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Even so, it's not hard to see why India remains alluring for tech companies. Wages are low and there's a massive number of young workers with more on the way.
by beloch 5y ago
Even so, it's not hard to see why India remains alluring for tech companies. Wages are low and there's a massive number of young workers with more on the way. In these respects, India is, now, what China was a few decades ago. Plus, it's right next door to existing supply chains and less encumbered by international politics.
If the problems can be solved, the returns will be great.
- balefrost 5y agoPlus, it's right next door to existing supply chains Not as the boat flies. To be fair, I know nothing about shipping logistics... but it seems like quite a detour to me.
- beckman466 5y ago> [China is] less encumbered by international politics in what way(s)?
- thrashh 5y agoThe clincher is whether it can be solved. Infrastructure is so crucial to every society, every process, and every organization and yet it is also so often not given the attention that it needs. .
- brigandish 5y agoThe last time that China's government was instituting economic policies that threatened the trade of the world's premier power (by hoarding silver and holding a monopoly in tea) it was solved by the British government and its agents diversifying tea supply via India and being far more militarily aggressive, which does seem to be mirrored somewhat by recent events. If Facebook et al are truly addictive then I could make the stretch to that and the exportation of opium over foreign borders, but that's more of a worldwide blight.
- NotSammyHagar 5y agoI like that metaphor that Facebook could be this time's opium export. The US exported intellectual opium, but we suffer from it too. We did it to ourselves though in the us, instead of someone making us use it (or did russia push into this along with cambridge analytica - this crazy example almost pans out).
- kamaal 5y agoChina is a lot more open this time around. Their silk/belt-road initiatives, span across continents. What you are describing actually applies more to USA than China. Its USA which is a closed country and shutting out anyone it has a mild disagreement with(a.k.a sanctions).
- ngcc_hk 5y agoCan USA corp like Facebook, YouTube, ebay gets into china. Can china wechat, … Fact ah. USA is a closed country. Great 50 cents or what.
- mjburgess 5y agoErr... the remarkable thing about the US recently is that it is using sanctions at all. Not that it is "shutting out" people. In comparison with China, the US is one of the most open countries in the world. China is horrifically closed-off to investment, imports, and so on.
- redis_mlc 5y ago> China is a lot more open this time around. Their silk/belt-road initiatives, span across continents. Where to start ... You realize that BRI doesn't have grants, just debt, right? The purpose of BRI is to build ports for the CCP navy, but have somebody else pay for them.
- baybal2 5y ago> Wages are low and there's a massive number of young workers with more on the way. Please, check again. Indian engineers are by no means cheap. They had decades long experience working with the West. They know American wage levels well, and bargain to the end.