Down south, in the meantime, another success story was being scripted by Infosys Technologies which put India firmly on the global technology map. The first 10 years were frustrating, but that it had promise was evident in offers to buy up the company started with just $250. In 1990-91, an offer of $1 million for the company must have looked lucrative. Thankfully, Nagavara Ramarao Narayana Murthy persevered. Today, Infosys is a global leader in IT and related consulting. The reforms kicked off in 1991 led to an economic boom not just for Infosys but also for the entire nation. In 1991-92, Infosys' revenue was just about Rs 10 crore. Today, it is Rs 25,000 crore. More than anything else, Infosys best demonstrates that the equitable wealth distribution model works.
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