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V G Siddhartha's death an eye-opener on how weak an Indian entrepreneur is

The government, staring at a fiscal hole equal to an entire percentage point of GDP, isn't likely to let up on squeezing Indian business

V G Siddhartha
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File photo of V G Siddhartha

Mihir S Sharma | Bloomberg
On Monday, Indian entrepreneur V.G. Siddhartha asked his driver to bring him to a bridge close to the southern city of Mangaluru. Then, according to the driver, Siddhartha got out to take a walk. He was not seen again; his body was recovered on Wednesday morning.

In a typewritten note released by the news agency ANI, Siddhartha -- founder of India’s largest chain of coffee shops, Cafe Coffee Day, and a prominent early investor in the successful IT services company Mindtree Ltd. -- appeared to apologize for “failing to create the right profitable business model.” He said pressure from his private