Walton aims for $1bn export earnings within 10 years

[gslv mk3]

Well said Bluesky bhai.

Indian industrial scenario per some trolls' account here, world class CNC machining centers,

Those Look like BFW Vertical Machining Centres & Widma (?) VTLs. Both models are produced in India.

Indian Machine tool production is around $1 billion by now & it is growing with (3 year) CAGR of 18.6%.

Remember this one Billu ?

Don't worry, next year they would come up with a five axis universal machining centre for large workpieces, again developed in collaboration with IIT Madras.

Have a good cry about that...

And, this type is used throughout the civilized world away from Indian dream.

Reality of Bangladeshi industrial scenario...

Where does Bangladesh import such basic machine tools from ?

6.51 million worth lathes ? Truly LDC standards of machine tool consumption...

 

[Species]

Yes, exactly. This guy sends a link but keeps on fabricate the data in it. Indians are pathological liars.

Thanks for clarifying the facts, I got really tired of dealing with dense RSS idiots from India who don't get basic facts.

He keeps harping on that Refrigerator penetration in India is way higher than Bangladesh, but he hasn't been to Bangladesh.

Their population is 7 times higher but refrigerator purchases are only 4.5 times higher.

I have been to India. Most of these purchases are of the miserly 200 liter fridges variety most middle class urban people use. Even in villages in Bangladesh people have fridges all over the place.

We should ask these RSS idiots to provide the refrigerator sector data but I've seen the real picture already.

I can't believe that guy keeps on boasting with those fake numbers. Reminds me of the thread where their blatant lies and fake boasting got exposed.
https://defence.pk/pdf/threads/dishonesty-about-indian-technological-development.505601/

The basic import duty on refrigerator in India is 20%. Plus 12% CVD and 4% Spl CVD which makes the total import duty on refrigerator in India to be 36%.
https://economictimes.indiatimes.co...-boost-make-in-india/articleshow/65992065.cms

Against Bangladesh's 25%.

Total refrigerator sale in Bangladesh = 2.3 million units. (Source: Bangladesh Refrigerator Manufacturers and Exporters Association)
https://www.thedailystar.net/business/news/rural-demand-drives-fridge-sales-1636753

Total refrigerator sale in India is less than 10 million units. (Apparently, that idiot thinks production=sales)
https://www.thehindubusinessline.co...ew-range-of-refrigerators/article23373373.ece

In proportion to the population, refrigerator sales in Bangladesh is way ahead than India. And the dumbass compares our living standard with the country that can't even afford to build enough toilets for their population.

 

[gslv mk3]

In proportion to the population, refrigerator sales in Bangladesh is way ahead than India. And the dumbass compares our living standard

Lol, wasn't 55% of Bangladeshi households supposed to have a refrigerator...??

Bangladesh Multiple Indicator Cluster Survey 2012-2013..

http://mics.unicef.org/news_entries/15

And on page 5 of the document ...

Percentage of Bangladesh household that own

A television- 37.7%
A refrigerator - 14.2%

The basic import duty on refrigerator in India is 20%. Plus 12% CVD and 4% Spl CVD which makes the total import duty on refrigerator in India to be 36%.

From the same link...

The government has doubled custom duties on refrigerators, washing machines up to 10 kg capacity and air-conditioners to 20%.

And the article was published on Sep 28, 2018, 01.32 PM IST...

It happened just a month before dumbass !!!

So it used to be 26%...

And in Bangladesh...

http://www.bangladeshcustoms.gov.bd/users/search_operative_tariff?description=8418.29.00

Total refrigerator sale in India is less than 10 million units. (Apparently, that idiot thinks production=sales)

Idiot, the article says ''about 10 million''

Here is an article from 2016 which says...

The national refrigerator market is estimated at 12 million units

Did you look at the refrigerator imports by India?

Do you think that Indian manufacturers have no clue of market size to overproduce...? Ever heard of 7 wastes, you idiot ?

Typical retard-deshi shenanigans...

Reminds me of the thread where their blatant lies and fake boasting got exposed.

Lol, only your buddy Bilal got exposed...

Idiot started by comparing machine tools by their enclosures (really intelligent )...

...And had nothing to say when I produced the official MoU document showing collaboration between Jyoti CNC & IIT Madras to develop that CNC Multi-tasking Machine...

But an average retard-deshi is too stupid to even understand what's happening...

And the dumbass compares our living standard

Bangladeshi living standards...

• Per capita GDP PPP is nearly half of that of India...

