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स्थितिState of Digital · The annual read

State of Digital.

The annual read. Published January 2023 as one deck rather than a page of slides retyped. Best viewed full screen.

The deck

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The date

Published January 2023.

A deck is a dated document. Read it as what was true then and hold it against what is true now.

सोच·More of the thinking

स्तम्भ Stambh (The column) · Udyamnīti (The enterprise)

The Discount Is a Confession

India’s largest export industry was built on being cheaper per hour. The next cheaper country is a machine. What a services firm is actually saying when it leads with the price.

12 August 2026 · 3 min

विमर्श Vimarsh (The essay) · Udyamnīti (The enterprise)

The Argument for India Is a Supply Argument

Everyone arguing for India argues demand. Demand without capacity is a queue. The real argument is on the other side of the ledger, and it is the one I have spent a career inside.

22 July 2026 · 19 min· Standing

सामरिक SAAMRIKउद्यमनीतिUdyamnītiTHE ENTERPRISE

सूत्र Sutra (The aphorism) · Udyamnīti (The enterprise)

Sell on price and you have named your replacement.

Sutra 05

19 August 2026 · 1 min

स्तम्भ Stambh (The column) · Udyamnīti (The enterprise)

Seven Crore Firms and No Firm of Firms

India has registered more enterprises than most countries have adults. It has registered almost nothing that joins them.

24 June 2026 · 4 min