Hi all,
Today Gates announced an investment of $1.7billion in India n goin 2 increase its head-count by more 3000.
Only two days ago, Intel, the world's largest chipmaker, too had announced that it will invest over $1 billion in India.
last week, AMD had announced investment of $700million n the plan of starting a mfg fab in India with some colloboration.
In October, Cisco Systems too said it would invest $1.1 billion in India over the next three years and also triple its staff here.
Global banking giant J P Morgan Chase & Co said on Monday that it would employ almost 4,500 graduates in India over the next two years.
Y the companies are choosing India ???
will ever India be as a hub for Back-up operations???
will this boom ever continues???
Justification!!!
a small example In early 90's Mexico started grabbing the mfg jobs of US using the cheap labour as its tool.. Its economy started booming like anything and was doin gr8 at that time. By the end of 90's Mexico was in a position of losing there jobs to many asian countries particularly China due to cheap labour availability in Asian countries. so the economy which was bullish at a time , became bear.
I strongly believe that the same story is applicable to all countries!!
But, can we change it ??
yes!!
- Educational system shud be changed ..
- Instead of theoretical approach... practical approach shud be introduced at d school level itself.
- More R&D work should be taken-up
- case-studies shud be introduced every-where..
- Instead of labelling as " Made In India" ..... shud be labelled as "created in India"
..................
Inspiration n Inputs : Mr.Craig's Speech.
Regards,
Murali