• smartphone penetration is less than 60% of India...

• 1/3rd internet penetration of India.

• 70% of Bangladeshi mobile phone users use <2000 taka feature phones...

• TV sales is per capita half of that of India...

• Motorcycle sales is 1/8th per capita of Indian sales...

 

[Species]

Lol, wasn't 55% of Bangladeshi households supposed to have a refrigerator...??

Bangladesh Multiple Indicator Cluster Survey 2012-2013..

http://mics.unicef.org/news_entries/15

And on page 5 of the document ...

Percentage of Bangladesh household that own

A television- 37.7%
A refrigerator - 14.2%





From the same link...

The government has doubled custom duties on refrigerators, washing machines up to 10 kg capacity and air-conditioners to 20%.

And the article was published on Sep 28, 2018, 01.32 PM IST...

It happened just a month before dumbass !!!

So it used to be 26%...

And in Bangladesh...

http://www.bangladeshcustoms.gov.bd/users/search_operative_tariff?description=8418.29.00



Idiot, the article says ''about 10 million''

Here is an article from 2016 which says...

The national refrigerator market is estimated at 12 million units

Did you look at the refrigerator imports by India?

Do you think that Indian manufacturers have no clue of market size to overproduce...? Ever heard of 7 wastes, you idiot ?

Typical retard-deshi shenanigans...



Lol, only your buddy Bilal got exposed...

Idiot started by comparing machine tools by their enclosures (really intelligent )...

...And had nothing to say when I produced the official MoU document showing collaboration between Jyoti CNC & IIT Madras to develop that CNC Multi-tasking Machine...

But an average retard-deshi is too stupid to even understand what's happening...



Bangladeshi living standards...

• Per capita GDP PPP is nearly half of that of India...

• smartphone penetration is less than 60% of India...

• 1/3rd internet penetration of India.

• 70% of Bangladeshi mobile phone users use <2000 taka feature phones...

• TV sales is per capita half of that of India...

• Motorcycle sales is 1/8th per capita of Indian sales...

You're now acting like a kindergarten kid with all your repeated boasting of fake and outdated numbers despite getting exposed every time. Now it's not even worth refuting.

You people should start a movement asking the govt. to undertake a genetic transformation project that would help the vast majority of the Indian population to come to Homo Sapiens level.

 

[Homo Sapiens]

Thanks to @Nilgiri ...

During the sacrifice feast of Eid-ul-Azha, Bangladesh consumes 50% of the country’s annual demand by sacrificing around 8.8 million cattle .

If 8.8 million is 50% of the annual demand (generated just by Eid). That implies around 18 million head of cattle is the claimed total annual demand.

But then BD reports 24 million or so total herd size and now only an insignificant amount (0.5 mil from india, 0.X mil from further away - cant be bothered to look it up) imported to top it off:

http://www.dhakatribune.com/banglad...rices-sacrificial-cattle-may-soar-due-floods/

A DLS source said there were 23.8 million cows and buffalo

18/24 = 75% claimed processing rate.

World max hovers around 30% in comparison, World average around 15% and high pop density average much less (often in single digits) - if you want numbers I can provide them (already done in the case of the first one w.r.t USA).

There are some misunderstanding in these data. Not all the quoted 8.8 million are cows and buffaloes. Most of it are goats and sheep. Cattle is used as a common word to describe all the animal use to sacrifice during Eid. In this year, 11.6 million 'cattle' were sacrificed. Among them 4.5 million are cows and buffaloes, and 7.1 million was goats and sheep. each year 23.1 million livestock(cows, buffaloes,goats,sheep) are consumed in Bangladesh. Almost half of it during Eid. You will find detailed information here
https://bdnews24.com/economy/2018/07/22/govt-says-bangladesh-has-11.6m-animals-for-eid-slaughtering

So out of 23.1 million livestock annual consumption, at most 10 million are cattle (cows and buffaloes). Our current cattle herd(cows, buffaloes) are about 30 million. So it is perfectly possible to maintain this amount of slaughter.

 

[Homo Sapiens]

Heard of PPP ? Obviously you haven't.

According to IMF,

Bangladesh-$4600
India-$7800 - 70% more than Bangladesh.

