Reliance Power bags $1.3 billion LNG-based project in energy-starved Bangladesh

[TopCat]

This guy is a known ostrich with head in sand that refuses to see basic Bangladesh failure in attracting investment and will go to any length to project it actually as some success of internal resilience or whatever.

It is pointless trying to reason with him (head stuck in sand)....best to keep the FDI turnaround going in India and get our GCF back to mid 30% range and try get it to 40% even....while they can keep their "non-FDI" banian economy and wonder why they have to import bajaj pulsars in increasing number from India.

And then he quotes that FDI in China was always below 10% in terms of GCF, not realising it is about 10% for India currently now as well.

Looks like you are the one who is ostrich. I did not oppose FDI to certain length but you are the one thinking FDI is the ultimate goal for you in India. In fact India can not sustain its current account balance without FDI. Now you can take your head out of the sand and smell it.

Does Bangladesh even produce nuts and bolts? What is the level of industrialization in your country except exploiting woman labour for fulfilling EU and USA granted benevolent quotas?

Our level of industrialization is 31.5% of the GDP. 30% of labor force works in the factory. Industrial real growth rate 11%. Now yours?

 

[Loafer]

They will bring up Walton such and such.

Here is the wiki site:

https://en.wikipedia.org/wiki/Walton_Group

Tell me if you are able to find basic financial parameters for this group (revenue, net income etc)

I am not able to find any financial data on Walton. Supposedly they slap badge the Chinese 80cc mopeds and electronic and sell the Bangladeshis a fake dream of manufactured in Bangladesh. LOL

Our level of industrialization is 31.5% of the GDP. 30% of labor force works in the factory. Industrial real growth rate 11%. Now yours?

What factory? What you make?

You don't make you stitch. Don't give me arbitrary figures. Bangladesh doesn't have a national highway. And some idiot was trying to say that most Bangladeshis prefer to fly than Indians, so Bangladeshis are better. Ghanta.

 

[TopCat]

What factory? What you make?

You don't make you stitch. Don't give me arbitrary figures. Bangladesh doesn't have a national highway. And some idiot was trying to say that most Bangladeshis prefer to fly than Indians, so Bangladeshis are better. Ghanta.

I answered your specific question. What factory you want to know? Export or domestic consumption? We make everything except automobiles or planes, that might also change in few years.

 

[Loafer]

I answered your specific question. What factory you want to know? Export or domestic consumption? We make everything except automobiles or planes, that might also change in few years.

Bangladesh assembles. Bangladesh does badge changing on imported Chinese junk, Bangladesh stitches. Bangladesh weaves. Bangladesh breaks ships.

Bangladesh doesn't have any industrialization apart from the above.

 

[Nilgiri]

Looks like you are the one who is ostrich. I did not oppose FDI to certain length but you are the one thinking FDI is the ultimate goal for you in India. In fact India can not sustain its current account balance without FDI. Now you cant take your head out of the sand and smell it.

Overall investment has been lower in Bangladesh compared to India for decades now in %GDP terms. FDI is just another icing to cake now. Thats why word Bangladesh still gets a big confused expression from any industrial company worldwide.

And you are talking about our FDI which is now more than 60 billion a year financing our CAD which is shrinking close to 1% of GDP?

I answered your specific question. What factory you want to know? Export or domestic consumption? We make everything except automobiles or planes, that might also change in few years.

Give us the recent revenue and net profits of Bangladesh's top 5 engineering companies. Lets start with Walton.

 

[TopCat]

Bangladesh assembles. Bangladesh does badge changing on imported Chinese junk, Bangladesh stitches. Bangladesh weaves. Bangladesh breaks ships.

Bangladesh doesn't have any industrialization apart from the above.

Those words are the resultant of extreme jealousy from a WB loafer.. Ghanta..

And you are talking about our FDI which is now more than 60 billion a year financing our CAD which is shrinking close to 1% of GDP?

Now you came to my initial point. It was not India specific. I answered @hinduguy that financing CAD with FDI is the fundamental flaws of the economic policy which WB or ADB will be suggesting and which made few of the South East Asian countries to fail in the long run. I guess Pakistan already seen it. India saw it too after quantitative easing fear from Fed.

