TIE Dinner Keynote
Dr. Jagdish “Jag” Sheth
The rise of China and India “Chindia” and its impact on the world

Time: 6:00 pm - Registration / Networking & Cash Bar
6:45 pm - Buffet Style Dinner
7:30 pm - Jag Sheth


 
Venue: The Junior League of Houston
1811 Briar Oaks Lane / Houston, Texas
(713) 622-4422


Tie-Houston hosted a lecture by Emory University Marketing Professor Jag Sheth on the emergence of China and India as major economic superpower.

Dr. Sheth presented a thought-provoking keynote speech before a sell out crowd of 250 TiE-Houston members and their guests on December 13, at the elegant Junior League of Houston ballroom in midtown Houston.
Dr. Sheth – a world renowned expert and on marketing and strategy wowed the crowd with a compelling, informative and entertaining presentation as well as a Q&A session that could have continued on into the night but was terminated as time ran out. Boasting a most impressive list of accomplishments and academic achievements, Professor Sheth taught at the University of Southern California, University of Illinois, Columbia University, and the Massachusetts Institute of Technology. He earned his MBA (1962) and Ph.D. (1966) from the University of Pittsburgh, after graduating with high honors from the University of Madras in 1960.

Dr. Jag Sheth has published more than 200 books and research papers in different areas of marketing. His latest book “Tectonic Shift” with Rajendra Sissodia is “a penetrating analysis on where the future of different countries is going under the pressure of geo-economic forces”.

Professor Sheth’s lecture was the last keynote event for TiE-Houston during 2006, continuing TiE-Houston’s focus on fostering entrepreneurship through networking, mentoring, and participation in the local and global economy.

Tie-Houston President Ashok Rao introduced Dr. Sheth and announced an interesting slate of speakers for 2007, beginning with Houston Dynamos President Oliver Luck in January. In February, Shell President John Huffmeister will address the TiE group, followed by Continental Airlines President Larry Kellner in March. Also on TiE’s dance card are management gurus such as C.K. Prahalad and leading VCs like Vinod Khosla and Pramod Haque.

Dr. Sheth’s speech was a fascinating blend of mind numbing data and stitiscal information, prescient analysis and laid back humor. When the Indian and Chinese civilizations were at their height, Europe was in its dark, medieval age and America was a wilderness. According to “Jag” Sheth, “The 19th century belonged to Europe. The 20th was an American century. The 21st century will be the Asian Century with Chindia -- China and India -- as the superpowers.”

Professor Sheth expects both India and China to become world economic powers, expanding the current G8 group into a G10 with China 2nd and India 4th in PPP (purchasing power parity. “Already, China holds about a billion in U.S. dollars, wielding considerable balance of trade and geopolitical influence.”

Today, China and India are major consuming nations, leading the world in sale of mobile phones, automobiles and two-wheels, and even beer and cigarettes. Sheth also expects an Easternization trend in the West, through the promulgation of fusion concepts such as Christian yoga.