Monday, September 15, 2008

'Seven changes in business model can be undertaken by the bank management'

‘India growth story is intact’

Mr Saurabh Tripathi, Partner and Director of Boston Consulting Group (BCG), Mumbai, reminds us that India, for long, was a 5-6 per cent growth story, and that a dip to 7.5 per cent (from 9 per cent) is not such a bad state to be in. He believes the India growth story is intact and says that there are many areas where Indian companies will show the world a different way of doing business.
While consulting has not matured as an industry in the country with huge under-penetration compared to more mature economies, he says the consulting share of emerging markets (including India) will go up in the future.

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