What Detroit can Learn from Bangalore, India
A great article in Detroit News today as to what Detroit can learn from Bangalore India.
Shikha Dalmia in the article explains as to what plagued India's progress up until early 1990's (excessive bureaucracy and destructive taxes), is the same problem with Detroit today.
It was early 1990's when the business climate began to change in India with a massive liberalization effort. The Indian government had come out with Software Parks Initiative program.
States that signed up for this program could not only offer information technology companies exemption from federal taxes, but also a one stop shop for all federal statutory approvals. Karnataka was the one of the 1st states to join the program. Karnataka went one step ahead by extending the program to all the companies.
Shikha Dalmia contrasts this with Detroit by writing that "Kwame Kilpatrick is so preoccupied with attracting big, glamorous Aswan Dam-type projects (witness the millions in tax credits he has arranged to pour toward the revival of a single building, the Book-Cadillac hotel) that he has no time to think about mundane process improvements such as these."
Read more of Shikha Dalmia's article in today's Detroit News
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