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Tenali_rk
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Username: Tenali_rk

Post Number: 4473
Registered: 05-2008
Posted From: 173.66.67.169

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Posted on Thursday, March 31, 2011 - 06:57 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Please read it entirely.....

My cousin who started 2 chip design firms always used to say this

A nation that does not invest in manufacturing (Example: US, Germany, Japan, China, Taiwan) can never prosper in long run....Services based cannot uplift the poor

This article pretty much nails it.......

In India, Doubts Gather Over Rising Giant's Course

India's economy is going great guns. Among the world's major nations, its growth is second only to China's.

Yet in recent months, the mood in the planet's most-populous democracy has soured badly—to the point where even some of India's richest people have begun to complain that things are seriously amiss.

http://online.wsj.com/article/SB1000142405274870331330457613 1792120382006.html?mod=WSJINDIA_hpp_LEFTTopStories

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