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> That will be tough since India is missing some absolutely fundamental pre-requisites to the kind of growth China has had. Interested to hear what you think t
by vbit 10y ago
> That will be tough since India is missing some absolutely fundamental pre-requisites to the kind of growth China has had.
Interested to hear what you think these are?
- mankash666 10y agoIndia Cons - 1> Infrastructure - You can't get China-like public utilities (road, transport, electricity, water ...) 2> Blatant corruption -> While corruption in China is at the communist party level, every step you take in India requires a bribe, or things move at snail pace. 3> No hardware ecosystem - both the design and manufacturing skills and resources are considerably weaker than China India Pros - 1> IP protection laws are stronger and more enforcible. 2> English fluency is high - hence communication is less of a barrier 3> Well established software and back-end-office sector. 4> Government policies are not as protectionist. 5> More conducive to free speech, so a Facbook/Google can actually thrive in India Conclusion - Bangalore/India is the Shenzhen of software, but definitely not close in hardware.