Editorial: India unleashes its global brands

New economies are creating new rules in the world of business and India, now the fourth largest economy in the world, is no exception.

by Morice Mendoza, editor
Last Updated: 23 Jul 2013

After decades of slow growth, the Indian juggernaut has been unleashed by the process of economic liberalisation instigated by the government in the 1990s and Infosys is one of its shining beacons, says CEO Nandan Nilekani.

Indian employees at rival companies, some of which are global brands, will not hear a bad word about the company. In part, this is because Infosys, now one of India's most respected IT services companies, built its extraordinary rise on international standards of governance, transparency and ethics, as well as innovation and service delivery. Much of this is due to the input of the charismatic co-founder Narayana Murthy.

So far, the company has been able to take advantage of the huge global growth in demand for offshore IT services over the last couple of decades.

But now, as the leaders of the company are only too aware, they are competing for new business with companies such as IBM and have to find ways to increase their range of unique services.

Our special report on India profiles other rising stars and also investigates the difficulties the country faces in the development of its infrastructure.

If it can tackle these problems successfully, we can expect India to rise and rise on the world stage.

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