Indian Economy

[concard]

Hope this doesn't turn into Next Nokia or Vodafone saga

i know how VW Group works being an insider as former employee but will they be left with just collecting the dues or govt thinking of making extra moolah by charging 2* interest as fine would make or break this company in india .

Rs 12,000 Crore Bombshell - Skoda Auto Volkswagen India Hit with Massive Tax Evasion Notice

Skoda Auto Volkswagen India Faces Rs 12,000 Crore Tax Evasion Charge; Fines Could Double to Rs 24,000 Crore with Interest

www.rushlane.com

The Ex-German Ambassador was moaning about India levying lot of taxes on auto parts.

High import duties, trade pact impasse irk Germany

Wants investment protection pact in free trade agreement

www.thehindu.com

The same was echoed by his successor as well. German auto companies only wants to do the bare minimum to make profits or get access to new markets. In the case of China, their government wanted any automaker wanting access to Chinese market should tie up with a Chinese partner. I think it is time for us to do the same and not compromise. You want access to our market? Then STFU and build manufacturing and ecosystem here just like you did in China. Or else take a hike. India is becoming a huge market for many car players. We should gradually impose the terms and conditions on auto makers in return for market access.

 

[Captscooby]

VW is kind of fucked though, there biggest market china is rejecting them more and more in favour of domestic cars.

Chinese are smart if you want to do business here you tie up with local partner and they absorb your know how and you make profits on our cheap labour once they grabbed enough they launched their own brands and kicking ass of all these western brands its happen from Elections to Automobiles like how BYD and MG are even challenging the German Trio in EV segment hands down , How Xiaomi, Huawei and Oppo poopo bla bla sell more phones in china and also across asia and europe

chinese are not as mad lunatic western harpers like brown colonial coolies like us if there is domestic brand which has decent quality they embrace it instead of running for american one

We also had similar set up back then when all Two wheeler brands got the benefit of it

Hero-Honda
TVS-Suzuki
Bajaj-Kawasaki

But our dhando mindset didn't absorb the technology and invest in R&D when all these overseas OEM started their own operations they took the chunk of the market from our Desi dhandoos

Hero still can't master 110cc engine

Bajaj can't get its shit in 150-200cc engine and ended up buying stake in KTM and now building bikes for Triumph

TVS with decades of experience ended up as sweat shop for BMW now in making 300cc motorcycles

Electronic brands like Lava Java don't really create great value for money products , just sell low price phones so buy it type .

 

[Captscooby]

The Ex-German Ambassador was moaning about India levying lot of taxes on auto parts.

High import duties, trade pact impasse irk Germany

Wants investment protection pact in free trade agreement

www.thehindu.com

The same was echoed by his successor as well. German auto companies only wants to do the bare minimum to make profits or get access to new markets. In the case of China, their government wanted any automaker wanting access to Chinese market should tie up with a Chinese partner. I think it is time for us to do the same and not compromise. You want access to our market? Then STFU and build manufacturing and ecosystem here just like you did in China. Or else take a hike. India is becoming a huge market for many car players. We should gradually impose the terms and conditions on auto makers in return for market access.

the real issues is will our guys absorb the technology faster or will take decades and still like to fit the bolt and screw the nut .

I know exactly what this VW saga is CKD vs SKD for the models specified in the report and then we had the CBU bakchodi for direct imports , i remember exactly in 2011-12 period how parts arrived where not cleared by JNPT customs and how aurangabad plant went to hibernate more for week thanks to this CKD(Completely Knocked Down) vs SKD(Semi Knocked Down) imports confusion with customs

they are never going to break over the 4000-5000 threshold market with very limited models and crazily over priced all the in the name of 5* safety rating will not work for ever , Even maruti which always shied away from talking about Crash test just launched Swift Dzire with 5 Star now what will you do kraut bakchods .

its all about your strategy in specific local market based on what the market wants not what you want to sell to market .

