Published on Mon, Feb 20, 2012 at 17:00 | Source : CNBC-TV18
Updated at Tue, Feb 21, 2012 at 08:43
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Check out: How Infotech Enterprises made it big
There is no disputing the fact that 20 years of economic reform have radically transformed India into the second fastest growing economy of the world and the symbols of economic progress are evident all around us.
There is no disputing the fact that 20 years of economic reform have radically transformed India into the second fastest growing economy of the world and the symbols of economic progress are evident all around us. Look at the number of mobile phones, cars, two-wheelers, TV channels, malls or high-rise buildings all these are pointers that India is a happening place.
The consumption story has been possible because entrepreneurs could offer goods and services to eager consumers, who now have disposable incomes. In other words, the opening of the Indian economy has given birth to new class of entrepreneurs. The gratifying part is that this number is growing very fast. This new class of entrepreneurs have been able to slice-and-dice the market and in the process convert wants into needs.
If India was a cocoon economy, then one would not have had the likes of Kishore Biyani or a Subash Chandra, or a Sunil Mittal making it big in a short span of time. Economic reforms have not only launched thousand of entrepreneurs.
One such entrepreneur come into being in 1991, chucking his high-paying job the academically strong BVR Mohan Reddy decided to focus in the micro niche area of engineering R&D one global giant. Take a look at Infotech Enterprises' story and you will know how to make it big even if you are behind the scene player.
