Indian Economy

[shuturmurg]

Around 41 mins mark, this analyst at DBS mentions that foxcon executives are pleasantly surprised that yield in apple plant in India is almost as good as China. Foxconn executives hadn't expected it, they thought even if yield is lower, it will offset the tariffs on china by US, but India has almost matched chinese yield.


View: https://www.youtube.com/watch?v=aFoUvrSYHvo

 

[ezsasa]

A combination of belt treatment and incentives has worked very well in the electronics sector. It will work here too. Slap tariffs/anti dumping duties and dhandhos will fall in line - they have to, anyway! I know there is the question of national security involved here but even if viewed from a simple market access pov, we don't have to feel bad about treating chong exports unfairly because chongs do it all the time.

Speaking about TRAI, telcos have introduced cheaper calling/SMS only plans, no?

on this TRAI thing..

unbundling of services is now a feature in India's digital regulatory space.

few other areas unbundling has happened so far:

- mobile number portability
- Aadhaar
- ONDC
- OTT set top box

during UPA, TRAI said a consumer can carry their mobile number from one network to another cellular network.

aadhaar was originally planned as one ID for all systems, but later changed to authentication system for all other IDs.

ONDC, splits e-commerce supply chain process into pieces. instead of one private player owning the entire supply chain, now consumer can choose services which gives more value.

a few years back, channels in set top box used to come in one package. now we can choose which channel we can pay for instead of paying for bundle of channels we don't watch.

i suspect this is regulatory way of ensuring monopolies do not get entrenched.

 

[FalconSlayers]

Really sad

View: https://youtu.be/yFXuqswFt-E?si=PJnpCFTnslRvSU7R

 

[jaijaganath]

Shein app relaunches in India with Reliance partnership https://techcrunch.com/2025/02/01/shein-app-returns-to-india-via-reliance-deal/

 

[sauntheninja]

Bangladesh has GSP+ from EU. Sri Lanka also has a lot of textile exports, I checked and they too have GSP from USA and GSP+ from EU. It is given to LDCs/primitive economies by USA and EU with preferred market access. Our entire neighbourhood has it, we too used to have that at some point but we no longer do as they consider us "developed" economy now.

If Vietnam does not have GSP and they are still able to attract textile manufactures in the country is it just due to labor and land laws plus can UP, Bihar industrial parks (Outside Noida) guarantee 24x7 electricity and a good law and order situation plus a extensive road network to export goods (They have to at least reach the nearest port)

 

[shade2]

Shein app relaunches in India with Reliance partnership https://techcrunch.com/2025/02/01/shein-app-returns-to-india-via-reliance-deal/

Good we are using the Chinese model here against Chinkas

 

[Ajatshatru]

Govt approves 2nd airport for Patna with civilian enclave at Bihta; Bagdogra new terminal also gets nod - The Times of India

India Business News: NEW DELHI: Patna will finally get a hugely-delayed second civilian airport at the nearby Bihta IAF base.

timesofindia.indiatimes.com

Spanning 66,000 sqm, the terminal is designed to handle 3,000 Peak Hour Passengers (PHP) and cater to 50 lakh passengers annually, with provisions to expand capacity to one crore passengers per annum in the future.

 

[Ajatshatru]

The first phase of the Patna Metro spans 32 kilometers, while the second phase is expected to cover 28 kilometers, extending connectivity to Bihta and Arrah. This will result in a total metro network of approximately 60 kilometers in the future.

Metro Expansion from Ara to Bihta Proposed, Promising 14 Stations and Enhanced Connectivity for Bihar.

Ara to Bihta Metro Line Proposal The Mayor of Ara Municipal Corporation, Indu Devi, has formally requested Chief Minister Nitish

hellorail.in

 

[shade2]

Govt approves 2nd airport for Patna with civilian enclave at Bihta; Bagdogra new terminal also gets nod - The Times of India

India Business News: NEW DELHI: Patna will finally get a hugely-delayed second civilian airport at the nearby Bihta IAF base.

timesofindia.indiatimes.com

Spanning 66,000 sqm, the terminal is designed to handle 3,000 Peak Hour Passengers (PHP) and cater to 50 lakh passengers annually, with provisions to expand capacity to one crore passengers per annum in the future.

Patna airport currently




Nibbiars weren't joking when they said the Patna Airport looks like a train station

 

[Ajatshatru]

Patna airport currently

View attachment 23852


Nibbiars weren't joking when they said the Patna Airport looks like a train station

Patna Airport was built 60 years ago, so its outdated appearance is not surprising. In fact, many newly built railway stations and bus terminals in Bihar itself look far more modern than Patna Airport and several other airports in the country. However, a new terminal is currently under construction at Patna Airport, featuring a contemporary design.