 

[Loafer]

Those words are the resultant of extreme jealousy from a WB loafer.. Ghanta..

Our neighbours have some sort of inferiority complex against Indians.

They think Hindus are compassionate people and we can do our badhai in front of them.

Pakistan says they are children of Aryans who came riding in chariots with horses from Euro steepes and are superior to Indians.

Sri Lankans say we have higher GDP/capita, higher life expectancy, better infrastructure (What???), better standards of living, higher HDI (invented by a Pakistani) and we are better than Indians.

Bangladeshis find themselves at bottom in South Asia, so they have to stake some claim to be relevant.

They say we are better in women employment, better life expectancy (2 years gap) and yay we are better than Indians.

But the matter of fact is they don't know India is upto. India is leagues leagues leagues ahead of them in industrialization, banking and developed financial capital markets, R&D, Government budgets in education, Railways, Roads, ports, trade, etc. They don't understand that an average Indian lives far better life than these people. These fools live in utopian world. When Indians unleash the facts, they are caught unaware and have no defence.

 

[TopCat]

Our neighbours have some sort of inferiority complex against Indians.

They think Hindus are compassionate people and we can do our badhai in front of them.

Pakistan says they are children of Aryans who came riding in chariots with horses from Euro steepes and are superior to Indians.

Sri Lankans say we have higher GDP/capita, higher life expectancy, better infrastructure (What???), better standards of living, higher HDI (invented by a Pakistani) and we are better than Indians.

Bangladeshis find themselves at bottom in South Asia, so they have to stake some claim to be relevant.

They say we are better in women employment, better life expectancy (2 years gap) and yay we are better than Indians.

But the matter of fact is they don't know India is upto. India is leagues leagues leagues ahead of them in industrialization, banking and developed financial capital markets, R&D, Government budgets in education, Railways, Roads, ports, trade, etc. They don't understand that an average Indian lives far better life than these people. These fools live in utopian world. When Indians unleash the facts, they are caught unaware and have no defence.

Ok..

 

[gslv mk3]

India is leagues leagues leagues ahead of them in industrialization, banking and developed financial capital markets, R&D, Government budgets in education, Railways, Roads, ports, trade, etc.

You said R&D ? Most Bangladeshis haven't heard of that term.

There is another famous Bangladeshi troll,who makes claims that Bangladesh is at par with India in industrialization & RMG is a 'precision industry'.Go figure.

 

[Loafer]

Ok..

I will soon start a thread on this here.

You still don't concede the fact. Do you?

 

[gslv mk3]

Ok..

Where is the data on Walton ?

BTW,Many here claims that Bangladesh is ahead of India in shipbuilding.

Apparently the revenue of Bangladesh's largest shipyard is $30 million.

Our very on Cochin shipyard earns 10 times that.

 

[Loafer]

You said R&D ? Most Bangladeshis haven't heard of that term.

There is another famous Bangladeshi troll,who makes claims that Bangladesh is at par with India in industrialization & RMG is a 'precision industry'.Go figure.

See this idiot.

Unlike India - in Bangladesh most middle-class travelers to higher class passengers have historically (since Pakistan times) used air travel as a means of travelling even half-hour flights (which would mean most flights within Bangladesh). The number of major local airports in the country (not counting airbases) easily exceed a dozen. And there are countless heliports everywhere. Over half of the routes operated since the seventies were with first rate jet equipment (F-28's and such) not war-surplus bheekhari DC-3's or dilapidated Avros like in India.

What sort of moral superiority is he trying to claim here?

They are only making themselves Chu******s.

 

[gslv mk3]

See this idiot.



What sort of moral superiority is he trying to claim here?

They are only making themselves Chu******s.

Yes,thats the one I am referring to.

He even claimed that Bangladesh has more cars,and better ones at that.

According to their own government,they only have 2 cars per 1000 population.

 

[dray]

Our level of industrialization is 31.5% of the GDP. 30% of labor force works in the factory.

That's basically garment industry and a bit of meat processing. Bangladesh needs India's expertise even to set up a small rolling mill.

 

[TopCat]

That's basically garment industry and a bit of meat processing. Bangladesh needs India's expertise even to set up a small rolling mill.

ya right!!