Indian Economy

[shuturmurg]

Ya'll Nibbiars with Vadhavan Port, Logistics Centre and High Tech Industrial Estate, Airport along with existing Heavy Industrial Estate and potential RRSTS, Boisar is set to become one of the Fastest growing Cities of India soon.


View: https://x.com/haldilal/status/1856917475738456434?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1856917475738456434%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=


View: https://twitter.com/haldilal/status/1856615484168516085

Bro will Vadhavan get built if Penguin Sena wins?

 

[shade2]

Bro will Vadhavan get built if Penguin Sena wins?

No.
They stopped the bullet train project's land acquisition the last time they were in power.

 

[haldilal]

Bro will Vadhavan get built if Penguin Sena wins?

No.
They stopped the bullet train project's land acquisition the last time they were in power.

Ya'll Nibbiars Unlike MAHSR, port is built on land Reclamation and they can't stop it now, as the process has been done under the S.C supervision. And NDA was Voted to power in Palghar District now, mean clearly shows that folks are with the Port.

 

[Blademaster]

Apple effect

India needs to slap high tariffs on consumer products coming from China. Only things that shouldn’t have tariffs are machinery that help create Indian industry.

 

[shade2]

India needs to slap high tariffs on consumer products coming from China. Only things that shouldn’t have tariffs are machinery that help create Indian industry.

There is a certain FTA called ITA-1 signed by India in the 90s
According to that imports of computer hardware are duty/tariff-free.

Computer hardware includes the parts, dabba PC, AIO PC, Laptops, Servers, Printers etc

As you know these come from China.

It has been a source of much heartburn and "what to do?" for the incumbent govt since they don't have the stick of the tariffs available to make the carrot of PLI very attractive for the big-brand oxen to setup assembly shops here.

As compared to smartphones, TVs, various white goods appliances( fridge, washing machine ), cars etc

 

[Blademaster]

There is a certain FTA called ITA-1 signed by India in the 90s
According to that imports of computer hardware are duty/tariff-free.

Computer hardware includes the parts, dabba PC, AIO PC, Laptops, Servers, Printers etc

As you know these come from China.

It has been a source of much heartburn and "what to do?" for the incumbent govt since they don't have the stick of the tariffs available to make the carrot of PLI very attractive for the big-brand oxen to setup assembly shops here.

As compared to smartphones, TVs, various white goods appliances( fridge, washing machine ), cars etc

I’m talking about heavy machinery that makes machines to manufacture goods. Not computers. I’m talking about products that can make chips or pcb boards etc. and then go upward until we achieve the ability to make anything we need including heavy or specialized machinery that makes machines that make goods.

 

[shade2]

I’m talking about heavy machinery that makes machines to manufacture goods. Not computers. I’m talking about products that can make chips or pcb boards etc. and then go upward until we achieve the ability to make anything we need including heavy or specialized machinery that makes machines that make goods.

I was replying to the bolded, computers are consumer goods and ofc it's a large industry segment here, serviced by direct imports from China.

We have other such self-goal FTA signed with Vietnam and Thailand by congi govt in the past but the govt has managed to tip-toe over those, but not this ITA-1 which is tariff-proof

I don't think there are much duties and all in the way in importing machinery from China, even if there are they are still cheap enough to be first choice for many factories

India needs to slap high tariffs on consumer products coming from China. Only things that shouldn’t have tariffs are machinery that help create Indian industry.

 

[FalconSlayers]

Exports this year *might* touch $840 billion at current rate. Piyush should use his black magic to push this to a trillion dollars in next 2 years.

The cumulative overall exports during April-October 2024 is estimated at USD 468.27Billion, as compared to USD 436.48Billion in April-October 2023, with an estimated growth of 7.28%

India’s total exports (Merchandise and Services combined) for October 2024* is estimated at US

pib.gov.in

 

[haldilal]

View: https://x.com/i/status/1856964377095844325