'India may have competitive edge over China'

[Sonyuke_Songpaisan]

We have a complete supply chain for all Made-in-China products. India has none of the complete supply chains. For example, the factory of Foxconn in Chennai India, they need to buy most of the commodities from China for assembly because they can not find local suplliers in India.

 

[conworldus]

All the competitive edge, all the advantage, and all the ever widening gap between China and India What's going on?

 

[Quick MIK]

Everybody wanted to get counted among the best so does india.We will compare ourselves with china ,US, Europe etc.China is now a world power so mentioning india along with china either for their influence.economy,S&T will always be a matter of pride for us.India is not unique in this regard all countries are like this.There is nothing wrong since india is doing well.

 

[ChinaToday]

All the competitive edge, all the advantage, and all the ever widening gap between China and India What's going on?

HaHaHa

first they said india has the competive edge becos india is a democracy
,then when that didnt work out they tell us india has an edge becos more people speak english in india than china, finally the latest trend for having an advantage over china is the idea china has an aging population.

 

[Subramanian]

We have a complete supply chain for all Made-in-China products. India has none of the complete supply chains. For example, the factory of Foxconn in Chennai India, they need to buy most of the commodities from China for assembly because they can not find local suplliers in India.

There are lot of labour issues there with FoxConn,i dont understand why FoxConn alone has issues whereas all the car companies function easily.

---------- Post added at 02:53 PM ---------- Previous post was at 02:52 PM ----------

HaHaHa

first they said india has the competive edge becos india is a democracy
,then when that didnt work out they tell us india has an edge becos more people speak english in india than china, finally the latest trend for having an advantage over china is the idea china has an aging population.

I dont know abt otehr things but speaking English is certainly an advantage in service indutries but not in manufacturing where China has an obvious advantage due to their political authoritarianism.

---------- Post added at 02:56 PM ---------- Previous post was at 02:53 PM ----------

China achieves such level of development simply due to the fact she dumps lots of cheap stuff into many countries??? Using that makes China to achieve growth rate more than 10% average per year for more than 30 years???

Wow, such a great summary!

I wonder why there is no other country that can replicate such simple method to do that. There are several other countries that have a lot of population like China and also with low labor costs. What is wrong with them???

About indigenous brands, you seem to know next to nothing about Chinese brands for everything related to our lives. Before looking down upon Chinese products, ask those japanese manufacturers whether Chinese Brands are that bad???

There used to be one time that Japanese brands were so highly valued and Chinese Brands just could not sell. Foreign brands are equal to good quality while Chinese brands equal to low price. Is it still true now??? Many famous Japanese Brands as well as western brands retreat from China market since they cannot compete well with Chinese counterparts.

Our brands are just like the way Korean Samsung rises. In the past, everybody knows SONY and who cares what Samsung is??? Nowadays, the role totally reverses.

yeah,if you manage to do that.Good for you.

 

[Subramanian]

Do you really want to argue over this? Since we have no way of knowing what will happen in future, how can you debate over this? Before Korea, there was Japan. Before Japan, there was Germany..

India doesn't export products. There are no India made products (not even Tea). Also Chinese export came on the back of massive social/physical infrastructure, low regulation, better labor laws...India has not even taken off. People think China did it and "west" is telling us nonstop so it will automatically happen. But it doesn't. India government is simply not committed to prosperity of Indian people. You can see it in their actions.

Indian government does enough but that is not good enough for our goals,thats all.

And somehow,there is a lot of turmoil still in India and it would be difficult to grow at levels of China or anyone.But still,things will improve.

 

[ephone]

It is ok to be proud of your achievement if that is the case. However, there is no need to look down upon on Made-in-China or trash China to achieve that.

Everybody wanted to get counted among the best so does india.We will compare ourselves with china ,US, Europe etc.China is now a world power so mentioning india along with china either for their influence.economy,S&T will always be a matter of pride for us.India is not unique in this regard all countries are like this.There is nothing wrong since india is doing well.

 

[rcrmj]

There are lot of labour issues there with FoxConn,i dont understand why FoxConn alone has issues whereas all the car companies function easily.