 

[Spacemarine]

Hope this doesn't turn into Next Nokia or Vodafone saga..

i know how VW Group works being an insider as former employee but will they be left with just collecting the dues or govt thinking of making extra moolah by charging 2* interest as fine would make or break this company in india .


i have no laaavvvvuuuu for the krauts fuck them for all the moral policing they keep doing us but as industry this will be watched by other foreign brands

Rs 12,000 Crore Bombshell - Skoda Auto Volkswagen India Hit with Massive Tax Evasion Notice

Skoda Auto Volkswagen India Faces Rs 12,000 Crore Tax Evasion Charge; Fines Could Double to Rs 24,000 Crore with Interest

www.rushlane.com

Hopefully this can be resolved in backend no point fckin up the VW group. Ask them for more investments based settlement.win win scenario

 

[ArjunMK1A]

Chinese are smart if you want to do business here you tie up with local partner and they absorb your know how and you make profits on our cheap labour once they grabbed enough they launched their own brands and kicking ass of all these western brands its happen from Elections to Automobiles like how BYD and MG are even challenging the German Trio in EV segment hands down , How Xiaomi, Huawei and Oppo poopo bla bla sell more phones in china and also across asia and europe

chinese are not as mad lunatic western harpers like brown colonial coolies like us if there is domestic brand which has decent quality they embrace it instead of running for american one

We also had similar set up back then when all Two wheeler brands got the benefit of it

Hero-Honda
TVS-Suzuki
Bajaj-Kawasaki

But our dhando mindset didn't absorb the technology and invest in R&D when all these overseas OEM started their own operations they took the chunk of the market from our Desi dhandoos

Hero still can't master 110cc engine

Bajaj can't get its shit in 150-200cc engine and ended up buying stake in KTM and now building bikes for Triumph

TVS with decades of experience ended up as sweat shop for BMW now in making 300cc motorcycles

Electronic brands like Lava Java don't really create great value for money products , just sell low price phones so buy it type .

Well Well Well.

Honda is an Activa company.
Suzuki is an Access 125.
Kawasaki is an failure in Indian market.

Hero already manufactured the liquid cooled 210cc, 250cc engines now, They already have the 440cc Oil Cooled engine. Their EV with Zero will be fully build in India and will be an India Spec product.

Bajaj before KTM manufactured 220cc Air cooled engines for long time. In fact Bajaj inputs in KTM is much deeper which results in mass market manufacturing of KTM in India. Bajaj is a kind of guy who does not have flashy features but bring an product to affordable level.

NS400Z cost just 2 lakhs. You are getting an 40BHP A2 Bike in this price.

TVS - That 310 block is more and more an TVS engine then BMW engine. The initial state of tune is 33bhp 28NM torque.

The current state of tune is basically in the range of 38Bhp with 29NM of torque. BMW will just take that engine and sell it is their platforms. Incremental job is being done in TVS itself. Already the next 450 CC engine will be made in India as per Rumours.

Our 2W wheeler guys were agile enough to upgrade enough to meet the world markets. There is a reason this segments stands tall for decade. We are going to sell bikes in Europe now. TVS, Hero is entering. Bajaj will soon follow the trend if KTM fuck around.

Only in last 2 years we are seeing Chinese manufacturers even the primary one is CF moto who is an tech partner for KTM. Their 500cc were KTM 450 block which was planned for India but later shutdown. (Since it is an A2 segment and we already have 399cc block).

We have RE with 350cc, 440cc, 650cc and 450cc Liquid cooled engines. 750cc on the work.

Chinese manufacturers were targeting Euro brands in Middle weight segment. (500-800). Our market is still not in that phase. When we reach we will see the next change from our Bike Companies. Because India is still the largest two wheeler market in the world. Middle weight segment may arrive in this decade.

 

[Captscooby]

Hopefully this can be resolved in backend no point fckin up the VW group. Ask them for more investments based settlement.win win scenario

Questions is will our quota baboons with 12th Fail and BA English wants to milk the issue to an extent and make it another Nokia saga or use some common sense and give a face saving exit with some mutual benefits

because our administration always act like who ever is caught in our circle lets milk their every single drop of blood , same like how they treat salaried middle class tax players .

lets see what they do

 

[Captscooby]

Well Well Well.

Honda is an Activa company.
Suzuki is an Access 125.
Kawasaki is an failure in Indian market.

Hero already manufactured the liquid cooled 210cc, 250cc engines now, They already have the 440cc Oil Cooled engine. Their EV with Zero will be fully build in India and will be an India Spec product.

Bajaj before KTM manufactured 220cc Air cooled engines for long time. In fact Bajaj inputs in KTM is much deeper which results in mass market manufacturing of KTM in India. Bajaj is a kind of guy who does not have flashy features but bring an product to affordable level.

NS400Z cost just 2 lakhs. You are getting an 40BHP A2 Bike in this price.

