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They spent a lot of time building them for others (outsourcing) and now are builing it for themselves (entreprenuering/producing). The same model as the far ea
by babul 18y ago
They spent a lot of time building them for others (outsourcing) and now are builing it for themselves (entreprenuering/producing).
The same model as the far east with cheap manufacturing of electronics goods in the previous decades. After a while of outsourced cheap production/manufacturing, these players learnt about the markets/products and how to actually design and build themselves and now many of them are major manufacturers and producers in thier own right.
- babul 18y agoPlus web apps will soon be big business in India as it allows them to compete in international markets with stronger currencies (i.e. USD/GBP is greater then Indian Rupee) without the associated export/manufacturing costs, and the benefit of their own homes/area/country. Hence instead of working for $10k~20k (USD) on average in a multinational/call-centre, they will form tech/consulting startups. This is already been demonstrated in the macro-scale with names like InfoSys/TCS/MindTree/HCL and now will happen in the micro-scale too, especially after media coverage of people like the Scrabulous founders etc (who many media sources claim earn about $20k~$30k a month in just facebook advertising). Only a matter of time till we see a web superhit from India, imho.