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Independence Day – “India discovers herself again.”

Today is Independence Day for India – celebrated every year on 15 August. This freedom came in 1947 but had to be fought for with many great “freedom fighters” showing the way. Britain did not want to let go of this nation which had been a massive source of income for many years.

Because of that struggle, for all Indians Independence Day is a day to remember the people who fought the Britishers and gave up their lives to free the country from a foreign ruler – it is the day to “pledge and to protect the unity and integrity of our country.”

Independence Day is a national holiday and is celebrated with much fervour across the nation. Parades are held in all state capitals and district headquarters to celebrate Independence Day. Indians across the country also hoist the tricolour to mark the day. Many also fly kites, sing patriotic songs and exchange sweets to celebrate Independence Day.

On the eve of Independence Day, the President addresses the nation in a televised speech. On Independence Day, the Prime Minister greets the nation from the ramparts of the Red Fort in New Delhi.

Independence was proclaimed in 1947 by the first Prime Minister of India, Pandit Jawaharlal Nehru, who declared: “At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom. A moment comes, which comes, but rarely in history, when we step out from the old to the new, when an age ends and when the soul of a nation, long suppressed, finds utterance. We end today a period of ill fortune, and India discovers herself again.”

Well done India – and a very Happy Independence Day!

7 reasons India is the key to global economic growth

India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country take steps towards more structural reforms. Here are my 7 reasons India is the key:

India now contributes, in purchasing power parity measures, 15 per cent of the growth in the global economy (IMF figures) – just behind China and USA.
India has three decades before it hits the point where the working age population starts to decline. About 600 million people – half of India’s population – are under the age of 25. The next three decades is India’s window of opportunity in Asia.
The IMF has forecast India’s growth to rise to 7.3 per cent in FY2018/19 and 7.5 per cent in FY2019/20, on strengthening investment and robust private consumption.
The Indian economy is recovering surprisingly well from the two shocks that started from late 2016: demonetisation and then the implementation issues related to the GST. Long term, the GST is the biggest regulatory game changer in India.
Reformed insolvency and bankruptcy codes are another big achievement of the Modi Government.
The Reserve Bank of India is now formally and actively involved in inflation targeting – India has seen the benefits of that have lower inflation and inflation expectations.
In the pipeline of Modi reforms are more changes to improve the business climate and further steps to liberalise Foreign Direct Investment (FDI).And then there are some of the key smaller steps like things to improve the business climate, steps to further liberalised FDI.

Sure, more reform is needed in labour laws, overall improvement in ease of doing business, more infrastructure activity and dealing with the banking and corporate sector balance sheet issues.

But current evidence is that India will avoid the trap of “growing old before it becomes rich”.

10 things that shape the mind of Australians

I am often asked by Indians what is it like to be an Aussie? Why are there so few people in Australia? It has made me reflect on what is it like to be an Australian, the country of my birth? Here are some thoughts:

An Island Home

Australia is the biggest island on earth. We often talk about the “tyranny of distance” as a factor in our history and personality – so far from anything, isolated. But isolation probably makes us feel vulnerable and as a result we have always sought big “friends” (Britain, and then USA).

Personal Space

It is a long way between anything in this land. You can drive for many hours without seeing another car or another person. Our feeling of space explains why Aussies visiting India or Europe soon long for the “peace and quiet” of home.

Stars

Drive for an hour or two out of the light of our cities and the stars seem to go on forever and our beloved national symbol – the Southern Cross – is a comforting sign of being “home”. The Southern Cross is five stars – if joined by a line they would make the shape of the Christian cross. Seen from here, the Milky Way is ever present and so dense with stars it can look like a white haze. In Australia, the universe makes you feel small and vulnerable – one insight into the Australian world view.

A Fair Go and Tall Poppy Syndrome

On this dry, isolated island home, we are all in this together. As a result, Aussies grow up believing in a fair go for all, in equality of opportunity, in support for those struggling to make it and in not standing out too much (the tall poppy syndrome). If you get too loud or too successful, we will cut you down (as in the flowers).

Direct and economical

From our western origins as convicts or free settlers in a harsh environment, our speech became direct and to the point. It’s too hot and dry for idle chatter. Australian cricketers are direct and can be aggressively so – which in truth is much the same for all of us. We admire those who face our directness and “can take it”.

The original inhabitants

The British who settled here decided there was no-one here before they came – “Terra Nullius” is a Latin expression meaning “nobody’s land”, and is a nasty principle sometimes used in international law to describe territory that may be acquired by a state’s occupation of it. I don’t like it and nor do most Australians and it was not overturned until 1992. Thanks Britain! Meantime, a lot of harm was done to indigenous peoples. But many indigenous are successfully living as teachers, nurses, doctors, skilled workers. But it is not our style to celebrate this (see “Tall Poppy”).

