1. We have a large homgoneous market where you can build a product and it’s expected it can succeed for hundreds of millions of Americans
2. EU is the easiest second market, and another step change of hundreds of millions of customers in a somewhat unified market
3. there’s not an easy 3rd economy that replaces EUs wealth, population, and comfort with English + technology
When we piss everyone off in the EU tech company growth gets kneecapped and limited to US / Canada. Theres not an easy market to expand to without much deeper focus on that specific market and its needs, for much fewer returns.
Today India invited President of EU commission on its republic day & I feel like there are discussions on signing free trade agreement.
I was in my car watching it live when I recognized the President of EU commissioner and I was like hey!!
I feel like friendly relations of EU and India are definitely on the rise & I have said this previously as well and talked to my other cousins/family who works in Coding and most agree that a deeper India-EU ties are possible.
One thing we were discussing is if EU could directly invest funds in Indian companies instead of going through 10 layers of councils/commissioning companies but to people who want to either build private solutions (Preferably open source?)
I do feel like that's inevitable too. EU's financing is something which I have heard is tricky within EU itself but there are some recent initiatives to stream line it and perhaps India can even integrate into it if its actually net positive for India.
Overall I feel like I am pretty optimistic about India EU relations (though I feel like I have bias but what do people from EU think respectfully?,I'd be more than happy to answer as I talked to my developer cousin about it for almost 2 days on how EU India integration especially in tech feels so good and inevitable haha :>)
I have heard this deal be described as EU beneficiary from EU sources.
Ah yes, I feel like what you want for an EU is a connection with America which has been a very unreliable partner would even be an understatement in today's geopolitical environment.
It's saddening to see if you are from EU who actually believes so. I am more than happy to answer your queries in good faith but this just feels like pushing some of your own agenda or straight up racist.
We come with open arms even though the massacre of jallianwala bagh is still in our memories. There is just no question regarding the fact that EU primarily british forces had extracted immense wealth from India and India had to primarily rebuild it from scratch healing from the scars of its colonial past.
There's actually an internal pushback from some people i feel like who feel like EU is still imperialist & want to shut down this deal from India side given India hasn't lost much after the trump's tariffs compared to EU whose greenland was in some serious sovereign threats.
But I guess the point is that EU India deal is inevitable in this multi polar deal. India wants EU to be the financial hub where EU can then reinvest in India and India can create technological innovation.
I have tried to respond with as much calm as possible but I must admit that your message felt like a must admit,ragebait to me in start but I hope that this detailed message can help clear up on the details.
If you have any reasonable questions man, feel free to ask!
Well Rapido bike means Auto-wallas are angry. That is reality.
The highest tariffs are holding India back. A decent original nike shoe is about €50 here but why it is Rs5000 there (with lower Purchasing power). Local businesses have too long bribed Indian politicians. Recently I replaced the gate of my house here in EU. It was 20 years old. No rust despite old. I remember the steel supplied by our companies is crap - we repaired our gate every few years. Or it was not properly painted.
Costs of computer etc are too high for any startup etc. and with our talent more cheaper imports from china would be great to build a local giant.
On the other hand our people do
- exploit Digital Ocean T-shirt give away to create stupid pull requests and burden maintainers in GitHub open source project
- curl dev stopped bug bounty due to many sending AI reports
- clone AOSP and IIT Chennai said it have created a independent OS.
Sabeer Bhatia (Hotmai founder) recently said we have become users not creators.
Even Ambani with all his money can't do a good tech company.
All the issues you mention are valid and I guess it all boils down to some aspects of over population and also crowding within the CS market too which impacts passionate people in CS too (something I wrote about as well)
But like I feel like leadership skills in India will go far. It's time to go and build things instead of trying to be consumers. The people who do this in India are gonna get rewarded disproportionately in my opinion.
I will just do my work building new things which isn't work for me but fun which I enjoy. So yeah!
Edit Leadership skills don't mean leading people but rather like I guess I meant Innovative skills in the sense of building new things and everything ykwim tho leadership skills can go far too, I feel like innovation skills are more needed too and the same point goes for both essentially imo.
The is the reason it will never change.
Talking in double negative.
Citizens are so shameful to admit issues.
In most of the West, that I know of, people admit to issues. Brazenly say, yes , German train system is under performing, no investment in the last 10 years from both parties. Then there is chance for change. It is happening.
Ego issues need to cleared away.
Mic drop