Ad Here  
Contrarian cousins Land reclamation from sea appears cheaper! Lalu’s envy, India’s pride Discoms deserve better… When nations steal growth from one another… Cleaning Ganga – relocate tanneries and install electric crematoria The star of Spencers is no more More heat than light Preserving for the future All eyes on Sankara Nethralaya Delhi is distant… Fuel for thought Sri Lanka votes for change Maximising the micro pricing … Road development slows down The ‘Jayanthi Tax.’ PC’s preference for professionals Tough task taking states together Small units prefers to remain small... Online not in line with brick and mortar businesses... No Maha Koottani in TN... Infrastructure funding – lessons learnt Rs.1600 crore paper board plant of TNPL Modi and the lady Padma Bhushan for A Ramakrishna There was flood of milk. Reason: no milk commissioner! Revive development banks... Shale gas and its shallow future Kinetic Karnataka Editor's Says Put expensive assets created to use... Should we change the official year? Excel Generators provide the vital back-up Valli, they are more marginalised A friendly business group Limit foreign borrowings to hi-tech, export potential projects... Adharma of opposition politics Demise of a media baron... TN accounts for the largest recruits by the IT sector Diamond jubilee of Egmore Samskrt School Roaring Ro-Ro facility Intellectual of rare qualities Protest masters... Noble nonagenarians... IPL - no surprise this scam Return to king coal for urea... Making ‘my Amaravati’... A professional at the helm of IRDA... CII projects higher growth… Russi Mody – a tribute A more liberated TN… Bihar elections - the Rajaji formula worked Air Asia India will set new benchmarks for budget travel Shaming of Tamils by Tamil farmers at Delhi Recognition to role of NBFCs.... Tatas moving out of urea production... Scientists urged to take up farmer-oriented research Tribute – UCAL Selvan… PPP mode for upgrading Corporation Hospitals This scant respect for Law Engineering seats go abegging How Air-India loses customs... Kulandai was a giant Eternal support for capitalisation of PS banks Naidu will soon build a new Hyderabad Rahman at CIC CSR and CMI: promise of another Srinivasan Ramanujan... Delhi returns to BJP Waning interest in public discussions… No engine for this car Breaththrough in malaria control TELANGANA at last…BUT West Bengal: mindless malignancy Measuring roof tops in terms of KW/MW Modi storms Silicon Valley Five star activism stalls development activity CRS, a jewel among managers, is no more. Medical costs hit the roof... The few handicaps... GM Technology at last! Solar, solar everywhere … Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Shanti and Sadhana through Music Why land prices zoom in TN? The balancing act Parliament in paralysis... Funding the un-funded A C Muthiah – his munificent bequeaths to science L&T- the specialty of special purpose vehicles An inexplicable neglect A yen for wastage… Multi-faceted Venkat F C Kohli - his concerns all embracing A rich pool of talent not utilised…. Focus on quality of power - its only around 170-180V The Ports’ Pasha expands into Tamil Nadu Don’t seem to feel the pulse… Tribute – M V Murugappan When TN politicians can emulate Kerala's The Swadeshi Trump Alexa – Talking Wikipedia Quality education through the PPP mode Bihar – Nitish Kumar adopts the Lalu model Make standards certification mandatory... Another Indian music maestro at the UN Tax agriculture Polls and promises Lesson from Chandrababu Naidu Readers' Mail When small is no larger beautiful.. When the President was rendered homeless… Plummeting profits of PSBs Kudos to NDTV... Muffled voices for merit… IAS invades NDDB... Dr C Rangarajan returns to Chennai China invests in India A proud Madrasi B H Kothari - a tribute EEC at the National Media Centre Why this malaise in medical education? Remembering Indira Sivasailam... When Ratan Tata visited SRM Where a state respects its litterateurs… Fall in crude prices help in oil sector reform The brown list of Venkitaramanan Align crops to agro climate endowments… Nuclear power at the nucleus Vibrant Gujarat More Shakthi to Das’ elbow …and of a popular trade leader The ‘Ayyo-yes’ is no more TN – agglomerate land holdings without alienating ownership IPL type auction for VCs? Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Telangana in top gear… Towards speedy justice Cement prices continue to rise… The sea- saw battle continues... Fortune for Indian Airlines Inflation: are we emulating Argentina and Brazil? EVM is tamper-proof Banning booze... Welcome changes that testify to Jayalalithaa’s return to health Odisha: spectacular win by Naveen Patnaik R Sridhar steps down as CEO of Shriram Capital S Ramanathan – a versatile musician, musicologist Airlines in India: cost and space Delhi Chalo... Sweeter prospects for sugar Marketing expert Balagopal is no more Secularism and anti-Hinduism Sweet news for TN sugar mills The nuclear option Godspeed, Chief Minister JJ He continues the focus on social amelioration London, London Narayan Silver Years of Madras Musings Like Hinduism: many paths to reach God... A Grand Finale for SN’s MS centenary at the US… Robber barons everywhere Build close rapport with business leaders Naidu’s return augurs well for Seemandhra Whistle-Stop Tour of Raghuram Rajan CIPET hqrs to stay at Guindy – for the present? A Grand Finale for SN’s MS centenary at the US… SoA @ 80 WTO Meet: resolved to meet again Gas is the way forward Strengthen the base... Moily’s bold thrust S V Raju – a ‘good’ true liberal The power-full Hindujas The rise and fall of Annamalai University Tribute Shipping woes of Chennai companies Cutting the nose to spite the face Which side are you, Montek? No mega rail project for Tamil Nadu Mersal magnified Quality silica from Neyveli Wanted: a second airport for Chennai Pharma – overdose of copying Haul over the coal Liberal imports idling indigenous capacities Revving up the manufacturing sector Welcome thrust on trade in Modi’s foreign visits... Insurance companies bleeding, yet no decision on increasing FDI limit! Convulsions in The Hindu to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines ONGC at KG Basin The Gulf aviation boom Editor's Notes When online building permits work…. Boy, can you beat these? Poor quality of university VCs TIAM turns a full cycle MHC should not return to its old indisciplined ways New IT products of Ramco in the pipeline… TN-leverage strength of BHEL, NLC... Tribute – Manikam Ramaswami A welcome initiative by the judiciary Tihar, Puzhal not different from Parappana Agrahara The why of tax incentives Welcome focus on core competence Streamlining mandatory third party cover Gay abandon in pricing Adapt Vajpayee dinner diplomacy Fortune 500 review The Jan Dhan bonanza Reliance’s TV – 18 ready to launch Tamil News Channel TGS- The king storyteller An informal presentation - analytical, forward locking... An enemy’s enemy is a friend Auto components surge… A think tank for Chennai For whom the bell tolls? Things happen by accident and not by design... Building loyalty through the stomach Colour-Chem’s colourful KRVS Welcome GST A glass full of corruption Delhi is distant Music happens Tatas moving out of urea production... Poor representation for Kerala and TN in Cabinet He saved millions from starvation... More Shakti to resource mobilisation... Increasing non co-operation of state leaders Computation of GDP – conundrums continue Paytm karo... Solar thermal shines… More tributes to GR Where is Rajaji? Mu Sigma – is no more Permanent secretariat for TN GIM GNS - 100: our first subscriber Not just in-laws (and outlaws); they’ve renowned academics at the helm! The rise and rise of KCP Come elections, come advertisements... Of course, Gujarat is vibrant L&T: focus on infrastructure and more infrastructure… Wise Presidents For whom the MIDS bell tolls?
Modi storms Silicon Valley

