India’s future: World biggest market won’t let you in. World second market won’t let competitors in

[Bengal71]

Am I missing something ? Did Japan and Western Europe go to the toilet because USA won the cold war ?

You missed the whole discussion. If you have no capacity to understand the point in the discussion, no need to reply.

 

[nahtanbob]

You make it sound like a charity, which is not. Neither does India have monopoly on call center jobs nor do US consumers have a particular fondness toward the Indian accent.

it's like Trumpstan still imports lots from China. pure business.

We offered another Partition.

I never said it was charity.

You have two countries - one country purchases $100 billion in value added services and another country purchases $15 billion in raw materials. Which one would be preferred ?

That is my original quote
Please cut the crap dude. USA allows $100 billion in outsourcing business to India employing 4 million Indians. What has China done for India ?

 

[The Accountant]

Am I missing something ? Did Japan and Western Europe go to the toilet because USA won the cold war ?

lolz, western Europe was with US. It was eastern europe that was soviet union and yes they went to toilet. Have u visited eastern europe?

Japan was with USA in cold war.

Seriously man, your history s**Ks

 

[Bengal71]

A lot of people seem to have misunderstood, there is only one juggernaut, the other is not even close to the one who actually challenged the current one, remember, soviets had at one point greater gdp and science than usa, we all know what happened.

This is not even a competition, remember.

Free society always wins, sooner or later.

If you are sure the other party is a minnow, it's not even a competition, the free society always wins , if you are absolutely sure the Chinese will lose; then it's great. You have then figured everything out. As for me I can't be 100% sure what's in the future.

That was also not the point of what I was talking about the in the discussion.

 

[Leishangthem]

[/QUOTE]

I never said it was charity.

You have two countries - one country purchases $100 billion in value added services and another country purchases $15 billion in raw materials. Which one would be preferred ?

That is my original quote
Please cut the crap dude. USA allows $100 billion in outsourcing business to India employing 4 million Indians. What has China done for India ?

China is more important than your faulty estimation of 100b $ worth value added service, purchase by the US.
China is pure economic stimuli to a sedated economy in a country like India. Chinese investment invigorates the whole Indian economy,chinese investment created not just millions of jobs but also expertise,technological know-how, experience and confidence and a robust economic sphere with heightened economic activity compared to the much slow paced stale market before the arrival of Chinese. Chinese investment and chinese products also increased the saving of Indians other than increasing living standard.
India basically tries to copy everything china and takes babysteps imitating china on every aspect for its development.

China is not just important for the 15B$ raw goods export,but the Indian manufacturing industries depends on chinese imports for their production and profit margin .
Indian infrastructure development is also basically funded by Chinese led AIIB.

While US treats iNDIA like a guinea pig for their drug manufacturing and cheap labour source for their call centre jobs.

 

[Rajputana_]

If you are sure the other party is a minnow, it's not even a competition, the free society always wins , if you are absolutely sure the Chinese will lose; then it's great. You have then figured everything out. As for me I can't be 100% sure what's in the future.

That was also not the point of what I was talking about the in the discussion.

Its not a minnow, not my words, just not close to juggernaut, it is getting pretty obvious at this point btw.

Yes, i cherry picked part of your statement, but the point still stands, not even close.

 

[Bengal71]

Its not a minnow, not my words, just not close to juggernaut, it is getting pretty obvious at this point btw.

Yes, i cherry picked part of your statement, but the point still stands, not even close.

Only point that stands is the fact that nobody has access to a crystal ball, thus nobody knows what's in the future. Whether it's a juggernaut or not is debatable and it's useless to have the debate. What's useful is to take those uncertainties into consideration when forming a foreign policy. In that light I think sitting on the fence and being indifferent would have been a wiser move by India. But now that ship has sailed and we can only wait and see what happens.

 

[crankthatskunk]

Please cut the crap dude. USA allows $100 billion in outsourcing business to India employing 4 million Indians
What has China done for India ?

As Jerry Maguire said show me the money

I can give you most of that outsourcing in three categories. Before you use to bring the "West African Slaves" to do the dirty work for free. Now you are employing "South Asian Slaves" for peanuts.

