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Booming India - Hard work and discipline

5 important questions on Booming India - Hard work and discipline

Why is India so popular with IT companies?

- Many well-educated Indian people speak English as weel as their native language
- IT workers not only cheap, but also do their work well
- Free market economy
- Special Economic Zones, where companies are given every freedom and pay almost no tax

Why do many well-educated Indian people speak English so well?

country's colonial history. The country has adopted many elements of British culture, including the English language and education system. Can communicate easily with people in the US and Europe (different from China!)

To what did China develop?

The 'factory of the world'. Its products are distributed all over the world through the Chinese ports.

What did the government of India do different?

They provide good internet connetions and abolished tax on computer services. The emphasis changed to providing services in the IT sector. Is india becoming the "office of the world"?

India does not want to focus only on the service sector, so what step did they take?

In 2005, Special Economic zones were selcted. Companies in these ones are given every freedom and pay almost no tax. India wnat to copy the Chinese success and attract aas much foreign investement as possible in order to creates many jobs as possible, including industry