Innovation Notes from India

August 20, 2010 at 6:53 am

After seven trips to India, Innosight’s Scott Anthony shares his observations about the country he considers the world’s next big innovation powerhouse.

While in India last week, I gave two talks—one in New Delhi and one in Mumbai—as part of a “Thought Leadership Series” sponsored by Transearch and Harvard Business Publishing. I also visited Village Laundry Service, a business we launched in 2008 to provide affordable, high quality services for India’s booming middle class.

The week started with a successful, and somewhat controversial, IPO from SKS Microfinance, one of the leading lights in the microfinance industry. (The controversy relates to whether the social mission of microfinance can co-exist with profit-seeking enterprises). And it ended with New Dehli’s newspapers fielding questions about whether the city would be ready to host the Commonwealth games in October.

It was my seventh trip to India in the last 13 months. I don’t consider myself an expert, and my trips have been limited to just a few big cities. Still, I thought it would be worth sharing some of my notes from the field. I jotted down six thoughts on the trip home.

SOURCE: Bloomberg Businessweek, August 13, 2010

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Entry filed under: India.

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