TVS - That 310 block is more and more an TVS engine then BMW engine. The initial state of tune is 33bhp 28NM torque.

The current state of tune is basically in the range of 38Bhp with 29NM of torque. BMW will just take that engine and sell it is their platforms. Incremental job is being done in TVS itself. Already the next 450 CC engine will be made in India as per Rumours.

Our 2W wheeler guys were agile enough to upgrade enough to meet the world markets. There is a reason this segments stands tall for decade. We are going to sell bikes in Europe now. TVS, Hero is entering. Bajaj will soon follow the trend if KTM fuck around.

Only in last 2 years we are seeing Chinese manufacturers even the primary one is CF moto who is an tech partner for KTM. Their 500cc were KTM 450 block which was planned for India but later shutdown. (Since it is an A2 segment and we already have 399cc block).

We have RE with 350cc, 440cc, 650cc and 450cc Liquid cooled engines. 750cc on the work.

Chinese manufacturers were targeting Euro brands in Middle weight segment. (500-800). Our market is still not in that phase. When we reach we will see the next change from our Bike Companies. Because India is still the largest two wheeler market in the world. Middle weight segment may arrive in this decade.

I am talking about we investing in R&D and bringing up new products rather than just acting as sweat shop for manufacturing their R&D created products because of cost of production is low and we can scale it up in numbers

I was very specific about Hero -110CC engine because that is the bread and butter for the Hero corp and you can read about the refinement of those engines in all Auto forums ,

Honda on the other hand who was the original engine supplier for Splendor and CD100 is making killing in that segment with its own products ..Honda is not just Activa brand sir though the scooter is contributing chunk of its sale the other 50 % also matters a lot , Because people embraced activa for its refinement Honda is just doing stickering job with 4G to 6G in its new models

Bajaj the second biggest indian brand put together all its offering is not able to match half of Honda sales

are you RE premi then i am not going to break my head as i hate RE and its offerings

Chinese two wheelers are shit they are not getting the traction like what their four wheeler cousins are getting in europe or to an extent in SE Asia only place they may be making some in roads is in Africa where our Bajaj babu plays its games



bajaj

 

[ArjunMK1A]

I am talking about we investing in R&D and bringing up new products rather than just acting as sweat shop for manufacturing their R&D created products because of cost of production is low and we can scale it up in numbers

I was very specific about Hero -110CC engine because that is the bread and butter for the Hero corp and you can read about the refinement of those engines in all Auto forums ,

Honda on the other hand who was the original engine supplier for Splendor and CD100 is making killing in that segment with its own products ..Honda is not just Activa brand sir though the scooter is contributing chunk of its sale the other 50 % also matters a lot , Because people embraced activa for its refinement Honda is just doing stickering job with 4G to 6G in its new models

Bajaj the second biggest indian brand put together all its offering is not able to match half of Honda sales

are you RE premi then i am not going to break my head as i hate RE and its offerings

Chinese two wheelers are shit they are not getting the traction like what their four wheeler cousins are getting in europe or to an extent in SE Asia only place they may be making some in roads is in Africa where our Bajaj babu plays its games

View attachment 16984

bajaj

View attachment 16985

Honda is a one trick pony with Activa. The brand starts very early and have an reputation. They are surviving with Shine in 125 cc segment. They were utter failure in Premium 125cc segment like the ones from Raider, Xtreme 125R, N125 etc. They are also blown out of 150-500cc segment in India against the Pulsars, Apache, Xtremes, REs. On the same sales the Shine 100 is an utter failure against an Splendor which have the same 100cc.

Their spares were costlier and lot of their offerings have serious problem in BS6 Phase 2. Shine bikes have premature failures.

The point is Honda is an struggling to expand their offerings in Indian Market. They tried and failed royally.

Your dislike of REs does not change the fact they manufacture the engines in India and their 350cc is actually an better engine than Honda's CB series. In fact the fit and finish is much better than Honda ones.

Japanese manufacturers in India are already going extinct with their attitude towards our Indian market.
Honda, Suzuki, Yamaha were simply pushed to an one/two bikes. Kawasaki is nowhere in the picture. The market dynamics were changing and they are simply sitting ducks for long time.

 

[Captscooby]

Work hard for years and the when you want to withdraw your hard earned money the baboons will strike back .. 27 % rejections in 2023 which is close to 1.5 crore applications easily , that's huge number of people who are pissed out by the baboobs who just waiting for someone to come and grease their hands so that they can rightfully give whats yours ..

