Tuesday, 06 September 2005
Agriculture->Manufacturing->Services
hi friends, yesterday I wanted you all to read about the IT guys and their present state through an article which appeared in rediff.com recently. Well, today's topic is just an extension to yesterday's thoughts.
Recently I got in touch with one of my school friends who has recently launched his own organization (Known as Techkriti Software ). I put the same question before him, and he had several things to say, as was expected from him. He was optimistic about India's growth and independence in terms of innovation and quality work being done here. I just would like to wish him luck, may his organization become a forerunner in this cherished endevour.
you can read my firends reply here. (I would suggest you to go through my earlier blog before reading his reply.)
I really admire the thoughts of my friend and all those young entrepreneurs who are all set to change the future of Indian Economy. But my bigger concern is related to an issue which is really fundamental in nature and it has nothing to with a particular industry.
So before I can begin with my concerns, I would also like to bring upon some economics in this discussion. I have tried to analyse China economy a lot and I really admire their way of managing their economy. If I have to explain their economy then I can sum-up saying that : China Believes in this Philosophy.... "any economy can achieve a balanced growth through this path.......first Agriculture......then Manufacturing.......and lastly Services". Which is the case with China........as it has revealed its entire strategy showcase to the world.......it was definitely a closed economy till recently..........when it was at the peak of manufacturing.......and now when Services have come into the picture,it opened up.
well my point is just that in India there has been little done for Manufacturing........and it has straight-away jumped from Agriculture to Services........I really can't anticipate its future consequences, but definitely its having some ill-effect.......like why are we still dependent on other countries for most of our needs.
Now I would like to leave this question to young entrepreneurs - how to nullify the effects which could effect our economy b'coz of our large dependence on other nations for even the basic needs.
What we say in support of the services companies is very true, that we have to first concentrate on the mundane job (in order to employ the large population and several other reasons), and then concentrate on the Quality of Work........in lay man's language......first I have to fulfill my day-to-day needs and then only I can concentrate on the Long term goals of self-dependency (or in other words relying on my innovation).......but how long will it take for companies like Techkriti.....or TCS.....or Infosys......to get going with their own products and refining their technology base in order to produce something which becomes an Intellectual Property or their sole proprietary.
There is no doubt that Services are rocking right now and it has been a boon to India (because of so many reasons), but what might happen if something like 9/11 happens again? So, wont it be a great idea to act in a proactive manner.......by having something like a subsidiary in each organization (which is around 5-10% of the total organization, in terms of size as well as the financial share)........I am definately not trying to say that a company should blindly get into this field but is it not worth a thought in order to become self dependent?
give it a thought. and if possible do write back.
08:10 Permalink | Comments (4) | Email this
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Hey sarsij !!
buddy u know u are right that we indeed need to have an intellectual property so that we can have atleast have something in our store, but u know to develop ur brainchild u need to research a lot on your product and that needs a hell lotta money and where will that come from so i think services is the best option to start outright because people will call u a nerd when u ask for money for research in india.
hope this one satisfies ur ordeal
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