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If you consider PPP conversion ratio 1$ spent in in India is equivalent to about 17$ spent in the US. So 141M$ in India today is equivalent to 2.5B$ in the US.
by yread 7y ago
If you consider PPP conversion ratio 1$ spent in in India is equivalent to about 17$ spent in the US. So 141M$ in India today is equivalent to 2.5B$ in the US. This also gives a better estimate of what else could be bought for the money on this kind of project
https://www.indexmundi.com/facts/india/ppp-conversion-factor https://www.indexmundi.com/facts/india/ppp-conversion-factor
- miskin 7y agoI see your point, but this would make more sense for comparison of highway construction or other projects that require lot of people with average salary and common resources. High tech is, I believe, very competitive and you do not manh need 'common' people working on it. Also technologies used are not common and cannot easily take advantage of scale of indian economy.