Or is that India fact of the day?
China invests $7 on roads, ports, electricity and other backbones of a
modern economy for every dollar spent by India and it shows. Ports here
[in India] are struggling to handle rising exports, blackouts are frequent and
dirt roads are common even in Bangalore, the center of the country’s
sophisticated computer programming industry.
Here is the full story — recommended — on India’s rapid but bumpy rise as a manufacturing power.
It’s certainly true that China looks a lot spiffier to the average foreign traveler than India. However,
India is still a poor country and a democracy. It only seems just that money be spent on making life
better for the average Indian than on impressing foreigners with groovey airports. Of course, where lack
of infrastructure interferes with development, such as with ports, roads and electricity, this is a
large problem.
But I’m very glad that growth is up to 8% in India. I hope we’ll soon start seeing good growth rates in
many African countries.
The oddest thing about indian infrastructure is the power generations. I’m an offshoring lead for a certain bay area e-commerce company and I get the opportunity to witness that madness once every two months.
But the roads are a really sad state. When I first went to China, 20 years ago, I was amazed at the terrible and crazy traffic. It’s still like that, or worse, in Chennai while things in China have become a lot better.
Does the article bear on the earlier discussion of dependency ratios vis a vis Ireland’s boom? The writer says that manufacturers are deciding between India and China based on their relative demographics.
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