4 ms·
The "upward trajectory" we're all so familiar with is not (yet) as big a part of their culture yet. (I believe this is changing... the chronically online young
by kylehotchkiss 2y ago
The "upward trajectory" we're all so familiar with is not (yet) as big a part of their culture yet. (I believe this is changing... the chronically online young generation seem to be absorbing a lot more of international culture than their ancestors). The regulatory environment for any business is an absolute nightmare of hostile patchwork policies different in every city and state. When foreign companies come in, the government babus want to yell Imperialism! at every turn, which leads to 51/49 ventures being the way to go, which are overly bureaucratic.
It brings me hope to see shark tank getting popular there. Not to say the hosts or the contestants have been as honest as they should be, but it shows a big shift in mindset since India's 80s/90s economic policies