---------- Post added at 02:53 PM ---------- Previous post was at 02:52 PM ----------



I dont know abt otehr things but speaking English is certainly an advantage in service indutries but not in manufacturing where China has an obvious advantage due to their political authoritarianism.

---------- Post added at 02:56 PM ---------- Previous post was at 02:53 PM ----------



yeah,if you manage to do that.Good for you.

all i can say is that you are way too simple, naive and living in denial. you suit in ChinaToday's describtion of some clueless indian members' argument very well.. you assume Chinese dont speak english very well because of political authoritarianism??!! man``thats a good joke and classic headless reply...well, Japan and S.Korea speaks eve worse english than Chinese so they are more 'authoritarian's??

and also your assumption of india does quality premium is even more hilarious, atm even india is working hard but it is nowhere even near the terms of mastering quantiltive skills let alone the end supply chain of qualitative skills...the reality is according to WEF and World Bank annual statistics india's industry is still in the factor driven primative stage, which is 2 steps away from efficiency driven economy and 4 steps away from innovation driven economy.

but China is alreay establishing its place in top-end supply chain. in order to do that your industry needs to be able to suppy top-end capital goods (not consumer goods) which the quality cannot be compramised by prices, as capital goods are often treated by companies as their competative advantages in the market, therefore those deals are alway exclusive.

like consumer goods industry which one product can have very long product life, (example I-phone, Kindle and mercedes benz cars), but in capital goods industry the trend is almost one product for one client`this nature makes quality innovation and quick turn over of R&D into reality is the key to survive or to success.

few chinese brands like Huawei and ZTE are world premier data and information services and equipment end-to-end suppliers, their major clients include Vodafone, 3G, British Telecom, Telefonica and plus half dozens of indian top banks, software and data services companies. but the reality for india is, it has '0' presences in the capital goods industry. if you pull all india's high tech exports togather, it only came close to $4billion, but China is the undisputed world number ONE high tech exporter stood at $360bn which is 30% over the second US at $280bn.

 

[jdme]

We have a complete supply chain for all Made-in-China products. India has none of the complete supply chains. For example, the factory of Foxconn in Chennai India, they need to buy most of the commodities from China for assembly because they can not find local suplliers in India.

China buys lot of iron from India. How does this work, this complete supply chain?

 

[Subramanian]

all i can say is that you are way too simple, naive and living in denial. you suit in ChinaToday's describtion of some clueless indian members' argument very well.. you assume Chinese dont speak english very well because of political authoritarianism??!! man``thats a good joke and classic headless reply...well, Japan and S.Korea speaks eve worse english than Chinese so they are more 'authoritarian's??

and also your assumption of india does quality premium is even more hilarious, atm even india is working hard but it is nowhere even near the terms of mastering quantiltive skills let alone the end supply chain of qualitative skills...the reality is according to WEF and World Bank annual statistics india's industry is still in the factor driven primative stage, which is 2 steps away from efficiency driven economy and 4 steps away from innovation driven economy.

but China is alreay establishing its place in top-end supply chain. in order to do that your industry needs to be able to suppy top-end capital goods (not consumer goods) which the quality cannot be compramised by prices, as capital goods are often treated by companies as their competative advantages in the market, therefore those deals are alway exclusive.

like consumer goods industry which one product can have very long product life, (example I-phone, Kindle and mercedes benz cars), but in capital goods industry the trend is almost one product for one client`this nature makes quality innovation and quick turn over of R&D into reality is the key to survive or to success.

few chinese brands like Huawei and ZTE are world premier data and information services and equipment end-to-end suppliers, their major clients include Vodafone, 3G, British Telecom, Telefonica and plus half dozens of indian top banks, software and data services companies. but the reality for india is, it has '0' presences in the capital goods industry. if you pull all india's high tech exports togather, it only came close to $4billion, but China is the undisputed world number ONE high tech exporter stood at $360bn which is 30% over the second US at $280bn.

I know the difference between Capital goods and Consumer Goods and congratulations that you are doing well.\

But the political authoritariaism in China definitely let you promote economic,social policy policy in a much more flexible manner as you want to.It gives you price advantage,exchange rate advantage and all sorts of flexibility to promote the right policy.

