[Bubla]

India: The next knowledge superpowerThere's a revolution afoot in India. Unlike any other developing nation, India is using brainpower rather than cheap physical labour or natural resources to leapfrog into the league of technologically advanced nations. Every high tech company, from Intel to Google, is coming to India to find innovators. Leading the charge is Infosys, the country's first publicly listed billion-dollar IT company. But the revolution is not confined to IT. Crop scientists are passionately pursuing GM crops to help feed India's poor. Some intrepid molecular biologists are pioneering stem-cell cures for blindness, while others have beaten the odds to produce vaccines for pennies. And the country is getting wired up as never before. Mobile phone networks have nearly blanketed the country and the internet is even reaching remote villages. Looking skyward, India's unique space programme has fought international sanctions to emerge as key player in India's development. Meanwhile, India's nuclear industry is boldly building cutting-edge fast-breeder reactors. However, there are dramatic problems of poverty and infrastructure. To transform the nation, Indians will have to change their way of thinking about science and technology, take risks in research, and deal with the issues of education, infrastructure, bureaucracy and corruption.
Source : Special Report on India - New Scientist

India Rising

Messy, raucous, democratic India is growing fast, and now may partner up with the world's richest democracy—America.
By Fareed Zakaria
Newsweek

See the full news : http://www.msnbc.msn.com/id/11571348/site/newsweek/

March 6, 2006 issue - Every year at the World Economic Forum in Davos, there's a star. Not a person but a country. One country impresses the gathering of global leaders because of a particularly smart Finance minister or a compelling tale of reform or even a glamorous gala. This year there was no contest. In the decade that I've been going to Davos, no country has captured the imagination of the conference and dominated the conversation as India in 2006.

Over the past 15 years, India has been the second fastest-growing country in the world—after China—averaging above 6 percent growth per year. Growth accelerated to 7.5 percent last year and will probably hold at the same pace this year. Many observers believe that India could well expand at this higher rate for the next decade.

A much-cited 2003 study by Goldman Sachs projects that over the next 50 years, India will be the fastest-growing of the world's major economies (largely because its work force will not age as fast as the others). The report calculates that in 10 years India's economy will be larger than Italy's and in 15 years will have overtaken Britain's. By 2040 it will boast the world's third largest economy. By 2050 it will be five times the size of Japan's and its per capita income will have risen to 35 times its current level. Predictions like these are a treacherous business, though it's worth noting that India's current growth rate is actually higher than the study assumed.

Even the here and now is impressive. Indian companies are growing at an extraordinary pace, posting yearly gains of 15, 20 and 25 percent. The Tata group, the country's largest business house, is a far-flung conglomerate that makes everything from cars and steel to software and consulting systems. In this sense, it is a useful window on India's industrial and postindustrial economy. Its revenues grew last year from $17 billion to $24 billion and it is heading for extremely strong growth this year. At another end of the scale, the automobile-parts business is made up of hundreds of small companies. Five years ago the industry's total revenues were $4 billion. This year they will exceed $10 billion. In 2008, General Motors alone will import $1 billion of auto components from India.

Happy days while it lasts.. China is on the rise and that is a good thing for India but later who knows what will happen! Good luck with the your new friend.

[Rio]

Bubla bro thanks nice info.

[OvI]

	Quote:			Originally Posted by Bubla
	India is using brainpower rather than cheap physical labour or natural resources to leapfrog into the league of technologically advanced nations.

Yep.. totallly agree with you (:

[Bubla]

	Quote:			Originally Posted by Masoom
	Happy days while it lasts.. China is on the rise and that is a good thing for India but later who knows what will happen! Good luck with the your new friend.

You are very much right. It is very difficult to continue good working. But we have good will to do so and the current young age is very sincere to concentrate in developing our country.

About China, China is still developed country than India (At least we believe so). The all the research keep China one step ahead than India in recent future. But that do not bother us, rather it inspired us. Just yesterday our leaders had discussions with China precedent and both the leaders are agreed to mutual development in many areas.

In the same way we are also looking forward in the mutual development with the other countries like Israel and of coerce Bangladesh.