Cross-border acquisitions is one way for Indian businesses to attain world size and scale. But let's also not underestimate the ability of domestic consumption to create scale and global class corporations, too. Suman Layak writes.
If Bollywood were to script a movie about its life over the past two decades, it would essentially be the story of a baddie who torments everyone in the first half and then inadvertently ends up becoming their biggest benefactor. The baddie in this case would not be an Amrish Puri or a Prem Chopra but an intangible monster, Piracy, who torments Industry through the '90s, pushing it to the precipice and leaving it with no option but to fight back.
A new generation of entrepreneurs is at work across India, but several parts of the ecosystem need to be put in place to ensure their success.
By the end of the next decade, NREGA, the mother of all employment programmes, can help rid the economy of its two biggest problems—unemployment and poverty. Here's why it can achieve the impossible.
BT showcases five experiments that were flagged off in the past decade and have the potential to improve the quality of life of the masses — if they can scale up nationwide.
Technology has invaded the healthcare sector like never before. Can insurance make it affordable for all?
Private participation in primary and secondary education increased rapidly during the decade. But things can change on a large scale only if the sector manages to find the top talent it requires as good teachers.
When fiscal 2000 ended, the Indian software industry's exports expanded 57 per cent to Rs 24,350 crore from the previous year.
Manufacturing has taken some baby steps but needs to build on its DNA to make a defining impact.
Consumer spending in India has surpassed records by a mile this decade. As a younger, more confident India hits its stride, watch out for that needle move really fast.
The decade created unprecedented prosperity and the next decade will be even better. Government can influence just how much better it will be.
Retail lending took off in the past decade. In the next 10 years, it will come of age.
As farmers graduate from mere cultivators to investors, it will change what they grow and what we eat.
Though the decade began with a bug scare and ended with a scandal and a slowdown, positive events were plentiful through the first 10 years of 21st century. BT identifies 10 milestone events, and what they meant.