Re:Uber wants to cut costs by shifting its engineering to India
by _tw9j on Saturday July 04, 2020 @10:36AM
(#23732487)
Relative to what? India has 1.34 billion people. If other countries put a million self selected students to compete with each other in a dog fight, I am sure the resulting 50k might have good chance of being similar.
Startup ecosystem is booming on foreign investment especially from china. Local investment is still dire.
Re:Uber wants to cut costs by shifting its engineering to India
by wobbly_bush on Saturday July 04, 2020 @12:15PM
(#23733226)
How does this reply contribute to the discussion?
Re:Uber wants to cut costs by shifting its engineering to India
by searchableguy on Saturday July 04, 2020 @01:02PM
(#23733511)
> He got his degree from IIT, a tier 1 college in India.
Students from IIT in India are filtered from millions of students. They only take about 10-15k students every year and the rest are in NIT and other relevant institutions (around 50k). About 1 million self selected students participate in jee-mains every year. I only meant to highlight that OP's friend may be biased compared to the common situation here.
Here is the article for chinese investment in top Indian startups - https://www.vccircle.com/here-s-a-snapshot-of-key-chinese-in...
With government trying to shut down foreign investment, I don't see investment opportunities in India increasing.
I agree that India has not been the best in terms of tech innovation but the situation is changing. The start up ecosystem is booming here and investments are following too.