China's Huawei makes $170 million "Make in India" investment

[IndoCarib]

REUTERS - Chinese telecom company Huawei Technologies Co Ltd has invested $170 million to open a research and development centre in India as it ties itself to Prime Minister Narendra Modi's "Make in India" campaign, the company said on Thursday.

The campus in Bengaluru, previously called Bangalore, is the first such investment made by a Chinese company in India and will be used to develop software components, Huawei said.

It is also the company's biggest R&D center outside China.

Modi has been making a push to lure foreign investors to the country and boost its manufacturing capacity.

"This center can accommodate nearly 5,000 software engineers, and we are confident that it will play a bigger role in the innovation journey of Huawei," said Wilson Wang, Chief Operating Officer of Huawei's India research and development

China's Huawei makes $170 million Make in India investment| Reuters

 

[Echo_419]

REUTERS - Chinese telecom company Huawei Technologies Co Ltd has invested $170 million to open a research and development centre in India as it ties itself to Prime Minister Narendra Modi's "Make in India" campaign, the company said on Thursday.

The campus in Bengaluru, previously called Bangalore, is the first such investment made by a Chinese company in India and will be used to develop software components, Huawei said.

It is also the company's biggest R&D center outside China.

Modi has been making a push to lure foreign investors to the country and boost its manufacturing capacity.

"This center can accommodate nearly 5,000 software engineers, and we are confident that it will play a bigger role in the innovation journey of Huawei," said Wilson Wang, Chief Operating Officer of Huawei's India research and development

China's Huawei makes $170 million Make in India investment| Reuters

We already have a lot of R&D centres,what we need is Investment in Manufacturing,But any investment from our Chinese Partners is welcome

 

[IndoCarib]

We already have a lot of R&D centres,what we need is Investment in Manufacturing,But any investment from our Chinese Partners is welcome

That is true. Yet another Chinese phone Co wants to 'make in India'

Xiaomi phones to be made in India: Report - The Times of India

 

[Shotgunner51]

REUTERS - Chinese telecom company Huawei Technologies Co Ltd has invested $170 million to open a research and development centre in India as it ties itself to Prime Minister Narendra Modi's "Make in India" campaign, the company said on Thursday.

The campus in Bengaluru, previously called Bangalore, is the first such investment made by a Chinese company in India and will be used to develop software components, Huawei said.

It is also the company's biggest R&D center outside China.

Modi has been making a push to lure foreign investors to the country and boost its manufacturing capacity.

"This center can accommodate nearly 5,000 software engineers, and we are confident that it will play a bigger role in the innovation journey of Huawei," said Wilson Wang, Chief Operating Officer of Huawei's India research and development

China's Huawei makes $170 million Make in India investment| Reuters

5,000 software engineers? Wow that's huge

 

[Echo_419]

5,000 software engineers? Wow that's huge

India is the next big market after India so naturally our Chinese Partners want to Invest & make big bucks here & we would appreciate if you invest in Manufacturing here too,so that you can make your products more cheaply & could earn more Profits

 

[Shotgunner51]

India is the next big market after India so naturally our Chinese Partners want to Invest & make big bucks here & we would appreciate if you invest in Manufacturing here too,so that you can make your products more cheaply & could earn more Profits

Very different from software programming, manufacturing not just require human resources but a lot more demanding on supply chain (very tough in high value added products), infrastructure, and utilities. Also, don't underestimate the required efficiency of government to cut red tapes and promote a manufacturing-friendly environment. India's industrial base is too weak especially in heavy industries so it will take time to build step-by-step, can't rush, there's no short cut.

 

[Echo_419]

Very different from software programming, manufacturing not just require human resources but a lot more demanding on supply chain (very tough in high value added products), infrastructure, and utilities. Also, don't underestimate the required efficiency of government to cut red tapes and promote a manufacturing-friendly environment. India's industrial base is too weak especially in heavy industries so it will take time to build step-by-step, can't rush, there's no short cut.

