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Home » Capt. Raghu Raman: The 32-Minute MBA From Indian Streets (Transcript)

Capt. Raghu Raman: The 32-Minute MBA From Indian Streets (Transcript)

Capt Raghu Raman at Josh Talks

Here is the full transcript (Edited version) and summary of Capt. Raghu Raman’s talk: The 32-Minute MBA From Indian Streets at Josh Talks Mumbai 2018.

NOTABLE QUOTE FROM THIS TALK: 

“Now if this raw energy which is coming in to the streets is not channelized, and we don’t fight the right way to leverage it, the right way to find them employment, give them what they need, meet their aspiration, then this youth dividend that we keep talking about and you belong to it, can actually start turning into a youth nightmare.”

TRANSCRIPT: 

Capt. Raghu Raman

I’m going to talk to you about a part of India that usually we don’t sort of recognize as a formal industry or a formal business and usually it’s referred to in various different reports and documents and Management studies and business schools as the informal industry, the marginalized industry.

But you will see some glimpses of it, I’ll play a short movie for you as an introduction of this unorganized India, an Inc. I call it India an Inc; this term is not coined by me. It’s a term that’s been coined many years ago.

But it gives you a glimpse of that part of India that we kind of — Indian business that we kind of take for granted. And we oftentimes don’t even look at them, so let’s begin by just watching a very brief montage of India an INC.

[Video clip]

So in this 30-second clipping you saw a whole series of activities that happens around us. I mean newspapers arrive at home and coconut water comes, flower delivery, vadda pav in the streets. And we forget that this entire infrastructure and framework which pretty much runs our life on a daily basis is also a formal business. And we label them as marginalized informal unorganized sectors.

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