Where are the product development companies in India?

Discussion in 'Economy & Infrastructure' started by sehwag1830, Mar 27, 2012.

  1. sehwag1830

    sehwag1830 Tihar Jail Banned

    Joined:
    Dec 23, 2011
    Messages:
    495
    Likes Received:
    275
    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 ?
     
    mayankkrishna, parijataka and venkat like this.
  2.  
  3. parijataka

    parijataka Senior Member Senior Member

    Joined:
    Oct 15, 2011
    Messages:
    4,893
    Likes Received:
    3,688
    Location:
    Bengaluru
    I think Tata Nano was fully designed in India. Other than that iFlex and Infosys are some companies that have a few software products.
     
  4. venkat

    venkat Regular Member

    Joined:
    Apr 6, 2009
    Messages:
    904
    Likes Received:
    195
    good Thread!!!
     
  5. drkrn

    drkrn Senior Member Senior Member

    Joined:
    Apr 15, 2010
    Messages:
    2,455
    Likes Received:
    898
    Location:
    visakhapatnam
    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
     
  6. mattster

    mattster Respected Member Senior Member

    Joined:
    May 30, 2009
    Messages:
    1,048
    Likes Received:
    518
    Location:
    California
    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.
     
  7. Dinesh_Kumar

    Dinesh_Kumar Regular Member

    Joined:
    Jun 20, 2013
    Messages:
    517
    Likes Received:
    225
    Location:
    India
    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)
     
  8. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
    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.
     

Share This Page