| Vendot |
03-23-2005 05:59 AM |
The big deal about .IN Domains
OK guys, its about time someone explained this to people properly once and for all what the fuss is about.
Sure, .co.in seems to have a higher premium right now owing to the fact that its in use right now but .IN is short and is highly likely to surge in value in coming years (assuming India's growth continues at the current pace).
Please consider the following FACTS:
(1) India is currently the second fastest growing economy in the world bar none. China is the premier but India's growth is set to far outpace China's in coming years, making it the fastest growing economy in the world by a long shot.
(2) With china language will always be a barrier. English is the first language in India. The educated population are taught English before any other language (including hindi, urdu etc). A lot of people on GFY dont know this.
(3) Western culture is a huge fucking influence over there. The kids love metallica etc, wear designer labels, eat at KFC/McDs, watch american tv shows on satellite, use mobile phones etc. India is not a third world country and any ignorant fucks who think it is, need to move with the times.
(4) India contains the largest pool of highly qualified coders, programmers. designers and computer technicians as just about anywhere else and remember that Bangalore is bigger than silicon valley for volume. Investment from US companies such as Microsoft is absolutely huge and keeps on coming.
(5) Outsourcing jobs from the west to India has become a huge motherfucking industry. More money invested in projects there, pour money into the Indian economy and this results in a better paid, wealthier population/companies and more money for business and therefore higher prices paid for domains.
(6) There are more websites on the internet designed for, by or in India than any other kind of website. Even so, the india web is fairly under developed at this stage but once india has its better internet connections and broadband things will fly a thousand fold.
(7) India is the worlds largest democracy and is considered to be a true democracy even comparable some western democracies. Also in many respects India is on side, is a major ally and is well positioned for trade with the west.
Put this all together and you have a MAJOR fucking recipe for a hot domain market. I think a lot of the people who are buying into indian domains right now already know all this but some people still need to be told because its still not too late to pick up awesome domains (.in or .co.in for that matter).
Much will depend on how the Indian government deals with corruption and whether they can effectively distribute the funds to solve some of their problems like poverty, infrastructure etc but basically India is well placed to soar.
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