As if this is not enough there is now new drama of Epfo 3.0 something coming next year where govt will remove the 12% limit of employee contribution so that you pour more of your hard earned money into these baboons hands and then die running around in withdrawing it .

Lakhs of crores of hard earned money is now sitting in dungeon guarded by a dragon and the real issue of opposition is constipation under khatre and quota chale jayegi .. if opposition loonies use some brains in raising such issues they get chunk of middle class voters on their side but then they are in even more stupid destruction paths of Alfred Dani japna

 

[shuturmurg]

In 2014 it was a speculative promise from deep state that they would shift all the manufacturing from China to India. Gobhiji took the words seriously and started the make in India initiative instead of investing much in r&d and creating an ecosystem.
10 years later no meaningful manufacturing has been taken out from China and the one that did did not meet the quality that people were expecting.
Russia helped indian economy from 2022 much more than burgericans ever did

Sorry but America can't help those who don't help themselves. It cannot force businesses to go to a particular country. With kind of red tapes, labor and land laws and import tariffs India has, its very hard to setup export oriented businesses to set up here.

Tiny country like South Korea has almost the same manufacturing output as India. Even turkey has half of India's manufacturing output.

America is the only major country with which India has trade surplus. India's services exports is completely dependent on american market. So, don't blame americans. The blame is on India that it cannot attract foreign manufacturing businesses.

 

[FalconSlayers]

30 Years Of Suzhou Industrial Park: How China & Singapore Built A City Together | Full Episode

 

[ezsasa]

Sorry but America can't help those who don't help themselves. It cannot force businesses to go to a particular country. With kind of red tapes, labor and land laws and import tariffs India has, its very hard to setup export oriented businesses to set up here.

Tiny country like South Korea has almost the same manufacturing output as India. Even turkey has half of India's manufacturing output.

America is the only major country with which India has trade surplus. India's services exports is completely dependent on american market. So, don't blame americans. The blame is on India that it cannot attract foreign manufacturing businesses.

tariffs and sanctions is how murica plays the game.

 

[sameer]

We should have had our own Hyundai , Samsung and Hanhwa by now , i am not able to find the tweet which said how the Korean govt put its entire resources in building these corporations and today they are ruling across continents .

today we are phucked because most heavy engineering equipment has to be imported and its all in the control of big boys one is expensive so we cant afford and another is our arch enemy sitting in northern border who can shut the supply any time ..

Its like we are between a Rock and Hard sea always because we don't want to build our own life rafts

Yeah, the Korean government actively pushed their Chaebols and gave them funds to expand abroad because the Korean domestic market itself was quite small to sustain any kind of rapid growth. This naturally forced the Chaebols to innovate because you cannot survive in international markets without extensive R&D.

Ofc, they also got a lot of help from the US govt and other nations with regards to tech transfer and funding, but the seed was planted by their govt. They had a vision of what needed to be done and where to invest.

Even China had an explicit 'go out' policy for their companies as early as the late 90's

Go Out policy - Wikipedia

en.wikipedia.org

Indian gormint must find a way to force these low risk mentality dhandhos to expand and export their products abroad. There should be an explicit policy regarding this and export promotion. Perhaps something like PLI scheme but more geared towards exports.

 

[shauryaman65]

tariffs and sanctions is how murica plays the game.

View attachment 17012

Ugh, now that they have elected this clown for president we will have to hope that his cabinet is smart enough to realise the ramifications of such drastic tariffs and stop such ideas.

 

[randombully]

tariffs and sanctions is how murica plays the game.

View attachment 17012

Now I understand what those american librandu's meant when they said he will destroy US economy.
On one hand I'm happy that US has resisted the woke and that america won't interfere in Bangladesh situation.
But economically his desire to not wanting to compromise will bring ruin for everybody if he actually acts on it

 

[Vishnugupt]

tariffs and sanctions is how murica plays the game.

View attachment 17012

After CAATSA this will be last nail in American coffin.

World is very diverse now. it is impossible to remain pro America from all aspect.

Even American allies will end up in some sort of business with American adversaries.

India had showed a mirror to America in Ukraine war. Soon more countries will join the list.

Once Russian win the war in Ukraine then it will be almost impossible to any country to ignore Russia/China.