Total Perspective Vortex
Over the past few years, we've gotten pretty comfortable with the notion that India has become an IT superpower. What with record profits being announced every quarter, booming salaries and Mr Tom Friedman tom-tomming the Flat World. Recently came across this, which puts the whole IT boom in perspective. Despite the employee headcounts of India's 'world class' software companies rapidly ballooning towards Indian Railways-esque levels, the entire revenues of India's IT/ITES sectors (as of March 2006) is roughly equal to the amount of money Americans spent on their pets for the year 2006. Frankly, I thought that was pretty hilarious.
