Tuesday, July 03, 2007

Intellectual Capital 2

Today Mint featured a story about NASCOM celebrating India's 1.6 million software programmers achieving a turnover of US$50 billion, that is 5.2% of India's GDP.
However I believe that only Infosys could have achieved this figure, see ERP for SME: Intellectual Capital.

Thus the average Intellectual Capital of an Indian programmer (or Intellectual per Capita) is US$ 31K.

The Intellectual Capita of Apple is US$ 1million, so even if 10% of the Indian programmers have that Intellectual capita the figure will add a cool $160 billion to the GDP.

But unfortunately the NASCOM only aims for US$ 60 billion by 2010.

I think we need to become more ambitious as a country. Come on guys we can do it!