India is make a $2000 car that might be sold for $4000 in US, a cheap cell phone, and a $20 laptop. If everything goes cheap, that means we can buy more stuff or junk so we can save more money. Actually this may hurt the economy if our savings rate stays at the new 4%. There goes capitalism for the world...
It is also the latest example of ultra-cheap engineering to emerge from the sub-continent. India has already given the world a 100,000 rupee (£1,420) car, the Tata Nano, and a super-basic £10 phone — goods that are now expected to find favour among relatively affluent Westerners as the global economic downturn bites.
However, the launch of a viable computer that costs less than most paperback books would herald a startling new era in thrifty manufacturing. The Indian laptop, which has been on the drawing board for at least three years, will be the centre of attention at the launch of India's new National Mission on Education through Information and Communication Technology, a scheme to boost learning in rural areas through the internet.
Last edited by Wesley; 02-02-2009 at 02:43 PM.
Looking forward to CFH magic for the next bball season, Georges style.
All content owned by CycloneFanatic.com - All rights reserved 2005-09. By viewing this website you agree to the Terms of Service, Site Rules and Legal Disclaimer. The words, views, images and opinions expressed or provided by users do not reflect the opinions or views of CycloneFanatic.com or Iowa State University. The names, words, symbols, and graphics representing Iowa State University are trademarks and copyrights of the University protected by the trademark and copyright laws of the United States of America and other countries and are used on this web site under license from the University. Original site design, premise & construction by Jeremy Lind.