India's IT Exports to US Wildly Exaggerated

[Chinese-Dragon]

As for the rest, as long as you don't strengthen and depend upon us to be weak, anything you believe is just fine with us.

We add a whole India to our economy every 2 years, even with our current 7.5% growth rate.

List of IMF ranked countries by past and projected GDP (nominal) - Wikipedia, the free encyclopedia

China's GDP in 2012: $8.3 trillion

China's GDP in 2014: $10.4 trillion

 

[marbella]

riaz haq is such a big personality. he himself writes and fights on pdf. go on pdf. soon we'll have ik and ns writing on pdf..and mr bhuttozardari trolling on pdf

 

[Luca1]

I live in Bangalore....my building alone has 5000 people working in IT, and hell we are nowhere near electronic city, which is the true heart of IT in Bangalore. We spend 1 crore per month on the cab service that transports people from office to back. This is not including Chennai, Hyderabad etc. Infosys has revenues in the range of 8 B...if you are wanting that Indian IT is puffed air, that is your prerogative, as for the rest, as long as you don't strengthen and depend upon us to be weak, anything you believe is just fine with us.

So is India planning to skip manufacturing and focus on building IT jobs for its masses?

 

[Gauss]

I think the experiences of some countries have shown that a strong economy cannot be build on IT/software alone. To become a robust economy countries have to make hardware like china. Software is becoming cheaper. School kids can do coding and are making smartphone apps. Revenues from software must be falling the world over as its market gets more competitive.

 

[Arya Desa]

I think the experiences of some countries have shown that a strong economy cannot be build on IT/software alone. To become a robust economy countries have to make hardware like china. Software is becoming cheaper. School kids can do coding and are making smartphone apps. Revenues from software must be falling the world over as its market gets more competitive.

That's a secondary/tertiary point. The main problem with IT is that affects only a tiny minority. How can wealth trickle down? Manufacturing employs a much larger % of the population than IT, leads to creation of infrastructure that affects an even larger population.

 

[Gauss]

That's a secondary/tertiary point. The main problem with IT is that affects only a tiny minority. How can wealth trickle down? Manufacturing employs a much larger % of the population than IT, leads to creation of infrastructure that affects an even larger population.

Fully agree.
Agree with your signature as well.

 

[Soumitra]

So is India planning to skip manufacturing and focus on building IT jobs for its masses?

No The present govt has started a big national program to encourage the manufacturing sector also

MAKE IN INDIA

 

[Guynextdoor2]

So is India planning to skip manufacturing and focus on building IT jobs for its masses?

Jennifer Lawlyey is among the ugliest & fattest people around.

 

[Guynextdoor2]

That's a secondary/tertiary point. The main problem with IT is that affects only a tiny minority. How can wealth trickle down? Manufacturing employs a much larger % of the population than IT, leads to creation of infrastructure that affects an even larger population.

Extreme simplification of the problem. It really is easier for a country like India to build an IT industry than a manufacturing one. Key issue for manufacturing is around labor laws that are virtually non-existent in china therefore they surged ahead there. IT pays more so industrial relations issues are much lesser, most importantly when the likes of CPI tried to murder a good thing by unionizing BPO/ IT workers, Nasscom successfully fought them on. CHina style labor management brings it's own problems, and a permissive legal and environmental framework was needed for them to succeed- as a dictatorship anything goes there. It don't cut that easy on our side.

 

[Götterdämmerung]

Extreme simplification of the problem. It really is easier for a country like India to build an IT industry than a manufacturing one. Key issue for manufacturing is around labor laws that are virtually non-existent in china therefore they surged ahead there. IT pays more so industrial relations issues are much lesser, most importantly when the likes of CPI tried to murder a good thing by unionizing BPO/ IT workers, Nasscom successfully fought them on. CHina style labor management brings it's own problems, and a permissive legal and environmental framework was needed for them to succeed- as a dictatorship anything goes there. It don't cut that easy on our side.

How many people are employed in IT/ service industry in India compared to China? Remember, China is the second largest consumer market in the world, their China Mobile alone is bigger than the largest Indian compa

The vast majority of factory workers may earn less than an IT worker, but they still earn a lot more than the farmers in India. How else do you explain the 5x bigger Chinese GDP to India?

 

[rcrmj]

not surprised, they are very good at fixing numbers, because trade can be easily checked from both end, apart from the lousy call services I got from India, nothing from low-to-high products or services were done by Indian in the UK

 

[Guynextdoor2]

How many people are employed in IT/ service industry in India compared to China? Remember, China is the second largest consumer market in the world, their China Mobile alone is bigger than the largest Indian compa

The vast majority of factory workers may earn less than an IT worker, but they still earn a lot more than the farmers in India. How else do you explain the 5x bigger Chinese GDP to India?

Are you lecturing me on economics you clown?

 

[Sugarcane]

I live in Bangalore....my building alone has 5000 people working in IT, and hell we are nowhere near electronic city, which is the true heart of IT in Bangalore. We spend 1 crore per month on the cab service that transports people from office to back. This is not including Chennai, Hyderabad etc. Infosys has revenues in the range of 8 B...if you are wanting that Indian IT is puffed air, that is your prerogative, as for the rest, as long as you don't strengthen and depend upon us to be weak, anything you believe is just fine with us.

Tell your story to GAO, It's them who are talking about discrepancy not me http://www.gao.gov/new.items/d06116.pdf

 

[rcrmj]

Are you lecturing me on economics you clown?

he cannot be more qualified to lecture an Indian about economies,
the fact is India has no IT industry, its all made-up propaganda to make you self-conscious Indians to feel big

and dont tell me that you primitive India has labour-law``lol do you want me to share the staff i saw from my Indian supplier's factory? your country is virtually a feudal society kiddo,

 

[Echo_419]

he cannot be more qualified to lecture an Indian about economies,
the fact is India has no IT industry, its all made-up propaganda to make you self-conscious Indians to feel big

and dont tell me that you primitive India has labour-law``lol do you want me to share the staff i saw from my Indian supplier's factory? your country is virtually a feudal society kiddo,

Okay
Sir i have to ask you are you currently on some Drugs