http://priyank.com/weblog/2006/09/29/problem-of-plenty/ Priyank's personal journal Sat, 25 Feb 2012 11:31:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-9520 Anamika Singh Fri, 06 Oct 2006 00:53:44 +0000 http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-9520 I agree with all above comments. our quality is just not good enough to propel us ahead. this trend is seen is virtually all the sectors. and while we enjoy the fruits of globalization, the lowest worker class still struggles for a square meal a day. I agree with all above comments. our quality is just not good enough to propel us ahead. this trend is seen is virtually all the sectors.
and while we enjoy the fruits of globalization, the lowest worker class still struggles for a square meal a day.

]]> http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-9473 Ashwini Wed, 04 Oct 2006 18:45:25 +0000 http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-9473 People ARE jumping and this IS a very short term phenomena. Once we lose the cost advantage, nobody will look at us. Indian companies need to innovate rather than just serve if they wish to remain alive. People ARE jumping and this IS a very short term phenomena. Once we lose the cost advantage, nobody will look at us. Indian companies need to innovate rather than just serve if they wish to remain alive.

]]> http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-8681 Devendra Bhatte Fri, 29 Sep 2006 06:51:32 +0000 http://priyank.com/weblog/2006/09/29/problem-of-plenty/#comment-8681 Hi dude, I completely agree with you. There is a lot of boats chasing the same fish. This will lead to spiralling salaries and inflation, which will be detrimental to our growth rate. Already, the top management is getting around 4-6 crore a year. We have hardly picked up speed in development and we are already stuck with attrition and infrastructure problems. I will quote S Ramadorai, TCS Chief. He said, "Six and half lakh engineers and Ten million science graduates. How many of them are good enough for job". (Note: I have changed the wordings a little). India is lagging behind both in the quality and quantity of engineers and managers. We need more institutes like IITs and IIMs. Otherwise, the last 3 years will only serve as a reminder of the days when we thought that we too, could become a superpower. Hi dude, I completely agree with you. There is a lot of boats chasing the same fish. This will lead to spiralling salaries and inflation, which will be detrimental to our growth rate. Already, the top management is getting around 4-6 crore a year. We have hardly picked up speed in development and we are already stuck with attrition and infrastructure problems.
I will quote S Ramadorai, TCS Chief. He said, “Six and half lakh engineers and Ten million science graduates. How many of them are good enough for job”. (Note: I have changed the wordings a little).
India is lagging behind both in the quality and quantity of engineers and managers. We need more institutes like IITs and IIMs. Otherwise, the last 3 years will only serve as a reminder of the days when we thought that we too, could become a superpower.

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