An excerpt from Narayana Murthy's interview, that appeared in The Times Of India, Ascent - 14 October 2009, Bangalore edition :
Question: What were the challenges you faced during your entire journey and how did you overcome them?
Narayana Murthy: We faced a lot of difficulties in the beginning, because at that time, the country was a closed economy. It took two-three years and about 50 visits to Delhi to get a license to import a computer of 50,000 dollars. It would take ten days to get foreign exchange to travel abroad even for a day. It took two-three years to get a telephone connection. We went through extreme difficulties. But all of that changed, thanks to Dr Manmohan Singh and Late Narasimha Rao and their progressive strategies. It was the economic reforms of 1991 that made all this progress possible.
http://epaper.timesofindia.com/Repository/TOIBG/2009/10/14/TOIBG_2009_10_14_43.pdf (~2 MB)
Wednesday, October 14, 2009
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