A standpoint on innovation and business building in India
Authored by Sachin Chalapati & Nimesh Chandra P
Back in 1981, when India was a country of Snake charmers and beggars to the west, six programmers quit their jobs and set out on a quest to conquer the software industry. Mind you, this was the time when it took a year to get a telephone connection and three years to obtain license for importing a computer in India. With slow bureaucracy and no access to basic technology, the 80’s was by no means conducive for a business-friendly environment. So, how did Infosys, launched on a mere 250 dollars capital, turn into generating 8 billion dollars in 2013?