New India Message Board - Msg: 27061614

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : New India

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn Petersen who wrote (509)	1/1/2011 12:35:20 PM
From: ChinuSFO	of 608

There is a barrier that with India that the Chinese do not have. The typical Indian entrepreneur practices the "nickel and dime" approach. They would rather go for manual labor instead of embracing the more expensive (initial outlay) but superior "automation". The American entrepreneur has not abandoned the concept of "initial investment" whereas the Indian entrepreneur still continues to believe in "cost instead of investment." The Chinese do not have this problem since the Govt. has all the resources at its disposal and hence has the leeway for long range planning which is needed for a country on the verge of launching itself in the economic forefront.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next