Another mistake by India – India should build bioengineering and aerospace cities instead of dinosaur IT cities
Harish Baliga
Jun. 16, 2008

It is the trade of the past. Bioengineering and aerospace is the future. But India has decided to build 43 new IT cities. Each IT city will be set up in an area of more than 500 hectare. The cities will altogether generate employment for around 3.5 million people by 2018.

The new growth sector is Bioengineering and Aerospace. IT is the dinosaur. It is becoming a trade like plumbing or furniture making. Right now still some well educated engineers needed to build new systems and maintain legacy systems. But the recession in US is changing things very fast. IT is loosing its charm for the career seekers.

Ignorant and naïve Indian politicians are looking at the current state of matters and going ahead to build infrastructure to capture more American dollars and Euros from the euro zone. But these are the same politicians that could not foresee the skyrocketing oil and food prices. These are the same politicians that overlooked India’s current financial crisis. Leadership is not following the current trend but also to be able to predict the future trend.

The advancement bioengineering and aerospace will dwarf the residue excitement left in IT. A few companies who are actually struggling to keep up with the future now dominate IT. But the medical field is getting transformed into a pure engineering practice from the current trial and error modes of the doctors. The aerospace is what will dominate the next 50 years. The aging baby boomers in America provide the necessary financial resource to make bioengineering as the most lucrative field of outsourcing.

Another mistake by India – India should build bioengineering and aerospace cities instead of dinosaur IT cities
Harish Baliga
The aerospace is what will dominate the next 50 years. The aging baby boomers in America provide the necessary financial resource to make bioengineering as the most lucrative field of outsourcing.
READ MORE>>

Paulson is wrong on oil – it is the failed Bush administration policies on free trade that caused the oil price to soar
Kartik Punaskar
...‘you cannot have free trade unless labor costs are normalized through removal of artificial currency manipulation of these countries.’
READ MORE>>

Time to sell your Jaguar and Land Rover – India’s $2000 car maker Tata will take over the luxury name brands next week
Shankar Pundit
Luxury cars are prestige symbols. They have intrinsic values. If cheap carmakers like Indian and Chinese car companies take over established name brands, what can auto dealers and high-end car owners do?
READ MORE>>

US slowdown wiping out the Indian native IT outsourcing infrastructure
Hrithik Ratnagar
The biggest problem for Indian IT and call center outsourcing companies is the coming Presidential election in November. If Obama wins, he will make sure Indian companies play fair game in ‘stealing US jobs’ by using manipulated currencies.
READ MORE>>

State-run Indian oil companies continue to bleed close to $70 billion a year while Indian Government continues to subsidize petroleum products creating hyperinflation in energy and food
Harish Baliga
India has followed the communist or socialist policies of China. The Government kept the oil price lowered to gain popularity of the middle class.
READ MORE>>

MORE ARTICLES >>