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Muh Saaarvice Economy
Z5iCU0
No.2128
Indian 'saarvice' economy
>total market cap ≈ $316B
>total revenue ≈ $82.4B
>avg market cap ≈ $63B
>avg revenue ≈ $16.5B
>revenue-to-market-cap ratio ≈ 0.26
>TCS – $137B cap / $31B rev
>Infosys – $78B cap / $20B rev
>HCL – $50B cap / $14B rev
>Wipro – $33B cap / $11B rev
>Tech Mahindra – $18B cap / $6.4B rev
Chinese tech giants
>total market cap ≈ $1.28T
>total revenue ≈ $258–261B
>avg market cap ≈ $320B
>avg revenue ≈ $64–65B
>revenue-to-market-cap ratio ≈ 0.20
>Tencent – $747B cap / $90B rev
>Alibaba – $392B cap / $136–138B rev
>NetEase – $97B cap / ~$14B rev
>Baidu – $47B cap / $18–19B rev
Don't forget that entire indian software industry is at the mercy of so called customers, has zero control or influence or extends the interest of the Indian republic. Meanwhile chinese controlled apps do whatever they want with their alogirthms. Don't forget the jobs created etc.
At other side is USA which openly threatens that any country taking action against their "BIG Tech" will face consequences. Still people are saaaring over saaarvice economy.
I do not want to play down all the contribution of the service economy but it's time is up and their lobby needs to be purged and we need to give rise to actual product companies. It's too late and gonna be difficult but it's no brainer.
Z5iCU0
No.2129
>>2128(OP)
Why can't retards see that we can generate more revenue, more jaabs, can proly even create platforms which will be used by other countries.
Even if it isn't 1.5bn is a big market. I understand some anons talking about trade deficit, economy so on.
Nuke and purge big tech and trade with usa.
tn2aaL
No.2130
>>2128(OP)
The most important thing we need to do is to get into good relations with china. Kinda need to replicate Sino-Viet relations.
rnUUKM
No.2131
>>2128(OP)
The gap is less than I thought tbh. I though chinese big tech were 4-5 times ahead.
3Fb44j
No.2132
>>2128(OP)
>we have no leverage
kekdda
u cant just snap your fingers and create a infinite supply of cheap and skilled labour. Indian mncs have invested so much in procedure from hiring to upskilling to data security to absolutely everything.
We are literally the china of service.
You want a team for your software dev? just quote and in 2 days you will have the team ready working at 1/10th the cost.
We have the leverage your pea brain cannot imagine.
>they can move it some other country
how did moving manufacturing from china to other country go? kek.
You can just create 10 year experienced devops engineer for 10,000$ out of thin air.
Z5iCU0
No.2133
>>2130
yeah - the thing is there's no friend we need to get in this our head. Neither russians, or china or anyone. We are on our own and this is just fight for our existence.
>>2131
I don't think i covered the most of the china but the thing is that their companies are directly producing services to their country, are actually atmanirbhar than we are.
Let's not get into the whole server things etc.
Also should i get zoho mail or something for bhach?
Z5iCU0
No.2134
>>2132
>We have the leverage your pea brain cannot imagine.
I literally wrote about it in the other thread it's not about the leverage it's about the the utomost important and urgency to transition away from this trap.
tn2aaL
No.2135
>>2133
Vietnam straddles the balance between China and the USA very nicely. I know ties will fix for the better next term but we need to never forget the fickleness of the US.
Z5iCU0
No.2136
>>2135
vietnam is smaller country it's not same as our case but agree to an extent.
> know ties will fix for the better next term but we need to never forget the fickleness of the US.
americans sent entire nuclear fleet against our country, have done everything to destabilize our subcontinent and yet people and dalals have favourable views.
Indians didn't do anything and they have been declared enemy number 1 by every random chutiye from every corner while those who we think of some normal human about those who literally want to genocide us. Complete lack of shatrubodh among indians.
Even at the moment where we are literally being targeted by bullies like USA, our media nad opposition are more interested in doing bakchodi.
3naBLh
No.2141
>>2136
>no shatrubodh
while you are the one who said in thr other thread
>stop wastinng time on hating whities
yaar
Z5iCU0
No.2142
>>2141
nope i said that utilize your limited resources and time in building resilient institutions first.
despite all the so called 'ratios' on social media indianats achieve zilch on twitter. couldn't do one thing because it's lame, emotional and reactionary.
i am not against them about replying back or whatever, but it can be done in way better manner - what other anon was suggestion came across more like almost someone throwing a ragefit - it's laughable that's it.
KVCVaB
No.2146
>>2129
You do it anon I'll make the logo
