Indian Economy

[Suryavanshi]

Mate, are you a prophet or what?

Most people saw it coming

 

[crazywithmath]

https://www.business-standard.com/companies/news/apple-india-bharat-forge-component-manufacturing-deal-125012700162_1.html

 

[FalconSlayers]

New figures are updated. India definitely mogged the world.

List of countries by steel production - Wikipedia

en.wikipedia.org

 

[trombone]

GPU and DRAM with HBM are most important hardwares for AI i think, and Nvidia, ASML, TSMC, Micron are all for these.


View: https://x.com/yanisvaroufakis/status/1883881130614722648?t=QyORj7iUM9BBDQQRuz6V3w&s=19


View: https://x.com/FT/status/1883862479094075581?t=hxqix_b9jV7h0HlzR2NdBQ&s=19


And last hours before 7-day Chinese new year holiday, 3 hours ago:


View: https://x.com/jaredpalmer/status/1883919716986806617?t=M7HaFvbQOx60SuKItFK4kg&s=19


Considering it's a hedge fund, it must be making lots of money by sent Chinese new yr gift.

View: https://youtu.be/V-Fla5hxMRg?si=lcT_W237clmTFJnN

CCP deepstate propping up deepseek has done its homework exceedingly well in terms of funding, hiding the actual usage of 'undisclosed' nvidia chips and hiring top notch local PhDs.

this is a virtual nuking of a weak murica.

 

[trombone]

Vishwacoolie now imports them from actual Vishwagurus
View attachment 23231View attachment 23232

most of the usable stuff in my home are from china/korea/or one of em FE countries

so much for all the hot air

 

[trombone]

Remind me if the trend continues for another year. And what does other companies apart from Nvidia has to do with it?

Oracle: What this company has to do with anything here? Oracle is primarily a software company which sells database licenses and for other applications they make. They are barely correlated anything with AI.

Larry Ellison was standing right next to orangejuice while stargate was announced. plonking money into a project chins have nuked aint gonna go down well on the bourses.

 

[shade2]

Vishwacoolie now imports them from actual Vishwagurus
View attachment 23231View attachment 23232

Dhandhos cannot be arsed to do anything in most cases unless they get carrots from the govt or the stick

Most probably these were manufactured by single ODM and Companies across the world slap an sticker. Similar to how Midea is in AC. They manufacture for some 80% of AC Companies.

Target is to get an ODM to do this manufacturing. PLI may some things for this.

Midea also makes most of the world's microwaves.
IFB iirc produces washing machines in their plant in Goa

 

[Knowitall]

Redacted has completely lost it and has turned mao incarnate over time.

We have china releasing deepseek building in house chips breaching the 14 and 7nm chips sector. An extremely durable automobile and tech industry. We have america on the other hand pouring billions in AI creating world class chip infrastructure and the we have a duffer of an FM here.


View: https://x.com/saiarav/status/1883908353274872165?s=46

Make no mistake social raj is back in business and people better prepare for it.

 

[darkflame]

Vishwalodu has completely lost it and has turned mao incarnate over time.

We have china releasing deepseek building in house chips breaching the 14 and 7nm chips sector. An extremely durable automobile and tech industry. We have america on the other hand pouring billions in AI creating world class chip infrastructure and the we have a duffer of an FM here.


View: https://x.com/saiarav/status/1883908353274872165?s=46

Make no mistake social raj is back in business and people better prepare for it.

nothing wrong in putting money in PSUs just look how many succesful PSUs china have , what we need is better managment in these firms so that they could compete with private firms and earn profit if gov is investing billions in these firms they must have some plans , now don't start saying baboons cant manage firms since most of our large firms are psus either way.

 

[shade2]

Vishwalodu has completely lost it and has turned mao incarnate over time.

We have china releasing deepseek building in house chips breaching the 14 and 7nm chips sector. An extremely durable automobile and tech industry. We have america on the other hand pouring billions in AI creating world class chip infrastructure and the we have a duffer of an FM here.


View: https://x.com/saiarav/status/1883908353274872165?s=46

Make no mistake social raj is back in business and people better prepare for it.

Nobody wants to buy these meme PSUs.
You saw what is happening to Tata while attempting to de-chai&samosa-fi Air India, and that is actually useful.
Dhandhos would fall over each other to buy the Big 3 Oil PSUs meanwhile but Govt won't sell them ever, who sells golden goose?

nothing wrong in putting money in PSUs just look how many succesful PSUs china have , what we need is better managment in these firms so that they could compete with private firms and earn profit if gov is investing billions in these firms they must have some plans , now don't start saying baboons cant manage firms since most of our large firms are psus either way.

