Then, the revolution came back. The bigger lesson is how this is going to transform the old economy. Transformation of the old economy is not like Tata putting a little subsidiary for e-commerce. Walmart e-business is also not about what you are doing today. E-business is about changing the rules of the game using Internet.
Cisco is a good example.
I feel the brick and mortar companies can acquire the capabilities of e-commerce. Coming back to India, I would say, supporting only the information technology sector at the expense of old economy will be a serious mistake. That's because it is the old economy that has to be transformed. All Rights Reserved.