Indian Economy

[Blademaster]

White labeling should be punished severely with fines.

Recently in YouTube lava phones had made in India battery by an Indian company stickers.

Guy removed the top layer. There comes the truth bomb. Manufactured in China by ching Chong Jun boon company.

Entire Babus were taken for the ride by these new companies

Those companies need to be fined in treble damages as a message.

 

[ezsasa]

what does this meant to India ?

my guess would be, as long as India behaves like a good boy, AI data centres with proprietary murican I.P will be allowed to be setup here.

 

[TopWatcher]

my guess would be, as long as India behaves like a good boy, AI data centres with proprietary murican I.P will be allowed to be setup here.

koi nahin...we always play as good boy

 

[Anants]

my guess would be, as long as India behaves like a good boy, AI data centres with proprietary murican I.P will be allowed to be setup here.

India has been kept in yellow category - which means cutting edge AI chips shall be denied to India. Its same 80's aka CrayX saga. Time for CDAC, IIT's to shape up and meet challenge once again. While Indian Govt must reciprocate with strict Data localization laws.

 

[SKC]

White labeling should be punished severely with fines.

Recently in YouTube lava phones had made in India battery by an Indian company stickers.

Guy removed the top layer. There comes the truth bomb. Manufactured in China by ching Chong Jun boon company.

Entire Babus were taken for the ride by these new companies

Not all individual components are made in India or can be made in India. We have to procure them from several suppliers around the world (mostly from South-East/East Asia).
Just be upfront about the components that are imported and what stuff is made in house.​

 

[shade2]

Not all individual components are made in India or can be made in India. We have to procure them from several suppliers around the world (mostly from South-East/East Asia).
Just be upfront about the components that are imported and what stuff is made in house.​

My dude they are cheating by just putting stickers of MaDe In InDia on ching chong batteries.
It's not even like they got the li-on cells from ching chong, then assembled it into plastic case in their indian factory or anything

Pols, Babus all involved must come heavily upon such scammers.

India has been kept in yellow category - which means cutting edge AI chips shall be denied to India. Its same 80's aka CrayX saga. Time for CDAC, IIT's to shape up and meet challenge once again. While Indian Govt must reciprocate with strict Data localization laws.

If there is a pressing requirement then the chips can be smuggled into the country, that's what Chinese do, even for them not everything can be indegenized at the cutting edge

 

[Anants]

If there is a pressing requirement then the chips can be smuggled into the country, that's what Chinese do, even for them not everything can be indegenized at the cutting edge

What makes you think India has not done before. India got microcontrollers in 90s-2000s apparently this way.

but I think current set of Govts especially post liberalization are too cautious too deal with US. Check how every official in govt went to please US accusations. I mean US supplied timers , weapons and interferes openly in our democracy yet we have not been able to call spade a spade.

Why is our industrialists and Babooze to politicians have put their future eggs/hatchlings in Western countries? Seriousness about country starts decreasing as you go from top to bottom in Country.

 

[Ajatshatru]

India has almost eliminated extreme poverty, with only 2.2 per cent of its population living below the World Bank's poverty line.​

The study shows that at the $1.90 PPP poverty line, the percentage of people in poverty has significantly dropped from 12.2 per cent to 2.2 per cent over the past decade. The reduction in poverty is even more pronounced at the $3.20 PPP line, where it has fallen from 53.6 per cent to 16.4 per cent.

India’s triumph over poverty: A decade of transformation

India has almost eliminated extreme poverty, with only 2.2 per cent of its population living below the World Bank's poverty line.

www.indiatoday.in

 

[SKC]

My dude they are cheating by just putting stickers of MaDe In InDia on ching chong batteries.
It's not even like they got the li-on cells from ching chong, then assembled it into plastic case in their indian factory or anything

Pols, Babus all involved must come heavily upon such scammers.

The Cell phone batteries are not like your EV batteries made by assembling the cylindrical Li-ion cells. These are sheet-based batteries in compact form. It is almost impossible currently to make them inhouse and have to procure from established vendors. These companies do not need to claim made in India for such products at all. They are trying to fool the babus and get the tax benefits or the incentives by claiming high content of Indian made components.​

 

[Azaad]

View: https://youtu.be/MnTQ9wYm1fI?si=HuNNJsz8jyqFF9BF

Interesting podcast featuring Rama Bijapurkar interviewed by Govind Ethiraj on understanding India's household consumption patterns.

 

[Cyclops]

I am pretty sure Indians can make excellent bags at this price, but when greed takes over, and there's zero oversight from the government... This is the natural outcome


View: https://x.com/MhaskarChief/status/1879028378705310148?t=eSjwCTq_SBvTI-xVoUGLUw&s=19

I'm sure they can but, among other issues, the ecosystem is designed to fk with entrepreneurs.



I bet a whole lot of entrepreneurs and business owners are simply forced to take the safest route and import from China.

 

[Aaj Ka Hero]

https://swarajyamag.com/economics/the-state-of-indias-states-here-are-the-prime-movers-the-steady-climbers-and-the-economic-laggards

 

[Cheepek]

Can you explain this for a layman?? What are VEU authorizations?

License to import AI models etc