Indo-China Border & LAC

Ultraman said:

i cant buy 15 rupee item from aliexpress , but ambanis can import this cheap garbage into our country wholesale.

just hard lobbying by mukesh or we really going for hindi-chini bhai bhai
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👇

phakepraful said:
www.ft.com

Reliance seeks retail dominance in India with comeback deal for Shein

Subcontinent’s biggest company will help Chinese fast-fashion group return with online licensing agreement
www.ft.com www.ft.com

"As part of the licence agreement, which was recently approved by the government, Shein will receive a percentage of profits generated from its fast fashion sales in India, people familiar with the deal said, while Reliance will help Shein build a supply chain with India’s garment industry for global exports."

India’s biggest company Reliance Industries is seeking to dominate the country’s $10bn online domestic fashion market, striking a deal with Shein that will allow the rapidly growing Chinese retailer to return to the world’s most populous nation.

The retail unit of billionaire Mukesh Ambani’s petrol-to-telecoms conglomerate will tie up with Shein three years after India banned the online retailer’s app in its attempt to freeze Chinese companies out of the local market in retaliation for border clashes that had left at least 20 Indian soldiers dead.

“We can confirm Shein’s partnership with Reliance Retail and have no additional comment at this time,” said Shein, declining to answer questions about the structure of the deal. Reliance did not respond to queries about the partnership, which was first reported by the Wall Street Journal.

The addition of a low-priced offering gives India’s biggest listed company by market capitalisation an important boost in its battle to dominate the country’s growing online fashion retail market, which was worth $10bn in 2022, according to analyst estimates.

As part of the licence agreement, which was recently approved by the government, Shein will receive a percentage of profits generated from its fast fashion sales in India, people familiar with the deal said, while Reliance will help Shein build a supply chain with India’s garment industry for global exports.

The move into Indian sourcing comes as Shein diversifies its supply chain outside the coastal province of Guangdong in southern China, where it has 8,000 suppliers, mostly located in the garment hub of Panyu. Pandemic-era supply chain bottlenecks, rising labour costs in China and geopolitical tensions between Beijing and Washington have propelled multinational companies, including Apple and clothing retailer Mango, to migrate parts of their supply chains out of the country.

Shein, which does not sell in China, has been seeking to distance itself from its home country. Last year, it made its Singapore arm the de facto holding company, rapidly expanding its workforce there and shifting some of its operations from its China headquarters in Nanjing.

Shein will seek to minimise delivery times by having more manufacturing centres around the world. India, meanwhile, hopes to benefit from multinationals’ “China plus one” movement, a strategy that seeks to avoid investing only in China and aims to diversify supply chains to other countries.

Reliance has signed agreements with international luxury brands ranging from Balenciaga to Burberry, catering to India’s small but growing demographic of super-rich consumers. In addition, it has nearly 13,000 bricks-and-mortar stores across the country selling affordable apparel.

“Reliance’s other international brand partnerships are more premium, being luxury or designer brands,” said Devangshu Dutta, chief executive of consultant Third Eyesight. “India is still a relatively low per capita income economy. The bigger opportunity is in brands which are euphemistically called value brands, and that’s where Shein is positioned.”

For Shein, access to the Indian market will allow the company to boost sales as the pace of its expansion in Europe and the US begins to lose steam, according to people briefed on its growth figures.

The Financial Times reported that in a recent presentation to investors, Shein forecast that gross merchandise value — the total value of merchandise sold on its platform — will almost triple by 2025 to $80.6bn compared with the figure last year.

The lofty revenue projections come ahead of a much anticipated initial public offering, which promises to be one of the largest listings of a Chinese-founded company in years.

In fashion ecommerce, Reliance lags behind Myntra, one of India’s oldest ecommerce players, which merged with Walmart-backed Flipkart in 2014. Myntra accounts for around half of the online fashion market in India, according to Satish Meena, an independent ecommerce analyst based in Gurgaon.

“Myntra is the nucleus” for online fashion, said Ankur Bisen, senior partner at retail consultancy Technopak Advisors, adding that its “cohort” of shoppers is primarily young and urban. “With the Reliance and Shein partnership, they would like to get into this cohort and break the monopoly of Myntra,” Bisen said.

Meena estimates that Reliance’s ecommerce fashion business Ajio has about 4 per cent of market share, while Bisen put Ajio among the “long tail” of ecommerce fashion ventures behind Myntra. Reliance’s JioMart online shop also sells clothes, alongside groceries and electronics.

“If you look at Reliance as a company, it’s about dominance and it’s about long term,” Dutta said.
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Ultraman said:

i cant buy 15 rupee item from aliexpress , but ambanis can import this cheap garbage into our country wholesale.

just hard lobbying by mukesh or we really going for hindi-chini bhai bhai
Click to expand...
Yeah , well this is Modi + SJS's pivot to the Chinese when pressure from the west especially the US gets too hot to handle. How long will this journeying on two boats continue is anyone's guess but as somebody remarked on this thread (?) pretty early on , that getting surprised every now & then is an old tradition with us .
 