1- Call centres by the companies. Answer phone, billing enquiries, payment enquiries, service issues enquiries. Take a note , update the online database, the rest is done in the USA or Europe.

2- Technology companies, all lower level jobs transferred to India. Once again mostly call centres and tech centres, some Data Centres too. Once again overwhelming reason is economic, cheaper labour, cutting costs, greater profitability.

3- Pharma companies, which cannot do some testing in USA and Europe because of restrictions, have established their labs in India , because it allows all kind of unethical research and testing, which are banned in the USA and Europe.
Another expansion is production of generic medicines. Once again the reason is simple, cheap labour and profits.
Once the medications goes out of the licence period, they can be produce very cheaply because the chemicals used in the products are really really cheap. The Western Pharma companies charge for their research and development costs to the customers. These medications after the expiry of the patent period becomes generic and can be produced at friction of the cost.
Indian is a hub for the production of generic drugs due to cheap labour.

 

[Goenitz]

@Bengal71 how on earth you got 14 -ve ratings, when you have such rational views, is beyond my comprehension... was all from 1971 thread?
@Chhatrapati @kankan326 @Rajputana_
point is India is still developing country... it is biggest market for some products (like dairy, clothing), and not for most (gadgets, cars, industrial equipment)...so for purchasing expensive items, it is not the biggest market (low purchasing power)... See what India can export to Dubai (rice, spices, etc),, but world can export to UAE TVs, Fighters, cars etc
hence, it cannot be a leader in that product (as no local consumption).. like iphones.. or Audi cars,, etc etc. Unless, India, gives such an incentive, that products are produced in india but for foreign customers...
So India, cannot compete China even in long run.

 

[Bengal71]

@Bengal71 how on earth you got 14 -ve ratings, when you have such rational views, is beyond my comprehension... was all from 1971 thread?
@Chhatrapati @kankan326 @Rajputana_
point is India is still developing country... it is biggest market for some products (like dairy, clothing), and not for most (gadgets, cars, industrial equipment)...so for purchasing expensive items, it is not the biggest market (low purchasing power)... See what India can export to Dubai (rice, spices, etc),, but world can export to UAE TVs, Fighters, cars etc
hence, it cannot be a leader in that product (as no local consumption).. like iphones.. or Audi cars,, etc etc. Unless, India, gives such an incentive, that products are produced in india but for foreign customers...
So India, cannot compete China even in long run.

Yes irked Pakistanis when talking about '71.

 

[Goenitz]

Yes irked Pakistanis when talking about '71.

its ok to stand for something, but depends where and how you present your pov...

 

[Bengal71]

its ok to stand for something, but depends where and how you present your pov...

okay

 

[Chhatrapati]

point is India is still developing country... it is biggest market for some products (like dairy, clothing), and not for most (gadgets, cars, industrial equipment)...so for purchasing expensive items, it is not the biggest market (low purchasing power)... See what India can export to Dubai (rice, spices, etc),, but world can export to UAE TVs, Fighters, cars etc
hence, it cannot be a leader in that product (as no local consumption).. like iphones.. or Audi cars,, etc etc. Unless, India, gives such an incentive, that products are produced in india but for foreign customers...
So India, cannot compete China even in long run.

India is the Fifth largest automotive industry in the world that shows double-digit growth every year. Do you have any idea what India exports? It's not spices and rice I tell you that.

 

[Goenitz]

Fifth largest automotive industry in the world that shows double-digit growth every year.

but mainly basic/urban cars and two wheeler.. its not about growth, it is about whether that 'growth'is exported..

It's not spices and rice I tell you that

ok, include pharma (but raw material is sill dependent on China), or some military gear, etc..

 

[Chhatrapati]

but mainly basic/urban cars and two wheeler.. its not about growth, it is about whether that 'growth'is exported..

haha you first wanted to know India is a worthy automotive market, now you want to know if we export? Yes we do export to a lot of countries. Haven't you seen Royal Enfields showrooms in the UK? And we have a tiny 1% share in the car export market.

ok, include pharma (but raw material is sill dependent on China), or some military gear, etc..

Not really, the largest exports if I am not wrong is Petroleum products and some other chemicals. Those raw materials come from the Middle east. Automotives and other machinery still take up a large export market.