To Bolster Manufacturing, India Tries the China Way

[kawaraj]

that guy must be not be even knowing that samsung is korean company..

yep, samsung, what an ugly name, never heard of it. that nation used to be our slave for many years.

 

[NiceGuy]

that guy must be not be even knowing that samsung is korean company..

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yeah, some thing wrong with that guy

yep, samsung, what an ugly name, never heard of it. that nation used to be our slave for many years.

Oh, so you're Japanese now ??

 

[Chinese Century]

well atleast india has finally figured out that service sector economies without a manufacturing base to make products for the growing middle class is a total disaster.

manufacturing sector is wealth producing.
service sector is wealth consuming.

india's service sector economy was a total joke, u cannot be a service sector economy when ur a developing country.
u first manufacture and export, then u move up the value added chain and start to make high tech goods for export, then as ur people get jobs and get more disposable income, then u develop the infrastructure, then u move the economy towards a service sector economy that COMPLEMTNS the manufacturing sector, as the service sector economy grows, the country becomes a consumer driven economy.

india tried to put the cart before the horse by having a service sector economy before a manufacturing sector. that meant massive deficits as u have to run trade deficits to consume the products made elsewhere and budget deficits where the government has to spend money to drive a ponzi scheme economy driven by debt based consumption.

finally these little indians have figured out that chinese model is the correct way.
now its a whole different thing whether india can actually implement it and not just talk about it.
india is known for big talk and firing blanks, i.e disastrous commonwealth games.

china currently at the building the infrastructure stage, to move itself into a consumer driven economy where the service sector is built up. that dont mean china will stop being a manufacturing nation, it means china will move into high tech, high value added goods production.

 

[NiceGuy]

china currently at the building the infrastructure stage, to move itself into a consumer driven economy where the service sector is built up. that dont mean china will stop being a manufacturing nation, it means china will move into high tech, high value added goods production.

1. China will lose millions jobs bcz India have lower labour cost

2. People prefer to buy Korea-Japan-US high tech products than China's ones , CHina will go bankrupted when moving into into high tech, high value added goods production such as car, TV, smart phone etc

Doom day ahead for poor Chinese

 

[Chinese-Dragon]

1. China will lose millions jobs bcz India have lower labour cost

South Asia and South East Asia have 1/4 of China's average income.

If labour cost was the only thing that mattered, then sub-Saharan Africa would be the #1 manufacturer in the world.

The largest manufacturer in the world was first the British Empire, who then lost their crown to America for 100 years, and now it's back to China.

Doom day ahead for poor Chinese

People have been predicting the collapse of China every year for decades now. Just one more prediction to add to the pile.

 

[NiceGuy]

South Asia and South East Asia have 1/4 of China's average income.

If labour cost was the only thing that mattered, then sub-Saharan Africa would be the #1 manufacturer in the world.

The largest manufacturer in the world was first the British Empire, who then lost their crown to America for 100 years, and now it's back to China.

1.VN will become a manufacturer nation with Japan help soon, so your average income in ASEAN will reduce in near future (one more bad news for you )

2.sub-Saharan Africa infrastructure is bad , but India can financially afford to upgrade their infrastructure to compete with you , then million jobs in CHina will lose soon

People have been predicting the collapse of China every year for decades now. Just one more prediction to add to the pile

but during that time, no countries can take away No 1 manufacturer nation from CHina , now is diffrent , you're losing your jobs, and you can not sell your 'high tech' product too, bcz No one wanna buy

 

[no_name]

I won't buy China smart phone if I can buy I-phone in same price .

Yeah, i'd better off here ^^

There is just no way to know where that I-phone is manufactured nowadays.

So if you must buy, buy the most expensive one

 

[Chinese-Dragon]

but during that time, no countries can take away No 1 manufacturer nation from CHina , now is diffrent , you're losing your jobs, and you can not sell your 'high tech' product too, bcz No one wanna buy

I guess that is why we are the fastest growing major economy on the planet, because no one is buying our things.

 

[NiceGuy]

I guess that is why we are the fastest growing major economy on the planet, because no one is buying our things.

OKi, let's see if China have any global brand in the future or not , if you can not have, then doom day comming so close now

 

[Mech]

Tell me anything similar to Chinese J-20, which made in India?

You're missing the point. The current push for technology and manufacturing in India is not restricted to defence alone. At the moment it is a well known fact that India as a nation has no parity with china. This is exactly what our policymakers and industrialists are attempting to address. On top of that....this will create a lot of jobs in India. I look forward to this development very eagerly.

