Everything T. V. Mohandas Pai said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Pai: Narendra Modi did more for India's poor than any prior PM
“Prime Minister Modi has done more for the poor of this country than any prime minister in India's history.”
Pai: India's central government is clean, but state corruption is extraordinary
“In center, there's no corruption, but today, all states have become more corrupt. The level of corruption in Karnataka, Tamil Nadu, Maharashtra is extraordinary.”
Pai: Indian tax authorities harass startups and Finance Ministry is insensitive
“Many of them are rent-seeking, they harass you and all that. So government shouldn't give them the power to harass people. And we have told them, but they're very, finance ministry is very insensitive. They don't care.”
Pai: Europe is lost and serves as an aging digital colony for the US
“The United States, the biggest power followed by China and India, and Europe is lost. Europe is an aging digital colony for the US.”
Pai: LIC has done nothing in Indian tech investing, which is pathetic
“So we have got a Canadian pension fund come and invest ten billion dollars, take stakes in many companies. LIC has done nothing. It's pathetic for LIC not to do anything. Pathetic. Totally pathetic.”
Pai: J. R. D. Tata would have achieved more without Nehru's harassment
“JRG was, you know, he could have done better if Nehru had not harassed him and not given him, harassed him and prevented him from growing.”
Pai: Indian-origin US CEOs will not do anything for India
“And we got so many CEOs in the US. They're all Americans. I wish them all the best. They're not Indian citizens. They'll not do anything for India.”
Pai: India exports more software than Saudi Arabia exports oil
“And we export more software than Saudi Arabia export soil.”
Pai: Bangalore has 2.3M tech workers, surpassing Silicon Valley
“Bangalore has 2.3 million software people and technology people, largest in the world, more than Silicon Valley.”
Pai: India will likely have more tech workers than the US by 2026
“By 20, 25, 26, we probably will have more people working in technology than the United States.”
Pai: India will hit a $5 trillion GDP by 2026
“I think by 2026, which will reach five trillion dollars GDP, the rupee dollar remains the same.”
Pai: India will overtake Germany and Japan's economies in 2-3 years
“We'll be the third largest economy, because today we are at 3.4 trillion, by March 24, we'll be 3.7 trillion, Germany is 4.3, and Japan is 4.4, so we'll not take it. In the next two, three years, we'll not take it. They're not growing.”
Pai: India creates 15M jobs yearly, but 75-80% pay under 25k rupees
“We create one and a half crore jobs a year. But 80, 75, 80% pay less than 25,000 rupees a month. So job creation is not a problem in this country. The problem is the wages.”
Pai: Leaders raised during India's License Raj lack faith in the country
“Because everybody, ah, world view is based on their formative years. So if your formative years is during the license quota, Raj, during the time when you were so damn poor, you had nothing, you know, you saw poverty of an extreme order, you have no faith in y…”
Pai: SaaS success depends on capital and sales over technical ability
“Now, SaaS is the phase that has to come, but for SaaS to succeed is not technology ability that's important. It is the ability to get capital, ability to market and sell, and ability to get a reasonable fee.”
Pai: Indian founders fail at marketing by underpricing valuable products
“See, we Indians have not learned the art of marketing. An American kid will sell a 25 dollar stuff for a hundred dollars and make the customer feel he's got a great deal. An Indian will sell a hundred dollar stuff for 25 dollars and feel sorry for the customer…”
Pai: Modern internet companies fail governance by taking 60 days to report
“So I'm very disappointed at this new internet companies who call themselves internet companies, supposed to have information, Declaring the results of the 45 days, 60 days market. I mean, to me, it's ridiculous. They're supposed to set standards. Not one of th…”
Pai: Global respect for Indian passports is driven by IT services
“If the Indian passport has respect globally, it's because of the IT services.”
Pai: Utsa Patnaik calculated Britain drained $45T from colonial India
“Utsa Patnaik of Columbia University has written that Great Britain took away 45 trillion dollars in wealth, in today's money, from 17 57 to 19 47 when they left.”
Pai: India had Asia's richest economy and top dynasties in 1950
“In the 1950, we had the richest economy in Asia because China was destroyed, Southeast Asia was destroyed, Japan was destroyed. Of the five richest families in Asia, three were Indian.”
Pai: Only 10% to 15% of $132B in startup funding is domestic
“For example, out of the hundred and thirty-two billion dollars that's come in the last 10 years, last eight years, is only about 10 or 15%, which is Indian capital.”
Pai: Founders must maximize profit before focusing on social good
“First, you must focus on business to make a lot of money. So don't focus on saying, you know, I'm doing social good. I know that's rubbish. Focus on business. Be very efficient. Be very productive. Make a lot of money. And after you make money, give it away.”
Pai: Career success is meaningless if your children do not succeed
“The most important thing in your life is to make sure your children do well. Yeah. Whatever position you have, however big you grow, whatever respect you have in society, if your children have not done well after you, your life is a disaster.”
Pai: 600,000 of 750,000 Indian students abroad go specifically to immigrate
“Today we have seven lakh 50,000 students studying outside, or which maybe one lakh 50,000 are gone for general education. The balance of sole lands and gone for immigrating.”