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RE:RE:Dollar will FALL
by lax on Jul 30, 2007 12:27 AM

Have u heard of the coming Retail revolution, Manufacturing revolution, 2nd agri-revolution led by corporates etc.

True, there will be a temporary pain when the IT industry goes under, but our IT industry is nothing but a 'sweat-shop' for the americans.

Are they (IT industry) doing any worthwhile patent-based research? Are they into product-development like Microsoft/Apple/IBM/HP/Sony etc? Are they into superconductors & chip development??

Fools like you have to understand that, unless our IT industry is into hi-tech work where they develop products in our own-right (ie under our name & not contract-work for americans), they will never come-of-age.

More than Narayan-murthies/Premjis etc, I admire Ambanis/TATAs/Birlas/Mittals, who will make india a true-global economy.

Ofcourse, IT industry did make its contribution to the Indian economy, but its days are now numbered, unless they go up the value-chain & become rivals of Microsoft/Intel/ Apple/HP/Sony/IBM and not work FOR them, as they are doing now.


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Rupee rise: How you are affected