Brainpower.
Software work for global companies.
TCS
Sells
Needs
People and laptops,
not factories.
not factories.
So
Less money stuck in machines.
More cash flows out to shareholders.
More cash flows out to shareholders.
Reliance
Sells
Fuel, telecom, retail.
A bit of everything.
A bit of everything.
Needs
Refineries, towers, stores.
Huge upfront spending.
Huge upfront spending.
So
Billions invested first.
Profits arrive over the years.
Profits arrive over the years.
One earns on minds. One earns on machines.