What Ails the BPO Industry in Pakistan?

``#110 by majumdar on January 31, 2007 5:05am PT
But there is a fairly big list of achievers coming out from IITs/IIMs. I would get back with a list if I have the energy. ``

don`t bother. the list is right here below: -

http://en.wikipedia.org/wiki/List_of_notable_IIT_alumni

of course the last time manto bhai was shown this list, he dismissed it by saying that he does not know any of these losers!!!!!

rgds,

devkant.

Re: # 110

Please recall HUBCO in Pakistan which was at one time the largest in Asia.... I think judging by that I`d say Pakistan has a pretty decent record even at its own cost.

Re: # 108

Its been more than five months since you apologised for lying like you did on several issues ... shall we revisit that board now ... it was ``Remembering a Great Pakistani: Sir Zafrullah Khan``.

As for Pakistani engineers... you yourself claimed to have worked with them in the US... so what more evidence do you need (unless you`ve never been there which is a distinct possibility given your ``mastery`` of the English language)

Manto mian,

(honoring PPAs is hardly an issue )

PPA is a power purchase agreement between a power producer and an offtaker. Dabhol (Enron) is a prime example of a PPA (which perhaps should not have been signed in the first place) which was not honoured by the Indian Govt.

(Harish mian`s #101 represents true mediocrity 101 of the Injun mind. He is an Eye Eye Tee grad I believe who is employed in the BPO sector ...)

I don`t think I should be judging Harishbhai or anyone else. I guess all of us are entitled to our opinions. But there is a fairly big list of achievers coming out from IITs/IIMs. I would get back with a list if I have the energy.

Regards

Re: # 107

Yaar ...your posts 107 and 103 grant us adequate demonstration of your educational credentials ... and the fact that you insist pigheadedly that you are right ... despite the fact that you probably will shame even Inzimam with your ``superior`` English skills ... shows that humility does not feature in the curriculum either.

It`s been more than a month since you said you`d get back with specifics of ``tens of thousands of bigshot Paki engineers working for major US companies`` and bolted away with your tail tucked in between your legs.

What happened? No luck yet?

#106 by Yasser

The phrase ``I envy you`` is often used as an expression of admiration.

In which case, the word ``praise`` should have sufficed no? But seriously, which Madarssah in Pakistan did you attend?

#105 Yasser

I think we can all see how true my claims are.

And how is that, may we ask? How ``can we all see how true`` your claims are?

Re: # 103

Always resorting to the dictionary.com is expected from a call center worker. Envy is used in several places positively as well... depending on the context.

The phrase ``I envy you`` is often used as an expression of admiration. But you would have to be well educated to understand such nuances of the English language. I don`t blame you .... I blame Eye Eye Tee.

Majumdar,

Harish mian`s #101 represents true mediocrity 101 of the Injun mind. He is an Eye Eye Tee grad I believe who is employed in the BPO sector ... I think we can all see how true my claims are.

I`ll get back to you about a credible source vis a vis Macroeconomic indicators...

As for your question... Pakistan generally has a good track record in being quite laissez faire when it comes to giving foreign investors maximum room to operate. Now that the government allows 100% equity ... honoring PPAs is hardly an issue - unless I am not getting your question. I am talking about the over all legal regime with all laws in toto ofcourse...

guys...lets seriously take our discussion to UP.

rgds,

devkant.

#96 by Yasser

you envy Premji and praise him day in day out because an average Indian has no chance of ever getting what Premji has or can have.

Do you know what the word ``envy`` means? Can you show a single post where any Indian has envied Premji for his wealth?

FTR, here`s what envy means (I`m sure you don`t know what it means given your Madarssah background)

1 : painful or resentful awareness of an advantage enjoyed by another joined with a desire to possess the same advantage

3 : an object of envious notice or feeling

Narayana Murthy was an average Indian before he founded Infosys, Laxmi Mittal`s father was just another steel trader before his family bought an ailing steel mill in Indonesia, Dhirubhai Ambani was just another average Indian when he forayed into the Middle East in search of a living as a lowly clerk. Today these men are synonymous with Indian enterprise. I can understand your defeatist and pessimistic approach because in Pakistan, such things just do not happen or are extremely rare. But there is a success story in every bylane in India where ordinary men made a fortune through sheer innovation and hard work. That is why the disproportionate percentage of Indian-founded startups in Silicon Valley too, but being a Paki, you won`t understand what hard work and enterprise means.

Manto mian,

(Pakistan`s macroeconomic indicators have been positive for many years now... )

Where could I get data on indicators like the consolidated (GoP + State Govt) Fiscal Deficit/GDP, Public Debt/GDP, CAD etc for the last five years for Pak.

(First of all economic sectors open to Foreign Direct Investment and there is complete equal treatment to local and foreign investors including 100 % foreign equity- )

If true certainly very creditable.

How has the experience been in honouring PPAs and other offtake agreements in the infra segments?

(Not only that Pakistan is party to the Paris convention on Arbitration. )

If I am not mistaken, so is India.

(despite what ever propaganda you might wanna do in favour of Eye Eye Tee and Eye Eye Em.)

I don`t think it is entirely propaganda. Some of IIT and IIM Alumni have certainly made it very big.

Regards

#99 by Yasser

As for human resources... it is well known that skilled Pakistanis are as good as if not better than Indians... despite what ever propaganda you might wanna do in favour of Eye Eye Tee and Eye Eye Em.

Sure..like the ``tens of thousands of Pakis`` working as ``bigshot managers`` in ``top US companies``..no?

PS: the red tape has been considerably reduced now... under Shaukat Aziz... Pakistan is quickly moving towards E-Government .... when I was working for SAP Pakistan division of SAP Malaysia, one of our biggest clients was the government of Pakistan which is going all out ...

Re: # 98

You`ve already mentioned infrastructure. So I`ll leave it out. Pakistan`s macroeconomic indicators have been positive for many years now...

It is the investment regime that is most attractive really... First of all economic sectors open to Foreign Direct Investment and there is complete equal treatment to local and foreign investors including 100 % foreign equity- No Government sanction required.
There is a very tax / tariff incentives package. Complete remittance of Royalty, Technical & Franchise Fee, Capital, Profits, Dividends is allowed.

Pakistan has one of the most liberal investment protection legal regimes in the world... following laws are in place

Foreign Private Investment (Promotion & Protection) Act, 1976.
Protection of Economic Reforms Act, 1992
Foreign Currency Accounts (Protection) Ordinance, 2001

Not only that Pakistan is party to the Paris convention on Arbitration.

As for human resources... it is well known that skilled Pakistanis are as good as if not better than Indians... despite what ever propaganda you might wanna do in favour of Eye Eye Tee and Eye Eye Em.

Over all... Pakistan being unexplored offers much better opportunities vis a vis cost of business than India...

Manto mian,

(see that Pakistan is actually a much more sophisticated and better place than India for investment.)

In what sense. Better macroeconomic climate/ better policy framework/better access to markets/ better access to finances/ better human resources availability/ better nfrastructure/lower cost of doing business. Infrastructure would certainly seem to be a positive, not sure about the rest.

Would be interested if you can provide some good references.

Regards