Difference between India and china , a small example

[Spartan]

[Sachin200]

27 minutes ago, Ryzen_renoir said:

Motham bogus boss , total ga . Ventilatior company edho Gujarat vadiki isthey motham fail ayyayi , so there is no info to whom they supplied the ventilators .

Emi ledhu R&D ki tax provisions levu , grants levu and on top of that harassment by IT officials has increased . Genuine companies ni harass chestunaru GST staff , exporters ki GST credit ni bribe ichey varaku withhold chestunaru officials . Automate chestha annaru but whole system is still run manually .

see that's why they stopped talking about corruption and only focusing on hindu - muslim / kashmir/ Pakistan for even a municipal elections  .

Indian economy is going through its worst quarter In history and they still won't listen to experts and eminent nobel laurates .  

I agree , but certain things cannot be overnight too . It takes huge amount of time to attract manufacturing companies . .

Ventilators were made by many companies and no update on their status . Gujarat one was not successful . Any product cannot be successful overnight , they should give sometime to modify further. 

They tried to setup semiconductor manufacturing industry and did not work out .

 Hindustan Semiconductor Manufacturing Corporation (HSMC), which had ST Microelectronics and Silterra Malaysia, was asked to set up a Rs 30,000-crore fab in Gujarat. The permit to set up the country’s first chip unit was cancelled in 2019 as the consortium couldn’t submit the required documents.

For Atmanirbhar it needs adequate exposure and experience . It should be a gradual transition . It is a good initiative but needs proper execution . 

[Sachin200]

29 minutes ago, hyperbole said:

80-90% speciality items if manufactured in India is from assembling from the parts bought from chinese and there is little to no indigenous manafacturing in India.

If you cannot manufacture in scale they same item will cost 2-3x times. Some thing that chinese produces for $100 will cost $300 to make in India. That’s why need SEZ and clusters at scale.

 

It can be gradual transition . We cannot expect overnight production of all needed raw materials /goods. It can make path forward hopefully 

[Picheshwar]

1 hour ago, Piracy Raja said:

China tho India ni comparing aa 

At max population lo compare chesukvoachu anthe

Bhakt galla yard stick 🇵🇰 to polchamantava vunkul 😮

[hyperbole]

11 minutes ago, Sachin200 said:

It can be gradual transition . We cannot expect overnight production of all needed raw materials /goods. It can make path forward hopefully 

I only see franchising everything to Adani and Ambani. See the growth happens when someone from outside come and invest or our capalists put their money to work. The international investors are far and few in manufacturing sector and if there are any and that too for local demand(no exports) and sometimes it is just an eyewash to escape taxes or political parties want to make some statement.

Local companies cannot successeed as long as as the very basic issue of having access to credit is fixed and secondly land reforms for major investors. UPA put a honest effort but was watered down by the greedy capitalists and corruption  - bad loans, land assignments got converted mere reality projects by politicians and capitalists again.

BJP came in to power with a full understanding of all these issues but they still don’t seem to have an answer. instead on focusing the core problems they wasted time with demonetization and angered the eminent economists in the process. 

GST has some shortcomings and it’s been 2 years of it’s inception and we are still struggling to fix basic issues in GST.

unless we fix these basic issues it is difficult to compete with the china - access to credit and land bank to scale up . Labor laws reform only will come after we have some working model

 

[NiranjanGaaru]

Mari congress inni rojulu em pikindhi more than 70 years ruled in centre

[dasara_bullodu1]

13 hours ago, Ryzen_renoir said:

India : 

Make in india and sell to world  , reality : import restrictions on world class products to ensure a small group of industrialists benefit and export nothing . 

The only benefits companies receive are small tax exemptions , scholarships for higher education cut and no support for research in universities. 

Zero long term vision or policy , only talk about akand bharat or hindu muslim issues . 

China :  no slogans , only goal is to create world class companies that can compete with the best . 

Full tax exemption and huge funding for University research programs that directly translate to real world research . 

How many of you know about Contemporary Amperex Technology Co. Limited ? 

 

Founded in just 2011 , one of the leading battery manufacturers with a valuation of 50B$ . It has plants everywhere around the world , employing around 30 k .  It's R&D budget is greater than all indian investment in EV sector altogether .  Employs thousands of people with masters and PHD  and has partnership with every major manufacturer in the world .

athmanibar is a joke to save his cronies and the dumb people lap it up like it's Einstein's idea 

Arey glass marchandi Make in India chusi Made in India anukuntunnadu

[dasara_bullodu1]

10 hours ago, aakathaai789 said:

Eellu capitalism model ni communism musugu lo bhale adopt cheskunnaru le. Mao tseng gadi koduku leader ayyunte china ila undedi kaademo. Deng gadu china ni communism nundi capitalism model ki bhale thippaadu

Vaani philosophy- It doesn’t matter whether a cat is black or white till it catches mice is the biggest gain

[Sachin200]

8 hours ago, hyperbole said:

I only see franchising everything to Adani and Ambani. See the growth happens when someone from outside come and invest or our capalists put their money to work. The international investors are far and few in manufacturing sector and if there are any and that too for local demand(no exports) and sometimes it is just an eyewash to escape taxes or political parties want to make some statement.

Local companies cannot successeed as long as as the very basic issue of having access to credit is fixed and secondly land reforms for major investors. UPA put a honest effort but was watered down by the greedy capitalists and corruption  - bad loans, land assignments got converted mere reality projects by politicians and capitalists again.