Agree with this but absolutely what is the point in retaining something like Pawan Hans
Atleast something like those fertilizer PSUs mentioned in article i can understand.

Govt should chad-up the PSUs in strategic sectors but leave all meme sectors like "helicopter operation"

I am actually for PSU for fabricating chips, building airplanes( in cooperation with Boeing/Airbus, not NAL lol ) like how Maruti Udyog was in the past, once this fab/factory gains market share it can be slowly privatized if necessary.

 

[darkflame]

most of the usable stuff in my home are from china/korea/or one of em FE countries

so much for all the hot air

india's exports have surpassed sk and will soon surpass japan in coming years
https://en.wikipedia.org/wiki/List_of_countries_by_exports
india's export to GDP ratio is also better then both china ans s.k which means we are more industrialized respective to our economy then they are with theirs.

 

[shade2]

india's exports have surpassed sk and will soon surpass japan in coming years
https://en.wikipedia.org/wiki/List_of_countries_by_exports
india's export to GDP ratio is also better then both china ans s.k which means we are more industrialized respective to our economy then they are with theirs.

Chings have breadth of all kinds of exports and BTS, Animes have depth of exports of high tech items( including glue-sticks that Indian import-khor dhandhos can't make domestically apparently )

Hamara toh it's so-so, no depth and not enough breadth.
Inshallah it may change in the future with evolving geopoliteeks.

 

[bakofbakchod]

Vishwalodu has completely lost it and has turned mao incarnate over time.

We have china releasing deepseek building in house chips breaching the 14 and 7nm chips sector. An extremely durable automobile and tech industry. We have america on the other hand pouring billions in AI creating world class chip infrastructure and the we have a duffer of an FM here.


View: https://x.com/saiarav/status/1883908353274872165?s=46

Make no mistake social raj is back in business and people better prepare for it.

kuch bhi. a few on your list are very profitable. India needs more state capacity, not less. NBCC is for example is probably one of the biggest real estate companies in NCR. They should instead remove job security, or remove it for new employees and make them function closer to private companies

 

[shade2]

New figures are updated. India definitely mogged the world.

List of countries by steel production - Wikipedia

en.wikipedia.org

Gaps in production are still there in some grades of steel which are imported.

I mean some of these are fixed, ironically by PSUs like all our steel going in the navy ships comes from them, which they made because Roosi couldn't provide warship-grade steel to us for INS Vikrant iirc.

I know warship-grade steel is not a major production/export quantity but just giving an example.

 

[sauntheninja]

Nobody wants to buy these meme PSUs.
You saw what is happening to Tata while attempting to de-chai&samosa-fi Air India, and that is actually useful.
Dhandhos would fall over each other to buy the Big 3 Oil PSUs meanwhile but Govt won't sell them ever, who sells golden goose?



Agree with this but absolutely what is the point in retaining something like Pawan Hans
Atleast something like those fertilizer PSUs mentioned in article i can understand.

Govt should chad-up the PSUs in strategic sectors but leave all meme sectors like "helicopter operation"

I am actually for PSU for fabricating chips, building airplanes( in cooperation with Boeing/Airbus, not NAL lol ) like how Maruti Udyog was in the past, once this fab/factory gains market share it can be slowly privatized if necessary.

We have lost the information warfare. If no one wants these PSU's in an ideal scenario we should close them but closing any PSU's and the media/opposition would move for the kill, They would take over social media, news channel showing the job losses which occurred due to this move

 

[concard]

We have lost the information warfare. If no one wants these PSU's in an ideal scenario we should close them but closing any PSU's and the media/opposition would move for the kill, They would take over social media, news channel showing the job losses which occurred due to this move

I don't know. But I get a feeling of Vajpayee years. Vajpayee sold the ones which could not be fixed. Some PSU's were divested to some extent. But most PSU's during his term were starting to become efficient and even generate profits. Example BSNL and Air India. Both were churning out modest profits when he left office in 2004. Only for bastards in UPA to ruin Air India by asking them to buy aircrafts they did not need and DMK scum from TN to ruin BSNL in 2G scam. Both haramis were voted by the TN people and these same morons cry about their taxes being looted by the North.

