1 / 8

Sanjaya Sood Vice President July 2006

Discovering the India Promise – my journey. Sanjaya Sood Vice President July 2006. My Charter. Expand market for Oilfield Services Introduce new technology R&D for India specific solutions Market entry and for Smart cards, payphones

manasa
Download Presentation

Sanjaya Sood Vice President July 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Discovering the India Promise – my journey Sanjaya Sood Vice President July 2006

  2. My Charter • Expand market for Oilfield Services • Introduce new technology • R&D for India specific solutions • Market entry and for Smart cards, payphones • Market entry and manufacturing for Electricity and Gas Meters • Develop a 10 year strategic plan

  3. Three months of reality check • India was opening but not yet opened • 45% of India’s energy consumption was non-conventional • ONGC and OIL were the only O&G customers and not based on world oil prices • Electricity and Gas tariffs were dependent on political will

  4. The revelation – the country was on the move • Despite having power for only two or three hours a day, people were • Trying to connect to the rest of the world • Watching color television at the village • Taking courses in computers • And, cell phones were coming

  5. So by the time I left • ONGC, Reliance, Cairn, Nico, Shell, Selan, Oil, BG… • As Schlumberger, we had: • doubledour Oilfield Services business • helped drill the first deepwater well • sold 6 million smart cards incl. the petro-card • installed the first smart fuel stations • established factories for Electricity and Gas Meters

  6. Later, I went back and set up two sofware companies out of India – Aditi and Talisma

  7. Bottom Line • There are many challenges: • trained management • infrastructure • many things have gone from 32 years to 32 minutes – others still are at the same pace • But, more importantly, there are great opportunities in India!!!

  8. Thank You

More Related