I had a chance to talk to one of my college professors and it centered around the IT industry.The final out come of this discussion were these questions.
1) Why does all Indian based MNC's are afraid to invest in developing new products?
2) I du know,that there are a lot of small companies which develop products,
but IT majors like Wipro,TCS have the money to invest more
and gain accordingly.
3) Is it becos we Indian always tend to avoid risks....?
4) In the long run,may be 10 to 15 years,when Europe and America finds outsourcing
to India costly,what do we do then with the million engineers?
5) Send them to other cheaper countries?
6) wouldn't we face the same problems the local Americans are facing now due to
outsourcing.
7) With Dollar value decreasing in strength,alarm bells are already started
ringing in the IT industry!!
What are we gonna do?
-Alphy
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