Hindustani78
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Indians are smart. India might never offer opportunities for its smart people
According to who ?
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Indians are smart. India might never offer opportunities for its smart people
the evidence is in all the Indians who leave the country to make their livingAccording to who ?
Kid, the world doesn't revolve around 'could've, would've, should've'.......only Indians do. About to do this about to do that. Tell me, in the past 20 years of Asian growth, have you ever come across Chinese boasting that we are building this and that? nOpe......because they prove it. Neither did Japan, Taiwan, Korea, Singapore or Hong Kong. They got what needed to be done. Only from India we hear.......we will do this and do that.......they've been doing that for the past 67 years.
Nothing that would make India the next 'factory of the world'......go look at the passengers flying in and out of China vs India. Go look at the figures of Heavy Industries production of China vs India. Go look at the figures of containers being shipped from/to China vs India.
Some of the largest banks in the world are Chinese state owned...so are the utilities...so are the airports....cities....sea ports....etc etc
The reason i do this India vs China is because both have similar ambitions and both have similar human resources.
the evidence is in all the Indians who leave the country to make their living
India is way better in many things because India is having lot of work, raw material, man power etc.
Why you think foreigners are coming to India ?
work
why do you think Indians are working in Gulf, Singapore, America, Canada etc ?
work
There are still way lot more people leaving India than going to India. People go to India for short term business reasons. People leave India for long term to leave India.
Make in India - soon Weed energy
There are still way lot more people leaving India than going to India. People go to India for short term business reasons. People leave India for long term to leave India.
Just a few months ago, the news of Coca Cola's plan to open a bottling plant in India was trumpeted as a success story of Modi's "Make in India" campaign... But now, it has gone up in smoke.
http://www.ft.com/cms/s/0/9e7d36da-e8e5-11e4-87fe-00144feab7de.html#axzz3Y96Fv5kV
Coca-Cola forced to abandon India bottling plant plans
©Getty
Coca-Cola has been forced to abandon plans to build a new bottling plant in India’s southern state of Tamil Nadu after fierce resistance from local farmers, who feared that the US-based beverages company would use local groundwater for its fizzy drinks and cause a precipitous fall in the water table.
The cancellation of the proposed $81m bottling plant at Perendurai is the second big recent setback for Coca-Cola as it seeks to expand capacity in the world’s second-most populous country, where water scarcity, and a plummeting water table, is a growing concern in rural areas.
Last year, Coca-Cola was forced to mothball a new $24m bottling line at an existing bottling plant in Medhiganj, in the northern state of Uttar Pradesh, after it failed to gain permission from the Central Ground Water Authority to operate it, amid protests from local farmers.
Coke is also locked in a legal battle against Uttar Pradesh authorities over whether it can still operate its older bottling line at Medhiganj.
Coca-Cola’s recent run-ins with local farmers anxious about the company’s impact on the water table are a hint of the difficulties that the company is likely to face as it pursues an ambitious expansion plan, which it hopes will make India — with its huge, increasingly affluent population and scorching heat — into one of its largest markets.
“India is one of the most water stressed countries in the world, and it’s not going to be easy for Coke to grow here,” said anti-globalisation activist Amit Srivastava, co-ordinator of the India Resource Centre.
“The water needs of the farmers need to be met first before some company traipses in and starts sucking up the groundwater and makes huge amounts of money.”
Coca-Cola has announced plans to invest $5bn in India between 2012 and 2020, and has said that the country could be one of its five biggest markets in the next few years. But India’s worsening water shortages — and the highly emotive politics over access to water — will be a challenge for the company as it seeks new locations to boost its production capacity.
Once India’s top soft-drink brand, Coca-Cola was forced out of the country in 1977 after it refused to reveal its secret formula, and reduce its equity stake, as part of a wave of nationalistic action against foreign companies at the time.
But Coke has had a difficult time since its 1993 return to India. In 2004, it was forced to stop operating a bottling plant in Kerala, after it was accused of depleting the local groundwater table, and dumping toxic effluent.