Urban fringe

Most Australians live in cities that cling on or close to the coast. These cities are stunningly good – well laid out, everything works, they have sophistication and a quality of life envied around the world. We have culture, sports facilities and urban gardens.

“Dormitory” suburbs

When work is over, Aussies rush to their homes, close the door and do not go out again until work tomorrow. The quality of our homes plus the amount of technology to play with is among the best in the world.

Multicultural

The Chinese came here in the 19^th century gold rushes. After World War Two, it was the Greeks and Italians who came to drive manufacturing in our cities. Then the Vietnamese, Serbians, Croats, Fiji Indians, Africans, South Africans, New Zealanders and Pacific islanders. Now – China and India vie for our leading source of migrants. We live side by side, mostly in harmony. We travel together, celebrate each other’s festivals, eat food from all countries…but in the back of our mind is the fragile land – and a kind of primal fear that too many migrants could spoil it.

Worldly

Yet the paradox of all the above is that Australians are not insular, we are outward looking, mostly well informed about the world and we travel a huge amount. But it is always comforting to “come home”.

There is such a thing as “Indian Time”

Different cultures can perceive time in different ways. In the west we see time as sequential, a straight line, whereas India sees time as synchronic, they see the past, present and future as interrelated.

Why do we need to know this? Knowledge of the culture of others is not about making judgments of others – rather, it helps us adapt to differences.

In a nutshell, this western approach to time explains why we are always rushing about, completing one meeting and rushing on to the next, while your Indian host seems relaxed, not in a rush, dealing with many other things while meeting with you and so on.

The Indian view of time partly explains the seeming “chaos” of Indian conferences – people constantly leaving or entering the room, private meetings can distract your attention and of course mobiles will ring and will be answered. All of this can be confusing for westerners, yet for the Indians, this is just a normal situation.

In a business meeting, the Indian you are talking to might also be signing letters, taking messages from staff, handling calls and seemingly not paying attention – but in fact knows exactly what you are saying despite what westerners would see as interruptions.

It is important for the visitor to adapt to this difference – especially on business visits. For example, filling your day with meetings could mean you miss the real opportunity, such as towards the end of a long meeting, your Indian host might want to introduce you to a superior or a friend in another company – this is a sign of your acceptance, the meeting has gone well, and they are honoring you. Without understanding this difference, you rush off and miss the opportunity.

Australia’s ‘An India Economic Strategy to 2035’ No. 5 – what are competitor countries doing to succeed in India?

The Australian trade and investment relationship with India is stagnating – even declining.

Part of finding the solution should be to look at what others are doing to succeed there – especially Japan, Singapore and Canada.

Much more competitor analysis would have added real value and real world outcomes to the “An India Economic Strategy to 2035” report.

For example, in the area of India’s plans for 100 Smart Cities, how have competitor countries won contracts?

Research among Japan, Singapore and Canada would show that when the projects are large, these countries have gone to India with a total and coordinated solution – the finance, the designs, construction, equipment, ongoing administration and maintenance – and more. These have been offers too good to refuse.

Can Australia build a more collaborative approach to India? Can we identify projects and take a total solution across? Doing this would be one step to creating better levels of trade and investment.

Current fragmented approaches are not working.

Finding the human story in the Mumbai hotel terrorist attacks – new film

One Less God

One Less God is the “inside the people inside the hotel” movie of the terrorist attack on the Taj Mahal Palace Hotel, Mumbai, where 166 died in November 2008.

This is equally tough to watch and impossible to stop watching, as it deftly moves from the outside world of news to the inside of the hotel and we lose any sense of time or media as we focus on both ends of the gun – the terrorists and their victims.

The film by first-time writer/director Lliam Worthington is unashamedly teaching us about the importance of humanity and compassion, and that people of all kinds can and should find a way to live together.

Kabir Singh as one of the two key terrorists delivers a human performance in an inhuman role – and we see his inner conflict as he tries to stop killing but cannot find another way. Only top direction and acting can make us feel almost that he, like his victims, is stuck and cannot escape.

It is one of over 60 films to screen at the Indian Film Festival of Melbourne, from 10-22 August 2018.

http://www.iffm.com.au/index.html

The diversity of the cast in this Australian independent film industry movie underlines the central message of the film – humanity above race, religion or other belief.

It is hard to forget the voices of the terrorists as they go from room to room in the hotel, knocking on doors and in chillingly gentle tones saying: “Come out – we help you”.

This film is gritty, dirty, bloody and smoky, and is also an important reminder of how much terrorism India has experienced, with much of it unknown in the west.

Australia’s ‘An India Economic Strategy to 2035’ No. 4 – more focus needed on cross-cultural understanding

It is true that the “An India Economic Strategy to 2035” did acknowledge the importance of culture, but I would have liked to see much more focus on it. There is nothing bigger keeping us apart.