But Real Indian ppp per capita would be 1000 dollar less and for Bangladesh, it would be 1000 dollar more. Indian economic data are usually more updated and manipulated(vedic) while Bangladesh is not. If this is not the case then I want to ask a question, If India has 7800 dollar ppp per capita GDP then how come India looks so poor? hunger so widespread? 7800 dollar ppp is even more than Vietnam. Now do not tell me that,average Indians are richer and have higher living standard than an average Vietnamese.There is simply something wrong about India's ppp figure. While our GDP calculation method are quite outdated with base year being 2005. So most likely real ppp per capita would be -

Bangladesh-$5600
India-$6800 - 21% more than Bangladesh.

Now, this 21% more is the average. India, with it's massive economic disparity state to state means that, a couple of isolated pocket of regions with relative 'prosperity'(Kerala, Haryana,Punjab or coastal Maharastra) are actually making it look higher than BD. But the bitter reality is, 70-80 percent Indians living in states where per capita income and living standard are lower than Bangladesh. Many of the poorest people in BIMARU states are surviving on just rats, snails etc. A very heartbreaking situation.

 

[gslv mk3]

You're now acting like a kindergarten kid with all your repeated boasting of fake and outdated numbers despite getting exposed every time.

UNICEF vetted data for 2013 is fake...???

''It's fake'' ''It's all Indian propaganda''

Can you tell me what else to believe, @Homo Sapiens ??

According to IMF,

Bangladesh-$4600
India-$7800 - 70% more than Bangladesh.

But Real Indian ppp per capita would be 1000 dollar less and for Bangladesh, it would be 1000 dollar more. Indian economic data are usually more updated and manipulated(vedic) while Bangladesh is not. If this is not the case then I want to ask a question, If India has 7800 dollar ppp per capita GDP then how come India looks so poor? hunger so widespread? 7800 dollar ppp is even more than Vietnam. Now do not tell me that,average Indians are richer and have higher living standard than an average Vietnamese.There is simply something wrong about India's ppp figure. While our GDP calculation method are quite outdated with base year being 2005. So most likely real ppp per capita would be -

Bangladesh-$5600
India-$6800 - 21% more than Bangladesh.

Now, this 21% more is the average. India, with it's massive economic disparity state to state means that, a couple of isolated pocket of regions with relative 'prosperity'(Kerala, Haryana,Punjab or coastal Maharastra) are actually making it look higher than BD. But the bitter reality is, 70-80 percent Indians living in states where per capita income and living standard are lower than Bangladesh. Many of the poorest people in BIMARU states are surviving on just rats, snail etc. A very heartbreaking situation.

'Feelz' based rants, and figures pulled out of ones rear end doesn't prove a thing...

As for the quality of Bangladeshi statistics...

Assessment of the capacity of Bangladesh Statistical System to produce the core set of economic statistics July 2011

The assessment further found that although the BSS has the basic capacity to produce most of the statistics within the core set, it has limited capacity to produce many of these statistics in accordance with relevant international standards and good practices.

https://defence.pk/pdf/threads/repository-for-bd-statistics-bbs-quality-credibility.525379/

Don't try the tricks you try with patients, doc...

You can go cry to the WB or IMF for all I care...

BTW, What happened to that BD PPP multiplier upgrade which you were sure will happen by 2017 ?

 

[Homo Sapiens]

'Feelz' based rants, and figures pulled out of ones rear end doesn't prove a thing...

As for the quality of Bangladeshi statistics...

Assessment of the capacity of Bangladesh Statistical System to produce the core set of economic statistics July 2011

The assessment further found that although the BSS has the basic capacity to produce most of the statistics within the core set, it has limited capacity to produce many of these statistics in accordance with relevant international standards and good practices.

https://defence.pk/pdf/threads/repository-for-bd-statistics-bbs-quality-credibility.525379/

Don't try the tricks you try with patients, doc...

You can go cry to the WB or IMF for all I care...

BTW, What happened to that BD PPP multiplier upgrade which you were sure will happen by 2017 ?

BBS may have some limitation like any other developing country, but they are not engaged in Vedic fraudulency. Otherwise they would not have revealed the HIES-2016 result which showed Bangladesh in a poor light.

If BD use 2005 as a base year and India use 2015, then Indian economic data will be more updated compared to BD. Is that difficult to understand for you? This is why BD per capita ppp looks smaller than reality.

2017 consumer price Index of IMF, world bank will be released in 2019, 2020. There is a possibility that a spike in Bangladesh gdp ppp could happen but a bigger boost would be when Bangladesh will upgrade it's GDP base year to 2015-2016.

 

[gslv mk3]

BBS may have some limitation like any other developing country, but they are not engaged in Vedic fraudulency. Otherwise they would not have revealed the HIES-2016 result which showed Bangladesh in a poor light.

