We are all reborn, who wants to be the richest man?

In the small conference room, when Luo Nianzhong came in, the senior executives of the group had already arrived. They were holding a document in their hands and looking through it carefully. I guess it was given by John Baibo.

Luo Nianzhong was not in a hurry and did not disturb them. He just sat in his seat and waited anxiously.

When the last person, Liang Jiadong, put down the documents, Luo Nianzhong spoke.

"Now that you have understood everything, please tell me what you think."

“I can’t believe it. Is this still the India I knew?”

CMO Zhao Jiarui was the first to speak, with a look of disbelief in his eyes.

"This data shows that India's economic growth has exceeded 1992% every year since 5. Although it has only been two months this year, it is expected to grow by more than 10%.

Are you sure this is India? And not the North?"

Zhao Jiarui is not the only one who has this question, many people have it.

This made Luo Nian sigh in his heart, thinking that it was time to set up a strategic department for the group.

For a business empire as huge as the Far East, it is dereliction of duty not to pay attention to a country whose GDP has been growing rapidly for three consecutive years, let alone a country with a large population like India.

Of course, Luo Nianzhong did not mean to blame, but rather to understand.

Not only in the Far East, but also in the giants that do not have business in India, basically they will not pay attention to this barren land.

This is not the Internet age, information collection is too slow, and India’s previous situation is obvious to all.

In fact, this is also the fault of Britain. It was they who caused the psychological trauma to San Ge.

Britain advocated free trade in India. After India gained independence, it thought to itself, "I have experienced the cruelty of free trade, so I must protect myself."

Therefore, all industries are strictly controlled. Industry, banking, etc. are all controlled by the government. The economy follows a planned economy similar to that of polar bears and basically does not accept any external investment.

This situation led to the fact that when Luo Nianzhong gave up the Indian market, no one among the senior management objected.

It is normal that a country that has been almost forgotten for so long without paying attention to it has not noticed these things.

"Is this data true?" Welch looked at John Baibo.

"This is a conservative estimate."

John Whitebo's words made the eyes of most people present light up, and Welch even exclaimed, "What a magical country."

With a sigh, Welch looked at Luo Nianzhong and said, "According to this report, India's population now exceeds 11 billion and is still increasing rapidly."

At this point, Welch had a puzzled expression on his face. Luo Nianzhong smiled and asked, "You mean, why is India's population getting bigger and bigger even though they both have family planning?"

Many people don’t know that India implemented family planning earlier than China, because a large population is not a bonus. It does not provide so many jobs and can only become a burden.

But the result showed that there was no effect at all, instead the number of them increased.

There is a very important reason for this, and that is having nothing to do.

This is a country where the vast majority of people cannot even afford condoms, let alone entertainment products such as television and radio.

I have nothing to do late at night, so I'd rather just sit there and stare blankly instead of having children.

Luo Nianzhong's explanation made everyone smile, and Chris even gave him a cold look.

After Welch laughed, he continued the previous topic.

"These are not important. What is important is that the median age of India's population is only 25.7 years old. There are reports on the median age of India's population for the past 28 years. I found that it has never been over years old. This is incredible."

It is indeed incredible. Every country has an aging population, and this is inevitable.

But this iron rule seems to have disappeared for the third brother.

The median population is 25.7, which means that half of the country's population is under 25.7 years old.

Looking at the past 28 years, the oldest age is only . What is this? It’s full of purchasing power and labor force.

"And the number of people over 60 years old actually accounts for less than 3% of the total population? If I didn't believe in John's caution, I would have thought that there was a missing 1 in front of it."

The aging rate is too low, pitifully low.

But it is understandable that India's aging situation is a bit like Mexico's.

In Mexico, if you are sick, you drink Coke. If it doesn't cure you, it must be because of the wrong processing method.

As for India, Coke becomes Ganges water. Check out Ganges Selection, the lowest price on the Internet, so low that you don’t have to pay for it.

In today's Sri Lanka, more than 30% of the population is still in a state of extreme hunger. Where can they go to see a doctor? Even if a hospital is built, it will close down due to lack of patients.

"Let's not talk about this aspect for now. I think we should pay attention to the Indian market, especially since our industries can enter a lot and it is a perfect complement."

An economy can be simply divided into agriculture, industry and services.

Continuing the colonial tradition, India's main economy is agriculture.

After independence, almost all of India's industries were in the hands of the government. Due to licensing issues, the industry had no competition and was in a very poor state overall.

Now, due to economic development, India has started to make money in any way it can and has never looked back on the road of global service industry.

Therefore, India’s industry collapsed, which is why it later vigorously introduced manufacturing industries to settle in the country.

In this regard, the Far East is indeed a perfect complement. In the manufacturing industry, the world cannot avoid the topic of the Far East.

"I value another aspect more: talent and cheapness."

Luo Nianzhong's words meant that the matter had been decided and the group was finally going to enter the Indian market.

Why was India able to have business dealings with all the major companies in the world and become the king of global outsourcing?

The first is definitely low labor costs, based on the data from 2020 that Luo Nianzhong knows.

A senior engineer who manages several programmers earns an annual salary of US$7000 to US$ in India.

For the same position in the United States, even in a small factory, the starting salary is $30000.

Internet companies, in particular, need a large number of technically skilled people to serve as customer service, technical center personnel, and survey and feedback centers.

In India, such personnel earn less than two dollars an hour, while the minimum hourly wage in the United States is three or four times higher, not to mention technical talents.

Of course, there are countries with low manpower, and nearby countries such as Laos have even lower labor force, so why should it be left to India?

This is the second advantage, talent.

No one can guess what the third brother is thinking. In his mind, as long as he goes to school, he must choose science and engineering.

Although the domestic industry is not doing well, one must choose science and engineering, as liberal arts are not prestigious.

This results in a situation where there are a large number of science and engineering talents in India, but not enough jobs to offer them, so a large number of science and engineering talents are idle at home.

Moreover, India’s science and engineering education is really good. Just look at how many CEOs of the world’s largest companies are Indians in later generations.

Google, Microsoft, IBM, Twitter, etc., they are not of Indian descent, but Indians who went to the United States after graduating from college in India.

The reason why Indian talents can do so well in the United States is thanks to Britain. This is also one of India's advantages, that is, they speak English.

Although English is not the official language of India, higher education is conducted in English.

In India, about 20% of the population speaks English and most of them have received higher education.

This is a population of more than 200 million, which would rank among the top five most populous countries in the world if taken alone.

These advantages enabled India to achieve rapid economic growth through the Internet and become a global call center and technical support center.

When calling shopping websites, airline customer service, product promotions, etc., the person on the other end of the line speaks a lot of Indian English.

As long as you need these services and as long as your products are aimed at English-speaking countries, India is the first choice, even for large domestic manufacturers.

Of course, there are pros and cons. The result is that the industrial system collapsed further.

The future is the era of the Internet, which will require a large number of telephone jobs. Luo Nianzhong cannot let people from Hong Kong do this, so India is the first choice.

Luo Nianzhong would not object to entering the San Ge market.

But in his mind, industry is just going with the flow, and service talent is what is most needed, and it all comes down to cost.

With the same cost, you can also recruit people in the north, but there may be almost no people who can speak fluent English.

“Come up with a plan.”

Welch understood, “Let’s do it the same way, just like other countries in Southeast Asia.”