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

nimo_cn

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

Cheap, but not being cheap! ;)

If you feel that the rug is silpping underneath your feet, then lower your wages that are artificially high, given the shoddy goods they produce.

Our aircraft career is our and not out of an old ship calling it indigenous like the Chinese, or stealing secrets and copycatting.
The more you refuse to admit that Indians are cheap, the more contempt you bringing into yourself, because the fact is that you are cheap.

You used to say that Chinese wages were manipulated to be low to attract foreign investment, but now you are implying that our wages are artificially high. What is it? Are you that old to have Parkinson?

None of the AC floating in your fleet is younger that Chinese AC. Compared to Indian AC, Chinese AC are more qualified to be called indigenously built.

The world witnessed the whole process of Chinese towing an empty rusty ship hull back to China and turning it into a brand new operational AC with our own effort.

What impression has Indian AC left the world audience?

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nimo_cn

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

China HSR extension is halted now a days, the maintenance costs are more compared to revenue reason CCP is privatizing the sector. A profitable organization will not be privatized.
The construction of HSR is not halted, on the contrary China is still building HSR on a scale no other country could match.

If the business is losing money, how could you attract private investment?

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Srinivas_K

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

The construction of HSR is not halted, on the contrary China is still building HSR on a scale no other country could match.

If the business is losing money, how could you attract private investment?

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Yes China HSR is being extended but not by Govt. funds but by private investments.
 

roma

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

Sometimes India really boggles my mind...
When you have a population of 1 billion people - either the private sector or the government should be able to develop industries like Home appliances, Networking equipment, Industrial machinery, etc.
For instance - why can't India develop an Indian equivalent of Huawei or Cisco ?
Isn't it amazing that there is not a single networking hardware manufacturer in India other than the small Tejas Networks.
You already have a huge captive market.......so even if you are not internationally competitive for a few years.....you can still develop your business thru government contracts.
These are the types of industries that would provide thousands of jobs, both blue and white collar.
India needs hardware manufacturing but not the type of low-end stuff with razor thin margins like cell-phones or PCs.
India will never be competitive in that kinda market.
It needs smaller companies that make industrial systems that cost more and can deliver bigger margins.

I share your mind on the matter - my take believe it or not is the same old c-word , yeah corruption
Not only in the sense of actual money not going to where it should but the even more basic corruption of
not only putting self above nation but even worse, no thought or care whatsoever for the well-being of the nation
I'll not say more than that other than to say think it through , if you would

But i find some contradiction in your post - so perhaps you might help clarify ? On the one hand you prefer that India
had developed a company like Huawei then further down you state that India should not go done the road of cell-phones and computers given that the margins are razor thin ...so which is it ? Could it be that the Tatas and Ambanis and others foresaw that the margins are indeed razor thin and decide against having and Indian Huawei ?
not challenging you ... but just giving an opportunity for clarification.
..
( Coming back ) - ....Up to and including today, India has merely been surviving - sure some individuals and families have become mighty rich - but the nation as a whole - the progress has been inching forward when really it could have been a lot more - a great deal more - we could really have outdone China , but it is not so

we need to give Modi about 3 years to see if he has begun to make paradigm changes - otherwise it is
going to be merely more of the same .

Let's have some patience. 5 Years to check it again, to see if India has take China's place to become the world's factory hub. But I must say that I have see some article like this some years ago, but it still hasn't become reality now.
5 years is just the start - and i dont think India will really take high end stuff away
from china within 5 years - just peripheral stuff more likely , but it would be a sign of more to come ..If India can show investors that the first 5 years are profitable for them - then watch it - the change will move much faster after that - so the first 5 years are crucial but not the end - just the beginning .

it's true that the era of China being the world factory will end, but doesnt mean the end of Chinese economy development. We will find another way.
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Just as China took jobs away from the USA, and Europe so too will Indian and other nations take away from China .
But just as there still is an economy in the USA and Europe - so too will there be one in china .
However it may not be quite as extensive as it was - just as in the USA and in Europe where they lament that many manufacturing and shipyard jobs are no longer there but have been sent out to Asia.
No it wont be the end of China, no way - but it might be less prosperous


And for the subject of this thread, the key is productivity. The USA's salary is even higher than China, but some business is still profitable in the USA. That is because it has better infrastructure and better trained workers so even the salary is high, it is still profitable. And that is still reasonable in the China-India thing.
The business man is smart, they will do a business lossing money. And their work will make the resource and business location optimized. Let's see how the world industry optimized in the coming years.
I think if there are any country can take China's place, it is India. because other country just don't have enough human power. But that need better infrastructure, better education, better trained work force, discipline, and a whole system. Now Modi has been chosed, I think it is a correct choice. But it still need time, and at the same time the world is not static, other country are also evolving. When you take some business from China, perhaps China has also take some business from the USA. Who knows, only time can give the real result.
no it is not productivity in isolation because at the height of the era when manufacturing jobs were being
shipped from the usa to china , in fact productivity in the usa was far higher than the other .

the absolute cost of wages was most certainly a critical factor in sending those jobs away to china ....as it is the main reason for consideration to do likewise again - from china to elsewhere.

