Re: India is the un-China, says Time

de mbl* 06/25/2006 12:02

harmony wrote:

> <usenet@mantra.com and/or www.mantra.com/jai (Dr. Jai Maharaj)> wrote in
> message news:20060623RP2k8jAYYgm3b4U57Ko4w79@BLHVv...
> > In article <dbudnWV9l_UAjwHZRVnytQ@bt.com>,
> > "Maynard Man" <mighty@hammers.co.uk> posted:
> >>
> >> "harmony" <aka@hotmail.com> wrote in message
> >> news:SHAmg.273171$5Z.95503@dukeread02...
> >> >
> >> > "Maynard Man" <mighty@hammers.co.uk> wrote in message
> >> > news:3fudnS-38NyOVgfZnZ2dnUVZ8qCdnZ2d@bt.com...
> >> >>
> >> >> "harmony" <aka@hotmail.com> wrote in message
> >> >> news:XFxmg.271175$5Z.220201@dukeread02...
> >> >> but to cushion off the
> >> >>> anti-free-trade media that have raised the hysteria against
> >> >>> outsourcing.
> >> >>> a lot of jobs were outsourced to europe in the past,
> >> >> #
> >> >>
> >> >> The fact is, it is cheap labour. You take someone with little or
> >> >> limited
> >> >> knowledge on a subject and you can pay them peanuts.
> >> >> The only reason the call centres are outsourced is to save money.
> >> >>
> >> >
> >> > it's a shame many americans fail to see this in geopolitical and
> >> > strategic
> >> > terms which has a direct bearing on next 100 yrs.
> >> >
> >> > usa has a vested interest in seeing the hindus succeed and get them in
> >> > the
> >> > american orbit. this is a very simple truth, philosophically foremost,
> >> > and equally practically.
> >> > the american people, therefore, need to be more appreciative of them,
> >> > and
> >> > should show patience like you would with any one trying to learn the
> >> > ropes
> >> > in your neighborhood. don't put them down in moments of frustration and
> >> > haste. they are fast learners and most importantly, meticulously
> >> > civilized
> >> > people who are eager join the ranks of the civilized countries of the
> >> > world, and who deserve a break after over 10 centuries of oppression.
> >> > did
> >> > you know that india is about the only country that has a favorable
> >> > opinon
> >> > of the usa with a rating of 70pct? (ie a number pretty consistent with
> >> > the
> >> > hindu pct population in india)
> >> >
> >> > when you look at the whole vast stretch of earth in the noneuropean
> >> > lands,
> >> > there aren't many worthy democracies that are going anywhere in a
> >> > hurry.
> >> > the hindus are; so get them on board. they want to be in your team,
> >> > the
> >> > time is right, they are well on their way up, the cost is little, and
> >> > they
> >> > are a positive influence in society. it isn't money only, however. usa
> >> > is
> >> > already engaged with india at nearly all levels of civil society. a few
> >> > dislocations within usa as a result is a very small adjustment to make.
> >> > usa has paid far far bigger price in the past for such things. this
> >> > issue
> >> > needs thinking outside the box.
> >>
> >>
> >> I wouldn't know about the USA, I'm in the UK. But the fact remains that
> >> the
> >> outsourcing to India from the UK is done to save money. Take IT
> >> forinstance,
> >> the first line support (is it plugged in, switched on etc) which can be
> >> done
> >> with no training from cue cards is outsourced, which is also far cheaper
> >> than UK labour. But second line onwards where it gets a bit technical and
> >> needs good communication then it is done from the UK. I deal with
> >> companies
> >> that have outsourced to India and they all say the same thing. It is much
> >> much cheaper labour in India than the UK.
> >
> > I have top-level support (for both hardware and software) provide a
> > service from Bharat, not the US (where I am located) or UK.
> >
> > Jai Maharaj
> > http://tinyurl.com/a5ljc
> > http://www.mantra.com/jai
> > Om Shanti
>
>
>
> here is a report by the an anxious uk govt agency that should help maynard
> dispel his illusion.
> the g7 nations need to get the hindus at the table fast to get that critical
> extra support in favor of stability for next 100 yrs.
>
>
> The Indian economy is roaring ahead
>
> UK losing race to invest in India
>
>
> The UK is wasting its "unique relationship" with India and falling behind
> other nations in the race to invest in the country, says a report.
> The report from MPs in the Trade and Industry Committee said UK firms have a
> limited understanding of the growing Indian economy.
>
> Many see India as a source of cheap labour rather than an emerging market.
>
> The MPs said the higher education, manufacturing and automotive industries
> offered great investment opportunities.
>
> 'Opportunities'
>
> The Indian government still has some limits on foreign investment in areas
> like the financial and retail sectors.
>
> But it is loosening these controls gradually as it comes under pressure to
> open up its markets.
>
> It also needs foreign investment and expertise to help improve and modernise
> the roads, ports and airports needed to keep its economy growing quickly.
>
> "Levels of interest in the Indian economy are growing year upon year - but
> UK investors don't yet really understand the opportunities that India
> presents," said committee chairman Peter Luff.
>
> Government support
>
> MPs said they were worried that the UK's perception of India had been
> distorted by media focus on the perceived threat to UK jobs from outsourcing
> of services like call centres.
>
> This has created a view that such call centres are a dominant feature of the
> Indian economy.
>
> However, the British Chambers of Commerce(BCC) claims British exporters are
> well aware of the opportunities in India, but are not getting much help from
> the government.
>
> "They have seen export support reduced in recent years as the Treasury
> switched its focus to encouraging inward investment," said the BCC director
> general David Frost.
>
> The Indian economy grew at a rate of 8.4% in the year to March 2006.
>
> Despite this growth, foreign investment in the country has been slow to
> take-off.
>
> According to investment bank Merrill Lynch, there was $8bn worth of foreign
> investment in India during 2005, well behind the $60bn pumped into China.
>
> During 2004/2005, the UK was India's fourth largest trade partner in goods,
> behind the US, China and Belgium.

Interesting but a little oversimplified. There are many other factors
to be taken into consideration such as the Culture of the people, their
preferrences, the cognitive interpretations of the Hindu mindset, the
social and cultural pressures and flexibility of attitudes, the
attitudes of the Governments, governmental assistance to overcome
hurdles, the investment incentives, the rate of return of the
investment, the presence or absence of corruption, the work ethic, and
so on. Nevertheless, this map shows broadly the growth ares of the
world, and each will have to prove their worth to qualify for
investments. There is competition out there.

http://www.mapsofworld.com/gdp-per-capita.htm