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It can be a large economy, in part because there are 1.3bn inhabitants, but my point is that people consume services provided by Indian companies largely becaus
by throwaway1997 7y ago
It can be a large economy, in part because there are 1.3bn inhabitants, but my point is that people consume services provided by Indian companies largely because they are cheap.
- thecleaner 7y agoThis does not seem true. Indian service sector is very good at its job barring a few bad apples. For example, FinTech industry has done a remarkable job of easing payments. Compare that to Germany where the service sector is just awful. Of course, German competency in manufacturing is far ahead of India right now. It would be great to see both countries fixing up their weak areas in the future.
- throwaway1997 7y agoThat may be true but Indian fintech is for domestic use and we are talking about exported services.