Only this infrastructure can make us invincible and sustainably invincible. Government must take bold visionary steps, as we have nothing to lose but our poverty. If we win, we will create immense national wealth to be shared by everyone. Yet much of India is still mired in poverty and illiteracy. The IT industry can transform the wealthscape of our country.
Information technology is in the business of creating wealth and redistributing wealth.
The logic is very compelling. This is three times our trade-account deficit. Other countries have IT ambitions too. The dominant competition will come from China and East Europe, and also places like the Philippines. They will eventually take up market share from India.