The Silicon Valley visit of Prime Minister Modi in September was evocative and brilliant. His address along with the leaders of the IT sector was superb. It contained the specific strengths of India, her needs and the business opportunities offered.

There was also the contrast: Chinese Premier Xi Jinping visited the US about the same time. While the large American software companies rushed to China over the last two decades and built businesses in quick time, these encountered a lot of issues relating to IPR and difficulties of enforcement of legal contracts. There were wide complaints on either side. Large new corporations also succeeded in acquiring big businesses from the US. eg. Lenovo acquiring IBM’s computer hardware business. There are also other corporations that would build huge businesses on the American model (example: Alibaba) and compete with US grants.

The prospect for tapping the large Indian market and the familiarity of the chief executives and senior executives of Silicon Valley companies with India are special advantages.

The Indian diaspora concentrated in the Silicon Valley made the most of Modi’s visit. In a repeat of the Madison Square Garden meet a year ago, the diaspora made the most of the visit of an Indian Prime Minister after 30 years.

Apart from the meeting with the four software luminaries, Modi visited Apple and Tesla Motors. Apple CEO Tim Cook indicated prospects of a manufacturing base in India. At Facebook headquarters, Modi had a town hall meeting with Mark Zuckerberg. In a carefully planned question answer session, Modi responded to questions posed by Zuckerberg and also a few employees of Facebook.

This town hall meeting was a replica of US President’s similar town hall meet in New Delhi last year. Modi chose to respond in Hindi.  He dramatised to the last question by asking Zuckerberg about his mother and turned quite emotional.  One was reminded of superstar Rajnikanth in the Tamil movie Mannan where the song Amma Endru Azhaikadha Uyirillaye became a super hit. Only our Prime Minister didn’t really sing, but was so full of emotion.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236