patentneer
FULL MEMBER
- Joined
- May 15, 2010
- Messages
- 1,920
- Reaction score
- 0
^^
years ? years only. That's good news!
- Chennai, Hyderabad are both more or less 400 yrs. old.
On topic, I have a thought re: the Nizam, specially the fabled riches. We all know he was Top 10 richie-rich, historically.
Diamond mines, the only ones in the world, were the source. Fair enough. But 2 points stand out:
- The Nizam is among the last and latest of the mega richie-rich's to survive till now, the Royals of India including the Nizam's were not butchered, guillotined or bayoneted like the royals of France or Russia. The other 21-gun salute states are J&K, Gwalior, Mysore and Baroda; hopefully as rich too. There were other's too, Bahawalpur or the Aga Khan for eg.
- So all this wealth diluted but not by much because with the advent of the new, post WW-II, nation state, stuff of fables like Mughal Gardens, Palaces and fleets of Rolls-Royces, large scale land acquisition and bling-bling bs went out of fashion. Instead of Palaces, India got wall-to-wall commie-block condo housing for the middle class. Much of the royal wealth either remained, grew organically, was invested in industry re: govt. policy or flew overseas. Royals went into politics and business for protection.
As India boomed, the bottom-of-the pyramid came out of starvation; but the top-of-the-pile went right through the roof. India's even sprouted an middle class, merit driven, American style IT and other $ Bilionaires, meaning traditional wealth has not only amplified but phenomenally, trickled down to the newly minted middle classes and onwards to the lower classes. The Republic of India's processes of divesting Royalty, limiting the army, defrocking the clergy, and nailing feudal landowners while promoting an educated, egalitarian and secular system paid off. Modi can empower entrepreneurship by delimiting traditional merchant princes like the Tata's, Birla's, Habib's and Adamjee's. A new wave of tiny, small and medium neterpreneurs will take India to the next level. As India steps into China's shoes in manufacturing, manufacturing itself is becoming a distributed business re: computerisation of manufacturing. Desktop prototyping, digital marketing, better logistics, access to markets, competition mean mega-facotries and miles-upon-miles of assembly lines are old news.
India's broad middle-class and export driven economic boom has concentrated and amplified India's fabled riches. No new Taj Mahals, but IT Parks did. IT Parks are India's new temples.
The Gulf was a prime investment destination for Hyderabadi and let's say Lebanese money and intellect, and man what a petro-dollar payback. Not Shia Iran. And unlike Lebanon, no war in Hyderabad after Operation Polo, and even in that the Nizam didn't waste much money but went with ground realities. If I'm thinking right, there's some serious, $ Petro Trillions, in Hyderabad and the systemic, legal process driven, govt.forced, trickle-down effect forced the top-of-the-pile to include more and more form further-down-the-pyramid while their own assets were Globalised and turned towards industrialisation and development vs. jewels and land holding's, obviously in their own backyard and the neighbourhood $ petro Gulf world. Hyderabadi investment had a natural in on the Gulf and India, the world's hottest investment destinations
!
Last edited:
!
, outsourcing industry like big data or cloud computing etc. soak up these physics guys. Just like Silicon Valley.
