India and China may rule the world when bidding economic resources for information processing, however, its Central and Eastern Europe and Russia that are attracting attention from investors who look for creativity and innovation crucial for startups. – BusinessWeek
From an Indian perspective, there is a lot of raw talent and creativity out there. What needs to further develop is the environment that breeds this creativity and brings it out in the youth. Startups are being promoted in India no doubt, nevertheless, instilling such ideas at most schools and colleges (barring a few elite) is still almost non-existent. When this goes mainstream, there will be a boom in creative thinking from the Indian minds.
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2 replies on “Business Outsourcing vs Funding Startups”
The key challenges that India currently facing is about by an appreciating currency, upcoming taxes that is put in at the latest budget, severe manpower crunch which is already impacting the country and visa restrictions. http://askwiki.blogspot.com/2007/07/key-issues-and-challenges-for-indian.html Have tried to highlight the these issue here, hope the govenrment and the Indusries would necessary steps to resolve them.
Its true., India may rule the world soon by exhibiting tons of innovative and creative things. Particularly, Now India’s IT industry is growing much faster than any in the world. Its gonna be more richer in each and every field.
-Veeresh
http://drveresh.googlepages.com
http://veeresh.research.googlepages.com