The recent crisis at Infosys suggests that corporate governance in India’s IT sector has been slipping. Gateway House talks to T.V. Mohandas Pai, former CFO of the company, about what the Indian IT industry and the government can do to raise global competitiveness and remain recognised as centers of innovation
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The Chinese defence industry has emerged as one of the world’s top five arms exporters. It has come a long way from the early 1990s when it was characterised by inefficiency, corruption, and poor performance.
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on the $500 million fine levied on Ranbaxy by the U.S. Food and Drug Administration.
Often, many vital inventions are left incomplete or do not reach the market as information is locked up by numerous patent holders. How does this hamper innovation, and why is it necessary to overcome the attitude of ‘anti-commons’ and foster cross-fertilization of knowledge?
Doordarshan, India’s national TV broadcaster, has been long known for its low production quality, and the lack of a global reach. With India’s steady rise as an economic power, there is increasing curiosity about India in the world. How can Doordarshan promote India’s interests in the global market?
Though India’s approach to space has been pragmatic, it is hindered by a lackadaisical approach by policymakers. India must recognize the stagnancy and myopia of its space program and come up with a long-term vision.
If its space assets are used effectively, India could have a formidable fleet of five to 10 satellites dedicated for military use and dozens more for the advancement of its economy.
Over the past four years, China has switched from being an importer of high-speed trains to the world’s largest manufacturer. Much of this can be attributed to the transfer of foreign technology to Chinese state-owned enterprises. How have Chinese government policies and economic heft aided this effort?
China has affirmed its status as one of the world’s leading space powers by sending three astronauts into space this week. Should India – which has one of the world’s six major space programs – take efforts to imitate its neighbour? Can it develop such capabilities? At what cost though, and for what benefit?
India will do well to expand its positive and trust-laden cooperation with Russia in commerce, technology, and education, into a broader regional one, and establish a more meaningful presence in Central Asia. This will also assist in the future acquisition of energy resources in the region.