Make in India

[DingDong]

As per New Report of Global Hunger Index, India has 15.2% undernourished population, significantly down from last year but still significant to eradicate.

I have always wondered why do poor people produce so many children when they can simply visit the nearest government hospital and avail free family planning options?

 

[Indx TechStyle]

I have always wondered why do poor people produce so many children when they can simply visit the nearest government hospital and avail free family planning options?

Probably the reason why they are poor.

We have example of Pakistan with way higher population growth rate and fertility rate, resulting a slow per capita income growth. (Pakistan has 22% undernourished population, not a very high gap but Pakistan was ranked better than India in 2012 and similarly, way ahead in HDI, GDP per capita in past decades).

I still wonder with 70 millions (nearly 35%) population of Pakistan unrecorded, they calculate their GDP per capita and poverty ratio on documented population, even then,lag brutally
still calling India poor.

India's population growth rate is perfect to sustain a significant growth as well as prevention economic slow down which happened and happening in Japan and China respectively.
Problem is our low fertility rate (at least against countries at par with us on development) that India will also turn old till it becomes a middle income economy like second world countries. It could be a long wait for what we dream if caught in middle income trap.

 

[CrYsIs]

India's population growth rate is perfect to sustain a significant growth as well as prevention economic slow down which happened and happening in Japan and China respectively.
Problem is our low fertility rate (at least against countries at par with us on development) that India will also turn old till it becomes a middle income economy like second world countries. It could be a long wait for what we dream if caught in middle income trap.

No,India's population and population growth rate is not sustainable despite a reduction in fertility rate.

In a world where jobs and employment opportunities are increasingly shrinking and loosing out to automation,we are still adding over 20 million people each year,most of them into extremely impoverished families without a proper source of income.
A large chunk of these new addition would turn out to be malnourished and would drop out of school and risk becoming anti social element & a burden to the state.

 

[Indx TechStyle]

No,India's population and population growth rate is not sustainable despite a reduction in fertility rate.

Just for next 30 years. It's still has an projected average of 0.7% (slightly higher than 0.6% of USA), well below world average till 2045
Growth can be sustained till then easily to be a middle income economy but after that population will age.

Increment in labour, specially skilled labour, ease of business and investments drive growth.

Global Competitive Index ranks India 39th based on these all plus some other economic and developmental indicators, which shows that India can sustain current pace of improvement for decades.


Example,
You can see that in last quarter, Pakistan beaten India as Asia's hotest equity market but even then, they didn't celebrate because they are ranked 137th of 145 countries in competitive Index against India's 39th. So, the sudden pour of money in their markets was not sustainable. And look it happened.
But India still sustains and climbing up uniformly.

In a world where jobs and employment opportunities are increasingly shrinking and loosing out to automation,we are still adding over 20 million people each year,most of them into extremely impoverished families without a proper source of income.
A large chunk of these new addition would turn out to be malnourished and would drop out of school and risk becoming anti social element & a burden to the state.

Agreed about jobs, but malnourishment, illiteracy and Fragility are declining sharply ever year. Even this year. EI and HDI are soaring.meanwhile.
That just justified our rank in GCI. Not malnourished but a healthier and more eduacted labour force to sustain growth.

 

[sorcerer]

United Shipbuilding Corporation Eyes Civil & Defense Shipbuilding Activity In AP

by V Rishi Kumar
United Shipbuilding Corporation (USC), the largest shipbuilding corporation in Russia and Eastern Europe, and Andhra Pradesh Economic Development Board have inked a memorandum of understanding to pave way for shipbuilding activity.

State Chief Minister N Chandrababu Naidu has invited USC, its major partners and subsidiaries engaged in civil and defense shipbuilding industry, to India and AP to set up their base.
A number of naval ships and submarines have been supplied to India by USC and its subsidiaries and partners. The memorandum comes after months of intense discussions and paves way for setting up shipbuilding capabilities in Andhra Pradesh.

The Chief Minister said: “This is the first step towards cooperation with Russian Federation. It will have long-term advances in job creation, technology absorption and skill development in Andhra Pradesh.”

Another memorandum of understanding was inked with the AP Economic Development Board wherein TechnoNICOL, which has over 50 manufacturing plants in Russia and one of Russia’s largest building material companies, proposes to set up manufacturing facilities in Andhra Pradesh.

Andhra Pradesh and Russia also discussed ways to enhance cooperation in a wide range of sectors.

Chandrababu Naidu and the Minister for Trade and Industry, Russian Federation, Denis Manturov, have agreed to strengthen the bilateral relationship.

Aerospace and defense manufacturing, automobile and auto components, biotechnology, electronics, energy, mineral-based industries, petroleum and petrochemicals, leather, textile, and apparel provide ample opportunities for possible collaboration, he said.

Apart from aerospace and defense, the Chief Minister wanted the Russian investors to set up a steel plant in the Rayalaseema region.

A subsidiary of USC, Sudoexport is studying the inland waterway project and has made exploratory visits to Andhra Pradesh.

