China and India in some ways hold both the promise and challenge of the Millennium Development Goals to a far greater degree than any other countries. They face the challenge of fulfilling the promise for their own people, but they are also developing the economic viability on their own to bring it about. The 8th millennium development goal calls for Global Partnership. Turan Khanna's book calls for global partnership between these two raising economic powers.
For the first time since the rise of Western capitalism, entrepreneurs in China and India can ignore New York and London—and still build companies worth billions. Thanks to social and economic revolutions, Asia has captured the best minds and money from all around the world. Billions of Entrepreneurs is a compelling account of how China and India are reshaping business, politics and society around the world.
Tarun said China and India are radically different –one was top down and the other bottom – up. "How they will complement each other when they have two different political and cultural systems is a question to analyse and understand. "
India is argumentative; China is about force. If a road has to be laid, it is laid. In India; you'd have a hundred disputes. But we have to work around these," Tarun said.But Kiran Mazumdar – Shaw said India and China must work together. "How when we have different systems do we turn partners in growth? I reason that we are competing when it comes to marketing and manufacturing, but a great opportunity lies in research. How do we synergise when we are countries with a vast cultural divide? Source: Press release distribution via India PRwire
Another perspective on the book is taken by the Harvard Gazette - Economies in Asia: The dragon vs. the elephant. Quoting Tarun:
"I think there's a lot of truth to the characterization by most mainstream Americans and American social scientists that China is winning the 'race,' whatever that means," says HBS professor Tarun Khanna.
But Khanna, who's spent some years comparing the economic development of these two emerging nations and is at work on a book on the subject, cautions that while China has successfully leveraged its governmental structure to attract the foreign companies fueling its manufacturing boom, India's indigenous entrepreneurship is thriving in a way that cannot be ignored.
CII is a non-government, not-for-profit, industry led and industry managed organisation, playing a proactive role in India's development process.
