The time is now
The Internet has created an opportunity which is desperately knocking at Indian doors. If it is grabbed now, ensuing years will witness the domestic business donning a different face. For instance, ERP is now available very cheap. But surprisingly, till date, only 500 Indian companies have implemented some kind of ERP packages. There is no tangible reason why the rest should wait anymore. Coupled with B2B e-commerce models, the levels of efficiency and ingenuity that can be achieved is inspiring.
Indian minds are exploring the frontiers of what is possible in Silicon Valley. All that corporate India and the government need to do is wean them with the right incentives.
Unfortunately, recent surveys indicate that Indian companies are still not mentally ready to adopt the potential technology offers. It’s time they grew up. Else, a few years from now, they will have no one to blame but themselves for not securing their place under the sun.