Gurgaon Collapsing
It was to be the signpost of the new, globalising India.
But the unedifying, unprecedented sight of CEOs protesting the dumping of garbage of Gurgaon’s streets is an indication that a shiny Indian dream is collapsing.
“Millennium City”, as its administrators and builders often call Gurgaon, where 2 million live and work, accounts for more than 10 per cent of India’s $40 billion (about Rs 18,400 crore) in annual software exports.
It is home to offices of some 200 Fortune 500 companies, from General Electric to Coca Cola.
Gurgaon was to do to Delhi what Pudong did to Shanghai — put it on the global business map.
Pudong made that jump into the first world. Gurgaon is sliding further and faster every day into the third world.
To read the full article, click here..
To read the ePaper, visit: http://epaper.hindustantimes.com
But the unedifying, unprecedented sight of CEOs protesting the dumping of garbage of Gurgaon’s streets is an indication that a shiny Indian dream is collapsing.
“Millennium City”, as its administrators and builders often call Gurgaon, where 2 million live and work, accounts for more than 10 per cent of India’s $40 billion (about Rs 18,400 crore) in annual software exports.
It is home to offices of some 200 Fortune 500 companies, from General Electric to Coca Cola.
Gurgaon was to do to Delhi what Pudong did to Shanghai — put it on the global business map.
Pudong made that jump into the first world. Gurgaon is sliding further and faster every day into the third world.
To read the full article, click here..
To read the ePaper, visit: http://epaper.hindustantimes.com
Labels: BPO firm, Coca Cola, garbage, Gurgaon collapsing, India, Indian dream, Manila, Millennium City, New Delhi, software exports, streets, Vietnam
posted by PressMart Team at
9:58 AM
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