Why India Can't Compete With China in Manufacturing

[rcrmj]

China's Tencent or Alibaba alone would blow away the Top Three Indian software companies combined in market capitalization.

Tencent market capitalization: $558 billion
Alibaba Group Holding market cap.: $472 billion

Tata Consultancy Services market cap.: $74.5 billion
Infosys market cap.: $41 billion
Wipro market cap.: $24 billion
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Tencent Holdings Limited (TCEHY) | Yahoo Finance

"Tencent Holdings Limited (TCEHY)
Other OTC - Other OTC Delayed Price. Currency in USD

Market Cap 557.986B"

those India's "top" IT companies are no more than a coding oursource vendor, there is no serious IT R&D happening in India, their current most sophisticated internet company Paytm was supported by Alibaba technologically

there is no Indian companies presence at any major or leading IT fairs or exhibitions. they are nobody, but their "IT powerhouse" echos for too long in their grand SP12 delusion

 

[AndrewJin]

those India's "top" IT companies are no more than a coding oursource vendor, there is no serious IT R&D happening in India, their current most sophisticated internet company Paytm was supported by Alibaba technologically

there is no Indian companies presence at any major or leading IT fairs or exhibitions. they are nobody, but their "IT powerhouse" echos for too long in their grand SP12 delusion

U r fake news, Microsoft and Apple are basically supported by Bangalala technology.

 

[Han Patriot]

those India's "top" IT companies are no more than a coding oursource vendor, there is no serious IT R&D happening in India, their current most sophisticated internet company Paytm was supported by Alibaba technologically

there is no Indian companies presence at any major or leading IT fairs or exhibitions. they are nobody, but their "IT powerhouse" echos for too long in their grand SP12 delusion

People need to differentiate technology and services. India is providing services, technology is not derived from there. They might use Oracle or SAP technology to implement a project. That's why you have never heard of any technology from these companies, Alibaba powers Paytm system. They don't even have their own searching technology.