 

[crazywithmath]

We have lost the information warfare. If no one wants these PSU's in an ideal scenario we should close them

They are being killed gradually. @Suryavanshi shared some insights some pages back.

Vishwalodu has completely lost it and has turned mao incarnate over time.

We have china releasing deepseek building in house chips breaching the 14 and 7nm chips sector. An extremely durable automobile and tech industry. We have america on the other hand pouring billions in AI creating world class chip infrastructure and the we have a duffer of an FM here.


View: https://x.com/saiarav/status/1883908353274872165?s=46

Make no mistake social raj is back in business and people better prepare for it.

Why would anyone revive Pawan Hans? Makes no sense.

As I wrote, Reuters and Gooomberg have developed this habit of 'leaking' sensational BS citing unnamed sources;

Take these reports with a pinch of salt. I can understand pouring money into some infra/banking/energy PSUs but Pawan Hans? Gormint has been cutting down on PSUs since 2014 - will be a massive u-turn, if true.

I am sorry but given how they propped up their 'source' based articles speculating on the imminent arrival of Tesla/Starlink and the gormint cozying up to them (only to be proven totally wrong later) it is only natural to be skeptical of their 'leaks'...

EDIT: Some folks are saying this has to do something with their 'reduced' mandate! Hard to believe tbh. They even held their own against Nitishwa and CBN when they were seeking financial 'concessions' for their respective state gormints in exchange for being 'good allies'. And now, NaMo the eternal fiscal conservative, is suddenly under political pressure having secured back to back state election victories and a near majority at the RS?

Their disinvestment target is a flop show, btw. Not denying it.

 

[Knowitall]

kuch bhi. a few on your list are very profitable. India needs more state capacity, not less. NBCC is for example is probably one of the biggest real estate companies in NCR. They should instead remove job security, or remove it for new employees and make them function closer to private companies

There are over 270 PSU’s in India ofcourse a few critical ones will be profitable. Rest are just money guzzling useless orgs wasting critical resources and treasury.

They should fire employees?

Isn’t that the entire point of privatisation. Govt doesn’t have the aukaat to do fire them not their fault dehatis will swarm the street. The next most logical option is to simply sell them to someone who then operates it like any other private firm.

 

[crazywithmath]

Nobody wants to buy these meme PSUs.
You saw what is happening to Tata while attempting to de-chai&samosa-fi Air India, and that is actually useful.
Dhandhos would fall over each other to buy the Big 3 Oil PSUs meanwhile but Govt won't sell them ever, who sells golden goose?

Selling stakes in BEML, BHEL, SAIL etc is not that difficult (they were trying to do this in 2021 but gave up on it, eventually) - they don't have to sell 100% of it. Gradual disinvestments would do.

Not to forget the asset monetizatiom bit. Lots of these PSUs have underused/unused land parcels at prime locations across major cities. Lot of value can be unlocked by handing/leasing them over.

It is not being done (despite the keenness of the incumbent) because the FM is a useless nobody and not everything can be micromanaged by the PMO.

Look how IDBi stake sale is getting delayed. If you question the Ministers they will come up with weird arguments like 'muh timing the sale is important', 'unfavorable market sentiments reee' etc to hide their incompetence.

Honestly, have given up on it. This is what happens when you stuff your cabinet with 'loyalists' instead of actual performers.

 

[FalconSlayers]

Gaps in production are still there in some grades of steel which are imported.

I mean some of these are fixed, ironically by PSUs like all our steel going in the navy ships comes from them, which they made because Roosi couldn't provide warship-grade steel to us for INS Vikrant iirc.

I know warship-grade steel is not a major production/export quantity but just giving an example.

Pipelines are there. Jindals are building a CRGO steel plant.

https://www.financialexpress.com/business/industry-jsw-steels-crgo-project-to-cost-rs-5500-crore-3197362/

Funny enough, these guys (JV) aquired Thyssenkrupp's CRGO steel plant and might expand it.

JSW Steel and JFE Steel to acquire 100% stake in thyssenkrupp Electrical Steel India

JSW Steel has obtained approval to acquire a full equity stake in thyssenkrupp Electrical Steel India via a joint venture with JFE Steel of Japan. The transaction aims to bolster JSW's presence in the electrical steel market, supporting industries such as renewable energy and electric vehicles...

economictimes.indiatimes.com

I don't know much about other steel grades, but CRGO is one of the major ones we import.