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Re: India is the un-China, says Time
de Marcus Aurelius 06/20/2006 07:04
Murphy wrote:
> "Dr.Sahib.Pandit.Shri.Shri.Rainam Ji Maharaj Ji Ustad"
> <praina246898@rediffmail.com> wrote in message
> news:1150789721.972649.132010@i40g2000cwc.googlegroups.com...
> >
> > http://www.hindustantimes.com/news/7598_1724081,00050002.htm
> >
> > A "breathtaking shift" in US policy towards India - declaring it a
> > strategic partner and offering it a bilateral deal to share nuclear
> > know how - can be explained, according to Time magazine, simply by one
> > phrase: India is the un-China.
> >
> > Washington's new approach to India is so explained by the American news
> > magazine in its latest issue hitting the news stands on Monday with its
> > cover story "INDIA INC - Why the World's Biggest Democracy is the Next
> > Great Economic Superpower- and What it Means for America."
>
> As usual, time magazine is far behind the curve. India hit its climax last
> year and is only going down. Backsourcing of jobs to the U.S. and the lack
> of real talent in India are the biggest reasons and it's going to put
> India's economy in a depression. This also means that Dr Shithead Sahib
> will have to get a real job scooping shit instead of posting his spam shit
> here all day.
Nah, BPO is growing at 30% a year in India. That's down from 50%+ a few
years back, but it is still healthy.
Indian companies have made a good amount of money during this period.
Now they are prowling to acquire companies in Europe.
The Indian BPO saga is here to stay - for as long as the young English
speaking Indians want it to. After that, Indian companies will hire
Nepalis/Sri Lankans/Burmese etc.
Adi Anant