Indian Economy

SKC said:
Why would anyone live in Flat if they have that kind of money?

They are Bungalow available for much less, simply buy one!
Click to expand...

190 crores is more than enough to buy a house in the most expensive part of the world. If you have that kind of money,you can buy a house next to a Hollywood celebs home in malibu,California.

It's high time the government intervened and controlled this maddening property price inflation. In a country with a per capita income of a mere $2500, cost of a house is at par with countries with a per capita income of $80,000.
 
SKC said:
Why would anyone live in Flat if they have that kind of money?

They are Bungalow available for much less, simply buy one!
Click to expand...
for india flat/apartments/building is far better option than building bungalow nd villa....so we can fit more people in smaller places than individual family bunglow. it will save more space for agriculture, industry nd nature also.
 
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1733934075900.webp
 
ezsasa said:
sajjan jindal on why large Indian companies do not get into R&D.
the question yet to be answered, what is the cost of R&D in India ?


View: https://x.com/cvkrishnan/status/1866844293744431595
Click to expand...


View: https://x.com/GuhaSarbendu/status/1866858019080089912

Told ya
Everything they use is imported
And all excuses given we need to eat drink then do this and that are rubbish
Many smaller and lesser critical components apart from these are imported
Their rnd department exist for namesake where employees beg to get transferred to other departments as there is no scope of experience and knowledge
 
jaijaganath said:

View: https://x.com/GuhaSarbendu/status/1866858019080089912

Told ya
Everything they use is imported
And all excuses given we need to eat drink then do this and that are rubbish
Many smaller and lesser critical components apart from these are imported
Their rnd department exist for namesake where employees beg to get transferred to other departments as there is no scope of experience and knowledge
Click to expand...

Reason why capex in India doesn't translate to much growth. Majority of it goes to importing equipment and machinery while in china majority of it stays in the economy plus enables their industry to export more capital goods abroad.
 
FalconSlayers said:
Reason why capex in India doesn't translate to much growth. Majority of it goes to importing equipment and machinery while in china majority of it stays in the economy plus enables their industry to export more capital goods abroad.
Click to expand...
Only way to fix that is to offer massive tax breaks and subsidies to those who engage in R&D. That’s how US and China did it.
 
Blademaster said:
Only way to fix that is to offer massive tax breaks and subsidies to those who engage in R&D. That’s how US and China did it.
Click to expand...
You need a culture for that. Rent seekers can't be innovators.
 
Blademaster said:
Only way to fix that is to offer massive tax breaks and subsidies to those who engage in R&D. That’s how US and China did it.
Click to expand...
That is putting the cart before the horse.
R&D comes *AFTER* one has manufacturing capacity.
Nobody is going to try and innovate in a society that sucks for making things. Why ? Because what the fook will i do with my great idea when i cannot find easy to access manufacturers for my idea ??? Like think of a simple innovation you can make, that you can just register in a western country/china and get it to some millwright inside a week to make a prototype. This simple thing will take MONTHS to do in India because India sucks at manufacturing.
The sector India doesnt suck in manufacturing - such as pharmaceutical manufacturing, India is a decent innovator at.
To become innovators, first we must become manufacturers.
 
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