Tuesday, July 29, 2014

Sunday, July 20, 2014

Biggest Problems To Create A Product Company Like Google Or Dropbox Out Of India

Posted by Abhishek Mundra 5:41 AM , No Comments

  1. RBI - Reserve Bank of India, and it's absolutely ridiculous FEMA/FERA policies which actually blocks you from taking any financial decision which are much easier in other countries. You need huge funding, huge risks and open mindset to do such things. RBI still considers that IE is a standard web browser and if you are using Chrome/Firefox you are not web compliant !!! You can image how illiterate they are in terms of technology.

  2. Finance Mobs - Every venture capitalist or financers in India are mostly mobs, they will kill you for their return of money, VC outside India is way different then in India.

  3. Techie is slave - In Indian Business community, business owner means, not doing anything, hire slaves and not get into technical stuff of how to do things. This tendency leads people to go for only management as higher standard and not focus on technology.

  4. Backend Processing Hubs - Indian IT tech companies are not at all into products, they are all backend processing hubs charging US companies for per hour billing for absolutely mindless jobs. Most of them are only into maintenance and testing.

  5. Old Java - To my surprise whenever I visit any IT companies in India, they are still into EJB, Web Logic and all old Java which was new in year 2000.

  6. Enterprise Ego - everyone wants to work as Project Manager in an Enterprise Project, anything below Enterprise word is a huge disappointment for them. If you ask them would they prefer to work on JavaScript (which is a big topic in the industry), they feel ashamed. Developers should be open minded to use anything to build a great product.

  7. Little Knowledge - 90% of developers in India only have less 10% of knowledge about the technology that they are using.