Indian Economy

[Azaad]

India Diamond Sector Crisis: Factory Closures, Job Losses

India's diamond industry faces severe crisis with factory closures, job losses, and rising competition from lab-grown diamonds. GTRI highlights challenges and suggests solutions.

money.rediff.com

Interesting article on the state of affairs of the diamond industry in India.

 

[crazywithmath]

https://www.reuters.com/world/ammunition-india-enters-ukraine-raising-russian-ire-2024-09-19/

 

[sameer]

India's ready-made garment exports rise 12% in August despite global challenges

www.deccanherald.com

Hope the Mitra mega textile parks come online soon. This is the right time.

 

[sameer]

Post in thread 'Indian Economy'

Jul 26, 2024

View: https://x.com/sanjeevsanyal/status/1813436677777391742

BJP government got a lot of heat for not joining this cheeni sponsored trade deal back then, but at the end of the day it was the right decision. Thai manufacturing is now getting hammered.

• sameer

• 

Southeast Asia’s struggle to stay afloat amid a flood of cheap Chinese imports

Local industries – from Thailand’s truckers to Indonesia’s textile makers and Malaysia’s retailers – are feeling the squeeze from low-cost Chinese goods.

www.scmp.com

One more reason why not joining the cheeni sponsored RCEP was a good decision. Indon textile industry is getting decimated.

 

[concard]

News is still awaiting confirmation. Still what is wrong with these morons? Why are they making things complicated? Are we spending $15 billion to get a train which max out at 250 km/h? It is high speed rail which runs at 320 km/h ofcourse it won't come at the price of Shatabdi or Vande Bharat express.

https://www.moneycontrol.com/news/india/indias-first-250-kmph-bullet-train-likely-to-be-built-in-bengaluru-12825707.html

 

[SKC]

News is still awaiting confirmation. Still what is wrong with these morons? Why are they making things complicated? Are we spending $15 billion to get a train which max out at 250 km/h? It is high speed rail which runs at 320 km/h ofcourse it won't come at the price of Shatabdi or Vande Bharat express.

https://www.moneycontrol.com/news/india/indias-first-250-kmph-bullet-train-likely-to-be-built-in-bengaluru-12825707.html

I am not sure what you are finding wrong here!

Our indigenous High-Speed trains will be rated to speed of 250KMPH at first. We are not directly moving to above 300KMPH trains.

Also, the High Speed network does not always have trains running at 300-320KMPH. The average speed can be anywhere from 220 to 280KMPH. These routes also share track with other 200-250KMPH speed trains.

So, we might see the Japanese built trains running at top speed during peak time and rest of the day we can run these 250kmph speed indigenous trains.​

 

[concard]

I am not sure what you are finding wrong here!

Our indigenous High-Speed trains will be rated to speed of 250KMPH at first. We are not directly moving to above 300KMPH trains.

Also, the High Speed network does not always have trains running at 300-320KMPH. The average speed can be anywhere from 220 to 280KMPH. These routes also share track with other 200-250KMPH speed trains.

So, we might see the Japanese built trains running at top speed during peak time and rest of the day we can run these 250kmph speed indigenous trains.​

Wrong. They specifically stated for Mumbai to Karnavati route, there will be 2 types of trains. One is direct Mumbai to Karnavati which will run top speed at 320 km/h non stop in 2 hours. Another will stop at stations which are constructed and reach destination in 3 hours.

We were supposed to get E5 Shinkasen model. It is extremely disappointing after spending billions and waiting for over a decade we are getting a 250 km/h train. First, let these fools upgrade the present tracks and by all means run trains at 220 km/h as planned. HSR track is also standard gauge. This will push the project beyond 2030 given our previous history with completing projects.

 

[SKC]

Wrong. They specifically stated for Mumbai to Karnavati route, there will be 2 types of trains. One is direct Mumbai to Karnavati which will run top speed at 320 km/h non stop in 2 hours. Another will stop at stations which are constructed and reach destination in 3 hours.

We were supposed to get E5 Shinkasen model. It is extremely disappointing after spending billions and waiting for over a decade we are getting a 250 km/h train. First, let these fools upgrade the present tracks and by all means run trains at 220 km/h as planned. HSR track is also standard gauge. This will push the project beyond 2030 given our previous history with completing projects.

I don't know what you are reading. We are getting trainsets from Japan which will run at their said speed of 320KMPH.
In addition to that we will be running our indegenously developed trainset which will run at 250kmph speed.

I don't why every action or project by govt is viewed as wrong and disappointing!​

 

[concard]

I don't know what you are reading. We are getting trainsets from Japan which will run at their said speed of 320KMPH.
In addition to that we will be running our indegenously developed trainset which will run at 250kmph speed.

I don't why every action or project by govt is viewed as wrong and disappointing!​

No, read the article. Although, there is no explicit statement yet from GoI about cancelling Shinkasen trains, they seem to have decided to develop domestic high speed train for the same route. I am not against it. If we are going to build high speed rail network, let's not screw it up. Since HSR is going to be on standard gauge and there is a reason we are calling it HSR, all trains on this HSR routes should be capable of above 300 km/h speed.

Our railway network runs on broad gauge. Let's upgrade those tracks. We anyway would have the expertise to build HSR tracks now. So let's upgrade it to modern standards and also keeping in mind lot of commie jihadis filth tendency to derail the trains, we need sensors and cameras as safety measures. I am not sure why our railway minister who is a learned man is taking eternity to upgrade railway tracks. Can't we upgrade 5,000 kms of tracks every year?

