To build, or not to build
The Nihon Keizai Shimbun, also known as the Nikkei Shimbun or just plain Nikkei, is the leading financial newspaper in Japan, where its status is similar to or higher than that of the Wall Street Journal or the Financial Times. No salary man (pronounced sa-ra-ree-man, the euphemism for overworked, gray suited men propping up the worldfs second largest economy. FYI, therefs no sa-ra-ree-woman) worth his salary would be caught without his copy of Nikkei. Not that he reads it. For reading pleasure he has the sports tabloids and the semi-porno mangas (cartoons). You wonft see Michael Jackson or his sister gracing its front page, unless, their antics are somehow affecting the share price movements of, letfs say, some lingerie manufacturer. Even there, the stress would be on the financial aspect and not on the sleaze. What I mean to say here is that this is a very serious newspaper.
Talking about news media, recently, there has been an increase in the number of news items related to India in various foreign newspapers. And like most Indians outside the country, I also keenly follow such news. Sometimes they make you feel good and sometimes they make you feel bad or angry. However, there are times when you feel confused. So it was with this small news item in Nikkei (April 10).
Here is the gist of the article headlined gAscetic training in Indiah.
gToshiba, a major electronics company, is sending its employees to India for training. NEC, another big company, is also sending its employees to India.h Now, isnft that something to be proud of. Usually it is the other way round. It used to be Indians who were going to advanced countries to learn stuff. Anyway, listen to the reasons. gGo and reinvent yourself in a place where power fails at least twice a dayh and gThe number of employees in a company with experience accumulated in a place where conventional wisdom wonft work will determine the strength of that company.h So, thatfs what they want. A kind of boot camp to build character in their youth who have gotten used to the good life for too long. Where else but India?
Still, a few things bothered me. First, where is this place with two power
failures a day? Mumbai? Maybe, or even Delhi. In Kerala, a day where power
fails only twice would be a very good day, calling for celebrations that
might include burning down a few transformers and power lines. So, if these
companies really want their recruits to excel, they should send them to
some place like Kerala.
Second, the person who gave the above comment didnft qualify conventional
wisdom as "conventional wisdom in Japan". For example, conventional
wisdom in India says that a man jumping onto the track in a railway station
is taking the shortcut to the opposite platform, whereas, in Japan, itfd
halt the entire railway network, the guy is probably dead and (Ifm not
sure about this) his family is saddled with a fine of millions of yen.
So, what he should have said is ga country with a different set of conventional
wisdomsh.
The third thing that bothered me was related to the aforementioned spate of news about India in the world media. These news articles usually have words like IT, outsourcing, call centres, back-office, English-speaking, cows, poverty, less than a dollar a day etc. etc. with the odd Bollywood news thrown in once in a while. Many of them, however, inevitably end up comparing India with China and India ends up the loser in most cases except for the perfunctory mention of Indiafs democracy, which again is sometimes seen as a negative that holds up the reform. The gleaming cities of China as opposed to the dilapidated, obsolete infrastructure in India. And just when our leaders, after noticing these news items, are trying to get the infrastructure thingy going, Nikkei comes and tells them, gHold it. Here is a business opportunity if ever there was one.h This has put them in a quandary. gTo build (infrastructure), or not to build: that is the questionh.
P.S. A similar confusion was sowed in my mind some time back by New York Times, which condemned India for changing its drug (not cocaine guys, but medicine) patent laws to comply with WTO rulings. To be fair, they also mentioned the lobbying of American and European pharmaceutical companies. Signing up meant that we couldnft manufacture cheap knock-offs of medicines (largely serving the needs of poor countries, including India.) So, whatfs the deal here? Is it OK to make knock-offs or not? If so, whatfs the big deal with pirated CDs and DVDs or software or fake Louis Vuitton bags?