India infrastructure is key to economic growth

Note: This posting is based on my weekly “Thank God It’s Monday” which is offered to help companies thrive!

This week’s focus: business execution

India is a powerhouse, emerging economy with a population of about 1.2 billion comprising 17% of the earth’s population of 7 billion people.

Last week, India power outages impacted 700 million people in the northern portion of the country. As my father so aptly pointed out during dinner last week, 1/10th of the earth’s population was without power.

Researching further, I came to understand that, on a daily basis, the region impacted by the power outages is only able to obtain about 92% of its power needs. Every day, people in the northern half of India wake knowing there is a power shortage.

Infrastructure of all types is key to sustaining economic growth in India. Without constant infrastructure development, this region in India cannot thrive.

What infrastructure vulnerabilities does our nation have that are known yet little urgency exists to correct the problem? The I-35 bridge collapse in Minnesota in 2007 was actually identified as a risk back in 1990. Now, there is a multi-billion effort to repair Minnesota bridges that is 50% complete. What threats are there to our economic security?

Thought for the week:

“It used to be that in school we learn and then take the test. Now in life I get the test and then start to learn.” – Keith Ferrazzi

What do you think? I welcome your blog comments!

___

Dave Gardner, Gardner & Associates Consulting

http://www.gardnerandassoc.com

© 2012 Gardner & Associates Consulting  All Rights Reserved

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