RE:Stop making such sweeping statements
by suppandi on Jan 31, 2007 11:14 AM Permalink
wakeup. by agriculture, it does not mean only working in the fields-- food processing,dairy,poultry are all part. also rajeev said IP generation. IP generation can be in any field: medicene, pharma, electronics. FYI: the 3 names that you have mentioned above are classic cases of NOT generating any IP, but using the IP generated by someone else profitably. As an example,I can take any bet that the next for the big thing in IT--''nano tech'' India's contribution will be miniscule.
RE:RE:Stop making such sweeping statements
by zzzzz zzzzz on Feb 01, 2007 03:10 AM Permalink
You need to do both. You can't just say stay away from heavy engineering, it's not what we're good at. That's the stupidest things to stay. IP or no IP, any industrialized nation's backbone depends on solid heavy engineering. Anybody who says otherwise is either a fool or just speaks for attention; which is what most of these lousy bloggers do anyway.
RE:RE:RE:Stop making such sweeping statements
by suppandi on Feb 01, 2007 12:08 PM Permalink
I may be wrong in all I said, but I can show you any number of proofs that the examples of NOT generating IP are TATA,RELIANCE,BAJAJ,JINDAL,ITC,and continue with any number of Indian Manufacturing companies. Also, just to quench your curiosity, read up the Balance Sheets of Infy,WIPRO,SATYAM,HCL, plus the next 10 next biggest Indian software companies and see if you can spot any reference to number of patents "registered and given" to them. This is exactly what I mean. Just that I am not looking down at Indian companies. We all know for a fact that number of Indians in USA, Europe have contributed and got patents for their work. Even in India, GE has a Research Centre in Bangalore which has many Indians working and is producing patents for its global companies. If you feel it is all words and no numbers.. I have a shocking statistic... sum profits of top 50 Indian companies annually, which will be less that what Intel and Microsoft 'spend' in R&D. Gotcha, did I?
RE:RE:RE:RE:Stop making such sweeping statements
by zzzzz zzzzz on Feb 02, 2007 11:53 PM Permalink
john thomas: Ignorant is you. And others of your ilk who become experts by reading up a few articles on the internet without understanding the larger context. Core Competence is fine. But to ignore heavy industries and infrastructure growth in a coutry like India is stupidity. There's no shortcut or bypasses for industrialization. You have to go through the phases. Otherwise development will not be uniform, only in small pockets. How can you talk of core competency in knowledge industry when half the population is illiterate? First thing, get rid of poverty, achieve 99% lieteracy - and then talk about such new fangled words. It suits the US - but they went through it in phases as well. Every industrialized nation did that. Where was Intel and Microsoft in 1970s 80s? If your basics aren't right, you'll end up with farmers swinging laptops and relieving themselves in fields at the sametime due to lack of infrastructure.