L&T
A few years ago L&T Group didn't have a significant presence in the IT software sector while today they have three top IT companies and the combined market cap of the 3 IT Cos is around Rs 2 lakh crore.
M Cap Cr
1. LTI 94400
2. Mindtree 61700
3. LTTS 42600
Total = 198700 Cr
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Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote:
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote: