Go east, young man

By Ramesh Akkineni
It is always better to be in the frontier... Earlier the frontier was in California... Now it is in emerging markets and countries like India where there are immense opportunities... capital, people and domestic markets...All three of them are available in the emerging countries... Capital flows to where it can get the highest return and it is moving slowly but surely to these countries... People are realizing that things have changed from past and are increasingly taking more risks or choosing entrepreneurship over a normal career... Markets are being opened and red tape is being cut... Demographics also favor the emerging countries like India... So advice now is "Go East"...

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