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Monday, August 14, 2006

Face value | The wired man of Bangalore | Economist.com

Face value | The wired man of Bangalore | Economist.com
on his 60th birthday on August 20th, N.R. Narayana Murthy will stand down as executive chairman of Infosys, the Indian information-technology star he co-founded in 1981. To step back at all so young and fit is a novelty. To do so in favour of younger professional colleagues rather than his own offspring is odder still. But the firm Mr Murthy has built seeks to follow not Indian tradition but the best of international practice. He has shown, as Nandan Nilekani, Infosys's chief executive, puts it, that business should be run to serve customers in America and Europe, and “not in the corridors of power in Delhi.”

His biggest worry is one shared by the rest of Indian industry—shoddy infrastructure, from roads to airports. One reason why IT firms have flourished without relying on the government is that they have built much of the infrastructure they need themselves.

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