Besides all this debate going on , not one has considered the political and strategic factors - only economic factors
have been discussed so far ......?
 
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Sambha ka Boss

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

China HSR extension is halted now a days, the maintenance costs are more compared to revenue reason CCP is privatizing the sector. A profitable organization will not be privatized.
HSR is not profitable but construction of HSR is helpful in meeting GDP growth target.
 

nimo_cn

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

Yes China HSR is being extended but not by Govt. funds but by private investments.
Not really, private investment plays the role as a complement. Fund borrowed from state owned banks is the money driving the development of Chinese HSR.

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amoy

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

China HSR extension is halted now a days, the maintenance costs are more compared to revenue reason CCP is privatizing the sector. A profitable organization will not be privatized.
IMO HSR can be very profitable, only that it takes a long period for fixed asset amortization. Also privatization of the whole sector is not feasiible simply becoz it's too big in size (facilities, land... worth in trillion?), or private investors would prefer a quick return to such a long-term investment (20 years? 30?). Joint ventures with private funds in some lucrative sections have been made but not on a large scale since again private money opts for maximal return in a shorter term.

It's being "reformed" though. Railway reform on track.
It is a breakthrough for the largely State-monopolized sector to open the ownership and management rights of intercity and local railways to private investors. And it marks a further step toward market-oriented operations, following reform of the railway regime in March, when the administrative function of the now-defunct Ministry of Railways was incorporated into the Ministry of Transport and the China Railway Corporation was formed.

The railway sector's monolithic regime, together with the fast-paced expansion of costly high-speed lines in recent years, brought serious financial pressure, which forced the government to accelerate reform.

At the end of the first quarter, CRC registered a total debt of 2.84 trillion yuan ($460 billion), pushing its debt/asset ratio to 62.3 percent from 54.5 percent at the end of 2010.

But experts are divided over the operational sustainability of the corporation given its high debt level. The corporation urgently needs to increase its profits and lower its debt level.

Encouraging non-State investment is certainly a good option. Given the past experiences, however, it is way too early to predict any success.

In previous cases, many private investors quickly pulled out of local railway projects because they were not satisfied with the low level of returns, while the railway authorities were unwilling to concede more commercial benefits.
Even if HSR is not profitable in itself alone (in a short term) it expedites logistics for other sectors that translates to enormous profits.

Breaking Down the Cost Benefit of High-Speed Rail : Greentech Media
 
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Srinivas_K

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

Thanks for explanation !

IMO HSR can be very profitable, only that it takes a long period for fixed asset amortization. Also privatization of the whole sector is not feasiible simply becoz it's too big in size (facilities, land... worth in trillion?), or private investors would prefer a quick return to such a long-term investment (20 years? 30?). Joint ventures with private funds in some lucrative sections have been made but not on a large scale since again private money opts for maximal return in a shorter term.

It's being "reformed" though. Railway reform on track.


Even if HSR is profitable in itself alone (in a short term) it expedites logistics for other sectors that translates to enormous profits.

Breaking Down the Cost Benefit of High-Speed Rail : Greentech Media
 

Meriv90

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

IMO HSR can be very profitable, only that it takes a long period for fixed asset amortization. Also privatization of the whole sector is not feasiible simply becoz it's too big in size (facilities, land... worth in trillion?), or private investors would prefer a quick return to such a long-term investment (20 years? 30?). Joint ventures with private funds in some lucrative sections have been made but not on a large scale since again private money opts for maximal return in a shorter term.

It's being "reformed" though. Railway reform on track.


Even if HSR is not profitable in itself alone (in a short term) it expedites logistics for other sectors that translates to enormous profits.

Breaking Down the Cost Benefit of High-Speed Rail : Greentech Media
Are you sure? wouldn't have been better to invest more in normal trains? In china commuting is done by train(not metro, i'm referring to long range commuting around 75km) or bus?

After all this is your situation, it cost more to send things inside China than to send it to USA...

Logistics: The flow of things | The Economist

Logistics spending is roughly equivalent to 18% of GDP, higher than in other developing countries (India and South Africa spend 13-14% of GDP) and double the level seen in the developed world. Li Keqiang, the prime minister, recently echoed industry's complaints that sending goods from Shanghai to Beijing can cost more than sending them to America.


