It is worth a view at the photos of some of the products that are described below. Eric Bellman at WSJ:
Note that the Tata Nano is an amazing accomplishment that gets 55mpg, but it is pretty small and its base price had risen to about $3,000 by 2011.Indian companies, long dependent on hand-me-down technology from developed nations, are becoming cutting-edge innovators as they target one of the world's last untapped markets: the poor. India's many engineers, whose best-known role is to help Western companies expand or cut costs, are now turning their attention to the ...nation's own 1.1-billion population.
GE tapped the same pool of inexpensive expertise to target Indian hospitals and clinics that cannot afford its equipment designed for the U.S. GE Healthcare has used Indian software engineers to develop an electrocardiograph that costs $1,000, one-tenth the standard models used in the past. GE hopes to sell the technology in the U.S. eventually..."In India we have the engineers that have the brainpower and the bandwidth to deliver on these types of projects,"...
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