Source>>

 

[sorcerer]

Rafale Aerostructures To Be Made In Mihan-Sez

NAGPUR: Reliance Aerostructure is expected to start manufacturing aerostructures for Rafale in a couple of months. The company had taken up land in the Multi-modal International Cargo Hub and Airport at Nagpur's (Mihan) special economic zone (SEZ) last year. This is part of the offset orders of the Rafale aircraft deal with France's Dassault.

Under an offset arrangement, any supplier bagging a major government order has to invest a part of the deal in India to make components or for maintenance.

Reliance Aerostructures, part of the Anil Dhirubhai Ambani Group (ADAG), had taken up over 100 acres in the SEZ last year to set up an aerospace park. The joint venture, Dassault Reliance Aerospace, has been formed to implement orders worth 30,000 Crores.

Initially, the company may begin with making aerostructures which are the body of the aircraft. Earlier batches of aerostructures will be flown to the Dassault manufacturing facility in France for further processing. This is because the aircraft will be first sent in a ready-to-fly condition to India, said a source involved in the process.

With the deal signed, Reliance is examining various proposals every day.
http://timesofindia.indiatimes.com/...be-made-in-mihan-sez/articleshow/54926499.cms

 

[Chinmoy]

Stop your stupid “Make in India” ***nonsense***, BJP, and learn from Vishal Kumar Singh

This post should be widely circulated across the length and breadth of India. Let the fools who govern India (and who vote for the fools who govern India in the manner it is currently governed), learn some BASIC truths:

Businesses automatically move when there is demand and profit to be made. Nobody invited FB,Google or Uber to come to India. They came automatically. Businesses will come if a proper environment is there. Modi should focus on governance of India. Make India a well governed country and businesses will come. Travelling and giving foolish speeches will not get businesses to invest.

Let every fool in India understand the basics about the role of government: not to “attract” businesses, but to create the environment for honest competition.

Mr Vishal Kumar Singh forgot one basic thing over here. What he had said to true and valid in all sense, but not in Indian sense. Here in India enmass do have a mentality of, "Aane do pehle, phir dekhenge" (Let it come first, then we would see). Whereas in other places, its lets be ready when it comes.
This attitude of let it come first have already lagged us behind. Here unless and untill you shove it down the throat nothing is going to take place. Simplest of project take mind boggling time by getting entangled in red tapeism. So its high time that you start shoving people to be ready for outcome.
Look at the case of Telengana. It got separated from Andhra only few days back and instead of capitalizing on what they have retained from pro separation, they are demanding special category status. I mean what the hell do they think they are doing? Does they believe that by getting special category status they would be lucrative to investment?
Here unless and until you show that things are coming, your infra is not going to be on place and neither your people. It would always be, "Pehle aane to do".

 

[Indx TechStyle]

India's September Exports Up By 5%, Imports Down By Nearly 3%

 

[aditya10r]

Just asking a question
Will India gdp nominal per capita ever be equal or more than global average.???

 

[Indx TechStyle]

Just asking a question
Will India gdp nominal per capita ever be equal or more than global average.???

Yes, that will take time.
As India's deficit continues to deplete, inflationary potential for nominal GDP growth will be materialized even more aggressively. In 9 years from now, as soon as India scores it's first trade surplus in a decade, Indian Ruppee will go stronger rapidly and as a result our Nominal GDP output (improvement in ruppees will be separately added in GDP besides growth, so some amount will be additional in nominal account alongwith growth) will be *much* higher than GDP growth in PPP. So, nominal will be coming near to PPP.

China only with GDP growth could grow only $5-6 trillions at best, they took advantage currency appreciation because of trade surplus. If India keeps following same suit, it can grow $12-15 trillions by 2030 against projected $10 trillions.

 

[aditya10r]

If India keeps following same suit, it can grow $12-15 trillions by 2030 against projected $10 trillions.

i feel the same
By 2035 we will be possibly near equal to the gdp nominal numbers of usa.
that translates to better military equipment and better trade and business environment as well

JUST WONDERING
WHERE WILL BE PAKIS BY THEN??
I GUESS BUSY DOING BACHABAZI

 

[aditya10r]

@Indx TechStyle how do you know so much about indian economy and how dies economy work??????

kuch gyan is gadhe ko bhi de do...........................

 

[Indx TechStyle]

@Indx TechStyle how do you know so much about indian economy and how dies economy work??????

kuch gyan is gadhe ko bhi de do...........................

Here is a website for you for checking out export imports at regular intervals.
http://www.commerce.nic.in/eidb/

 

[Indx TechStyle]

i feel the same
By 2035 we will be possibly near equal to the gdp nominal numbers of usa.
that translates to better military equipment and better trade and business environment as well

No, USA and China will be $35-35 trillions by then.
Third will be India with their half economy and Japan as Fourth with just 40% of Indian economy.
India will catch up with USA in nominal only around 2050.
For China, it gonna remain a neck ti neck in second half of century.