If BD use 2005 as a base year and India use 2015, then Indian economic data will be more updated compared to BD. Is that difficult to understand for you? This is why BD per capita ppp looks smaller than reality.

2017 consumer price Index of IMF, world bank will be released in 2019, 2020. There is a possibility that a spike in Bangladesh gdp ppp could happen but a bigger boost would be when Bangladesh will upgrade it's GDP base year to 2015-2016.

Yeah right...

https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

I am tired of hearing 'will's in this section...

The nearly twice higher Indian GDP (PPP) per capita explain why the consumption of literally anything in India is double of that of Bangladesh...

 

[UKBengali]

Yeah right...

https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

I am tired of hearing 'will's in this section...

The nearly twice higher Indian GDP (PPP) per capita explain why the consumption of literally anything in India is double of that of Bangladesh...

Actually India is at 70% more PPP than BD currently - let us wait and see how much BD catches up when it rebases to the same year as India soon

As to why consumption in BD is not higher, that is because of accumulated wealth. Only until very recently, India has had an advantage in per capita compared to BD.

 

[Bilal9]

According to IMF,

Bangladesh-$4600
India-$7800 - 70% more than Bangladesh.

But Real Indian ppp per capita would be 1000 dollar less and for Bangladesh, it would be 1000 dollar more. Indian economic data are usually more updated and manipulated(vedic) while Bangladesh is not. If this is not the case then I want to ask a question, If India has 7800 dollar ppp per capita GDP then how come India looks so poor? hunger so widespread? 7800 dollar ppp is even more than Vietnam. Now do not tell me that,average Indians are richer and have higher living standard than an average Vietnamese.There is simply something wrong about India's ppp figure. While our GDP calculation method are quite outdated with base year being 2005. So most likely real ppp per capita would be -

Bangladesh-$5600
India-$6800 - 21% more than Bangladesh.

Now, this 21% more is the average. India, with it's massive economic disparity state to state means that, a couple of isolated pocket of regions with relative 'prosperity'(Kerala, Haryana,Punjab or coastal Maharastra) are actually making it look higher than BD. But the bitter reality is, 70-80 percent Indians living in states where per capita income and living standard are lower than Bangladesh. Many of the poorest people in BIMARU states are surviving on just rats, snails etc. A very heartbreaking situation.

I got tired of stating obvious truths which everyone understands besides Bhakts.

Look at the 35 page long 'thappar phaadke treatment' I gave these lying trolls sometime ago with full evidence, don't have the energy anymore, nor do I see the point, misers will be in perpetual misery I guess.

https://defence.pk/pdf/threads/dishonesty-about-indian-technological-development.505601/page-34

I am not in the habit of kicking people already in the gutter - it's beneath my 'sharafat' as I was taught.

I'd suggest to everyone to not respond to this troll anymore, as he is basically an attention whore. Bangladesh will go where our economy leads us, and we all know where India is, we have all been there.

Showing us one CNC lathe as If thousands of them are selling there.

Only from 'vedic fraudulence'. Kudos you guys on coining a new phrase.

 

[gslv mk3]

I got tired of hearing obvious truths

Such as 14% refrigerator penetration rate in Bangladesh...

Look at the 35 page long 'thappar phaadke treatment' I gave these lying trolls sometime ago with full evidence

I have never seen anyone- even a troll, 'boast' about a thread where he was exposed, thrashed and had his lies called out...

Even the first post on that thread shows Bangladeshi intelligence...

"They both look similar to my eyes..."



Official MoU document which shows IIT Madras as responsible for project execution & Jyoti CNC Automation as the industrial partner... which ended the whole debate.

Tell me Billu, how much butt-hurt does this give you...

After all India was supposed to lag 3 decades behind Bangladesh in industrial capabilities in your wet-dreams right...

Showing us one CNC lathe as If thousands of them are selling there.

India stands 8th in the consumption of machine tools in the world...

No I didn't say it, this is the result of Gardner Business Media survey on machine tool consumption.

Now no survey will ever find out the fact that everyone in Bangladeshi villages own a refrigerator...

we all know where India is

Obviously you should, it's where your people work as housemaids...


http://www.thedailystar.net/controlling-remittance-outflow-to-india-58831

Bangladeshis generally do menial jobs in India and contribute to the economy through hard work in exchange for meagre wages, whereas most Indians are gainfully employed in attractive jobs in Bangladesh, earning handsomely and remitting millions of dollars to India.