India doesn't have that yet and until then ll always suffer from issues and building a consensus on anything is not easy as many groups are often insecure about the effects of policy and we can run at your spped but this is our world and this is how we work,good or bad.

Infrastructure is another issue altogether and your policy of export growth started in 1977,we are a good 14 years behind and it is not easy to catch up in this scenario.But this is the path and we are on it.We look upto you as a benchmark even though the implementation is not the same.

And i dont think or know how Chinese speak english,but english is much more widely spoken and understood in India and Indians look at English with an aspirational value.

Indians are perfect;y capable of supplying good capital goods and we already have a good base in developing and promoting indigenous automobile technology and similar work can be done in other industries also.

Good luck,nonetheless.

 

[rcrmj]

I know the difference between Capital goods and Consumer Goods and congratulations that you are doing well.\

But the political authoritariaism in China definitely let you promote economic,social policy policy in a much more flexible manner as you want to.It gives you price advantage,exchange rate advantage and all sorts of flexibility to promote the right policy.

pure nonsense, authoritarian economy can only bring constrains to the economy development, look at Soviet Union, and all state planned economies, they all failed miserably..your next to nothing knowledge of chinese political system and basic economics lead you to this ludicrous assumption..the only thing China gained advantage is the exchange rate``yet again India has much lower exchange rate, yet its not even on top 10 exporters, so this fits the description of WEF annual reports that categorized it as factor driven economy, so your cheap labour wont gain any advantage for your economy.

India doesn't have that yet and until then ll always suffer from issues and building a consensus on anything is not easy as many groups are often insecure about the effects of policy and we can run at your spped but this is our world and this is how we work,good or bad.

Infrastructure is another issue altogether and your policy of export growth started in 1977,we are a good 14 years behind and it is not easy to catch up in this scenario.But this is the path and we are on it.We look upto you as a benchmark even though the implementation is not the same.

another simpleton assumption.. yes China did start reform in 1979, however it only kicked off in early 90s when those massive infrastructures started to show up, and another fact that in 1990 China were at very same level of India in terms of GDP, electricity consumption, personal income, social development, manufacuring sector, shipping science and tech and etc...so your 14 years excuse is pathetic.

And i dont think or know how Chinese speak english,but english is much more widely spoken and understood in India and Indians look at English with an aspirational value.
Indians are perfect;y capable of supplying good capital goods and we already have a good base in developing and promoting indigenous automobile technology and similar work can be done in other industries also.

Good luck,nonetheless.

please enlighten us with the india's indigenous automobile technology? do you know automobiles mostly are consumer goods..only those huge mining trucks and cargo trucks are considered as capital goods, and the reality is india is nowhere near to even assembly them let alone producing bits and parts`

 

[Jade]

^^^ Until now nobody has proved that economies cannot grow under authoritarian regimes. There are also economies that are democratic have failed. However, what is true is that command economies have lot of inefficiencies attached to them.

You may be a Chinese, but you cannot claim to know more about your country than others. This is the world of internet, MNC's, knowledge and media. People can get easy information.

As far as Chinese economy is concerned, nobody here is disputing that it grew phenomenally, however, what I think is that India being less developed and having younger demographics than China, would grow faster in future. moreover, in certain aspects India is already ahead of China.

 

[Chinese-Dragon]

Out of the largest economies in the world, all of them are democracies... EXCEPT China.

So if anything, our political system puts us at a disadvantage. Yet we are still moving upwards, faster than any other major economy.

 

[AkhandIndia]

Out of the largest economies in the world, all of them are democracies... EXCEPT China.

So if anything, our political system puts us at a disadvantage. Yet we are still moving upwards, faster than any other major economy.

lets see for how much time your govt shows you carrot of economy??After all,result is democracy

 

[Jade]

Out of the largest economies in the world, all of them are democracies... EXCEPT China.

So if anything, our political system puts us at a disadvantage. Yet we are still moving upwards, faster than any other major economy.

Because democracies have longer self lives than other kind of political dispensations. No wonder, except China major economies are democracies