Friday, January 11, 2008

Taegu Tec

This morning, we got a guest speaker coming from Taegu Tec. It is a multinational company with the primary business in industrial cutting tools. Dr. Krishnan did mention some of the brands that they sell to U.S. and England, but I can’t exactly recall the names now.

It was a very interactive lecture. One thing that makes this lecture memorable was when Rajiv asked what the significant changes in India were for the past 7 years that make businesses optimistic for the future given that India’s infrastructure is not all that great compare to U.S. Although Rajiv did say that India has gone through lots of changes, but as we were coming from a developed nations cannot see. So, listened to another experienced individual's perspective on this was exciting to me.

He gave three reasons, but I can only recall two now. First, the open up of the Indian trade in 1998 saved the economy. Secondly, the current government’s contribution to the aviation system that makes it easier for citizens to travel, which I couldn’t agree more to. Indeed, I think India needs to make the entire infrastructure better, especially roads, so the travel will be easier for the citizens to commute from one place to the next. If the Berlin wall fell in order to spread democracy, then the infrastructure in India should be a piece of cake compare to Berlin wall. I know it does take time to make it happen, but I figure I need to sound my voice given all sorts of road conditions I’ve been on in India.

In addition, with the respect to the flatter world, transportation is one of the important factors to help the world to become flatter. So the suppliers could deliver their products on time, and the management could operate on just in time instead of just in case. I don’t think many businesspeople or tourists would enjoy the bumpy roads we have been on. It was bumpy!

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