How not to woo money - A demo by Tamil Nadu .
Monday, December 12, 2005 at 5:43PM Recently saw the post by Kaps on Bill Gates visit to my hometown.
Yes, He went there to meet with some prominent locals.
Just as in any other place, my great home state of Tamil Nadu has two political parties. The ruling and the opposition.
Mr. Gates was in India on the request of a prominent Minister who happens to be affiliated to the opposition party. This guy is actually good, tech savvy and is the brains behind Intel, AMD, NOKIA and others even considering deals in India. Unfortunately, these politicians in India are in the habit of doing good deeds only if
a. they get the credit ! and
b. the other party gets penalized for not doing the good deed !
Wouldn't it have been great to have a bipartisan effort to woo Mr. Gates to Tamil Nadu and unload some stuff off his heavy wallet ? What a Shame !!
This is where we have to learn from the Chinese. We have a long way to go . . .
Reader Comments (4)
The chinese regime is completely different, Sundar. The single party is wooing the international investors there.. so, it is not a sort of credit which they need.. they just need more money to develop more of their nation.
In our case, they need votes and attention from the public and media.. that's why these guys are doing all gimmicks. Surprisingly, SUN TV showed JJ madam on day2 of Gates trip, since they were having teleconference with rural villagers.
Surely, we need to have some protocols being followed whenever any initiative is to be taken to invite an industrialist to our country.
The ministers at the Centre have to take initiative in inviting the industry leaders. There should be no competitition between Karnataka and Tamil Nadu although both the states in India could have shown the visting dignitary what is available in their respective states.
IN the end its not very easy to attract investors. Much like your country, malaysia too have everything done by the politicians. Sad but true, we cant do anything bout it. I think the investors themselves must seek ways to bypass the politicians and be genuine.
Of China, theyre just bullying the world into buying Chinese. One day people would know that cheap labor must not necesarily mean quality or safety.
ram c. agree with you on the difference between the single party chinese system and the multiparty indian system. but i have heard from friends and relatives who have gone on business trips where they have observed that the chinese officials dont let the investors go unless they have gotten a commitment from them. if they get an idea that the investors are not happy with the first city,plant they visit, they immediately whisk them to a backup option and close deals..
anonymous, you are right on the money.
ghost particle, welcome to this blog. but think the burden lies on our politicos to lure investors or at least promote the place as worthy of investment. anything that shows the place in negative light (pothole ridden holes, flooded streets) should be avoided or overcome in front of the investors..