I think they truly have no idea.
The comment that there will be a increased focus on domestic project scares me that this is the first acknowledgement from ECT that things might not proceed in India. And just to be clear this company needs India more then a tin shed in Victoria, cash flow analysis with mere domestic revenue looks very bleak. (let alone the time BD costs invested as sunk costs)
But then if you have no clue, why would you appoint a Indian professional to push forward your Indian project? I find the timing extremely off, this guy should have started 1 year ago to drive the internal stakeholder management process? The real risk is that we are paying 200K plus for a desk in India with no project.
Hopefully we are just waiting on written confirmation that all will be OK. But I cannot reiterate enough that a failure in India would be a failure of this company.
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