You are getting it wrong we have a advantage in Heavy Industries but we suck in Small & Medium Industries & that's where we would like you to invest.For example Indian Companies are already starting to assemble Electronic devices here & they will slowly increase the local content & in a few decades they will manufacture the whole thing here.You have to start from somewhere

 

[anilindia]

It is good for both countries. On one side they are withdrawing from Pakistan and investing in India.

 

[Turingsage]

It isn't anyone's or goverment's job to decide where companies invest money. The companies are the ones to best judge where they are likely to make a profit. India does not have a strong SME because India has CHOSEN archaic laws and rules form the 19th century that provide rental income to politicians and bureaucrats.

India does not have a SME ecosystem because India has been unable to reform itself. Reforms ALWAYS are a generation too late including the the current BJP ones. These "generation too late reforms" give Indians the false impression of moving forwards as the world changes around them.

India is always trying to catch up on a moving target while the cybermonkies will hail every step as "futuristic" "cutting edge" "fantastic progress" "massive leap" "amazing achievement" while we are barely moving in relation to this moving target.

Simple mechanistic tasks as assembly are classed as manufacture. Buying ip, technical manpower and the production lines from abroad is classed as "totally Indian made"

Instead of massive dose of PAINFUL reforms politicians and Indians are satisfied with this Indian version of hollow achievement

 

[Shotgunner51]

You are getting it wrong we have a advantage in Heavy Industries but we suck in Small & Medium Industries & that's where we would like you to invest.For example Indian Companies are already starting to assemble Electronic devices here & they will slowly increase the local content & in a few decades they will manufacture the whole thing here.You have to start from somewhere

Don't get me wrong I am not saying there is no industry but indeed the base is weak. And for heavy industry I mean capital-intensive industry, relative to labor-intensive industry, and that have high demand on sophisticated/long supply chain, high demand for capital goods (e.g. machinery) and many other elements. Yes starting from somewhere is good, but India really has a long way to go. Take shipbuilding as an example:

In 2013 China produced 48.5% of world's steel, which is a basic material for industrial base. You can see the huge difference here

.

Also, manufacturing might not seems easy in India, see examples like Foxconn Chennai, that's alarming signal.

Foxconn employees' unions planning hunger strike outside Sriperumbudur plant - The Times of India
Foxconn to suspend operations at Chennai plant - Economic Times

 

[OTTOMAN]

REUTERS - Chinese telecom company Huawei Technologies Co Ltd has invested $170 million to open a research and development centre in India as it ties itself to Prime Minister Narendra Modi's "Make in India" campaign, the company said on Thursday.

The campus in Bengaluru, previously called Bangalore, is the first such investment made by a Chinese company in India and will be used to develop software components, Huawei said.

It is also the company's biggest R&D center outside China.

Modi has been making a push to lure foreign investors to the country and boost its manufacturing capacity.

"This center can accommodate nearly 5,000 software engineers, and we are confident that it will play a bigger role in the innovation journey of Huawei," said Wilson Wang, Chief Operating Officer of Huawei's India research and development

China's Huawei makes $170 million Make in India investment| Reuters

there´s difference in investing and making.

 

[Echo_419]

Don't get me wrong I am not saying there is no industry but indeed the base is weak. And for heavy industry I mean capital-intensive industry, relative to labor-intensive industry, and that have high demand on sophisticated/long supply chain, high demand for capital goods (e.g. machinery) and many other elements. Yes starting from somewhere is good, but India really has a long way to go. Take shipbuilding as an example:

In 2013 China produced 48.5% of world's steel, which is a basic material for industrial base. You can see the huge difference here
View attachment 190490

.

Also, manufacturing might not seems easy in India, see examples like Foxconn Chennai, that's alarming signal.

Foxconn employees' unions planning hunger strike outside Sriperumbudur plant - The Times of India
Foxconn to suspend operations at Chennai plant - Economic Times

Well all i can say is things are improving steel Production is increasing at rapid rates,ship building is a mess though(But the govt is coming up with a policy to correct that) & that's why we are focusing on attracting Investments in every single sector from tiny to super Heavy Industries & we welcome any investment from any country (Including China & Pak)

Video of Make in India campaign