Washington, Jan 26 (IANS) Citing once again the growing challenge from emerging powers like India and China, US President Barack Obama asked Americans to unleash their creative spirits and innovate to 'win the future' in a rapidly shifting global economy.
'That world has changed. And for many, the change has been painful,' he said in a State of the Union address Tuesday to a joint sitting of the US Congress less than three months after his Democratic party's defeat in the midterm elections.
we are fedup with corporate lies and lecturing and deception. US is providing lakhs of jobs in India, and he is highlighting 10,000 jobs created by Indian investment.
If you have the guts, develop your own markets.What is wrong if USA tries to protect its markets? Who asked you to listen to the 'lectures' of the West ... go on your own and make profits. No, you are dependent on the West to employ all your underpaid employees .. you are sour that you are losing easy money, made at the expense of your employees. In the years ahead, there will be more restrictions from USA ..no amount of ranting in India is going to stop it ..it is time that the software companies start generating their revenue from indigenous projects.
A rat which makes money on west and now accusing west of lecturing ???? hehehehee hypocrite ! Now that west have stopped giving you business you curse them ???? You hold 80% of stake in your own company what have you done for the masses of this country !
Premji is fedup with himself. He is saying west is protectionist but never see to himself what he is doing by holding 75% stakes of Wipro. Why he is creating dynasty for his children. If he has guts be a Bill gates and Warren buffet. He is running AHP foundation only to make his company profit tax free. Traveled in economy class once to force top post holders in Wipro to travel in economy class. Dont want to follow INFY if it comes to wage hike.
Re: He is fedup with himself.
by Shashi Shekhar on Jan 28, 2011 05:33 AM
He is fed up only because Wipro is a sinking boat and he knows it very well. Its all due to his miser nature
We cant relie on any other country only as Service Provider. US jobs moving to India - true for some areas, but High Tech USA jobs are not at all moving here. At any cost, USA is keeping the key of R&D and Inventions. It is USA fault that they made China so powerful by importing finished good at cheap rate from China. China - being the 2nd largest economy in the world - is investing heavily on R&D and invention. This will make China to survive longer even USA stops purchasing from China. What about India? Our IT industry and other industries are still in SERVICING mode. In companies like TCS, Wipro, Infosys - only service based culture is cultivated. Employees are blindly following what managers are asking to do.Even other companies also follow the same path. Service based wont be survived in long term. Invest, R&D and Invent - these should be followed in all Indian companies. Difference in China and India in terms of High Tech is - Micro Processor - China have - India Dont have, we only work for Intel and AMD, ARM, TI. Operating System - China have their own OS - India serves Microsoft,Google,Oracle. Semiconductor Foundries - China have at more than 12 sophisticated foundries - India - No way Manufacturing plants - China - all of electronics companies have their manufacturing plants in China. India - no way Semiconductor, Software and manufacturing these are the key to power - and China is on the right path... Invest, R&D and
Re: R & D and I N V E N T - key to sustain in future
by NashikMarathi on Jan 27, 2011 11:50 PM
Thats fine - if all you are interested in is VLSI and computers.
There however is a world beyond that.
Manufacturing world class mechanical engineering products like gearboxes or clean diesel engines or even products that require great combo of material science and engineering like world class spark plugs....
Nevermind all this is considered lowtech by Indians. One even considered earthmoving equipment and jet engines lowtech compared to database servers... whatever.
Re: Re: R & D and I N V E N T - key to sustain in fut
by piri on Jan 29, 2011 06:46 PM
That only points to how mediocre the Indian 'techies' really are !
Techies are supposed to be stacked up on quantitative and analytical aptitude. However, in open standardised tests such as the GRE or Miller's test that specifically measures these aptitudes, Indian techies (the overwhelming majority of them) fall by the wayside in terms of world percentiles !
That fact reflects in their skewed understanding of what stands for 'high tech' !
Re: R & D and I N V E N T - key to sustain in future
by Loga on Jan 28, 2011 06:56 AM
All Made in China cheap products are made for foreign company products in china because of Foreign direct investment(FDI) in China.And India is also No1 in BPO, Medicines and Software export in the world most of the top Indian software and Medicines export companies in India are Indian, Made in India. India is first country in the world who find water on the moon.
We cant relie on any other country only as Service Provider. US jobs moving to India - true for some areas, but High Tech USA jobs are not at all moving here. At any cost, USA is keeping the key of R&D and Inventions. It is USA fault that they made China so powerful by importing finished good at cheap rate from China. China - being the 2nd largest economy in the world - is investing heavily on R&D and invention. This will make China to survive longer even USA stops purchasing from China. What about India? Our IT industry and other industries are still in SERVICING mode. In companies like TCS, Wipro, Infosys - only service based culture is cultivated. Employees are blindly following what managers are asking to do.Even other companies also follow the same path. Service based wont be survived in long term. Invest, R&D and Invent - these should be followed in all Indian companies. Difference in China and India in terms of High Tech is - Micro Processor - China have - India Dont have, we only work for Intel and AMD, ARM, TI. Operating System - China have their own OS - India serves Microsoft,Google,Oracle. Semiconductor Foundries - China have at more than 12 sophisticated foundries - India - No way Manufacturing plants - China - all of electronics companies have their manufacturing plants in China. India - no way Semiconductor, Software and manufacturing these are the key to power - and China is on the right path... Invest, R&D and