Hindustan Coca-Cola Beverages, the company-owned bottling arm, signed a lease for 71 acres of land at a state-owned industrial estate at Perendurai in January 2014.
“The water needs of the farmers need to be met first before some company traipses in and starts sucking up the groundwater and makes huge amounts of money”
- Amit Srivastava, co-ordinator of the India Resource Centre
But farmers soon began protesting against the plan. The State Industries Promotion Corporation of Tamil Nadu, which runs the industrial estate, never provided the subsequent permissions Coke needed to start construction, and finally cancelled the company’s lease this week.
In a statement, Coke blamed the state agency for “inordinate delays” and said that it was requesting that the state government refund its money. But it said it still hoped to find other sites in Tamil Nadu where it could invest.
Just a few months ago, the news of Coca Cola's plan to open a bottling plant in India was trumpeted as a success story of Modi's "Make in India" campaign... But now, it has gone up in smoke.
http://www.ft.com/cms/s/0/9e7d36da-e8e5-11e4-87fe-00144feab7de.html#axzz3Y96Fv5kV
Coca-Cola forced to abandon India bottling plant plans
©Getty
Coca-Cola has been forced to abandon plans to build a new bottling plant in India’s southern state of Tamil Nadu after fierce resistance from local farmers, who feared that the US-based beverages company would use local groundwater for its fizzy drinks and cause a precipitous fall in the water table.
The cancellation of the proposed $81m bottling plant at Perendurai is the second big recent setback for Coca-Cola as it seeks to expand capacity in the world’s second-most populous country, where water scarcity, and a plummeting water table, is a growing concern in rural areas.
Last year, Coca-Cola was forced to mothball a new $24m bottling line at an existing bottling plant in Medhiganj, in the northern state of Uttar Pradesh, after it failed to gain permission from the Central Ground Water Authority to operate it, amid protests from local farmers.
Coke is also locked in a legal battle against Uttar Pradesh authorities over whether it can still operate its older bottling line at Medhiganj.
Coca-Cola’s recent run-ins with local farmers anxious about the company’s impact on the water table are a hint of the difficulties that the company is likely to face as it pursues an ambitious expansion plan, which it hopes will make India — with its huge, increasingly affluent population and scorching heat — into one of its largest markets.
“India is one of the most water stressed countries in the world, and it’s not going to be easy for Coke to grow here,” said anti-globalisation activist Amit Srivastava, co-ordinator of the India Resource Centre.
“The water needs of the farmers need to be met first before some company traipses in and starts sucking up the groundwater and makes huge amounts of money.”
Coca-Cola has announced plans to invest $5bn in India between 2012 and 2020, and has said that the country could be one of its five biggest markets in the next few years. But India’s worsening water shortages — and the highly emotive politics over access to water — will be a challenge for the company as it seeks new locations to boost its production capacity.
Once India’s top soft-drink brand, Coca-Cola was forced out of the country in 1977 after it refused to reveal its secret formula, and reduce its equity stake, as part of a wave of nationalistic action against foreign companies at the time.
But Coke has had a difficult time since its 1993 return to India. In 2004, it was forced to stop operating a bottling plant in Kerala, after it was accused of depleting the local groundwater table, and dumping toxic effluent.
Hindustan Coca-Cola Beverages, the company-owned bottling arm, signed a lease for 71 acres of land at a state-owned industrial estate at Perendurai in January 2014.
“The water needs of the farmers need to be met first before some company traipses in and starts sucking up the groundwater and makes huge amounts of money”
- Amit Srivastava, co-ordinator of the India Resource Centre
But farmers soon began protesting against the plan. The State Industries Promotion Corporation of Tamil Nadu, which runs the industrial estate, never provided the subsequent permissions Coke needed to start construction, and finally cancelled the company’s lease this week.
In a statement, Coke blamed the state agency for “inordinate delays” and said that it was requesting that the state government refund its money. But it said it still hoped to find other sites in Tamil Nadu where it could invest.