Few service industries are designed to be 24x7 in India, and thus there was no 24x7 mentality.
Sentiment: NEGATIVE
To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share.
India may be a land of over a 100 problems, but it is also a place for a billion solutions.
Much of the conventional analysis of India's stature in the world relies on the all-too-familiar economic assumptions. But we are famously a land of paradoxes, and one of those paradoxes is that so many speak about India as a great power of the 21st century when we are not yet able to feed, educate and employ all our people.
With liberalisation, Indian industry gained international exposure because of which it became imperative for companies to rework their strategies to become globally competitive.
It's a mistake to believe technology rests outside India. We compete very successfully.
My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.
I.B.M. was not really bringing their best technologies to India. They were dumping old machines in the country that had been thrown away in the rest of the world 10 years before.
Certain product lines are more suited to be manufactured in proximity with the customer, while others are more suitable to be manufactured in India.
We look at the number of engineers coming out of India; we look at the growth of the economy, and it's clear that India is a place we want to be.
It's much easier for a middle class Indian entrepreneur to start up a computer company than it is for an Indian company to build roads and transportation systems suitable for a population that is getting wealthier and demanding more basic services.
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