Astute observation, Mr. Green. And one that may be built on, I think For example, the financiers throw jobs to Inida claiming they can not be filled here be quality workers, when that is most assuredly not true. And where India is demonstratedly no great leading technological innovator -- its railway system shows that India has many strengths, absolutely, a wonderful, warm and smart people they are! Yet, AMERICA is where techonological innovation is incadescent -- every minute of the American History shows that.
Why throw the money to a place where its long return will be hundreds of times, thousands of times less than it would be if invested state-side? Because -- you called it -- they fear change!
One of India's strengths is its inertia, its dampening of radical changes, taking them in slowly and digesting them. Their product is fine and pretty, but slow. Silk and not rayon. Delicate tapestry and not broadloom. That slowness, that inertia, that resistance to innovation, to the dreaded *Change* is what has brought the eye of the greedy, the greedy yet fearful to the bones of change to India.
The modern King Luddites seek a Principality to Rule. Like the Victorians (same mindset they had), they have found it in India.
It is time for us to throw off those neo-Victorian Luddites, and develop rascally and novel ways of financing innovative industry, manufacture business here, outside the range of operation of those fiat money Princes and Federale Legislators.