next big opportunity of India..building toilets
As per some reports today there are more cell phones in india than toilets. We all knew how India is one of the biggest telecom markets etc etc. But this one takes the cake. If for anyting thing this news item just showcases the stark contrast that is india to the world. One thing that comes to my mind is that while our wise policy makers /business leaders took steps to unleash a 800 pound gorrilla in the telecom sector no steps were taken to build as basic a thing a toilets.Everyone know the cost of acquiring a land leave alone building any square feet on it. Add all the below the table payments for all kind of licenses and any such noble idea to build anything vanishes in thin air. I however am sure some innovative entrepreneur will sense an opportunity in building toilets...and makes his moolah in it...and then we will have all PE/VC game begins.. waiting to hear the next scalable...viable business model on this now!! till next time... vir