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Showing posts with label Million. Show all posts
Showing posts with label Million. Show all posts

Monday, March 7, 2011

Five Ts of business and a Million Mutinies Now in India

The notable author, V.S. Naipaul's a non-fiction book, India: A Million Mutinies Now, (1990) was like a post-dated cheque he wrote two decades too early for the guess basic the mutiny did not exist while the time he travelled straight through India in the late eighties. Of course, how could, an author-of An Area of Darkness and India: A Wounded Civilisation-have foreseen events unfolding two decades later. The seeds of mutinies did not exist then.

Among the five Ts of enterprise viz. Table, telephone, transport, team and tempo, the poor of India had always had the threesome: table, team and tempo; the other two were denied to them for too long. Till as recently as the early eighties the fastest inexpressive transport ready to the poor in India was a bicycle. License-quota-permit raj acted as the biggest wall in lifting a person out of the poverty. The divide in the middle of the rich and the poor was accentuated by the lack of these two Ts, inexpressive transport and a telephone.

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It was in 1985 that the wheels of fortune absolutely started appealing for the poor as new motorcycles were allowed to be artificial by the government by broadbanding of the manufacturing of automobiles and by granting fresh licenses to the newcomers. The habitancy with entrance to funds started buying new motorcycles and motorscooters, and in turn, they sold their old ones to the others who had petite or no entrance to funds. It took exactly 100 years-from 1885 when German inventors, Gottlieb Daimler and Wilhem Maybach, produced the first petrol bike-for the motorcycles to come to be affordable to the hungry masses of India. However the last T-telephone-became absolutely affordable to the teeming millions while the first decade of the new millennium, some 120 years after Graham Bell first addressed Watson straight through the telephone.

Right up to 1980, India had only one million telephones, reason: telephones (and a fridge, among other things) were carefully a luxury; hence, extremely regulated by department of Telecom under the telecommunication ministry. Now reconsider these facts, in the middle of 1980 and 1990 the number rose tenfold to 10 million telephones, and in the next 20 years i.e. This year, it crossed 500 million cellphones mark. Though the cellphone came to India in the mid nineties but due to very high tariffs and expensive instruments the poor had been nearly sidelined. But, as the number of the inexpressive operators grew and their own subscribers multiplied, the tariffs fell sharply and second hand cellphones became ready to the masses, as the haves moved up the value chain. In the last 5 - 6 years the number of subscribers has multiplied exponentially and very cheap cells with rock lowest tariffs are ready just about everywhere. The poor now have all the five Ts, their small enterprise are flourishing and services sector that stands on the bedrock of their back, is thriving, launching a true teeming million mutinies now.

Five Ts of business and a Million Mutinies Now in India

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