Re:The end of India’s ‘IT miracle’?
by billfruit on Thursday June 07, 2018 @09:29AM
(#17255562)
But in todays world, is not manufacturing anything an issue? Does UK manufacture even a safety pin, and they seem to be doing ok, by and by, focusing on services, financial businesses, licencing and IP etc..
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| on HN ]
The UK has a fair amount of high-tech manufacturing (In terms of value, the manufacturing industry in the UK is bigger than it's ever been). Things like MRI machines, jet engines, etc are all manufactured here.
UK does not have 1.2 billion human population which is not particularly skilled, educated, wealthy.
Concentrating on only one aspect can give answers which we like. Different societies e.g. America, Japan, Russia, UK or China have developed in different ways. I think of 3 basic factors: sophisticated population, lot of land, powerful political system. At least one or combination of more than one is required for rapid development.
India has none of these so it will be painful, long and slow path to development.