That is my respect that I think India can produce companies to compete with Microsoft. Get the bigger pie in the global market.
Thanks dude... but product companies are not a joke... at present in the company which I am working... I see how risky it is ... certainly India Inc, does not have that much money to risk...
I personally have seen products which are technically excellent and was developed by several man months (if not man years) are scrapped and not released (in spite of them being qualitatively and technologically excellent... ), just because the market analysis failed...
Imagine India Inc, having very less amout of money, spends several man months and after an year it comes to know that the product has not got anymore value in the market... it would loose all the hard earned monies...
but take the case of service and R&D outsourcing... all the risky things are done by companies which have money to risk.... and India does something like this...
1. Wait / market yourself.
2. Get requirements and money
3. do the work
4. deliver and get the money...
no risk at all... we don't care whether they have marketed the product or not.... or whether the product failed because of competitors product overtook us as some hip shaker came in their ads or not...
we work we get money.... but product companies they will work and not sure whether they will get it back...
You only see Microsoft and its successfull products, you don't see their unreleased products ... India Inc, can't bear such unreleased products...
The day India Inc becomes capable of taking risk may not be far away and we might see that in our own lifetime...