Indian Economy

[GaudaNaresh]

good to see odisha getting investments these days.

Best state in India, IMO as far as having a clear-cut plan towards development and results.
Pity they hate my people even more than the Southies do.

 

[Azaad]

View: https://youtu.be/BLR-KMmDzLA?si=l1Fn-ktNo1S7Tsvm

Important development. The entry of an India based sovereign ratings agency.

 

[shade2]

https://www.reuters.com/technology/india-plans-laptop-import-curbs-boost-local-manufacturing-sources-say-2024-10-18/

Reuters also running this news, guess Govt is serious about Round 2
They also openly write that Govt lost Round 1 because of (((lobbying))) by US in turn prompted mainly by HP

Which is strange considering they have done a lot of make in India stuff including a contract with Dixon, VVDN and their own factory

 

[SlayingHell]

https://www.reuters.com/technology/india-plans-laptop-import-curbs-boost-local-manufacturing-sources-say-2024-10-18/

Reuters also running this news, guess Govt is serious about Round 2
They also openly write that Govt lost Round 1 because of (((lobbying))) by US in turn prompted mainly by HP

Which is strange considering they have done a lot of make in India stuff including a contract with Dixon, VVDN and their own factory

There is two ways of applying dhanda- Carrot or Incentives for compliers aka Non-HP walas or like Samsung and all those Taiwanese brands OR Stick for Non-Compliance like HP. The Goal is with Carrot, without targeting HP, one can pummel their sales to low since others can get.

 

[shade2]

There is two ways of applying dhanda- Carrot or Incentives for compliers aka Non-HP walas or like Samsung and all those Taiwanese brands OR Stick for Non-Compliance like HP. The Goal is with Carrot, without targeting HP, one can pummel their sales to low since others can get.

HP and Lenovo are munching on carrots though?

Dixon to make laptops, computers for HP in India at a factory in Tamil Nadu

HP Inc. and Dixon Technologies' Padget Electronics have signed an MoU to manufacture HP laptops, personal computers, and all-in-one systems in Tamil Nadu. The announcement, made by Union Minister Ashwini Vaishnaw, highlights the success of the Production Linked Incentive scheme under the Make in...

economictimes.indiatimes.com

HPE starts rolling out made-in-India servers; plans to enhance local sourcing

"HPE's plan to manufacture servers in India aligns with its broader objective of supply chain diversification and resiliency. The company is actively exploring opportunities to deepen localisation by leveraging VVDN's backward integration capability and expanding its portfolio of products...

m.economictimes.com

Lenovo unveils PMA-compliant PCs with made-in-India motherboards, expands manufacturing presence

Lenovo plans to invest in local research and development, aiming to foster job creation within India.

www.businesstoday.in

Lenovo to make AI servers in India as nation’s tech push deepens

Lenovos plans mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country. While Indias tense relationship with China has suffered setbacks in recent years, global tech companies see it as an attractive option to build out operations as...

m.economictimes.com

Only Dell isn't, so it's very weird that HP was the one lobbying for Daddy to prevent ebul Modi Govt stopping imports from China

The donkeys in the market are also munching those carrots, aside from the above mentioned Oxen

Dixon Inks Pact To Make Asus Notebooks Under PLI 2.0

Dixon Technologies’ subsidiary Padget Electronics has signed a pact with Asus to manufacture notebooks under the PLI 2.0 scheme

inc42.com

Taiwan’s Acer and Asustek step up ‘Make in India’ plans​

Taiwan’s Acer and Asustek step up ‘Make in India’ plans

Moves come as New Delhi weighs tighter import restrictions

www.ft.com

 

[shade2]

The Bri'ish want to restart FTA negotiations with India

India expects UK trade talks to resume in November - CNBC TV18

India anticipates resuming Free Trade Agreement negotiations with the UK in November after an eight-month pause. Bilateral trade has risen, but contentious issues remain, including access for Indian professionals and UK duty concessions on various goods.

www.cnbctv18.com

https://www.livemint.com/economy/indiauk-fta-starmer-labour-migration-mobility-11725784005973.html

Meanwhile the bone of contention is, as compared to
the virgin East Asian "market access" beggar
vs
The Chad Indian Colonizer

Amidst a recession and opposition to immigration and outsourcing in the UK, India has sought increased access for IT/ITeS and healthcare professionals under the FTA. Meanwhile, the UK has requested duty concessions on chocolates, lamb meat, electric vehicles, and scotch whisky, the latter of which has faced opposition from the Indian alcohol industry. Both countries are also negotiating a bilateral investment treaty

 

[jaijaganath]

HP and Lenovo are munching on carrots though?

