Thursday, May 08, 2008

The BRICs & mortar lady

Roopa PURUSHOTHAMAN... That side of Atlantic, she made India every analyst’s favourite example

Much has been talked about Goldman Sachs’ ‘BRIC Report’ or Brazil, Russia, India and China report, whichRoopa PURUSHOTHAMAN envisages that India will globally be #3 in terms of GDP by 2050. But how many of us actually know that there’s an Indian mind behind this report, which puts these four developing nations in the forefront of the GDP charts in next 50 years. Quoted by everyone, the BRIC tenure made a second-generation Indian American economist become famous overnight. We are talking about former Executive Director in Goldman Sachs – Roopa Purushothaman – who, along with Dominic Wilson, created a report whose impact was nothing less than sensational. But apart from putting India on the global business map with her fresh thinking, this London School of Economics graduate has created a mark with her work on demographics, global integration and migration.

She wanted to be a part of the huge developmental change that India is undergoing and the retail raja Kishore Biyani, who has revamped the retail segment, fitted the bill perfectly. Points out Kishore Biyani, CEO of Future Group, “India is developing and we need young economists like her.” She now plays the role of Chief Economist and Strategist at the Future Group and is busy finding out the impact of income on consumption patterns in small towns.



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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative