Welcome to the motherland – musings about my book tour

I write this post on the flight back to London after a mammoth visit to India and Singapore to promote my book. Gliding at 30,000 feet, I thought that I should write this before I forget the details I wanted to convey.

THE DELHI DURBAR
The visit started in Delhi, which I’ve enjoyed visiting for many years. I find the people I meet somewhat more relaxed than those in Mumbai, perhaps even more sophisticated in their dealings – all very unsurprising as Delhi is home to the thousands of civil servants, government officials, and parliamentary types – behaviour that is to be expected from an outwardly looking city.

But, this time, there was a marked difference. On the faces of the people I met, there seemed a massive anxiety, which when explored further centred on the Commonwealth Games, which are to be held later this year in the city.

The roads are gridlocked, hotels are overflowing and packed to the rafters, stadia aren’t finished – and on top no one seems to be articulating what the legacy from these games will be. One of my friends swept my observations away by quipping: “don’t worry, we’re a nation of 1.3billion, if required we’ll hand everyone a paintbrush to finish the job in the week preceding the games”.

The event at the Reliance TimeOut bookstore in Gurgaon was great. It afforded me the opportunity to practice my script and prepare for the big event hosted by the British Council the next day.

At the event in the British Council, we had a great line-up of speakers for the panel discussion. I was invited to deliver the keynote address and thereafter moderated the panel discussion, which included some heavyweights like Siddhartha Vardarajan (Strategic Affairs Editor of the Hindu), Saurabh Srivastava (Chairman, Computer Associates, India) and Rajesh Shah (Chairman of Mukand Steel and former President of the CII).

The discussion touched on themes like China, entrepreneurship, the future of family owned businesses, which the panel seemed to relish tackling. Quite a few people commented on the quality of discussion, which I too thought was incredibly good, if not fantastically moderated 🙂

AAMCHI MUMBAI
This was my first visit to Mumbai after the 26/11 Mumbai attacks, and it was brought home to me as a result of both book events – 24th & 25th being hosted at the Taj Mahal hotel – the centrepoint for the attacks.

One of these was on the Terrace of a venue called Chambers, which was written about quite a bit in the aftermath of the attacks, as it was one of the places in the hotel that a lot of lives were lost. Without commenting on the emotions that were running through me, suffice to say that at the end of the evening I had a tear in my eye and a lump in my throat.

The following evening was easier to cope with. The CII hosted a great event which saw that a number of embassies and consulates were represented. More than anything, I invited some friends who had moved to India from the UK, with who it was great to catch up and re-live the good times.

Mumbai’s quite a place. On one hand you have the Dharavi slum – Asia’s largest slum – and on the other you have the best that money can buy. Despite knowing this and having experienced both extremes during my many visits before, I was struck by the same during this stay. Mumbai is in fact not one but many, many cities with several faces to show – all of which became more evident as the evenings progressed (I’ll leave it at that for now :).

Lecturing to some of India’s brightest MBA students (at NMIMS) was as expected – great. To qualify for admission into one of these premier institutions takes a lot, so it was no surprise to see a class packed with phenomenal intellect and intelligence. Their questions, and also the discussion that ensued was eye-opening for me as their command on the subject was terrific.

VIBRANT GUJARAT
The Gujarat Electronics & Software Industry Association (GESIA) invited me to deliver a keynote address in Amdavad to an audience packed with some seriously influential people. The event ran on the lines of the British Council event in Delhi, with the only difference being that the book was released by three Secretary level bureaucrats – all of whom run massive state government departments in Gujarat.

Interestingly, the book launch took place on the 600th anniversary of the foundation of Amdavad City, which resulted in a massive celebratory event on the waterfront, which is being redeveloped in a major way.

