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Started by : Isha Verma, Sales/BD Manager, Larsen & Toubro   12 15 2009 12:08:32 +0000
Industry : Industrial Products/Heavy MachineryFunctional Area : Productivity & Performance(Strategy & Execution)
Activity:  53 views;  last activity : 07 06 2010 20:18:09 +0000

We have heard too many times that India is a land of huge potential. If the statement seemed routine in the past, there is a definite shift towards realization of that potential in the days ahead to come. I believe that Goldman Sachs BRIC report was the first tangible recognition of the fact that India is moving from potential to possibility. The underlying catalyst for this is obviously the changing economy and demography. One also needs to understand the buying capacity that a considerable number of Indians enjoy today.  So how to convert this huge potential into huge possibility? How can India progress now?  It should be something like the Road ahead for India in the coming days? Share your views like what do you think that needs to be done to tap that potential we are talking here.

 
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1 Change the education system in the country
2 Increase entrepreneurial activity
3 Change in attitude is required

Change the education system in the country

idea posted by Isha Verma Sales/BD Manager, Larsen & Toubro

It is said that for any country to prosper in terms of its potential which matches on the world stage there has to be a strong synergy amongst the government, academia and industry. The education system has to create the next generation ready to address the market demands. The government must put priority on electronics design and manufacturing as a national agenda. Finally, Manufacturing has to be a key component of this exercise.

Why manufacturing I will give my supporting argument for that.  If one looks at the history, it will be evident that in the US and other developed countries, government played a huge role in the development of the high tech sector through its national laboratories and defense investments. Lets take a closer look near home, in countries like, Japan, Korea, Taiwan and China, government has taken major steps to promote electronics as a national program be it in telecommunications, SoC design, chip start-ups, incubation or local manufacturing. Even in a small country like Singapore, their government arm, EDB, plays a significant role in promoting the high tech industry.

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increase working times , increase employee in all industry those candidate who still not getting employeed due to few weakness provide them job

by this only we can increase the progress of our country b'coz difference between india and foriegn country is only that they should do work for 24 hrs but we are doing work only for 8 to 9 maximum this is the major weakness in our  country progress

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Increase entrepreneurial activity

idea posted by Sudeep Tarafdar Senior Consultant, IBM

I think there is very less activity in this regard where entrepreneurship is not getting the right attention and focus from the concerned people. I must admit that it does seem a bit muted at this point of time. Not because we lack intelligent risk taking people but for entrepreneurship to succeed one needs seed capital at an early stage. There is definite dearth of such funding and hence we are limited. More over no one wants to invest in traditional business formats. But then these days people are interested in areas such as green and clean tech, renewable energy, low cost medical electronics, there are still interesting opportunities which are finding investment.

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by Surendhar , Mechanical Engineer-HVAC, MJ Associates  | 12 16 2009 11:49:30 +0000

I agree with sudeep. To be true Indian parents want their childrens to study well and get a good job. In the school their screwed up with lot of studies. Most of us fail when we enter the real life, because we don't have right guidance. two years ago APJ Abdul kalam insisted Entrepernership development program to be part of the study. It hasbeen encorporated in sylabus. this gives fair idea how to start an industry, what are all the qualities necessary to become an entreperner. This will in many ways help students about the subject.

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Change in attitude is required

idea posted by Navneet Gupta Software Developer, LISPL, Lucknow

I think people in our country are not holding attitude that will let our country grow, we already lack the feeling of patriotism (exceptions are everywhere)  we are deeply influenced by ethical, communal, religious beliefs and values and we are not able to evolve from this. Moreover,our people are sort of greedy person they run after money not whether there act is a part of nation building act or not. We should try to invest our energy and time to make an smarter India by implementing our skills and knowledge, if we are able to do something better and that too must be sustainable then we should think our contribution worthwhile. An act done by a public figure plays a very important role in building an attitude of a young person so education system must promote public figures more rather than statistics. And electronic media should hold some responsiblity to try and motivate people to make atleast the minimum one can give to the nation.

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