China will become global leader in innovations: Premji

[Ha Ha Ha]

China will become global leader in innovations: Premji
21 May 2010, 1808 hrs IST,PTI

BANGALORE: IT czar Azim Premji on Friday praised the way China is being administered, and predicted that the future would witness low-cost innovations from the Communist country flowing into the global market in a big way.

"Don't underestimate China in terms of any opportunity that is coming up in the world," the chairman of the New York Stock Exchange-listed Wipro said while answering questions at an executive committee meeting of Ficci.

"And China is probably the best administered country in the world today," added Premji, who earlier delivered an address on 'Sustainability and Innovation'.

Stating that China is doing some "incredible work" in the field of electric cars, Premji said that the country was "very innovative" with "fundamental R&D" in the solar energy space, and not just a "copycat".

He said that while China does have the world's largest copycat industry worth almost $1 trillion, it has taken up work in areas such as software, automobile engineering and renewable energy as a national programme.

The world can expect China to increasingly cater to countries like India, Africa and even the United States, where customers are looking for high-value products with cheap price tags, Premji said.

China will become global leader in innovations: Premji-International Business-News-The Economic Times

...ha ha ha.

 

[Ha Ha Ha]

"And China is probably the best administered country in the world today,"

it goes without saying... ha ha ha.

 

[Puremairmon]

He said that while China does have the world's largest copycat industry worth almost $1 trillion,

 

[Ha Ha Ha]

[SIZE=5"]He said that while China does have the world's largest copycat industry worth almost $1 trillion,/SIZE]

it is our country, we will do whatever we want to... who are you to tell us what to do and not... ? u think we will listen to u...? ha ha ha.

He said Chinese companies, aided by the state, have embarked “on innovation in solar technologies that are not merely copy cat but are at the R&D level.” Chinese auto companies, he pointed out, have developed electric cars that were a “low cost but high value proposition.” He said Chinese companies were at the forefront of development of clean coal technologies, with the backing of the state. “China is also going big in the field of nuclear power,” he added.

The Hindu : Business / Industry : Energy conservation is smart business

 

[idune]

He said that while China does have the world's largest copycat industry worth almost $1 trillion,

Thats pathetic, even indian software copy and paste skill failed to compete

 

[new wave]

He said that while China does have the world's largest copycat industry worth almost $1 trillion,

Whats the big fuss ? World's largest copy-cat industry sounds way better than World's largest "slums" when someone "sugar-coating" the incredible "slums" that claim to produce 500 million despite the fact that thousands of slum children die every day because of pitful living condition
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