uttermost Posted January 29, 2019 Report Posted January 29, 2019 Just now, manatelugu said: I think Hyderabad also started with foreign investment am I right? Lol. Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 6 minutes ago, uttermost said: Hyd is densely populated, with huge infrastructure (means lot of contractors who made money off the govt) plus its the seat of power, with politicians and industrialists and software magnates. note, i said attracting foreign companies is loss of revenue. Not local companies. also please note that FDI is about less than 1% of domestic investment. so all the foreign companies you attract is just for show. There may be exceptions but I doubt that Kia motors will help create a auto cluster in Anantapur, is it? its not going to happen. Central govt projects, and grants are another big source of revenue for the govt. Its the job of the govt to realistically plan within these constraints, not promise Singapore in a place where people don't have minimum health or education standards. And also don't you think most of our Indian companies are having foreign investors? Quote
uttermost Posted January 29, 2019 Report Posted January 29, 2019 Just now, manatelugu said: And also don't you think most of our Indian companies are having foreign investors? No. only very few. like less than 1% perhaps. Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 Just now, uttermost said: No. only very few. like less than 1% perhaps. Could you say some of the top companies that dont have foreign investors Quote
Android_Halwa Posted January 29, 2019 Report Posted January 29, 2019 4 minutes ago, manatelugu said: I think Hyderabad also started with foreign investment am I right? What ????? You should get your facts right. Hyd has been in existence much before CBN came to know about foreign investment. Dont confuse yourself. Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 Just now, Android_Halwa said: What ????? You should get your facts right. Hyd has been in existence much before CBN came to know about foreign investment. Dont confuse yourself. I am saying about companies in Hyderabad not about Hyderabad Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 1 minute ago, Android_Halwa said: What ????? You should get your facts right. Hyd has been in existence much before CBN came to know about foreign investment. Dont confuse yourself. He said that foreign investment=loss so I had shown just an example stating Hyderabad I mean companies in Hyderabad doesn't this companies generate revenue? Quote
uttermost Posted January 29, 2019 Report Posted January 29, 2019 1 minute ago, manatelugu said: And also don't you think most of our Indian companies are having foreign investors? See man.. Its up to the people to lift themselves. Andhra people want to be in agriculture, and the more ambitious want to go to Hyd/Blr/USA. may be the more ambitious can stay back in their place and start a company, instead of 'investing' in real estate. that is not investing, but lazy rent seeking behaviour. CM can't make them start industries. CM can hope that out of 1 lakh graduates per year, atleast 10 will do it. and provide the infra for it. Infra means not Sri City kind of infra.. but basic industrial buildings with power and water is enough. Its so cheap to do it. Is CBN the CM to do it? No. Is Jagan the CM for it.. probably not. so there's not much difference between both from my perspective. and I care only about industrial infra, mostly. Quote
Android_Halwa Posted January 29, 2019 Report Posted January 29, 2019 2 minutes ago, manatelugu said: And also don't you think most of our Indian companies are having foreign investors? So what ? If Indian companies have foreign investors, what is the point you are trying to make ? India is world’s fastest growing country and foreign investors will come in to make money... Quote
uttermost Posted January 29, 2019 Report Posted January 29, 2019 3 minutes ago, manatelugu said: Could you say some of the top companies that dont have foreign investors top companies are 1% of the total companies. plenty of small scale industries in Hyd and Andhra. around 150k perhaps. none of them have foreign investors, just local bank loans, and in some cases entrepreneur's own money. Quote
Android_Halwa Posted January 29, 2019 Report Posted January 29, 2019 2 minutes ago, manatelugu said: I am saying about companies in Hyderabad not about Hyderabad What is with companies in Hyd ? Before 1991, there were laws which were incompetetive for foreign investors to invest in indian companies... post liberalisation in 1991, a lot of things have changed . Not just Hyd but foreign wealth poured in... Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 Just now, uttermost said: See man.. Its up to the people to lift themselves. Andhra people want to be in agriculture, and the more ambitious want to go to Hyd/Blr/USA. may be the more ambitious can stay back in their place and start a company, instead of 'investing' in real estate. that is not investing, but lazy rent seeking behaviour. CM can't make them start industries. CM can hope that out of 1 lakh graduates per year, atleast 10 will do it. and provide the infra for it. Infra means not Sri City kind of infra.. but basic industrial buildings with power and water is enough. Its so cheap to do it. Is CBN the CM to do it? No. Is Jagan the CM for it.. probably not. so there's not much difference between both from my perspective. and I care only about industrial infra, mostly. Oh don't you think our Telugu people are entreprenural except realestate investors didn't you seen any Telugu entrepreneurs Quote
uttermost Posted January 29, 2019 Report Posted January 29, 2019 3 minutes ago, Android_Halwa said: What is with companies in Hyd ? Before 1991, there were laws which were incompetetive for foreign investors to invest in indian companies... post liberalisation in 1991, a lot of things have changed . Not just Hyd but foreign wealth poured in... and the foreign money pours only into a place with a rich network of local industries to leverage it. No foreign money pours to 'develop' a region unless there are huge concessions given to move there. its so lol. Quote
uttermost Posted January 29, 2019 Report Posted January 29, 2019 1 minute ago, manatelugu said: Oh don't you think our Telugu people are entreprenural except realestate investors didn't you seen any Telugu entrepreneurs AP is not that bad, but is the least industrial state in south India, barring Kerala. Quote
manatelugu Posted January 29, 2019 Report Posted January 29, 2019 2 minutes ago, uttermost said: top companies are 1% of the total companies. plenty of small scale industries in Hyd and Andhra. around 150k perhaps. none of them have foreign investors, just local bank loans, and in some cases entrepreneur's own money. Don't you think with those start of investment our people started business with increase in opportunity Quote
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