One of the criticisms of the book is that neither Kamath nor Ramadorai are entrepreneurs. They were corporate professionals who lead their respective firms to global success. So, one of the questions that was posed to Ravi Saxena, Secretary for IT was whether this was a valid criticism. In his response, he rightly knocked the stuffing out of the question by demonstrating through examples of how some of India’s most successful enterprises are in the public sector run by public servants!

SINGAPORE SLING
The thought of opening an office in China fills me with fear, however it seems Singapore may be a great destination to get started, as it’s on the China trade corridor just as the UK is on the India trade corridor.

I was invited to speak to Aventis Business School, which is part of the New York State University, and the SP Jain School of Management, which is a leading MBA school in that part of the world. Naturally, I had to amend my messages for this visit, but I kept on being probed about the China Vs India theme that emerges in my book.

I have a few friends and relatives who’ve moved to Singapore for work, and used the opportunity to catch up with them. More than anything, what came through was despite the great lifestyle that can be afforded in Singapore, there’s no substitute for a city like London or New York.

MEDIA
One of the objectives was to drum up as much publicity as possible for the book, and I conducted interviews with the following:

Zee Business
Zee News
UNI TV
UNI Bloomberg
Press Trust of India
DNA
Sandesh
The Economic & Trade News
Hindustan Times
HT Cafe
IBN Live
Strait Times
Tabla
Asian Age

All of which, I’m sure, will begin appearing from next week. So keep upto date on www.indiaincthebook.com for the articles as they appear.

Elections in New Delhi

Why is everyone saying that Chief Minister Sheila Dikshit is going to lose Delhi’s election? 

I was in Delhi since last week and just can believe how political chit chat dominated a reception hosted by Sir Dickie Stagg, British High Commissioner, at his residence on Tuesday evening. I’m not referring to British politics and the fortunes of Gordon Brown, but firstly of Obama (who’s since won the contest) and secondly of Sheila Dikshit, Chief Minister of Delhi.

 

As per my knowledge and experience of Delhi, she’s done very well in her tenure of ten years. I can’t believe the change in climate – less smog and pollution, a brand spanking new metro network, the commonwealth games etc. For this reason, I just can’t understand why everyone is saying that she’s toast. Not one person has said that she’s going to win.

 

The challenger, Dr Malhotra of the BJP, has a good reputation and from what I’m told,  heralded some positive changes when he ran Delhi as a civil servant in the 50’s. Since then, he’s climbed up the political greasy pole and is the Deputy Leader of the BJP in the Upper House of the Indian Parliament. He’d make a good Chief Minister. His credentials are good. But, we also know that no matter how good a challenger is, the burden lies with the incumbent, it’s Sheila Dikshit’s election to lose. At least, that’s what political wisdom would suggest.

 

I can understand the reasons why Obama ran a campaign promising change, but I really can’t understand the basis of Delhiites demanding political change in their city.

                    

Any ideas?

Anil Ambani Fixing Creaking Infrastructure / BBC World Business Report

Was interviewed on BBC TV’s World Business Report yesterday on the issue of Reliance ADA committing $7bn to strengthen their company’s ability to win more infrastructure projects in India.

Asked whether this ambition of Ambani Jnr is a nationalistic move – I had to point out that Indian’s make astute business decisions. First and foremost, take a look at the market. From the moment you land in India, you can’t help but observe the huge challenges India’s creaking infrastructure poses to her global emergence. Some commentators peg the opportunity as being a trillion dollar market.

Having local market knowledge and experience, it goes without that saying that Mr Ambani is well placed to compete in this market. Indian’s may be emotional and patriotic, but you shouldn’t mistake this decision to be anything but a business decision. Investing $7bn to capture a larger slice of a trillion dollar cake seems a good decision.

The Indian Government will be keen to attract global firms to participate in these mega infrastructure projects. Whilst these global firms possess expertise and specialism, they struggle immensly in India for the simple reason that they don’t have local knowledge. They don’t know how to navigate through the cultural maze. This is why we’ve set up Chase India and The India Briefing Centre to help global companies crack India.