Dixon to make laptops, computers for HP in India at a factory in Tamil Nadu

HP Inc. and Dixon Technologies' Padget Electronics have signed an MoU to manufacture HP laptops, personal computers, and all-in-one systems in Tamil Nadu. The announcement, made by Union Minister Ashwini Vaishnaw, highlights the success of the Production Linked Incentive scheme under the Make in...

economictimes.indiatimes.com

HPE starts rolling out made-in-India servers; plans to enhance local sourcing

"HPE's plan to manufacture servers in India aligns with its broader objective of supply chain diversification and resiliency. The company is actively exploring opportunities to deepen localisation by leveraging VVDN's backward integration capability and expanding its portfolio of products...

m.economictimes.com

Lenovo unveils PMA-compliant PCs with made-in-India motherboards, expands manufacturing presence

Lenovo plans to invest in local research and development, aiming to foster job creation within India.

www.businesstoday.in

Lenovo to make AI servers in India as nation’s tech push deepens

Lenovos plans mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country. While Indias tense relationship with China has suffered setbacks in recent years, global tech companies see it as an attractive option to build out operations as...

m.economictimes.com

Only Dell isn't, so it's very weird that HP was the one lobbying for Daddy to prevent ebul Modi Govt stopping imports from China

The donkeys in the market are also munching those carrots, aside from the above mentioned Oxen

Dixon Inks Pact To Make Asus Notebooks Under PLI 2.0

Dixon Technologies’ subsidiary Padget Electronics has signed a pact with Asus to manufacture notebooks under the PLI 2.0 scheme

inc42.com

Taiwan’s Acer and Asustek step up ‘Make in India’ plans​

Taiwan’s Acer and Asustek step up ‘Make in India’ plans

Moves come as New Delhi weighs tighter import restrictions

www.ft.com

Bro I haven't seen any assembled made in india tag on any laptop until now
But heard a lot of updates past 6-8 months that hp and Lenovo are assembling hete

 

[warriorextreme]

Tata Group Unveils Plan To Create Half A Million Jobs In Manufacturing Sector​

Tata Group Unveils Plan To Create Half A Million Jobs In Manufacturing Sector

In a significant announcement, Tata Group Chairman N Chandrasekaran has unveiled plans to generate 500,000 manufacturing jobs over the next five years.

knnindia.co.in

 

[vin pahadi (kumauni)]

All those comments are by your colleagues - the 50 cents per post guys from the MSS. Any good development in India or anything to do with China in the Indian media & Wumaos make enough money posting on it to last them a week. Hopefully CCP revises the tariff to 1 USD per post . It's been long overdue , since the last 2 decades now.

there r many chinese lovers also in india....what do u think naxals, communist nd Marxist fan boys in india hv opinion for china? i dont see leftist youtubers critisize china that much (pappu fans be like pappu). many indians admire chinese infrastructure etc...nd many feared from chinese military power. so dont think all r CCP bots. there r many stupid indian, who praises chinese more than india.

 

[DingDong]

there r many chinese lovers also in india....what do u think naxals nd Marxist fan boys in india hv opinion for china? i dont see leftist youtubers critisize china that much (pappu fans be like pappu). many indians admire chinese infrastructure etc...nd many feared from chinese military power. so dont think all r CCP bots. there r many stupid indian, who praises chinese more than india.

Don't forget about the likes of "shark tank" winners who source the white labeled products from China, put stickers on them, and sell them as their own innovation.

 

[shade2]

Bro I haven't seen any assembled made in india tag on any laptop until now
But heard a lot of updates past 6-8 months that hp and Lenovo are assembling hete

Do you own a laptop shop? because otherwise no way to find out.

HP and Dell have factories here since ancient times but i guess those were only used for dabba PCs and just some laptop assembly, the majority of stuff sold here is just straight up imported from Chongland.

Since we signed the ITA-1 treaty, Kampooter imports are duty free, which is why govt did this "imports are haram" scheme, which is why the Big 3 Laptop merchants cried to their daddy and daddy threathened GoI to REVERT

 

[jaijaganath]

Do you own a laptop shop? because otherwise no way to find out.

HP and Dell have factories here since ancient times but i guess those were only used for dabba PCs and just some laptop assembly, the majority of stuff sold here is just straight up imported from Chongland.

Since we signed the ITA-1 treaty, Kampooter imports are duty free, which is why govt did this "imports are haram" scheme, which is why the Big 3 Laptop merchants cried to their daddy and daddy threathened GoI to REVERT

Recently many of my classmates brought hp laptops atleast 10 in past 2-3 months most of them being ultrabook category never saw any such tag
But I have read many articles that hp is assembling for many years
So just out of curiosity I asked
Even in Jan when I went to a shop to buy laptop from a closed relative and just for fun I was checking the origin most of them being hp and made in Malaysia or china
Just an individual observation nothing much

 

[Screambowl]

Where should I post it? Mods can move it to relevant thread because this is serious.

