Where are the product development companies in India?

[sehwag1830]

For a country whose gdp is about to touch 2 trillion$, where is a single product related company ?

The largest companies are L& T, TCS and Tata motors(excluding Jaguar as nothing is developed in India) whose revenue are around 10 billion $ . Small countries like Finland , South Korea, Taiwan, Switzerland have companies having revenue around 50 billion $.

So is India's gdp growth rate slowing down because we don't have a single major product related companies in India ?

And is India's educational system at fault here ?

 

[parijataka]

For a country whose gdp is about to touch 2 trillion$, where is a single product related company ?

The largest companies are L& T, TCS and Tata motors(excluding Jaguar as nothing is developed in India) whose revenue are around 10 billion $ . Small countries like Finland , South Korea, Taiwan, Switzerland have companies having revenue around 50 billion $.

So is India's gdp growth rate slowing down because we don't have a single major product related companies in India ?

And is India's educational system at fault here ?

I think Tata Nano was fully designed in India. Other than that iFlex and Infosys are some companies that have a few software products.

 

[venkat]

good Thread!!!

 

[drkrn]

For a country whose gdp is about to touch 2 trillion$, where is a single product related company ?

The largest companies are L& T, TCS and Tata motors(excluding Jaguar as nothing is developed in India) whose revenue are around 10 billion $ . Small countries like Finland , South Korea, Taiwan, Switzerland have companies having revenue around 50 billion $.

So is India's gdp growth rate slowing down because we don't have a single major product related companies in India ?

And is India's educational system at fault here ?

if you really look the revenue to decide a company big or small.you are wrong.our companies whose primary market is india gets paid in rupees while developed nations companies in dollars,cant compare between.

if you compare between quality ,if you pay more you get more

 

[mattster]

Its a really good question.

India rode the economic boom by focussing on service industries that gave low overhead and dont need much ifrastructure.
To develop product companies....you need good infrastructure, roads, ports, reliable power, minimal red-tape, and a skilled work-force.

India has a skilled work-force but is lacking in other areas.
The government has to be willing to initially subsidize hardware companies until they become profitable.

India can learn from China in this respect.
Look at Huawei and how it grew from a state sponsored enterprise.

 

[Dinesh_Kumar]

TATA 407 was one of few indigenous successes in India, along with Indica and Tata Ace. Here, all , incl. engines built in-house (Indica engine was built with consultancy from French firm - LMM)

 

[Armand2REP]

India can learn from China in this respect.
Look at Huawei and how it grew from a state sponsored enterprise.

It still is a state sponsored enterprise. It only exists because China runs closed monopolies. The only place in China that isn't monoplised are areas that aren't competing with SOEs.