21 karma · joined January 31, 2017
On the other hand, India is much more transparent and follows open market, Any foreign company can freely operate there without being feared of getting disadvantaged over local competition.
Btw, USA and other western power blatantly bullies India and other third world countries alike. When India started making cheap solar panels, USA dragged them to court. In the 90s, India started producing cheap fertilizers for their farmers.. oops, big daddy us doesn't likes it because it hurts the interest of Monsanto. So stop playing this US vs Them game.
Such nation of hypocrites. Takes proud in Democracy and free market capitalism but hates when it plays out on the world stage.
Yes, like any government program, it is been abused but there are more than enough high paying jobs available in Tech. Indians are one of the richest demographics in USA. If Indians are such a low wage misers, what happens overnight ?
Only solution of h1b visa is to allow free movement of switching jobs. Right now a h1b worker is practically a slave of his/her employer which companies like TCS, Infosys exploits freely.
(2) Indian pharma companies legally trying to make cheap generic version. Nope, big boss USA doesn't like it because it is against 'globalization'.
Pfizer Inc. (PFE) Keeps Suing Generics Makers In India http://www.ibtimes.com/pfizer-inc-pfe-keeps-suing-generics-m...
and the list goes on.
But when Indian companies tries to compete in the market by providing cheap services, Nope. Sorry, Can't do.
Basically the post world war II history is all about enacting the laws to the maintain the hegemony of selected few elite countries. S. Korea and Japan were lucky in that regards as sympathy of west was on their side but emerging countries like China, India and Brazil are screwed.