Why Indian Companies Don't Create Global Software and Hardware Products

[@gpgis]

The answer is very simple. Building a product requires a big investment upfront, and none of these companies are ready to do it.

[@ajaychebbi]

Low hanging fruit problem like Arjun explained.

[@ytcmtr4917]

A big part of innovation is to accept failures, else risk taking is just on paper and not in real. Silicon Valley used to see failed ideas as a badge of honour for the one who had that idea. In India, that guy's life would be over. That's why, risk taking at the moment is beyond what Indian society can accept.

[@bkasyap7117]

On point

[@aakhthuu]

In my first job, I worked at HCL in one of their attempts to build a product, later I worked for a real product company, the biggest difference was meritocracy, in HCL it was a bureaucratic environment with the managers and their yes men calling the shots, no feedback was taken from the devs who were actually doing the work, very command and control, hierarchical mindset. Compare that to product companies that I have worked in devs have a big role in decision making, their feedback is heard and actioned.

[@sunnyaihb]

He exposed a simple fact, "We Indians tend to get attracted by the low hanging fruit".. which translates as less effort to make money, which results in no need for a larger vision... itna kiya.. mera turnover aa gaya.. meri salary aa gayi.. bas kaam khatam.. phir aage kyon soche??😮 Product companies are started by visionaries who are funded by visionaries and risk takers and specifically by ones who are long term players.. There is a comment by Ratan Tata, where he was amazed when he realised that Elon Musk was manufacturing his own rocket engines while Ratan ji assumed that Elon would be just buying it from another supplier and sticking his label.! If an Indian industry legend feels like this, can't expect better from others..😊 I think UPI is a good step (not sure if we can call it a product).. something created in India, if played and positioned well can become global and be the next Visa or MasterCard or more..

[@kasim7929]

UPI like system is easy to make for the west, the reason the don't do it because they love people paying extra 1 2 percent on transactions.

[@yushpi]

Product companies are started where there's a market for it. That is the key point in his answer imo

[@tvm73827]

Depressing! When asked such an excellent question he just rolled over and played dead! Literally no killer instinct. India is a superpower??

[@auto-govern]

brother. if he knew the answer to that critical question he would have built something. but because these oldies know only to exploit labor hours so they all got in to labor trading business which is easy and works on simple dollar to rupees arbitration.

[@seeker4430]

Exactly.... I was thinking the same thing... He is asking an important question to some bunch of people who don't know what it takes to build a product

[@js913]

Lack of intension is the right answer

[@Wiintb]

1. Will you invest and wait? 2. There is a market for those services. Nothing wrong with capitalizing it. It is low hanging fruit. 3. The cost of infrastructure was huge till sometime back. 4. Most of our engineers are not that good. I am from the industry.

[@rameshvaidya4710]

Manufacturing in India is abig joke, what with humongous corruption in every step of setting up a factory plus thousands of compliances, plus unproductive labor, strikes, political interference, delayed judicial processes, and lastly you can’t close down factories if unprofitable or obsolescence

[@ojxirkgiouu2147]

The link in the description for the full panel doesn't work

[@amrittInc]

I tested today, it works for me, please re try

[@AntarikshRajkonwar]

I often wonder about this being a CS student why most of the Indian tech giants are primarily service based companies dealing with clients whereas the American tech giants like Microsoft, Amazon focuses on building sophisticated products to solve real world problems, hence there is an income disparity between service based and product based companies. (4/11/24)

[@maheshvenkataraman864]

It is about passion to create... developing both critical thinking and imagination... appetite to bet and take risk... Product is a consequence...not starting point

[@gsrinirau]

Fundamentally we want to play someone else game. We are good at certain things and have pivoted to newer things. Not everything that west does is right, to follow. Look at china, they got the balance and built their own economy and market.

[@KhattaMeethaOficial]

China Is A Forced Innovation by a Visionary Govt,,That Model does not work for India ,,,,Singapore is Nice Example ,,,,,Why do you think there is Drastic Diffrence between Us Indians and Indian residents,,,,1.Approach 2.Lack Of Alsiiration 3.Lack of Risk Takers 4.Oligarchic Business Environment,,,,,,Nothing will happen until sociatal problems are resolved but that will need a Strong willed Govt., Current Govt is Doing Ok but they are Doing too much religious politics because of Forced to do so due to Congress tactics of divide and Rule,,,,,So it starts with Strong Opposition ,,,,I Think AAP and Prashant Kishor are bringing new Ideas To table but it’s still very slow,,,,

[@ximin_sleepy]

The Chinese stole a lot of IP from US

[@VJ592]

Western companies have access to big time financial resources and take risks.

[@cardcode8345]

Because Indian trained professionals are not good to become a Peon in a nearby office but here they have the Job.

[@Enjoyablewalks]

Does this team did any home work.. products like Postman . Zoho list goes on .. 20 years ago that might be true.. now things have changed/ changing

[@winfredj9820]

lol no

[@amrittInc]

20 years ago I wrote a popular article for CIO magazine predicting that software products developed my India companies were going to be big. But sadly today, Zoho stands out as a lonely company. What other software or hardware products have made a major global impact where the IP belonged to an Indian company - please share names. You mention Postman - it is apparnetly headquartered in San Francisco, California USA

[@abhaykumar619]

Ever heard of QuickHeal?

[@amrittInc]

Frankly I had never heard of this software product. I researched it and while their revenue seems to be a creditable $50 million annually, they have almost ZERO visibility among global websites. I could only find one review on download.com and it is from 2020. They are not even mentioned on PC Mag, and other sites that rank their competitors. The top product BTW is from Romania, Bit Defender - probably Electronic City Bangalore has more programmers than the entire country of Romania..

[@jamesstalon1117]

Because we dont want to take risk or play long term vision

[@anshumankanetkar]

what a non answer

[@shandoticwa]

lack of aspirations. the people on the top are the ones who are filtered through the sieve which lets only shit go through. their mentality is so ancient and rusted that they cannot think innovation. they do not want to change the status quo