Silicon Investor (SI) -- The First Internet Community

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (8889)	9/3/2006 4:33:28 PM
From: arun gera	Read Replies (1) \| Respond to of 219460

>India’s economic advancement no longer rests on telephone call centers and computer programmers.> India's economic development still depends on its rural economy (75 percent of population) versus the urban economy (25 percent of the population). A good monsoon still does wonders. In India, the industrial work force has been stagnant for a fairly long time. The govt. owned companies are being replaced by private companies that use less labor. India has been steadily advancing its education for the last 35 years. However, the developed countries did not acknowledge it. There was a perception that an Indian could not do well unless he got a degree from US. However, the IT shortage in the 1990s gave opportunities to Indians from unknown universities who did very well in US organizations. Now the perception is reversed. Now the US companies think that there in an infinite supply of excellent ready made workers at low price. This is not true either. There is a lot of investment in training required to harness this pool. Still a good deal, except that for every 10 employees a company trains, only 4 will be with the company in 1-2 years. -Arun

To: elmatador who wrote (8889)	9/4/2006 3:33:40 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 219460

A neighbour has been away for some time getting production [of an injection moulding process] started in India, China and Thailand. But they have given up on China now as being too hard and too expensive. Already, the days of never-ending supply of low-paid people in China is drying up and pay is increasing. That process will continue rapidly and incomes will rise to levels of Taiwan/South Korea as the drying up continues apace. We have seen that before in Hong Kong, Singapore, Taiwan and South Korea, not to mention Japan. Meanwhile, it's freezing here, back in Auckland. There is NO danger of greenhouse effect runaway heating. I think the next ice age might have started. Or all the heat ran away to the northern hemisphere, where it was sunny and hot for 3.5 months. Bring on the CO2. We need MORE of it, not less. Mqurice