Nurturing entrepreneurship in India’s villages - The McKinsey Quarterly - Nurturing entrepreneurship in India’villages - Strategy - Globalization

Posted On Thu, 06 Nov 2008 19:31:00 +0000. Filed in india. By Vaibhav Bhandari.

Nurturing entrepreneurship in India’s villages - The McKinsey Quarterly - Nurturing entrepreneurship in India’villages - Strategy - Globalization

“In general, villagers, particularly in the emerging world, have benefitted less from globalization than urbanites have.”

“Rural development is crucial for the overall development of a nation’s economy.”

“India should seek to empower its villagers and nurture entrepreneurial activity, while also taking advantage of its strengths in the private sector.”

Now wait a minute, what do you think of the following one - “Outright foreign direct investment, by Düsseldorf-based Metro AG, for example, should be welcome, as should joint ventures, like the one between Bharti Enterprises and Wal-Mart Stores. Such businesses”


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