Across the border, the Indian model of economic development is almost completely dependent on three pillars: call centres, software houses and back-office services.
According to The New York Times: “Structural problems were inherent in India’s unusual model of economic development, which relied on a limited pool of skilled labour rather than an abundant supply of cheap, unskilled, semiliterate labour. This meant that India specialized in call centres, writing software for European companies and providing back-office services for American health insurers and law firms and the like, rather than in a manufacturing model.
“Other economies that have developed successfully – Taiwan, Singapore, South Korea and China – relied in their early years on manufacturing, which provided more jobs for the poor.”