---------- Post added at 12:48 PM ---------- Previous post was at 12:46 PM ----------

there is no gap at all, when people reading mr mech's posts, most of them will have an idea that India is some sort of Germany the second, you always finds his post full of the words "leading" "advance" "technology" "R&D" and "India", hardly remind people India current gdp per capita worse than Republic of the Congo, produce lowest payload launch vehicle on the earth, quality control look like this

I don't think you even tried understanding my post. I recommend that you spend at least 10 seconds " ruminating " before making a comment.

Regards,

 

[Guest]

If India tries to follow China's path, it is doomed to failure. The world is not what it was when China wanted to boost the manufactory industry. To be successful, India need to find (or fight) their own way in today hostile enviornment. But this will not be easy.

US and other western countries are trying hard to take back these jobs.
first they increased your production cost, see
http://www.defence.pk/forums/world-affairs/137702-truth-911-a.html

second, they reduced theirs by using automatic production lines (robots and machines become cheaper and cheaper)

third, one of the backbone of manufactory is infrastructure, such as roads and energy, all of which are more then triple than what it was 10 years ago.

beside that, India's unstable political environment is a setback too. like it or not, foreign investors are more in favour of communist Vietnam than any other countries in Asia.

 

[Firemaster]

Oh yeah, now you guys are trying to "copy" the country that you guys label as a "copycat".

Good luck, it took us decades to set up the industrial base that we currently have.

Well copying a copycat is not bad

 

[NiceGuy]

If India tries to follow China's path, it is doomed to failure. The world is not what it was when China wanted to boost the manufactory industry. To be successful, India need to find (or fight) their own way in today hostile enviornment. But this will not be easy.

US and other western countries are trying hard to take back these jobs.
first they increased your production cost, see
http://www.defence.pk/forums/world-affairs/137702-truth-911-a.html

second, they reduced theirs by using automatic production lines (robots and machines become cheaper and cheaper)

third, one of the backbone of manufactory is infrastructure, such as roads and energy, all of which are more then triple than what it was 10 years ago.

beside that, India's unstable political environment is a setback too. like it or not, foreign investors are more in favour of communist Vietnam than any other countries in Asia.

Correct, investor always feel fear of unstable political environment ,that why Japan is shifting their investment from Thailand to VietNam now .But we can help Indian to have better political environment if they want to, bro

You may threaten us when helping India political(if she need) bcz you don't wanna lose millions of jobs, so we will try to make balance between you and India

 

[Urbanized Greyhound]

The responsibilities of manufacturing ought to fall mainly to the Private sector. We dont have a Chinese system of absolute governance to emulate the Chinese model successfully .

In China the Government is free to move aside all obstructions , hurdles to set up the facilities necessary.

In India , the Govt's hands are shackled by myriad problems like judicial directives , protests against land acquisition which the Media will play up and the Govt can forcibly shut down, compensation to those losing their properties etc

If we are to take a lead in manufacturing , the Govt should focus on encouraging Private players , ensuring their schemes face no bureaucratic hurdles , red tape etc at least from the Government's side.

 

[Loyus]

Oh yeah, now you guys are trying to "copy" the country that you guys label as a "copycat".

Good luck, it took us decades to set up the industrial base that we currently have.

Huh !! Public memory is so short.. I expected better from Wharton..

India unvelied the Special Economic Zone policy to emulate China Free Trade Zones like Schenzen which saw rapid development. It unveiled it 4-5 years ago. The results were mixed. Some states emulated it well like Tamil Nadu .. but in many cases it did not work ou... I wonder hos this will work out. The thing is the energy to go for manufacturinf varies from state to state in India..Also the easy avaliability of land and associated infrastructure like Energy, roads , downstream industries plays a good role. Some states like Tamil Nadu, Gujarat and Maharashtra has been outright winners.. Some states like West Bengal ruled by erstwhile Communists have been outright failures.. The thing is there is no standard manufacturing policy that can be followed across India.. But every body realises the importance of manufacturing.. Nehru did a good thing by setting up huge Public sector Industries which have become family jewels.. But he destroyed private industries but stifling rules, restrictions and licensing.. So how did the private industries surivive.. By rampant corruption...Though Tatas maintained dignity ..
I will give an example of how manufacturing industy is a great thing.. 3 years ago Tata Nano started out in Gujarat.. the auto anicilaary industries followwd suit.. Now the infrastructure was set up so 2 months ago Gujarat got Peugot , Ford and Maruti Suzuki and gujarat become a major automobile hub giving jobs to millions.. For an country like India when gains are not short term, your polticial career can change every 5 years.. you have to be a smart guy to follow a visionary approach.. Modi is correct on that count..