Seriously, its high time the government of India paid proper heed to push up the manufacturing industry in the country.
Prime Minister Manmohan Singh dropped a bombshell at the meeting of the full planning commission on Tuesday when he disclosed that the US computer hardware giant Dell was looking at shifting out of China, and hinted that the company may be looking at India as its sourcing base. Dell, he quoted the company’s chairman as saying, buys $25 billion from China. China’s loss could mean a huge gain for India, he added.
The news comes on the heels of software giant Google shutting down its search engine in mainland China and redirecting Chinese language search traffic to Hong Kong.
The prime minister, in his closing remarks at the plan panel meet, said: “A very important point has been raised regarding development of the hardware sector of information technology. This morning I met the chairman of Dell Corporation. He informed me that they are buying equipment and parts worth $25 billion from China. They would like to shift to safer environment with climate conducive to enterprise with security of legal system. So I think this is an area where there are immense opportunities. I urge the Planning Commission to apply their mind about development of hardware and parts of computer industry.”
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Google picture courtesy: Apple Investor