Narayana Murthy says on BBC’s Hard Talk (transcript in the Indian Express):
[B]etween 1981 and 1991, we had tremendous friction to business. At a point it took us around three years and about 25 visits to Delhi to import a computer worth $50,000, it would take us about 10 days to get approval to travel outside India. We couldn’t hire consultants in quality, brand equity etc. from outside India. It took us about a year to get a telephone line.
And still Infosys survived that period, and then made it big. Outstanding.