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A Diversion from Economics and Business

The Oz commissioner made rather a spectacle of himself on Indian Television yesterday, denying racism, denying the turn of events in each serial case of mugging of Indians , on the rise in Australia even as Stephen Roach himself stepped in to ride over local cover ups and fess up to it looking racial. Does that make this threat go away?

My Name Is Khan - Press Conference

Closer home, the local Mumbai underworld watched on as close contestants to their throne, the right activists of the Shiv Sena and MNS brought an Anti-Muslim anti-Marathi flavour to the release of  SRK’s latest magnum opus for the common man, My Name is Khan. Otherwise in genre and emotional connect, the movie parallels the Rs 300 crore ($75m) super grosser 3 Idiots from Aamir and Vidhu Vinod Chopra and rides on a probable $4-5 million market overseas against the 3 idiot’s  $2.5 m and the Slumdog’s millions ( which were a pleasant shock!)

Update: The movie has already broken records with an International opening weekend of $1.9 million iin the US and $1.6 million in UK its $5 million internationally surpassing the Idiots’ likely $3 and providing hope to the $20 million purchase of Murdoch’s Twentieth Century Fox. It has also done $17.5 million in IUndia in 4 days since its Friday release

Worst, the Oz gene was also recently exploited by US food brand KFC, bringing the meme of colored to fried chicken after a long time. The Caucasian race seems to have that fun loving element that loves the NFL, the Slumdog and the rough and tumble of a struggle but it also has a seemingly sensitive nub that is vastly violent in the face of a global citizen crossing parochial boundaries and winning against them or the world in general.

Though Indians or the Chinese cannot mirror that scale of personal violence, they still have that aggression in such unwanted pockets.  Being a Banker/ Shadow Banker, I directly think of Money Laundering and the Pioneer act for countering such activity. Afterall, these splurges have to be financed at the next stage to become cognizant threats.  The story of the average immigrant making it big throws you back to what Count Dracula must have faced when he landed on the shores and I do not want to pick from personal experience.

To us, and such a crop of global citizens exists, we are global travelers who can use technology to their benefit and and in meetings and in board rooms, we find that a good idea usually wins business over. And that is the state the world must return to, whatever it takes in terms of global leadership hiring and talent management. It must also continue to be the rule at Conventions, Seminars and Award Ceremonies and neither side should exploit this flavour. It must not become so that a Cisco router should deny international travel to people of any race or point of origin, isn’t it? But then frankly, I’d rather have an Indian manager running things in an Indian company. Not just because he understands or any such half reason.  And an American then wants anyone except the Chinese, or ..and the list gets longer.

Social networking has to lead the revolution in these causes, like in Iran and East Europe last year. Personally, I know many people from Boston wouldn’t travel to the Mississipi for work even today. But we Indians are a little tougher that way. And we find it difficult to sit in one place. It is the Global Mandate. Think about us. The new economy survives a lot on sharing of ideas and thought. And no one can own the locals, no one wants to.

I find the complete habit of Outsourcing itself pretty racist in outlook as insecure consultants hanging on to their jobs in the perp company ( the outsourcer ) in this case try to strip the job of all possible content before shipping it to Asia for the factory model. I do apologise for perpetrating the myth as I know better from the inside, but that flavour is there for the media and the muggers to savour and one such fling would give it that ‘color’

Anyway these random events will happen as more and more realise that the world is moving on, at a faster clip and that they have been whiling away their resources, when the gravy train was boarded.

It’s just controversy, and it is not killed only because of the good nature of governments and citizens ( if there is any?) but because finally crime doesn’t pay. I doubt if you can stop it once it becomes paying, right?

On a slightly different note, these flavours are also accentuated by self interest on the part of the negotiating parties. On a microscopic scale, The Oz High Commissioner to India is engendering those, on a larger scale, US and European negotiators heightened it in Copenhagen when India, Brazil and China had a fair proposal on who should be saving on the carbon.  Then, probably the Climate conventions Pachauri is to blame for spicing up the stats on such a matter of global import.

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Lifestyle Infrastructure

One of our special themes at the Advantages weblogs has been our assertion that US, India, China and most of the rest of the world that is growing

is likely to do so on the basis of a consumption revolution. Below is out insight piece that opened the chapter on India's final coming out that was much awaited but wasn't really happening till 2009..

The Commonwealth Games Infrastructure Train

A few years ago, when the Indian women shot Gold in Commonwealth Hockey and our aim in general started consistently being medal grade, we won the bid for New Delhi to host the games in 2010. This business of infrastructure had been mystifying sportspersons for decades in India; none too easily supported by the overarching smell of rent and inadequate facilities for local sports persons historically.

Even today most sports would bow out in front of Cricket and that is not a full-fledged event at the CWG, though there is still a toss-up for the T20 version to be added. Like most other spheres of life, China has been doing it higher, faster and stronger, having already held the challenging Olympics in 2008 earning over $2b for Beijing, the host city.

The story is quite public and you must have all followed it at least since August 2009 when the first few fistcuffs were exchanged regarding the lack of preparations for the CWG event now just 6-7 months away. The Sports Minister and the Games Organising Committee Chair Suresh Kalmadi has variously ben painted and vilified while we look at the rejuvenated parts of Wembley in London and survive on facepaint and cheering the local IPL franchise in Cricket games. The painting of events apart we just thought it important for Sports and Tourist infrastructure worth $1.5 billion to be included in the India story at about this time.

This preamble would survive your taste buds and your snipping scissors in the mind and we�ll come back right after lunch is over for you..

And the Original piece..follow up article on our Lifestyle Economics stream

If you have been following the India story closely, India�fs new developments are focussed on Infrastructure and Retail along with giant leaps in the Entertainment business. You can look closely at the India stories athttp://advantages.us/inframils to get a flavor of what�fs happening in Indian Infrastructure

On the other hand Retail Lifestyle businesses are increasingly attracting investors�cRural Markets may grow at a faster pace at least on the Drawing board. �c Where is Investor access? Why is it still on the government to make it happen? The FDI limits and the others are fairly rational policies..but where are the investors?..

Nanos will roll into homes by July end and IPL teams are already applying for trademarks as it looks set to become the greatest sporting extravaganza in the world, already ranked at #2 behind the NFL season in the USA. The 3G challenge will tear at Telecom companies�f profits in the coming years�c

10-Year-Old Girl Scores Hole-In-One at US Kids Golf European Championship in Scotland
(The image is of a young indian golfer in Scotland)

BUT, Importantly, India caught on to serious lifestyle investments early in 2005, Today with the debut of Cox and Kings IPO..

Where it is now?

Towns like Jalandhar, Ludhiana in Punjab, Jaipur and Agra on the Golden Triangle and such state capitals, heritage and business towns like Ahmedabad, Surat and Nagpur present a unique opportunity for Indian hospitality business to scale up, esp as Indian railways, india�fs aviation footprint and the road infrastructure will follow in step with the boom. Note: The Indian Maharaja with TC, Maharajas Express with Cox & Kings, and the other two luxury trains have started first season bookings quite well and money is being spendt to add gym and pool to the Palace on wheels as well ( More here ) Golden Palace started from Bangalore is not doing so well apparently. The Maharajas Express for example is 84 persons at an average of $1000 per night for a 7 day- 8 night tour between Mumbai and Delhi

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