India Can Help US Reach Export Goal

With US aiming to double exports in five years, U.S. executives need to focus on the Indian market’s untapped potential, writes columnist Gunjan...

Jugaad management – Don’t fall for it!

I am STRONGLY OPPOSED to this unnatural fascination with Jugaad management style. What is Jugaad? It is an improvisational style of innovation that’s driven by scarce resources and attention to a customer’s immediate needs, not their lifestyle wants. My main concern is that for the past 20 years, collectively, all of us have been creating a brand name “India”.  From a ‘developing nation’ just two decades ago, we have transformed India to a powerhouse.  Today, the triumph of brand India is visible in almost all fields — with some...

investment, innovation and inclusive growth

Terry McGraw, the new Chairman of the US India Business Council (USIBC), in his address to the 35th Anniversary if USIBC stated that: We need to build a relationship that maximizes the free flow of capital, the free flow of goods, the free flow of services between our two countries. By expanding trade and investment, we have an opportunity not only to raise standards of living in India but also to create high-paying jobs here in America,” he said. This is especially important in the wake of the financial...

India US Corridor – Just the facts

The United States is India’s largest trading partner. In the first five months of 2010, the United States exported $7.5 billion worth goods to India and imported $12.0 billion worth of Indian goods. Major items exported by India to the U.S. include Information Technology Services, textiles, machinery, ITeS, gems and diamonds, chemicals, iron and steel products, coffee, tea, and other edible food products. Major American items imported by India include aircraft, fertilizers, computer hardware, scrap metal and medical equipment. The service trade between the two...