Indian airlines face multiple hoax bomb threats in October 2024 | Flightradar24 Blog

Take a closer look at Indian airlines face multiple hoax bomb threats in October 2024, learn more about flight tracking and get the latest aviation news with Flightradar24.

www.flightradar24.com

2024 Indian bomb hoaxes - Wikipedia

en.wikipedia.org

Hoax bomb threats cost airlines around ₹3 crore per incident

www.newsbytesapp.com

 

[Aaj Ka Hero]

Rise of new cities: Meet the new Gurgaons of India that are growing quietly but steadily - The Economic Times

The Centre has outlined strategies to tackle rural unemployment and boost job growth in non-metro cities. The rise of satellite cities like Sri City, Shendra-Bidkin, and Greater Noida is seen as a solution to urban congestion, offering new industrial and residential hubs. Experts emphasize smart...

m.economictimes.com

Information regarding new emerging cities.

@haldilal bro, is there any new city similar to article mentioned Sri city in middle India? Sri city is great but it is too below for high in northern areas like Himachal and Delhi.

 

[ezsasa]

This news article says, UK FTA in previous brit administration didn't move ahead because of migration aspect.

there was another news article the other day, which was saying negotiations are on hold because of british whiskey.

UK's ex-minister reveals why she blocked India-UK FTA deal

Kemi Badenoch, former UK business secretary and contender for Conservative Party leader, claims she blocked India-UK FTA due to visa demands. However, ex-ministers and sources dispute her narrative, asserting she sought a deal despite immigration concerns. Talks may resume under Labour government.

economictimes.indiatimes.com

 

[GaudaNaresh]

This news article says, UK FTA in previous brit administration didn't move ahead because of migration aspect.

there was another news article the other day, which was saying negotiations are on hold because of british whiskey.

UK's ex-minister reveals why she blocked India-UK FTA deal

Kemi Badenoch, former UK business secretary and contender for Conservative Party leader, claims she blocked India-UK FTA due to visa demands. However, ex-ministers and sources dispute her narrative, asserting she sought a deal despite immigration concerns. Talks may resume under Labour government.

economictimes.indiatimes.com

i am yet to understand what exactly india gains from FTA with al-bartaniya.
We already have what we want - significant desi population + huge desi conglomerate footprint in Bartaniya.
They are resource poor, the least productive nation of G-7, manufacturing minnows ( if you take a compass and drew just a 100km radius around delhi, you have more industrial output than entire Al Bartania, that number is like 30Km if you drew an arc ( not even a full circle) from Hong Kong btw.

So what de foc. Why is RoI even entertaining this ? Do we seriously just want to try and win back the kohinoor+art by just getting the Algostanis to default on shit they owe us while they run amok again in our country or what ?!

 

[ezsasa]

i am yet to understand what exactly india gains from FTA with al-bartaniya.
We already have what we want - significant desi population + huge desi conglomerate footprint in Bartaniya.
They are resource poor, the least productive nation of G-7, manufacturing minnows ( if you take a compass and drew just a 100km radius around delhi, you have more industrial output than entire Al Bartania, that number is like 30Km if you drew an arc ( not even a full circle) from Hong Kong btw.

So what de foc. Why is RoI even entertaining this ? Do we seriously just want to try and win back the kohinoor+art by just getting the Algostanis to default on shit they owe us while they run amok again in our country or what ?!

my take :
- these negotiations has been going on for more than 15 years, so modi wants to close this point.
- forex inflow will support cushion against ₹ depreciation
- pre-brexit GoI considered UK as a gateway to europe, not sure if this holds true now.
- data is in favour of FTA with gora countries being beneficial to economy because of exchange rate, that's because most of the data is from globalisation era.

but we are the sidestory, china is the main story for the new labour govt

Labour tiptoes nervously towards a China policy​

Labour tiptoes nervously towards a China policy

David Lammy's low-key visit to Beijing shows the party is still trying to work out its China stance.

www.bbc.com

 

[rockdog]

interesting article.

How Indian is an Indian phone?

Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer.

restofworld.org

 

[RDXChauhan]

Won't happen overnight. Current govt did an onslaught on the NGO since 2014. Thousands and thousands of NGO have been closed.​

There are approx 30 lakh NGOs present in the country, that's twice the number of schools present.

 

[Azaad]

View: https://twitter.com/npunwani/status/1847894922763923727?s=19