Wit Wisdom and Whoop

Those who do not learn history are doomed to repeat it. Right now, the Indian legacy business/ industry is going through exactly this – Do they take the path less travelled or stay on the same path and wait for a miracle to.   Let us step back and see the reputation of India in matters commerce. From time immemorial there is recorded and accepted information that India was a globally reputed trader, dealing in spices, silk and what-have-you across the globe. While the focus has been on commodities, high volumes, low prices, low margins and being global it is about “managing” the system and people at which we have become adept. Whatever chest-thumping we may do about having advanced technology fact is that in the recorded age India hasn’t been a technology leader. When Dr. Subhash Mukhopadhyay demonstrated the test tube baby in 1978 soon after it was done in Britain, the Indian system mocked him officially and drove him to suicide. It took a brave ethical Dr. Anand Kumar wh...