 

[Ajatshatru]

One important thing to remember is that Bihta Airport and Patna Airport are not the same. Bihta Airport is located 35 kilometers from Patna and is a brownfield airport. It previously served as an Air Force base and is now being converted into an international airport, making it the second airport of Patna.
Here is the proposed design of Bihta Airport

 

[Indianhawk]

Around 41 mins mark, this analyst at DBS mentions that foxcon executives are pleasantly surprised that yield in apple plant in India is almost as good as China. Foxconn executives hadn't expected it, they thought even if yield is lower, it will offset the tariffs on china by US, but India has almost matched chinese yield.


View: https://www.youtube.com/watch?v=aFoUvrSYHvo

India is pretty sorted for any high skilled manufacturing. Because of educated work force and heavy engineering bench strength.

We suck at low end manufacturing because of outdated labour and industrial laws. Plus our low skilled/ unskilled labour need formal education to some degree.

 

[Ajatshatru]

In her budget speech, Nirmala Sitharaman announced that, in addition to a brownfield airport in Bihta, Greenfield airports will be built in Bihar. But she did not specify the locations, I believe these airports could be in Raxaul, Bhagalpur, Muzaffarpur, Purnia, and Chhapra, with the possibility of one in Rajgir as well.

 

[shuturmurg]

Good we are using the Chinese model here against Chinkas

This is not Chinese model. Chinese model is more like forcing MG motors to tie up with JSW and force them to operate factory jointly, so that workforce gets trained, best manufacturing practices are transferred and if needed in future we can kick out their 50% stake.

Unless this deal involves Shein sourcing clothes from India, I don't know how this is beneficial to India.

 

[iNorthernerOn9]

In her budget speech, Nirmala Sitharaman announced that, in addition to a brownfield airport in Bihta, Greenfield airports will be built in Bihar. But she did not specify the locations, I believe these airports could be in Raxaul, Bhagalpur, Muzaffarpur, Purnia, and Chhapra, with the possibility of one in Rajgir as well.

With Nitish Kumar at helm... Nalanda is never an option but a choice.

 

[eastern_bhartiya]

We actually lack what I would like to call "high skill blue collar" job schools here in Bharat, stuff like heavy machine operator, specialized machine operator, mining operator, etc. in west these jobs sometimes start with way more salary than even cushy white collar jobs. A lot of students that are not good in PCM should have options to join these sector, if we didn't had stigma for manual labour.

Plus adding to this I remembered some podcast I watched like few months ago that said how Indian heat also negatively affects productivity of masses, like in Singapore LKY once said that AC had huge role in their development cause they're a tropical island nation, its not the only example here, alot of US states along California Texas arid area were pretty hostile to human habitation cause of heat until AC came along, I feel same can be done here. I will never understand mentality of Not having AC in workplaces, people underestimate how much productivity loss there is from Indian heat that lasts like 8 months nowadays even through monsoons. Leave AC few years ago ( even now tbh ) most of our schools don't have working fans outside admin offices. Kind of a thing that will get ignored by most people but has very real impact on overall economy.

 

[fire starter]

View: https://x.com/Harinderindi22/status/1885966127727018127?t=Xl37BwAYu6MeR0wJ-Em45A&s=19

 

[eastern_bhartiya]

View: https://x.com/Harinderindi22/status/1885966127727018127?t=Xl37BwAYu6MeR0wJ-Em45A&s=19

Lets hope most of it actually goes to R&D and doesn't get vanished under the reasoning for "Administrative costs".

 

[ezsasa]

Lets hope most of it actually goes to R&D and doesn't get vanished under the reasoning for "Administrative costs".

20,000 cr is being earmarked for research loans, perhaps into some dedicated R&D fund of funds kind of setup.

 

[shuturmurg]

Lets hope most of it actually goes to R&D and doesn't get vanished under the reasoning for "Administrative costs".

Biggest problem in R&D is our companies don't spend in R&D at all. Only 36% of R&D spending in India is by private companies, in USA its 75% and 77% in China. We need to maybe give tax rebates for companies spending on R&D.

India's R&D investment lags behind global peers, private sector involvement low: Economic Survey

The Economic Survey 2023-24 highlights India's progress in R&D, noting a significant increase in patents and improved global rankings. However, the countrys R&D investment as a percentage of GDP remains low compared to global leaders like China, the US, and Israel. The survey emphasizes the need...

economictimes.indiatimes.com