Will India be a IT Superpower by 2020

It is a superpower...why do you think about 2020

I think India and China will be together doing some businees and both will be the super power

Yes.. I agree with u...

So what does a major chunk of this Asian IT Super-power's world class companies do? Log onto a US based Retail Major's server and change all a's to i's or may be add a new javascript powered window to their intranet. And the very thought of this oppurtunity is contemplated with immaculate reverence and discussed with hushed tones in the corridors of Indian bureaucracy. Common give me a break, is this what a large portion of India's graduate population is working on, and for which IT majors are grabbing all the graduates they can get their hands on? Apparently this doesnt just stop at the IT Majors, small to mid sized IT companies do the same, they design websites, write applications for portals and render a pleathora of other IT support services. And to imagine that this whole utopian economy rests on the fragile thread of cost arbitrage gives me shudders and shivers. A few years and some interesting moves from south-east asian emerging markets like philippines and coupled with our increasing manpower costs and we should be plainly out of edge in the business. Why on earth does a country which has companies' sitting on piles of cash and global operations with acknowledged brands not take a plunge to the real IT business, that of making the technology, rather than servicing it? Well a part of that answer lies in the fact that suprisingly we have no expertise in making world class brands. Yes we may have a TATA, iflex, INFOSYS and Suzlon, but in the strictest sense, they are not finely engrained global brands. It will take more than their current avtaar to really enter into the Product battlefield. Secondly, in the current format of the IT industry, the size of the large companies are at disadvantage of entering into the product business of their size, which although well formed for the services business is too sluggish, and dull for the dynamic and high creativity product business. On the other hand the Small to mid-sized companies which have very little baggage stand a tremendous chance of entering into just that area, however lack of funds and access to venture capital could be a major detterent. However this where the Internet will comes to the rescue, for SME in the IT sector, with virtually zero capital investments, they could setoff on a product expedition on the lines of very successfull businesses like www.salesforce.com. However thats where the next catch comes in, domain knowledge. So far all the domain knowledge in the industry has moved off to the major IT companies to cater to their services business, and very few have been left to the product business lines. For a successfull entrepreunerial venture there needs to be an active blend of both domain expertise and new age talent to implement that. Interestingly this too is happening in India in the guise of ...