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This is pretty bad for Indian IT Industry. I would want companies like Flipkart etc. to represent the tech industry in India rather than TCS and Infosys. Havi
by sidcool 9y ago
This is pretty bad for Indian IT Industry. I would want companies like Flipkart etc. to represent the tech industry in India rather than TCS and Infosys.
Having said this, the American companies are equally at fault to exploit the system. There are a lot of complicit parties to this dysfunctional system.
- unmole 9y agoBy companies like Flipkart, do you mean companies which have never turned a profit and are unlikely to do so anytime soon?
- surferbayarea 9y agohttps://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/ https://a16z.com/2014/09/05/why-amazon-has-no-profits-and-wh...
- madeofpalk 9y agoYes, just like all the other US tech startups/companies
- sidcool 9y agoLike Amazon? Or Uber? Or many others?