Indian Economy

[shuturmurg]

is this some new chinki bot farm spreading this? why are people pretending this is new? most buy designer goods for value these days. it has been well known for almost 20 years that almost all of these luxury items are made in 3rd world sweat shops, often in the same factory as other knockoffs.


View: https://www.youtube.com/watch?v=Qy2JWUOwTWQ

here are some from india

Chinese are waging information warfare on high end fashion labels. I am guessing, they want to move into high end lifestyle segment (clothes, shoes, perfume, makeups, etc) next, since these sectors are highly profitable and don't require much innovation as well. These sectors depend on "prestige". Now, Chinese know that Made in China doesn't have "prestige" in high end luxury sector, so they are trying to bring down the existing brands, so that later they can market their own brands saying hey, even the european ones are made in China only.

 

[londonparistokyo]

I don't think there is any sane indian who thinks, that quality of life in India is better than western countries, even most nationalist ones don't think so.

People here know these things, twitter isn't a source of wisdom. Those threads where an "ignorant indian is SHOCKED to find reality of india" are made by bhosdapillers as ragebait content.

Have you seen that @marinebharat guy on twitter? Lol.

 

[Blademaster]

What's this has anything to do with the jibe of Vishwaguru?

I see your constant nitpicking with this tag on every such news!

Whats the problem in importing this from Veitnam when we are no where in the scene on production of these mobile PCB panel in India.

The first choice of companies moving out from China is obviously Vietnam, Laos, Cambodia, Thailand, Malaysia and Indonesia.

We are trying our best to get something in India but overnight we cannot become the best player in the market.​

I notice that he would seize on any gloomy news and lay it down at the hands of Modi by using code words such as Vishwaguru or something and indirectly mocking Modi. That is his schtick.

 

[FalconSlayers]

JSW Steel plans to invest Rs 50,000-60,000 crore in a brownfield project at its Salav plant in Raigad district to establish a 10 MTPA green steel capacity over the next three to four years. This investment is driven by European green steel mandates and aims to significantly reduce carbon emissions.

Given the 10-12 per cent growth in demand every year, India needs to add 20 million tonnes of steel capacity per year which works out to an investment of USD 20 billion per year.



Read more at:

JSW Steel to invest Rs 50,000 cr for 10 MTPA green steel capacity for European mkt

JSW Steel plans to invest Rs 50,000-60,000 crore in a brownfield project at its Salav plant in Raigad district to establish a 10 MTPA green steel capacity over the next three to four years. This investment is driven by European green steel mandates and aims to significantly reduce carbon emissions.

economictimes.indiatimes.com