This letter is a good read for everyone.
Public good and traditional eastern values have been held high by some of India’s most successful businesses. They have tried to give as much to their society as they have taken from it. Many informal sources, personal observation, and experiences of friends and acquaintances also strengthen this view.
I have blogged about similar traits in Indian business in the past.
When Indian companies, for instance, take over publicly traded American firms — such as Tata Motors’ acquisition of Ford’s Jaguar and Land Rover divisions in 2008 — research confirms that the acquired firms increased both their efficiency and their profitability. (source)
HBR also had an article titled: Indian Companies: Doing well because they do good.
