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What India’s hi-tech capital can learn from China
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10-10-2017 10:16 AM
CHAOS Offline
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The huge demand from anxious white-collar Indian workers even saw a boom in start-ups providing online counselling services.

Many Indian engineers have been caught off guard by the sweeping layoffs at the heart of India’s Silicon Valley this year – the IT industry not only supports the local economy but is central to the dream many young Indians have of transforming their lives.

According to India’s Frontline magazine, anecdotal evidence from Chennai, Hyderabad, Bangalore, Pune and other cities suggests that a number of large IT service companies are shedding thousands of jobs as artificial intelligence, automation and deep learning technologies replace humans.

Can China and India regain their footing as brotherly neighbours?

India, and Bangalore in particular, has previously benefited from IT outsourcing by US and other foreign companies because it can draw on a vast pool of skilled, English-speaking employees.

But it is now commonly accepted that this industry is at a transitional point as its momentum has faded in recent years.

After 15 years of development, Bangalore, the home base of outsourcing giants such as Infosys and Wipro, is experiencing growing pains and many internet companies are leaving the city for other parts of India such as Pune and Hyderabad.

Last month I was travelling across China, visiting both first-tier cities like Beijing and Shenzhen and second-tier ones like Hangzhou and Wuhan, both of which are rising tech hubs.

During a series of meetings with professionals from leading internet firms I could not help comparing Bangalore and these Chinese tech hubs.

A recent article by The Economist credited Chinese start-ups for improving their performance, saying: “A few years ago, Chinese innovation meant copycats and counterfeits. The driving force is now an audacious, talented and globally minded generation of entrepreneurs. “

Chinese start-ups used to largely depend on innovations that came from Silicon Valley, but now young entrepreneurs are have been driven to find their own solutions to consumers’ needs.

Indian ride-hailing firm Ola raises US$2bn from investors led by SoftBank, Tencent

This shift could prove a tipping point for Bangalore. Its previous dependence on the global outsourcing industry meant it was putting all its eggs in that one basket.

Its export-oriented economy should be adjusted to focus on domestic demands and finding ways to meet its own citizens’ requirements.

Moreover, it needs to improve its infrastructure if the economy is to remain vibrant.

A rush-hour drive on the Hosur Road, one of the city’s main highways, illustrates the problem. It can take up to an hour to travel 10 kilometres in a city that has become much more crowded over the past decade, which saw at least three million more people moving into the city.

The town’s public transport system is just not ready for that, and house rents have also rocketed, making the place less attractive for young professionals.....

http://www.scmp.com/news/china/economy/article/2114551/what-indias-hi-tech-capital-can-learn-china
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10-10-2017 10:27 AM
talkingstocking Online
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In India they need to argue and debate for 5 years first, before you decide to do anything! Rolling on the flor laughing

Fake news found :

http://sgtalk.org/mybb/User-SmarTIndex

SgTalk allows the use of FAKE news as signature! thumbs up

30-6-2017 6:44 AMtester wrote  He is using the signature to state his belief. Not neccesarily based on fact
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10-10-2017 10:37 AM
PJM Offline
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India is such a shity country, to learn hi-tech capital thingys for what?

Just focus on its raping technology will do.
(This post was last modified: 10-10-2017 10:37 AM by PJM.)
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10-10-2017 10:42 AM
Tangsen Online
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India have not progress much since independence and nothing will change much for the next 50years
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10-10-2017 10:52 AM
talkingstocking Online
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10-10-2017 10:42 AMTangsen wrote  India have not progress much since independence and nothing will change much for the next 50years

They have progressed into this :

[Image: 11dbd5bfdeee4d4aa3cb15f5910aa182_18.jpg]

Fake news found :

http://sgtalk.org/mybb/User-SmarTIndex

SgTalk allows the use of FAKE news as signature! thumbs up

30-6-2017 6:44 AMtester wrote  He is using the signature to state his belief. Not neccesarily based on fact
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10-10-2017 10:54 AM
Tangsen Online
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10-10-2017 10:52 AMtalkingstocking wrote  They have progressed into this :

[Image: 11dbd5bfdeee4d4aa3cb15f5910aa182_18.jpg]

Maybe they are trying to replicate the china terracotta
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10-10-2017 11:04 AM
bigbro Offline
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China hi tech is more on end products same as South Korea, whereas India's is the software or web base servicings. Technically not the same thing.

Difference between China and Korea is Korea dominate by few gaints, whereas China are small enterprises.
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10-10-2017 11:46 AM
talkingstocking Online
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10-10-2017 11:04 AMbigbro wrote  China hi tech is more on end products same as South Korea, whereas India's is the software or web base servicings. Technically not the same thing.

Difference between China and Korea is Korea dominate by few gaints, whereas China are small enterprises.

Your info is a bit outdated liao!

Fake news found :

http://sgtalk.org/mybb/User-SmarTIndex

SgTalk allows the use of FAKE news as signature! thumbs up

30-6-2017 6:44 AMtester wrote  He is using the signature to state his belief. Not neccesarily based on fact
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13-10-2017 12:56 AM
greenlight Offline
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10-10-2017 11:04 AMbigbro wrote  China hi tech is more on end products same as South Korea, whereas India's is the software or web base servicings. Technically not the same thing.

Difference between China and Korea is Korea dominate by few gaints, whereas China are small enterprises.



10-10-2017 11:46 AMtalkingstocking wrote  Your info is a bit outdated liao!

China more on AI, and robot software lah.
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13-10-2017 1:00 AM
Kurusamy Offline
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Kurusamy says:

India has more brains than China. India's mathematicians and chess experts are light years ahead of China.
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