India to be world’s factory hub, says Samsung's president & CEO

Discussion in 'Economy & Infrastructure' started by Srinivas_K, Aug 18, 2014.

  1. Srinivas_K

    Srinivas_K Senior Member Senior Member

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    India to be world’s factory hub, says Samsung's president & CEO BD Park

    NEW DELHI: South Korean giant Samsung, among the top multinational companies with major manufacturing operations in India, says the country is set to become the next global factory as China loses its competitive edge, given the available talent and need for job creation in Asia's third-largest economy. "China is losing the competitiveness very rapidly today," BD Park, Samsung's president and CEO for South West Asia, told ET.

    "Labour costs are rising and as they become richer, their cur ..

    Read more at:
    India to be world’s factory hub, says Samsung's president & CEO BD Park - The Economic Times
     
    Last edited: Aug 18, 2014
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  3. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    China would not find this news very heartening.
     
  4. nimo_cn

    nimo_cn Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    more sweatshops in India?

    Sent from my HUAWEI T8951 using Tapatalk 2
     
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  5. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    Maybe.

    Just like China.

    Feeling blue, are you that your economic hegemony has been shattered?

    The complete SE Asia and India and even Japan shall rise as a powerhouse in the world!

    The silver lining is that, with China losing out, the chinese people, used to the windfall of an economic boost, will be restive and furious.

    Another Mao shall be politically born and there will be a Revolution!

    A new 'Warring Period' will emerge in Chinese history!
     
    Last edited: Aug 18, 2014
  6. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    How? China is still has the fastest growth rate among major economies.

    cool story, bro.
     
  7. sob

    sob Moderator Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    they are moving up the value chain.

    You will find more Chinese companies are building global brands.
     
  8. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    I think we have heard that kind of words for decades.
     
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  9. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    It is the view of a non Indian.

    A country that is full of innovations and a challenge to all industrialised nations. And interestingly, without a sausage of natural resources!

    Likewise Japan!

    India was insular and so nothing happened.

    It has now opened up to FDI in a big way.

    The nations without natural resources will exploit the low cost that India offers and they will come in, produce and export.

    Benefit to all!

    Even to China where a new Mao will be born!

     
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  10. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    Well, most of those kind of words come from non Indian. (you can google " India , superpower")

    When did you opened up to FDI? today?

    [​IMG]
     
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  11. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    And Modi is on his way to Japan!

    The world is changing!
     
  12. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    So? you think a country with debt that ~300% of their GDP can help you much?

    [​IMG]

    How?
     
    Last edited: Aug 18, 2014
  13. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    How would you know the reality?

    愚民政策 (Yue min Zheng Ce) when this is your staple?

    "Yu Min Zheng Ce" influenced Chinese media manipulation a lot and is also said as the root of media manipulation in China. This kind of policy has been found in many Hundred Schools of thought dating back to Warring States period, especially in the thought of Confucianism and Taoism. Here, I just give one example. The founder of Confucianism, also known as the founder of "Yu Min Zheng Ce", Confusion, said "Min Ke Shi You Zhi, Bu Ke Shi Zhi Zhi"(民可使油之不可使知之), which means "People can be allowed to do whatever they want but cannot be taught knowledge"


    Can't blame you for living in a vacuum!
     
    Last edited: Aug 18, 2014
  14. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    I don't know the reality and, you know. ok?
     
  15. nimo_cn

    nimo_cn Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    well, i am just pointing out the irony in your welcoming attitude towards sweatshops in India, in contrast with your previous comments on sweatshops in China.

    Sent from my HUAWEI T8951 using Tapatalk 2
     
  16. sob

    sob Moderator Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    Off topic I hope you know the situation when Bond Yields go down and when they go up.
     
  17. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

     
    Last edited: Aug 18, 2014
  18. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    right, that is why Chinese have much higher education level and productivity than Indians.


    You're Living in Denial
     
  19. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    You should take more your "Good medicine".
     
  20. CCP

    CCP Senior Member Senior Member

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    I am talking about the debt of Japan.

    I am not major in finance, but I would like to hear you share your knowledge about bonds.
     
    Last edited: Aug 18, 2014
  21. Ray

    Ray The Chairman Defence Professionals Moderator

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    Re: India to be world’s factory hub, says Samsung's president & CEO BD

    Good lady, if you call industry in India as sweat shop, so be it.

    Why should I upset your delusion engined by your heart wrenching despair?

    You are welcomed to savour your anxiety inspired sweat!!
     

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