The Asia Society invited me to give a snapshot of business opportunities with India last Thursday. Tejpreet S. Chopra, the head of General Electric India’s $3 billion business is visting the USA and he spoke about the disruptive innovations happening in India today. He also talked about how Western companies such as GE and others can play in the Indian economy. GE’s research center in south India now has 5000 scientists and engineers who have produced major innovations for the company such as a low-cost EKG machine and improvements on the GE-Nx jet engine that powers the Boeing 787 Dreamliner.
India Journal reported on the event and on my comments “Chopra’s address was preceded by a quick review of the recently released book “Doing business in 21st century India” by author Gunjan Bagla. He explained how Asia has been misunderstood by politicians and the press.. On the other hand he explained, in a few nuggets that globalization has been good for the world and in reality has created and saved many jobs in the US.”