It Is All About The Soft Infrastructure

The period from 2007 to 2008 was unique in many ways. In the midst of a big increase in oil prices, food prices had started sky-rocketing. As the food versus fuel debate was raging, the world became concerned with its ability to produce enough food in the future.

While the Malthusian concerns were at their peak, African countries like Madagascar and Ethiopia opened up huge tracts of land in their countries to foreigners for farming. One of my contentions at the time was that land does not grow food, people do. More...

Ecosystems, Clusters and Supply-Chains

India currently consumes $100 billion worth electronic goods a year. According to government estimates, this number is expected to go up to $400 billion by 2020. While introducing the discussion paper on the new electronics manufacturing policy, government advisor Sam Pitroda said that India's electronic imports could exceed India's oil imports in 2020 if India does not build an electronics manufacturing base. More...

Outlook For The Indian Rupee

Revisiting my earlier thoughts on the Indian Rupee, I am more convinced now than before that the Indian Rupee is likely to depreciate to a new lower band versus the US dollar.

Since my earlier post about the rupee in November, it depreciated to 54 rupees to a US dollar, rebounded to 48 rupees to a dollar and currently trades at 50 to a dollar. More...