Most warehouses are old and unmechanised. Goods are transferred up to a dozen times from vehicle to vehicle as they make their way across the country. There are no cargo hubs that help link freight from rail to road. The decrepit and overloaded lorries that ply the new highways are unable to find a return cargo on more than one third of their trips.

China has over 700,000 trucking operators, most of them one-man outfits. (America has about 7,000.) Scale is essential to the business, but the top 20 firms together make up barely 2% of the market. Nancy Qian of KXTX, a logistics firm, observes that companies compete so fiercely on price that most barely make any money, and so lack the funds needed to modernise or achieve economies of scale.
P.S. That train ride is expensive even for European standards, low cost flight companies are far cheaper and faster.
 
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Sambha ka Boss

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

Are you sure? wouldn't have been better to invest more in normal trains? In china commuting is done by train(not metro, i'm referring to long range commuting around 75km) or bus?

After all this is your situation, it cost more to send things inside China than to send it to USA...

Logistics: The flow of things | The Economist



P.S. That train ride is expensive even for European standards, low cost flight companies are far cheaper and faster.
Chinese HSR investment is for reaching high GDP growth targets, so even its not profitable, it still give high growth to China and thus they know what they are doing. ;)
 

CCP

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

After all this is your situation, it cost more to send things inside China than to send it to USA...
They were competing fuel efficiency with a cargo ship but ignore those goods takes months to get to America.
 

CCP

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

Chinese HSR investment is for reaching high GDP growth targets, so even its not profitable, it still give high growth to China and thus they know what they are doing. ;)
India could build some toilets for girls to reach high GDP growth target.
 

thethinker

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

India could build some toilets for girls to reach high GDP growth target.
You seem to have a very short memory friend, considering that you actually started a new thread about the same :

http://defenceforumindia.com/forum/...ks-states-action-plan-toilets-girls-goal.html

Smriti Irani asks states for action plan on 'toilets for girls' goal | Zee News
New Delhi: HRD Minister Smriti Irani on Tuesday asked states to prepare an action plan for construction of toilets for girls in all government schools by July next year in keeping with the goal set up Prime Minister Narendra Modi.


Does that mean you start new threads about India and don't remember what you did? :confused:
 

Sambha ka Boss

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

India could build some toilets for girls to reach high GDP growth target.
Like you reached high GDP growth with massive poop oil manufacturing. :scared1::sad::tsk:
 

Meriv90

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

Chinese HSR investment is for reaching high GDP growth targets, so even its not profitable, it still give high growth to China and thus they know what they are doing. ;)
What do you mean for High GDP growth targets? Wouldn't have been better if they invested in normal trains? they would have less pollution and a better logistic sector than few selected persons that can travel in HSR?
 

CCP

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

You seem to have a very short memory friend, considering that you actually started a new thread about the same :

http://defenceforumindia.com/forum/...ks-states-action-plan-toilets-girls-goal.html

Smriti Irani asks states for action plan on 'toilets for girls' goal | Zee News
New Delhi: HRD Minister Smriti Irani on Tuesday asked states to prepare an action plan for construction of toilets for girls in all government schools by July next year in keeping with the goal set up Prime Minister Narendra Modi.


Does that mean you start new threads about India and don't remember what you did? :confused:
I started that threads then I can mention it again?
What is the logic here?

BTW, check how many times @Sambha ka Boss repeated his sentence.
 
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CCP

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

Like you reached high GDP growth with massive poop oil manufacturing. :scared1::sad::tsk:
Like you shit on street to become a superpower.


Dancing Poop Teach India's Poor How To Use The Toilet!(by UNWHO)
 
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thethinker

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

I started that threads then I can mention it again?
What is the logic here?

BTW, check how many times @Sambha ka Boss repeated his sentence.
Rather than posting one-liners about the same topic here, why not try to add some value and actually refer to that thread of yours?

If you are so eager to highlight the plight of toilets by posting an article fully in another thread, surely a link to it here won't be much of an effort at all.
 
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CCP

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

Rather than posting one-liners about the same topic here, why not try to add some value and actually refer to that thread of yours?

If you are so eager to highlight the plight of toilets by posting an article fully in another thread, surely a link to it here won't be much of an effort at all.
Well, One line for one line.

BTW, you can say that to @Sambha ka Boss
 
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Sambha ka Boss

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

What do you mean for High GDP growth targets? Wouldn't have been better if they invested in normal trains? they would have less pollution and a better logistic sector than few selected persons that can travel in HSR?
The normal train projects don't involve massive investment as it is in HSR projects. You can see rich Americans or EU aren't investing this much in HSR as much China is investing.
 

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