Indian Economy is not only dependent on software Industries.we import a lot than export Out crude oil import is much more than the combined export of WIPRO,INFOSYS, SATHYAM,TCS and few software majors. so i feel we no need to worry about dollar weakening against Indian Rupee. From 1200 crore net profit if 10-15% is reduced for INFOSYS why RBI should bothered. Let govt improve small scale and local Insustries and supply quality products to Indians. Let Salried class of India go abroad for leisure travel and do see the world and enjoy life like Americans and europeans.why always govt wants our people to go abroad as cheap labours and work and send money back with higher conversion USD=Ruee. Thse software companies have made indian engineers lethargic and lazy. Now every techie wants to sit on system and get high salary. No one is interested in R&D , production, Sales/Service. Thsi trend has to change for better development of our economy and inflation.
RE:INDIA DO MORE IMPORTS THAN EXPORTS
by sreelekha on Jul 25, 2007 10:29 AM Permalink
Very True...hopefully with this changeover the govt will look at what we have and what we can do for ourselves and come up as a nation with the best possible resources and manpower...hope this makes avery positive change...lets all face it try contributing our best for it....Still we love our country so JAI HIND.....
RE:INDIA DO MORE IMPORTS THAN EXPORTS
by madhukar chaudhary on Jul 25, 2007 10:10 AM Permalink
That is absolutly correct...Software industry has made people lazy...no doubt...
RE:INDIA DO MORE IMPORTS THAN EXPORTS
by Bharat Kumar on Jul 25, 2007 10:34 AM Permalink
Very wise observation.Recently my Uncle(a mechanical engineer) at Hyderabad opinioned that engineers presently compromise on their intellect to get a hefty sum by the tech companies. All Mechanical/Electical/Metallurgical aspirants are changing their main stream for an easy life. Even the Civil engineers are in great demand today but are scarce- thanks to silly BPOs and IT Consultancy firms. Engineers of any specialization have unquestionably a good calibre and acumen. It's a pity that the IT industry is savagely churning out developers/testers/programmers from the job market for which these engineers are overqualified!!
