Wed, 14 Dec 2005
A bit more. . .
Jim Rogers style - business ideas/thoughts (yeah right- I wish I could write as well).
re US businesses:overhearing about Franklin Templeton in the hotel lets me know that they have a big presence in HYD. But their office seems chaotic from what I overheard. They probably don't need their HYD office. Their Florida team seems crazy too and probably feeds into the HYD team's problems. Note to self- never use Franklin Templeton unless I'm dealing with their Singapore office. Overhearing GM people from the US just re-enforces what everyone knows- GM sucks and has no clue about what people want or how to run a business. I can't believe some of the garbage they were feeding each other. And these were mostly US-based exec's! Overhearing Dell staff shows that Dell tech people from the US are more detail oriented than I would have guessed, and they have what seems like a tight run ship- on the other hand, they aren't as up on the latest tech things as they should be- thinking that a sling box is brand new technology shows that they don't know what techblogs are. . . They should hire more linux people too. They're too Windows-focused. re Indian businesses
the best opportunities here would be to
1) open a hotel catering to business travelers from the US and Europe, there's a shortage and their rates are high
2) construction construction construction- wow tons of it going on
3) opening a limo service (for out of town execs) and a taxi-service has a LOT of potential. All of the offices here provide rides for their staff via cabs- especially the call centers. They aren't efficient and there's a need for more that can handle a medium to large size office. The ones that are here are having problems yet due to demand outweighing supply they can continue to be late dropping off their workers because the companies have no other services to turn to.
4) infrastructure problems abound though- they need better power management- (electricity, backup generator companies, etc). But then again, so does SF.
5) one big problem though- you have to pay bribes out the ass here to get anything done. You'll have to have one Indian National to technically own the India-based office, as a separate corp/llc. You'd better really trust that person, or you'll get burned. Oh, and then you'll pay more bribes. See also Parties suspend Indian MPs filmed in TV "sting"
14 Dec 13:50 | /travel/india | 0 comment(s)
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