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Even their service sector will most probably going to be taken by Infy and TCS.

UK's deindustrialization should be an Case study in our IIMs. They have an promising Aerospace industries which today a mere shadow. A big car industry which is today owned by Tata (JLR), SAIC (MG, Lotus). Only remaining were Aston Martin (More or less an Mercedez Benz Tech extension cars)...