Creation of Wealth. By DR T.H. CHOWDARY Director: Center for Telecom Management and Studies Fellow: Tata Consultancy Services Chairman: Pragna Bharati (intellect India ) Former: Chairman & Managing Director Videsh Sanchar Nigam Limited & Information Technology Advisor,
Creation of Wealth
DR T.H. CHOWDARY
Director: Center for Telecom Management and Studies
Fellow: Tata Consultancy Services
Chairman: PragnaBharati (intellect India )
Former: Chairman & Managing Director
Videsh Sanchar Nigam Limited &
Information Technology Advisor,
Government of Andhra Pradesh
T: +91(40) 6667-1191(O) 2784-3121®
F: +91 (40) 6667-1111
Talk @ BITS Hyd:
5th Sept 2012
The more you share, the more it grows
We may be satiated but not satisfied.
eg. Germany, Japan, after the wars
थो असाक्सौ पुरुषः सोअहमस्मि
eg: Singapore, Taiwan, South Korea, Japan
Unless there is a great land mass, there cannot be natural wealth- ores, coal, oil & gas, forests, rivers, mountains
Russia, Canada, USA, Brazil, China, India – vast lands
Labour - Diminishing role
Electricity, motor, machines, Robots
Eg: Toyota Factory near Tokyo;
Intellectual “labour” Innovation, invention
Now China too ( to be competitive)
We will make electricity so cheap that only the rich can afford to burn candles.
-Thomas Alva Edison
(1978) GharGhar Mein Radio
GaonGaon Mein Telephone -THC
(1997) Hath Hath Mein Telephone;
GaonGaon Mein Internet - THC
“Here lies buried a man who knew how to hire people better than himself”
– BG 3.10
“You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help the poor by destroying the rich.
You cannot establish sound security on borrowed money.
You cannot keep out trouble by spending more than you earn.
You cannot build character and courage
by taking away man’s initiative and independence.
You cannot help men permanently by doing for them
What they could do for themselves.”
(Source: Freedom First, May 1989)
– Hanuman to Sita
Lives of great men all remind us we may make our lives sublime and departing leave behind us foot prints on the sands of time. – Henry Wadsworth Longfellow