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  1. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    China's Foxconn Confirms Rs12,800 Crore Boost for Make in India: In Talks with Adani, Micromax to Set up Plants Taiwanese tech giant Foxconn Technology plans to make long-term investments in India, giving a fillip to Prime Minister Narendra Modi's 'Make in India' initiative. The company is in...
  2. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    you have to come and see in Bangalore, I work in Bangalore and we work 15 to 16 hours a day and some times week ends. I work in VLSI, we also receive Foxconn products and recently there is a chinese team in Bangalore working here for almost a month in CISCO!
  3. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    The main point is lets say a chinese earn 10 rmb in China and have to spend around 5 rmb for his living per day. An Indian can earn 6 rmb and spend 3 rmb for the same comforts the chinese is getting. Because living in India is cheaper than China. So even though the manufacturing company pays...
  4. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    Manufacturing is an essential part for the eco system of the country. India is yet to establish a strong manufacturing base, so it is a welcome sign if foreign companies start their business here. Manufacturing and R&D are steps in a ladder and we are climbing it. India just like China of...
  5. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    Democracy comes with various other aspects like freedom of speech, liberty, human rights etc.... Change can be done by any regime or system but the above mentioned things are adoptable in only some systems like democracy.
  6. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    India is market economy, most of the business is run by the private/corporate sectors. Indian Govt. only drafts policies and make sure they are implemented by these corporates correctly. Regarding higher wages/better life and all, It is upto people to dream big and achieve their dreams. The...
  7. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    India just took the initiative and heading in that direction, within a decade Indian electronics market will become comparable to the oil India buys. That is how huge and essential a digital revolution is for India. Some serious steps are being taken in this direction. Chinese Govt. has little...
  8. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    Yes democracies can protect the rights of workers because there is freedom of speech and Govt. is in favor of workers rights ! Foxconn is only reaping the reaping the benefit of cheap labour wages and low cost of living in India. Since the wages they pay also are attractive because of low cost...
  9. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    India is a democracy which can protect the human rights of the working class so .... np.
  10. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    But .... But China got those factories because of the same reason of chinese being cheap in the last decade, add to that the prision camps and working conditions with no human rights. One can easily produce the goods cheap in China at that time.
  11. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    India is establishing fab cities and there is digital revolution about to happen with investments close to 90 Billion dollars.
  12. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    India is also trying to set up manufacturing facilities of Micro chips and other components.
  13. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    Indians have no plans for that .... we would like to compete ... simple as that !
  14. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    I think 1/3rd of what chinese demand or even less.
  15. Srinivas_K

    Foxconn to build up to 12 factories and employ 1 million people in India

    Foxconn to build up to 12 factories and employ 1m in India Taiwanese manufacturing group Foxconn is planning an aggressive expansion in India, building up to 12 new factories and employing as many as 1m workers by 2020 as it battles rising wage costs and labour disputes in China. The move...
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