Now that makes more sense!
R&D will shift somewhat to India and China as the market grows there, but remember, the size of the US market dwarfs India and China put together.
I guess he didn't find anything better starting with C!
The landed cost of materials and manufacturing on many branded goods sold in the US, from GAP clothes to iPods, won't be more than 20-30%% of the price of the product. In effect, the value created by R&D, design and branding is 70-80%. That value is added in the US. Value-added is not the problem. Jobs are the problem. R&D, design and branding create jobs of a higher class. Where are the middle class jobs going to come from?
@Raj - that's kind of what I had in mind too. The display will need to be redesigned though. Presently, the two functions display and stocking are combined. If you separate them, the store shelves will have to be redesigned.
@Richa - also placing the pharmacy right at the end of store. same funda.
BoP may not be a concern at this time, but the Current Account deficit should be. FII inflows are fickle and dry up, or become outflows in response to stimuli that could be entirely outside the control of India.
Globally Microsoft's mobile goose is cooked. Even Ballmer admits that. In India, they may have a decent market share amongst smart phones, but the absence of a vibrant apps ecosystem will hurt them big time. Plus the OS is just not as good.
Thanks Sarvesh. Thanks for coming and for the kind words.
"sales...combining theater with a career"
Bharat - actually a career in sales pretty much kills any chance of pursuing an interest in theater. Constant travel does that.