Indian Economy

[ezsasa]

I'm more disappointed by the fact that we haven't achieved anything noteworthy on IT and tech front despite this sector being one of the first to get big.

Alot of these firms like Infosys, tcs should have developed a half decent proprietary software by now. I can't imagine why none of the big it firms haven't tried to be like tencent, who started out creating a small Messenger app and now own large ownership in bunch of popular online games.

Eastern Europe is booming with game dev with stuff like STALKER, escape from tarkov. Non existent r&d in this sector makes no sense other than , these firm think cause nobody in indian Market for being big for much video games ( kind of a half truth ) .

There is a pretty popular linux distro called whose primary devs and overall founder are indian. It's called Garuda os, pretty popular in linux gaming side. Remember "Hike messenger" , pretty sad story, it was popular among teens and millennials back in the day, had alot of good features, but because whatsapp had facebook, it gained more general audience outside the young modern folk sphere and hike had to shutdown in 2021.

infy and TCS have their own softwares, they are sold around the world, look it up.

you seem to be confusing IT services companies with customer facing product companies, two different business models.

 

[eastern_bhartiya]

Even when I was in college nibbers that got placed in one of the big IT companies were given a crash course with a test at the end of it. Those who did not pass had their offer letters rescinded. This is pretty normal. The number of guys just doing a job and waiting for MBA/govmint jobs in these IT companies is actually insane.

Kind of chicken and egg issue, nobody takes these firms seriously and in turn they have to come up with tests to have minimum competent people working for them.

Anyways india got shortage of Cybersecurity professionals in mid and higher levels like system security, database warehousing and I don't hear anyone trying to get into these fields, even every shitty online course it just webdev or data science.

 

[eastern_bhartiya]

infy and TCS have their own softwares, they are sold around the world, look it up.

you seem to be confusing IT services companies with customer facing product companies, two different business models.

I was talking about mass consumer software, we have small players like zoho with zoho office suite that our college recently adopted. Everyone was surprised cause nobody had heard of them.

Postman is another company with absolutely great product, that is simplified api manegement. US companies actually end up acquiring alot of good indian products based tech companies, and that's why we never hear about them.

 

[ezsasa]

I was talking about mass consumer software, we have small players like zoho with zoho office suite that our college recently adopted. Everyone was surprised cause nobody had heard of them.

Postman is another company with absolutely great product, that is simplified api manegement. US companies actually end up acquiring alot of good indian products based tech companies, and that's why we never hear about them.

zoho has 8000 cr revenue and 2800 cr profit.
that's not a small player.

 

[FalconSlayers]

zoho has 8000 cr revenue and 2800 cr profit.
that's not a small player.

Domestically yes, but would be desirable if they eat up a larger chunk of global market.

 

[eastern_bhartiya]

View: https://x.com/DivaJain2/status/1887311539608203747

Data localisation gaya tel lene, they can still analyze behaviour patterns of our awaam. Openai just found the biggest source of data for their models. Hope GoI is cautious. This can also be a strategic move to kill any LLM research in India in infancy.

Overall Us techbros are not trustworthy.

 

[SKC]

Reasoning given is apparently failing evaluation test, real reason is probably that they just want to lay them off and create this facade

Even when I was in college nibbers that got placed in one of the big IT companies were given a crash course with a test at the end of it. Those who did not pass had their offer letters rescinded. This is pretty normal. The number of guys just doing a job and waiting for MBA/govmint jobs in these IT companies is actually insane.

As Karn mentioned above, 90% of the fresher have to go through mandatory 3-4 month training period. Throughout the training there are assessments and then there is one main assessment at the end and the trainees need to clear by atleast 75-80% score.

This is happening since ages and I also did go through this when I started.

If you have spent 3-4 years in technical degree/diploma course and then you fail after 3–4-month training with the company, then you don't deserve to be employed by one.​

 

[SKC]

Domestically yes, but would be desirable if they eat up a larger chunk of global market.

I think it became the first Indian product based company to do $1B in sales in 1 calendar year. Zoho and Freshworks are one of the very few who can grow like Big Tech of US.​

 

[SKC]

I was talking about mass consumer software, we have small players like zoho with zoho office suite that our college recently adopted. Everyone was surprised cause nobody had heard of them.

Postman is another company with absolutely great product, that is simplified api manegement. US companies actually end up acquiring alot of good indian products based tech companies, and that's why we never hear about them.

We have our own strength! Our strength is providing IT services to companies around the world. We becoming the world leader in IT space is our achievement.
Also, if everyone was surprised about Zoho then it more of your and your college's problem. Zoho has crossed over $1B sales recently. I am myself using their suite for over 5 years.​

 

[eastern_bhartiya]

As Karn mentioned above, 90% of the fresher have to go through mandatory 3-4 month training period. Throughout the training there are assessments and then there is one main assessment at the end and the trainees need to clear by atleast 75-80% score.

This is happening since ages and I also did go through this when I started.

If you have spent 3-4 years in technical degree/diploma course and then you fail after 3–4-month training with the company, then you don't deserve to be employed by one.​

Makes sense, people treat engg as pretty much the default degree. Most people join cse for the sake of it.