JUST WONDERING
WHERE WILL BE PAKIS BY THEN??
I GUESS BUSY DOING BACHABAZI

Nearly $500-600 billions remaining a third world country.
Still don't underestimate them. They have a younger population and will not decline till end of century unlike India who'll age in next 30 years given our moderating population growth and low fertility rate. Muslims breed like rats, so they have advantage.

 

[aditya10r]

No, USA and China will be $35-35 trillions by then.
Third will be India with their half economy and Japan as Fourth with just 40% of Indian economy.
India will catch up with USA in nominal only around 2050.
For China, it gonna remain a neck ti neck in second half of century.

Nearly $500-600 billions remaining a third world country.
Still don't underestimate them. They have a younger population and will not decline till end of century unlike India who'll age in next 30 years given our moderating population growth and low fertility rate. Muslims breed like rats, so they have advantage.

does not matter much
they will be sucking chinas dick as usual................................................

 

[ezsasa]

Just asking a question
Will India gdp nominal per capita ever be equal or more than global average.???

Current global GDP per capita nominal is aRound 10k USD

China is at 8 k USD right now for a 10 trillion USD economy.

We are at around 1.5k USD for a 2 trillion economy.

 

[sorcerer]

Has India Chosen Government-to-Government Path For ‘Make-In-India’ Fighter Jet Program?

Indian MoD sent invitations through Indian Embassies to ‘some overseas participants’ to partake in India’s new single engine fighter jet program

The Indian Ministry of Defence (MoD) seems to be keen on approaching foreign governments rather than individual companies to partner it for manufacturing fighter jets under the ‘Make-in-India’ program.

The MoD, earlier this month sent invitations through Indian Embassies to ‘some overseas participants’ to partake in India’s fresh program to acquire single-engine fighter aircraft to be built in India on the basis of foreign technology transfer and also for export from India, an Indian business newspaper reported last week.

Unlike earlier fighter jet procurement programs such as the MMRCA, India has not contacted the companies capable of delivering the fighters but has contacted the aircraft producer-countries through its embassies. The invitations have been sent even before floating an RFI (Request for Information) which is the standard route to seek what is available and then send out a request for proposals (RFPs) to shortlisted parties. According to the report, the invitations have been sent to Russia, Sweden and the US.

Several foreign fighter jet manufacturers appear to have gone into overdrive expecting to pitch for the lucrative Indian contract for about 130 odd fighter jets which also has an export component to it. The Indian Air Force Chief, Air Chief Marshal Arup Raha had mentioned of receiving “unsolicited offers” from Lockheed Martin, Boeing and Saab for building their fighters in India - the F-16 Block 70, F/A-18 Super Hornet and the Gripen E respectively during the course of a press conference in New Delhi in the first week of October.

“This is very much on the table (a post-Rafale procurement of fighters) and I’m sure whoever gives the best deal [will win]. All the aircraft are very capable, so it will depend upon who provides the best transfer of technology; and, of course, the price tag. It’s on the table; nothing is decided as yet.”


Raha added, “This will not be just licensed manufacture. It will be proper transfer of technology with India becoming a hub for manufacturing, as well as maintenance, repair and overhaul (MRO) for other air forces in the region.”

Both US- based Lockheed Martin and Swedish Saab have offered to set up manufacturing facilities with full transfer of technology to Indian entities involved with them in the manufacture. If indeed the single-engine jet request from the Indian MoD is true, the will be left with only these two companies to contest ruling out Boeing, Dassault and Russian MiG and Sukhoi as they do not manufacture single engine fighter aircraft.

It makes sense to make deals directly with a foreign country rather than individual company as it means sovereign guarantee of technology transfer, pricing, joint export and other tricky issues which could sour if the foreign power and India are less friendly than at the time of signing the company-to-company or company-to-India contract.

Besides the fighter jet program, India recently signed government-to- government deals with Russia for setting up a joint production facility for Kamov helicopters, purchase of at least five systems of S-400 air defense missile system and, four Admiral Grigorovich-class guided-missile stealth frigates of which two will be manufactured in India with Russian collaboration.

The agreement was signed by Prime Minister Narendra Modi and Russian President Vladimir Putin at BRICS Summit 2016 last week.

http://www.defenseworld.net/news/17..._For____Make_In_India____Fighter_Jet_Program_

 

[AmoghaVarsha]

Where are we discussing the single engine MII fighter Jet?

 

[Indx TechStyle]

Current global GDP per capita nominal is aRound 10k USD

China is at 8 k USD right now for a 10 trillion USD economy.

We are at around 1.5k USD for a 2 trillion economy.

We will take around 15-20 years in catching up global average in PPP, longer period for nominal.

 

[aditya10r]

We will take around 15-20 years in catching up global average in PPP, longer period for nominal.

ADD ANOTHER 10-15 YEARS TO THAT AND WE WILL HAVE EQUAL GDP NOMINAL PER CAPITA EQUAL TO WORLD AVERAGE.............................

but after that our population might start to decline and crap...............................................