic and unjustifiable.
Many Indian businesses are standing up to the global competition with offerings of quality products. That should be the spirit. You want Airtel n Mahindra to go global but don't want Walmart to compete here. Wah.
In 1947 av. salary of Indians used to be in range of Rs 50 to Rs 100 so were commodity pricing. And Rs value was administered. Even today if foolishness prevails one Rs can be matched to one dollar by Govt orders but consequences will leave you way behind in deep pit and economic slavery. Politicians cleverly play on public gullibility.

(10/01/12)

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