Foxconn to Build $10 Billion Apple Manufacturing Plant in Maharashtra, India

[Dr Gupta]

Gaming and mobile app business has a bright future in India also

 

[C130]

Foxconn (Honhai) is in China for over a quarter century now. It is now moving assembly plants to cheap-labor destinations. This is good news because, Foxconn's presence is not becoming less in China, but, as you said, it is moving more knowledge-intensive operations in China.

I also invests in China in industries as varied as electric cars and advanced TFT-LCD panels.

This is good, I think, for both investment-hungry cheap-labor destinations and manufacturing scale-up destinations.

Foxconn operates a server-assembly plant in the US.

China out-sourcing jobs is a good thing

 

[dray]

Chinese company headquartered in Taiwan.

That means it's a Taiwanese company, not Chinese.

 

[BABA AGHORI]

That means it's a Taiwanese company, not Chinese.

You mean to say for rest of the world.. ... isn't it...

 

[CHN Bamboo]

That means it's a Taiwanese company, not Chinese.

By descent,Chinese.
Moreover,Taiwan is not internationally recognized as a country.
Though the separatists can revise wiki.

we americans can say same for china

also unlike Desi/Inyntity, han is a fabricated Identity

A verbal statement without any proof is useless and ridiculous.

 

[RISING SUN]

Nope..
Do you know "Made in China 2025"?A ten-year plan.
And last year Government focused on "Internet+" and innovation.
So that sentence "China is establishing itself in service sector" may be right in some ways but not a priority.

You can see service sector data and innovation data here↓↓(My name in Quora:五元)
https://www.quora.com/Is-China-better-than-India
https://www.quora.com/How-is-Chinas-economy-like-in-Q1-2016

Fragments:

• In terms of innovation,

Now,let me just refer to these things:

3D printing,Robot industry&innovation(patents account for 25%+ of the world),Crystal Chemistry,UAV,Solar Power industry----These all are China's dominant industries.I just said casually.

The following graph can prove China's advantage in innovation.

**

Non-manufacturing business activity(PMI)

You do not understand China's national conditions.
Have you ever heard of Third Plenary Session?

The details you have mentioned falls under manufacturing industry lime robotics or others. Services are way different things which you are not going to understand so easily. So chill.

 

[CHN Bamboo]

The details you have mentioned falls under manufacturing industry lime robotics or others. Services are way different things which you are not going to understand so easily. So chill.

2016 Q1 the service sector/the tertiary industry GDP accounts for 56.9% of total GDP.
http://www.stats.gov.cn/tjgz/tjdt/201604/t20160415_1344240.html

Authorized domestic invention patents see a increase of 55.3% in Jan~Feb.
Online retail sales increased by 27.8% in the first quarter.
New energy vehicles in the first quarter continued to maintain a growth rate of more than 80%.
Third industrial added value increased by 7.6%.

You can see what's more important :|

**Oh well,add:
High tech industry investment and services investment growth rate is maintained at a rate of 3 percentage points higher than the total investment growth.

Government priorities are high tech industries.
The growth in service sector is due to increased wages,doesn't need too much attention from government.

When water flows ,a channel is formed.
Just raise people's income,improve industrial chains,service sector is not a problem.

 

[RISING SUN]

The difference is, your government is not known for efficiency or delivering policy targets.

China's private sector is more competitive and innovative than that of India and is already producing much larger value than Indian private enterprises.

By just simply looking at global IT and tech brands of China and India, you will see the huge gap.

Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

That is a huge investment it will create thousands of jobs but still we need a national tax regime to attract higher FDI.




True things are bueracratic and cumbersome but this new govt has already put India higher in ease of country in which to do business, still much more needs to be done but the Modi govt is pro-business.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what is service sector.

The difference is, your government is not known for efficiency or delivering policy targets.

China's private sector is more competitive and innovative than that of India and is already producing much larger value than Indian private enterprises.

By just simply looking at global IT and tech brands of China and India, you will see the huge gap.

Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

That is a huge investment it will create thousands of jobs but still we need a national tax regime to attract higher FDI.




True things are bueracratic and cumbersome but this new govt has already put India higher in ease of country in which to do business, still much more needs to be done but the Modi govt is pro-business.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what is service sector.

The difference is, your government is not known for efficiency or delivering policy targets.

China's private sector is more competitive and innovative than that of India and is already producing much larger value than Indian private enterprises.

By just simply looking at global IT and tech brands of China and India, you will see the huge gap.

Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

That is a huge investment it will create thousands of jobs but still we need a national tax regime to attract higher FDI.




True things are bueracratic and cumbersome but this new govt has already put India higher in ease of country in which to do business, still much more needs to be done but the Modi govt is pro-business.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what àis service sector.

 

[CHN Bamboo]

Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what is service sector.


Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what is service sector.


Again as I said your companies depend on Central govt for support. In services industry it's not Mandatory per say. And yes anyday you can compare Chinese or Indian services companies if you wish. Result would be always same.

Foxconn project is just one of tip of the iceberg happening across the country, that's from my personal experience due to relevant sector.

For serviced industry one doesn't need a good government as it's private sector led. Just see how groups of Indian companies have taken to hights and more than that a countries entrepreneurship leaders take it to the level. Have you any idea how many startups are opening in Indian service sector only per day. That is whopping more than 3 companies per day and that too is five years old data taken from services industry. China is youngling in this sector. Let them first learn walking. These posters only know copy paste activities l. Fact if the natter is they rumble without thinking what is knowledge based economy and what àis service sector.

