Google did the survey that looks at how people are using Orkut communities to forge bonds, to express themselves, to come together around causes and topics that excite them or simply to share their creative pursuits with a wider audience.

What did Google find about Gen-YRI? According to Google, young India remains patriotic; being ’stylish’ is a growing priority too! It also said the stock market is growing in appeal for the young traders while football catches up with cricket. And, interestingly, Bollywood seems to be losing to Tollywood. Another aspect is the gender discrimination is weakening as both men and women actively engage in discussions.  Everyone loves to ‘chat’ but ‘photo’ sharing and comments are the new fad.

The top advertisers on the website include FMCG, education, telecom and banking and financial services companies, whose target audience is the young population in the country according to Economic Times article reporting on the same survey titled “Fashion Patriotism and Chocolate high on Orkut India“.

India can learn from China to develop light manufacturing to provide employment for tens of millions of surplus farm laborers.  Better urban management will be an imperative as more Indians flock to cities in search of work.

Now, after a decisive general election victory for the Congress party, markets is anticipating the prospect that political and policy continuity will allow India to start closing the development gap with China.

India has a unique chance to finally live up to the hype ‘India Shining’.