India should learn from China: Murthy
By siliconindia   |   Tuesday, 28 September 2010, 15:33 IST
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India should learn from China: Murthy
Bangalore: The series of issues like H1B visa fee increase and some proposed measures and rhetoric against outsourcing, has created a tension in the Indian business scenario. Infosys Chairman Narayana Murthy said that today China does not talk about it much. They have demonstrated by becoming more and more indispensable to the global economic order thanks to their hard work and commitment. China has understood that talk can take you only far, reports Asha Rai from The Economic Times. Industry, individual companies, academia and government together can make Indian companies more and more indispensable to the new world economic order. China is a fantastic example - a nation which has become the second largest economy globally in a matter of 32 years. Isn't it extraordinary? Somehow, nobody says here, "Why don't we learn from China?" It is unbelievable that China will be one of the two countries they will shortlist to build California's high-speed metro! Indian industry does very little work with the U.S. government, either state or federal. Therefore, whatever happened in Ohio is not going to have much impact on Indians. As far as the H1, L1 visas are concerned; having a financial filter to vary policy is probably the best because that way there will be a certain burden on us but also an incentive to innovate, to come out with better value propositions for our customers. The solution for us is not to become strident or jingoistic. It would be better to use innovation, use ideas by which we become more indispensable to our customer. Many industry experts agree to this fact that Indians need to understand Chinese & their behavior patterns i.e their dedication towards their work. India always looks at China as a competitor but these experts opinion leave a question to all of us. Are we really on the same level of China to compete with them?

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