BJP came in to power with a full understanding of all these issues but they still don’t seem to have an answer. instead on focusing the core problems they wasted time with demonetization and angered the eminent economists in the process. 

GST has some shortcomings and it’s been 2 years of it’s inception and we are still struggling to fix basic issues in GST.

unless we fix these basic issues it is difficult to compete with the china - access to credit and land bank to scale up . Labor laws reform only will come after we have some working model

 

NDA addressed the issue of Insolvency bankruptcy code (ibc) which deals with the protocol of bankruptcy and which were effecting banks from the pile up of bad loans. The time frame was significantly reduced ( upto 270 days ) . Further it promoted India rank in the ease of doing business to 65-70 ( check data base ) .  Previous rank was 132 ( during our great visionary  MMS ) 

https://thewire.in/banking/india-ibc-solvency-bankruptcy 

During covid some relief to small scale MSME  was provided by government too 

Earlier it used to take hell lot of time post insolvency /bankruptcy and foreign investors do consider before making a investment plan too !

Mobile/ electronics 

Modified Special Incentive Package Scheme (M-SIPS) which aimed at offsetting disabilities in Electronics System Design and Manufacturing (ESDM) industries (such as high cost of finance, power, lack of infrastructure, etc) and attract investments. The scheme proposed to give an incentive for investments on capital expenditure by companies to the tune of 20 per cent for investments in Special Economic Zones (SEZs) and 25 per cent in non-SEZs. After the Narendra Modi government came assumed office in 2014 and launched the Make In India and Digital India missions, it also amended M-SIPS in 2015 after receiving feedback from various stakeholders.The policy was further tweaked in 2017. The changes produced phenomenal results in just a few years.In 2014, India was producing $29 billion worth of electronics while imports stood at $38 billion. In 2018-19, production jumped to $70 billion and imports increased to $57 billion.Mobile device manufacturing rose from a value of a paltry $2.9 billion to $24.3 billion, making India the second-biggest hub of mobile manufacturing in the world.In 2014, there were only two mobile handset manufacturing units in India.In 2019, there were more than 200. In 2014, 60 million mobile handsets were produced. In 2019, that number jumped to 330 million, more than a five-fold increase.Thanks to this significant addition in production, around 2 million jobs were created, directly or indirectly

It is more of  assembling  mobiles and hope we can produce in India 

[Sachin200]

 

Cabinet approves PLI scheme worth Rs 1.46 lakh crore for 10 sectors

PLI Scheme: The scheme will make Indian manufacturers globally competitive, attract investment and enhance exports.

Production-Linked Incentives (PLI) worth up to Rs 1.46 lakh crore have been announced for 10 manufacturing sectors. The sectors include automobiles and auto components, pharmaceutical drugs, advanced chemistry cells (ACC), capital goods, technology products, textile products, white goods, food products, telecom and speciality steel.

Financial outlays have been allocated over a five-year period for the 10 sectors, and the aim of the scheme is to provide a boost to the Indian manufacturing sector, promote exports and make India an integral part of the global supply chain.

@Ryzen_renoir @hyperbole 

[Sachin200]

 

[Ryzen_renoir]

8 minutes ago, Sachin200 said:

 

Cabinet approves PLI scheme worth Rs 1.46 lakh crore for 10 sectors

PLI Scheme: The scheme will make Indian manufacturers globally competitive, attract investment and enhance exports.

Production-Linked Incentives (PLI) worth up to Rs 1.46 lakh crore have been announced for 10 manufacturing sectors. The sectors include automobiles and auto components, pharmaceutical drugs, advanced chemistry cells (ACC), capital goods, technology products, textile products, white goods, food products, telecom and speciality steel.

Financial outlays have been allocated over a five-year period for the 10 sectors, and the aim of the scheme is to provide a boost to the Indian manufacturing sector, promote exports and make India an integral part of the global supply chain.

@Ryzen_renoir @hyperbole 

Headlines excellent ga utnayi modi government lo , but reality ki ra Government emi ivvadam ledhu just tax tagicharu anthey .

Small example cheptha Kia motors ki AP gave rebates for 25 years which will amount to four times it's investment in the state.  Antey 60000 crores rebates to car industry ani hedline veyachu 

Most of the companies investing here isn't going to export the products because there is no value being added here .  The iphones exported to US are still made in china and their components are made in asian countries . 

Make in India iphones are only sold in india and few  neighbouring countries .  Malli chest thumping headlines iphone is moving out of China ani , but reality is only for india and that too by forcing them with high import taxes

[Sachin200]

7 hours ago, hyperbole said:

 UPA put a honest effort but was watered down by the greedy capitalists and corruption  - bad loans, land assignments got converted mere reality projects by politicians and capitalists again.

 

 

UPA regime lo major economic reforms konchem mention cheye! Some good initiatives MGNREGA , RTI 

[Ryzen_renoir]

11 minutes ago, Sachin200 said:

 

Headlines /figures masthi untayi but nirmala sitharaman has to be the worst finance minister in our country's history . 

Do you know even a single prominent economist in her team ? 

[Ryzen_renoir]

Imports ni ban chesi , they are forcing firms to setup domestic assembling plants .  This will create walked garden where only a few firms will operate and can charge whatever they want . 

I would have praised the government of they gave subsidies to manufacturers and made them compete with the best rhe world has to offer .

China products ban antey understandable but why cannot our manufacturers compete with Thailand , Malaysia , Bangladesh ?