There'll also be increased use of the Internet and multimedia-enabled PCs, creating huge demand for optical components like lasers, optical amplifiers, etc. Unlike families, professionals run businesses better' 'With growing competition from multinationals, the family businesses are left with no other option but to turn to professionals. India will ride the IT wave to emerge as a global super power. Information technology will make India one of the strongest forces in the world,' says P S Subramanyam, chairman of the Unit Trust of India while talking to Pritish Nandy. Old Economy is going to be right here' 'Privatising public sector mammoths in aviation, tourism and telecom industries will rid the country of national debt worth more than Rs 300 billion,' says Arun Bharat Ram, president of the Confederation of Indian Industry.
Fundamentals are strong in India.
The capital goods industry has turned the corner. Cyclicals are looking good. The Plan panel must stop just allocating funds and get involved in thought process as well' 'There are people who still can't get one square meal a day. And we talk about globalisation and liberalisation. Till such time as their condition improves, subsidies must continue,' says K Yerrannaidu, leader of the Telugu Desam Party in Parliament.