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NRI Enrepreneurs
in the Silicon Valley said,
"Dr Manmohan Singh who is really
the father of reforms"
- NRI Prakash Bhalerao, a leading
venture capitalist (VC) in the Silicon Valley said, Any industry
or business does not like any kind of uncertainty. This sudden change
of scene in India brings in that huge element of uncertainty. The only
known factor is Dr Manmohan Singh who is really the father of reforms,
the fruits of which India is now reaping."
- NRI California-based Vivek
Paul, CEO, Wipro Technologies takes
a more optimistic swipe at the new political developments here. "There
is a great pride in our democracy that allows a nation of over billion
people to have a smooth transfer of power despite it being so unexpected,
and secularism that allows for a Muslim President and a Sikh prime minister,"
he says. Moreover, there is also great respect here for the fact that
both the President and prime minister are accomplished professionals
and not just career politicians
.
- NRI Sanjiv Sidhu, a billionaire-techie
and a fellow Punjabi who heads i2 Technologies,
is in a celebratory mood and recalls his fathers close association
with Dr Singh. "My father, Dr G S. Sidhu, former director general
of CSIR knew Dr Singh well. When I met him, I too was very impressed
by his intellect. He asked piercing questions about the challenges I
faced as an entrepreneur in the US and also spoke about facilitating
successful entrepreneurship in India ," Sidhu recalls.
But, the moot question remains unanswered. Will self centred politicians
step out of Dr Singhs way and let this leader, with a clean image
and a vision for igniting Indias economic power, have his way
without handcuffs?
- NRI Ajay Chopra, COO, Commerce
Velocity, feels that it is too early to tell whether he can
really pull it off. "Will he be just a one man band? Or will he
have an effective back-up? Now, everything depends on the team he puts
together. Moreover, it should have the flexibility and the autonomy
to win the confidence of the business leaders to continue progress to
the next level" he notes.
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