 

[Blademaster]

No, read the article. Although, there is no explicit statement yet from GoI about cancelling Shinkasen trains, they seem to have decided to develop domestic high speed train for the same route. I am not against it. If we are going to build high speed rail network, let's not screw it up. Since HSR is going to be on standard gauge and there is a reason we are calling it HSR, all trains on this HSR routes should be capable of above 300 km/h speed.

Our railway network runs on broad gauge. Let's upgrade those tracks. We anyway would have the expertise to build HSR tracks now. So let's upgrade it to modern standards and also keeping in mind lot of commie jihadis filth tendency to derail the trains, we need sensors and cameras as safety measures. I am not sure why our railway minister who is a learned man is taking eternity to upgrade railway tracks. Can't we upgrade 5,000 kms of tracks every year?

Well the problem is that the majority of Indians don’t want to pay for railroad fares so how can we upgrade massively if Indians want freebies and not pay for their way.

 

[haldilal]

 

[Nutcracker]

News is still awaiting confirmation. Still what is wrong with these morons? Why are they making things complicated? Are we spending $15 billion to get a train which max out at 250 km/h? It is high speed rail which runs at 320 km/h ofcourse it won't come at the price of Shatabdi or Vande Bharat express.

https://www.moneycontrol.com/news/india/indias-first-250-kmph-bullet-train-likely-to-be-built-in-bengaluru-12825707.html

Not 250, it's 280 kmph. Read the article thoroughly. Also bullet trains don't run at 320kmph whole time. There are certain straight sections where it achieves max speed for short time.
.

 

[Nutcracker]

Well the problem is that the majority of Indians don’t want to pay for railroad fares so how can we upgrade massively if Indians want freebies and not pay for their way.

Also majority of them work for few thousand rupees and far from home. They also think it's their birthright to reach home on festivals and it's railways responsibility to give them confirmed seats.
But that means railways have to invest in infra/engine-bogies/trainsets which will only be used for ~20 festive rush days out of 365, for which IR can't even charge premium.

 

[SlayingHell]

View attachment 10004

How likely it is cheens funding behind this?

 

[Suga]

View attachment 10004

For gods sake ,if we have to industrialised, use state iron hand on this ch******. BC all commie party and unions should be banned if we want to have any hope. These low iq thinks they have birthright to do strike bc there is so much competition to get manufacturing investment or ye sb.

 

[concard]

Not 250, it's 280 kmph. Read the article thoroughly. Also bullet trains don't run at 320kmph whole time. There are certain straight sections where it achieves max speed for short time.
.
View attachment 10009

That's the maximum speed. It won't be running at maximum speed when in operations. It will be reduced to 250 km/h for safety reasons. Same way Shinkansen can go at 350 km/h but reduced to 320 km/h. And you are quoting Japanese railway system which obviously has it's own reasons for reducing speed at certain sections. We need non stop trains between tier 1 cities going above 300 km/h. Speed reduces congestion and more importantly less staff will be required since trips are finished in less amount of time.

 

[Nutcracker]

That's the maximum speed. It won't be running at maximum speed when in operations. It will be reduced to 250 km/h for safety reasons. Same way Shinkansen can go at 350 km/h but reduced to 320 km/h. And you are quoting Japanese railway system which obviously has it's own reasons for reducing speed at certain sections. We need non stop trains between tier 1 cities going above 300 km/h. Speed reduces congestion and more importantly less staff will be required since trips are finished in less amount of time.

It's not A to B straight route, because of geological and economical feasibility. There 10 fugin stops in between.
.
Also you said this which is wrong. It's not maxed out at 250. Thats operational speed, and maximum is 280.

News is still awaiting confirmation. Still what is wrong with these morons? Why are they making things complicated? Are we spending $15 billion to get a train which max out at 250 km/h? It is high speed rail which runs at 320 km/h ofcourse it won't come at the price of Shatabdi or Vande Bharat express.

https://www.moneycontrol.com/news/india/indias-first-250-kmph-bullet-train-likely-to-be-built-in-bengaluru-12825707.html

You can see in my previous attachment that barely 1/4th of that route Shinkansen goes beyond 280kmph. So it's fine if initially we build 250-280 trainsets

 

[crazywithmath]

News is still awaiting confirmation. Still what is wrong with these morons? Why are they making things complicated? Are we spending $15 billion to get a train which max out at 250 km/h? It is high speed rail which runs at 320 km/h ofcourse it won't come at the price of Shatabdi or Vande Bharat express.

No, MAHSR will have to procure shinkansen trainsets (part of the T&C of their deal with JICA).

This is a separate venture to develop indigenous HSR. Heck, they would need to develop BG 220 kmph capable trainsets too (given the greenfield intercity lines they are planning). There is a reason they have developed all those test facilities in Rajasthan.

 

[arjuntank]

Indian govt and State govt are at faults too. Much of the money for worker welfare , accomodation are eaten away by political parties and netas. There lives should slowly improve. But they live hand to mouth existence

 

[dr.defence]

@ezasasa sir what are your thoughts on GOI giving subsidy to setup EV charging infrastructure
I know this will promote ev and reduce the oil imports so wii be beneficial cost wise but isn't it that if we keep giving such incentives than no task will be taken by industry till a incentive is given.

And industry will be completely depend on government only to devlop a sector or won't do anything on their own.
And I don't think that it will be good because we can't guarantee till when modi or other pro industrialization government will be there ultimately industry has to stand on it's own feet and not on the shoulders of government .
Point of view of other respectable members is also appreciated