Cultural misunderstanding is at the core of our lack of trade and diplomatic connectivity with India.

The importance of cross-cultural understanding is not about focusing on “difference” – it is about knowing what those differences are so we can then ADAPT our behavior, further, cross-cultural analysis is not claiming one view to be right and the other wrong.

Consider what the academics call “absolutism vs relativism” – we in the west are absolutist so we place all our energy on contracts, project plans and we never like surprises. India is a relativist culture, so it knows things can only be defined relatively, and whatever we decide upon will change as life inevitably changes. You can see how these two differing world views create problems for us.

The absolutist thinker puts rules above relationships – while the relativist thinker places relationship way above rules. Knowing this, we can adapt.

Also look at western “individualist” culture and compare with India”s “collectivist” culture. The west empowers individuals to make decisions, whereas in a collective culture decisions are made by the group and can take more time. Not such a problem when you understand it.

Plus consider that the west is called a “specific” culture while India is “diffuse”. What does this mean? The westerner is direct, open and always in a rush – cannot stay for dinner. The Indian prefers to be indirect, works around an issue rather than confronting it, takes time, wants you to stay for dinner and never says “no” even when that is the right answer, preferring the often misunderstood “I will try”.

With these differences and many more, if we train westerners to understand and ADAPT to the difference, we face much better prospects of success.

Cultural differences (without adapting) are coming between Australia and India – if we change this, we change the relationship for the better.

Australia’s ‘An India Economic Strategy to 2035’ No. 3 – why creating forums can be a waste of time

I am not a big fan of “CEO Forums” as an instrument of diplomacy or trade. Most of them are a formality, many attendees are pressured to be there and there is no natural energy. Good business arises when there is natural energy.

But the report “An India Economic Strategy to 2035” clearly loves them, and it called for a new CEO Forum and several other top level meetings to be created.

I could not see anywhere in the report where it actually asked if India wants these forums.

Nor could I see much in the track record of the Business Council of Australia (which the report nominates as the organiser of the forum) to suggest they have a deep interest in India at all.

What is the alternative?

Some of my best networking and business experiences in India have happened when I have attended a local Indian event – run by CII, FICCI, various universities and some city chambers of commerce.

In a collective culture such as India, going to a locally run event is your invitation into the collective, you can see first hand how it operates and find your own place. Indians love you turning up and appreciate the respect it shows. Networking becomes dynamic and business doors open to you.

Much better than a formal, imposed Australian CEO Forum idea.

This cultural point is central to my views – an Australian-created CEO Forum occurs “outside of the Indian collective” and although they will turn up, you are missing a key opportunity to be accepted into that collective – which of course is when you really do business.

Where a forum is a natural consequence of a growing trade relationship, then I am all for it – but creating one when there is no natural base for it could be a waste of time.

Let’s create a global Indian diaspora event in Australia

Modern Indians are becoming global tourists and Australia should strive to be in the top four destinations. There was a 10 per cent increase in visa applications from India in 2017 at 4.7 million compared to 4.3 million applications in 2016, according to data compiled by VFS Global.

The top five destinations for which visa applications were processed (in 2016 and 2017) were – the US, Malaysia, the UK, Canada and China, according to the data. The report said visa applications for Thailand witnessed the sharpest increase in 2017 compared to 2016.

Australia has a lot to attract Indian tourists – time to get the message into the Indian market.

Why not start by creating a global Indian diaspora event in Australia? Innovative thinking works, and the Indian diaspora here could be part of the active marketing program.

Australia’s ‘An India Economic Strategy to 2035’ No. 2 – GST and E-way creating huge demand for services

I would have liked the “India Economic Strategy to 2035” to focus more on how the introduction of the GST and the transport E-way system is creating all kinds of new business demands in India.

In particular, Indian businesses are now being driven towards massive business process improvements. Service providers in this plus tax plus logistics are in big demand.

The GST was cited as the biggest tax change in history. Associated with it is the E-way which is electronic documentation detailing the movement of goods exceeding Rs50,000 in value.

Goods out of the e-way bill’s ambit include perishable items such as meat, milk and milk products and fruits and vegetables. Other items that don’t need an e-way bill are gold and silver jewellery, cooking gas cylinders, raw silk, wool and handlooms.

The e-way bill is a key anti-tax evasion measure and is a crucial part of the GST architecture.

The transformation coming from these reforms is huge. The previous state border taxes led many companies to have production and warehousing where they otherwise would not make sense, so now the opportunity is for great efficiency.

Helping Indian business cope with the GST and E-way bills, and then achieve the business process transformation opportunity arising from them should be a big target for Australian consultants and providers.