The network in India is so bad..

 

[JaiMin]

2016 Q1 the service sector/the tertiary industry GDP accounts for 56.9% of total GDP.
http://www.stats.gov.cn/tjgz/tjdt/201604/t20160415_1344240.html

Authorized domestic invention patents see a increase of 55.3% in Jan~Feb.
Online retail sales increased by 27.8% in the first quarter.
New energy vehicles in the first quarter continued to maintain a growth rate of more than 80%.
Third industrial added value increased by 7.6%.

You can see what's more important :|

**Oh well,add:
High tech industry investment and services investment growth rate is maintained at a rate of 3 percentage points higher than the total investment growth.

Government priorities are high tech industries.
The growth in service sector is due to increased wages,doesn't need too much attention from government.

When water flows ,a channel is formed.
Just raise people's income,improve industrial chains,service sector is not a problem.

Is that many firms in service sector in China are SOE? I confuse with that figure, according to world bank consumption in China is like 36.5%. How can they come up with that number?
Household expenditure
http://data.worldbank.org/indicator/NE.CON.PETC.ZS
Final expenditure
http://data.worldbank.org/indicator/NE.CON.TETC.ZS

I still think manufacturing still bigger than service in China

 

[BoQ77]

Foxconn just does the normal business, seek for profit.
They must keep their competitiveness level high enough to get Apple orders. Not only India, Foxconn put their plants everywhere on Earth, including Vietnam.

 

[Viper0011.]

India is establishing itself in manufacturing sector, China is establishing itself in service sector.

India wants the manufacturing business like anyone else would in a competing market. But on China, they are not setting themselves up for the Service industry. They are more focused on becomes a Productized-Market. Once you have products and the world uses them, creating a supporting service based sector comes naturally.

India's service sector wasn't just build by God or India. It was the US products companies like the Googles, SAP< Microsofts, IBM's, Accenture, Capgemini's of the world that linked Indian service (or labor) to the products of the above mentioned vendor. Resulting in creating that services based industry that has taken India to new highs on the world map. The Chinese want to be like the US (not like India) and want to control the product market. You control your customer if they use your products. The world is becoming a narrow circle where companies would compete against their product and services. If I was to guesstimate, IPhone 11 might be selling for $ 150-200, why? Because you have PLENTY of companies (including new Chinese entrants with Apple like capability) in the market. Apple dominated today's technology......tomorrow's, might come from Samsung, Sony, Huwaei, Mitsubishi or LG!! This market, features and tech is saturating VERY quickly.

 

[TaiShang]

Ok, let's stick to the topic of Taiwanese company Foxconn and it's investments in India now. I think Foxconn already has manufacturing unit(s) in India, this one is a new one. We need to further improve our foreign and diplomatic relations with the Taiwanese government to get more investments in the electronics manufacturing industry.

You can do your best to attract investment. There will be money coming from all parts of China, including the Mainland, Hong Kong and Taiwan.

After all, there is a list published every year as to which country receives the highest FDI.

But you cannot have diplomatic relations with either TW or HK because you do not recognize them politically.

Aside from that, we can also do business with various Indian governments.

Foxconn is known to have made such announcements every now and then with regard to India, pouring hypothetical billions into it over the years.

In reality, very few of those intentions will be materialized.
.

 

[mike2000 is back]

Not sure who you "us" are. Definitely not the Indian government.

You accept HK and Macao passports, as well.

And on the front cover of the Taiwan Province passport says the Republic of China.

Nonetheless you do not (and cannot) accept them as a country.

As for we "us," we do not even consider India a single entity, although, diplomatically not so.

Agree to some extent, but Foxconn is a Taiwanese company not from PRC. They U. S sells weapons to Taiwan against China, does China allow it?

 

[dray]

You can do your best to attract investment. There will be money coming from all parts of China, including the Mainland, Hong Kong and Taiwan.

After all, there is a list published every year as to which country receives the highest FDI.

But you cannot have diplomatic relations with either TW or HK because you do not recognize them politically.

Aside from that, we can also do business with various Indian governments.

Foxconn is known to have made such announcements every now and then with regard to India, pouring hypothetical billions into it over the years.

In reality, very few of those intentions will be materialized.
.

We have some concern with investments from China, but our doors are wide open for other Asian countries like Japan, Taiwan and S.Korea. Our bilateral relations with Taiwan has improved a lot since 1990s, together we have set up The India-Taipei Association in Taipei and The Taipei Economic and Cultural Centre in New Delhi. As a part of its "Look East" foreign policy, India has sought to cultivate extensive ties with Taiwan in trade and investment as well as developing co-operation in science & technology, environment issues and people-to-people exchanges. Both the nations have aimed to develop deeper ties for mutual cooperation and development. And looks like Taiwanese investments are going to increase manifold in India.

http://in.reuters.com/article/innolux-india-idINKBN0OO0N220150608

http://www.thehindu.com/business/Ec...es-plan-to-invest-in-india/article7536194.ece

https://www.geopoliticalmonitor.com/a-new-approach-needed-for-taiwan-india-ties/