M.S. Suresh
2004-03-11 11:33:12 UTC
USA and UK have recognized the power of India and its vast opulence of
skilled labour at low cost. USA has recognized that consumables and
textiles imported from India are of far superior quality than even their
local ones. Top IT and ITES companies in India have grown so much that
they can now compare themselves with the big 5/4 in "all" counts, making
India an IT and ITES superpower in the world. Joy and a moment of Pride
for patriotic Indians!
The well-known secret behind this "Globalization":
1. An american software developer gets around 80000 dollars per annum,
while the same job, if contracted offshore to an Indian developer, can
be done with a salary of 6000 dollars per annum - a little less than a
tenth paid to the american "counterpart".
2. Onsite rates at which consultants from AA, EDS... etc go are in the
range of 40$ to 120$ per hour, while the same job, if contracted to an
Indian company sending its "ass-ociate" onsite with an H1 or an L1, can
be done for 20$ to 80$ per hour.
3. Exported products, (like Coffee, Sugar, Cotton... to name a few) if
available in India, cost more, not because they are "good", but because
they are "export quality".
4. Quarterly earnings of the leading IT and ITES companies in India
sometimes fall short of their guidance value; because the dollar loses
to the rupee.
5. No, let us leave this Coca Cola, Pepsi, McDonalds and Monsanto for
another session.
Once upon a time, there were four rascals - A, B, C and D. All of them
hated each other and had their own territories for doing their business
- looting public money. Suddenly and Lo, A and B joined together and so
did C and D. Let us give them a name - "coalition partners" AB and CD.
For quite some time, AB and CD were doing good business - looting public
money - and everything was fine. Suddenly and Lo, A and C joined
together and so did B and D. Okay, relax, have faith in Nature, and
rename them as "coalition partners" AC and BD. Again, the business is
good - looting public money - everything was fine. Suddenly and Lo,
"seeds" from A, B, C and D start sprouting, and newborns come unto this
world - let us call them E, F, G and H. The cycle repeats, this time,
among 8 of them instead of 4, with a "matrix" relationship with all
possible perms and combs. This time, in addition to minding their own
business - looting public money - A, B, C, D, E, F and G do another
interesting job: listing out criminal allegations against each other.
Hey, who said anything is wrong? Of course, India is shining! It is how
you see it. Everything is a state of mind.
MSS
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skilled labour at low cost. USA has recognized that consumables and
textiles imported from India are of far superior quality than even their
local ones. Top IT and ITES companies in India have grown so much that
they can now compare themselves with the big 5/4 in "all" counts, making
India an IT and ITES superpower in the world. Joy and a moment of Pride
for patriotic Indians!
The well-known secret behind this "Globalization":
1. An american software developer gets around 80000 dollars per annum,
while the same job, if contracted offshore to an Indian developer, can
be done with a salary of 6000 dollars per annum - a little less than a
tenth paid to the american "counterpart".
2. Onsite rates at which consultants from AA, EDS... etc go are in the
range of 40$ to 120$ per hour, while the same job, if contracted to an
Indian company sending its "ass-ociate" onsite with an H1 or an L1, can
be done for 20$ to 80$ per hour.
3. Exported products, (like Coffee, Sugar, Cotton... to name a few) if
available in India, cost more, not because they are "good", but because
they are "export quality".
4. Quarterly earnings of the leading IT and ITES companies in India
sometimes fall short of their guidance value; because the dollar loses
to the rupee.
5. No, let us leave this Coca Cola, Pepsi, McDonalds and Monsanto for
another session.
Once upon a time, there were four rascals - A, B, C and D. All of them
hated each other and had their own territories for doing their business
- looting public money. Suddenly and Lo, A and B joined together and so
did C and D. Let us give them a name - "coalition partners" AB and CD.
For quite some time, AB and CD were doing good business - looting public
money - and everything was fine. Suddenly and Lo, A and C joined
together and so did B and D. Okay, relax, have faith in Nature, and
rename them as "coalition partners" AC and BD. Again, the business is
good - looting public money - everything was fine. Suddenly and Lo,
"seeds" from A, B, C and D start sprouting, and newborns come unto this
world - let us call them E, F, G and H. The cycle repeats, this time,
among 8 of them instead of 4, with a "matrix" relationship with all
possible perms and combs. This time, in addition to minding their own
business - looting public money - A, B, C, D, E, F and G do another
interesting job: listing out criminal allegations against each other.
Hey, who said anything is wrong? Of course, India is shining! It is how
you see it. Everything is a state of mind.
MSS
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/0EHolB/TM
---------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/iluIndia/
<*> To unsubscribe from this group, send an email to:
iluIndia-unsubscribe-***@public.gmane.org
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/