Azaad said:
Yeah , well this is Modi + SJS's pivot to the Chinese when pressure from the west especially the US gets too hot to handle. How long will this journeying on two boats continue is anyone's guess but as somebody remarked on this thread (?) pretty early on , that getting surprised every now & then is an old tradition with us .
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But reliance also got exception from usa to import oil from Venezuela
 
Ultraman said:

View: https://twitter.com/arunachaltimes_/status/1816872159110922705

View: https://twitter.com/arunachaltimes_/status/1817201361416790458

heavy rains and all the infra starts falling apart . it takes months for bureaucracy to fix anything

hopefully BRO is faster than this , what will situation be after china starts taking out all the bridges near LAC .1 deciding factor will be how fast bro can put back bridges
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Heavy flash rains seems to be common now in India, overwhelming the infra, especially the drainage seems to no cope with these short burst of intense rainfall. It has to be taken into account even if it would be helpful just for those few days in the year. Otherwise rebuild costs just brings us to square one even if its more expensive to make such infra for such volatile climate.
 
mist_consecutive said:
Modi's nariyal paani with Xi in 2019 was in the same gesture. And then the next year we get invaded in Ladakh.
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The border incursions of 2020-21 were the first major India-China military confrontation after 1967. This allowed China to gauge India's military preparedness and diplomatic response.

Now that China has got sufficient understanding of India's preparedness and response, it will guided by that knowledge to shape it's future Geo-political and military maneuvers against India.

A military stalemate always favors the stronger side, and China was not too keen to engage India at the beginning. China's coming around for serious dialog suggests that China feels vulnerable and constrained due to the side effects of the border situation.

India will not trust China's intentions, however India will certainly accept a concrete bilateral arrangement that ensures peace and restoration of the pre-April-2020 status-quo at the LAC for the next 10-15 years.

India will ask China to restore ‘Status Quo Ante’ along LAC​


Those years of peace are crucial for India to grow big enough to achieve an effective economic and military deterrence against China. This will provide China some breathing space on the South China Sea front (and Taiwan). A win-win for the two sides.
 
Chinese & Pakistanis together

Chinese and Pakistanis have backed India into a corner. Their main purpose is to corner India and dismember it.

Realizing this since sixty and seventies, India exploded a tiny nuclear bomb in 1974 and in 1970 signed a strategic co-operation treaty with Soviet Union. The treaty prevented US interference in 1971 Bangladesh war. The Soviets stopped the Americans from interfere.

In 1989, Pakistanis had stolen enough data, drawings and electronic material that they can build an atom bomb. They exploded it in 1998 to demonstrate when India exploded its Hydrogen Bomb and Atomic bomb.

That changed the equation. The Kargil War started in 1999, in which Pakistani lost and also Chinese did not interfere. They were not ready.

In last 25 years, the Pakistanis offered to Chinese all the advantages including economic advantage for joint strategic cooperation to corner India. It has worked to both countries advantage. Their cooperation is India’s disadvantage. Facing two serious enemies hell bent on breaking up India is least type of situation India wishes to be.

At American behest an Idea of QUAD was born in 2016. Although, it was anti- China Pacific Ocean move but for India, it was an advantage to prevent China in Indian Ocean.

Good move for India, but the American asked for a price that is India disconnect with Russia. That was unacceptable to India. Hence America showed up with unpleasantness with India. Then came the Ukraine war. There was huge enthusiasm to beat up Russia permanently. It did not work out that way. India did not support whole heartedly America which lead to less and less US interest in India.

With that situation, with no friend left except Russia who is without an economic clout, India has been backed into a corner. The ever increasing Pakistani nuclear arsenal and China on its side, Pakistan, although bankrupt is emboldened. They are organizing bigger and bigger terrorist activities in Kashmir. Chinese on their part are maintaining a psychological pressure of 1000 stealth fighters etc., they are in no position to stage a 1962 type of operation. Unlike in 1962 India is fully prepared for anything with equal number of troops and newer and newer infrastructure being completed. That puts Chinese at disadvantage which forces them to climb mountain and come thru narrow passes at 14,000 to 18,000 feet. Indian troops and artillery is already waiting for them. Hence, they would never come but maintain psychological pressure. Their advantage is to encourage Pakistan, but Pakistani bankruptcy is to India’s advantage.

Hence, as I said that India has been backed into a corner. There will be no QUAD; just talks only to form it. No other ally exists to back India. India is alone. There is only one good thing that Indian economy is rapidly rising that means that India will spend more on defence.
 
Quad was never real in the first place. It was just glamorous glittering marketing for the masses to swallow. India is not willing to pay the price that US is asking and US really don’t want to put up with the costs of doing so. It has its hands full with Israel, NATO, Japan, South Korea, and Taiwan.
 
Those in Indian leadership and experts in foreign policy think that China with 4 times of Indian economy, having 2 times more military might than India and massive industrial complexes invaded in Ladakh to withdraw are big time jokers. They are big mouths and PR hungry people.

China will not withdraw and and after a decade they will repeat this again and take few more sq kms of land, without escalating the situation and keeping it low profile to avoid international observation.
 
Screambowl said:
Those in Indian leadership and experts in foreign policy think that China with 4 times of Indian economy, having 2 times more military might than India and massive industrial complexes invaded in Ladakh to withdraw are big time jokers. They are big mouths and PR hungry people.

China will not withdraw and and after a decade they will repeat this again and take few more sq kms of land, without escalating the situation and keeping it low profile to avoid international observation.
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No neither Indian leadership thinking this nor Chinese will withdraw from confrontation points
If we would have thought of former then we wouldn't have increased budget of BRO
And China's objective wasn't to occupy our land or advantageous points coz if it was then they have failed
Rather they are constantly checking India's military and diplomatic capabilities they have been doing it since 80s and will continue to do before they go for final thrust ensuring their complete dominance on battlefield and with minimum damage on their side
Our purpose of settling this issue even though knowing no withdrawals of troops will happen on friction points is to light up loc after August
Things are worse in that region than it appears
It's just process of delaying our battle with china
Engage them in talks let the propaganda of peace flow and put something juicy on table
 
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