Indian Economy: News and Discussion

[Chandragupt Maurya]

Kanyakumari to Kashmir is 3600 km and connected, what's your point? They are two cities within the same country, who'll burn cash for making roads and rail in other countries? And still road connectivity exists, the scale you're hoping doesn't justify economics. That's a poor priority for spending for India as of now

China has done it

Laos opens $6bn railway line built under China’s BRI

A 1000 km-long high-speed railway linking China and the southeast Asian country of Laos was inaugurated on Friday as part of China’s Belt and Road Initiative (BRI), a global infrastructure project

www.hindustantimes.com

 

[Chandragupt Maurya]

Made it to the boat.. finally.

Now the long journey...but I got my mates .. pawri karenge..

View attachment 124388

I heard Nitin Gadkari saying that you can travel from Varanasi to Bangkok on boats

 

[Chandragupt Maurya]

@another_armchair @Covfefe both of you from UP ?

 

[Covfefe]

@another_armchair @Covfefe both of you from UP ?

Yup

 

[Chandragupt Maurya]

Yup

typical

 

[Covfefe]

typical

Care to elaborate?

 

[Heat]

Ya'll nibbiars
View attachment 124325
If Delhi-Kolkata industrial corridor can be extended along this route

How about we put this money in dredging Ganga and make it actually navigable ?

 

[IndianHawk]

India turns a net exporter of steel to China

www.thehindubusinessline.com

Lmao

 

[Abdus Salem killed]

India turns a net exporter of steel to China

www.thehindubusinessline.com

Lmao

@Crazywithmath good or bad we use much less compared to them and are still exporting shouldn't it be used by us

 

[Suryavanshi]

India turns a net exporter of steel to China

www.thehindubusinessline.com

Lmao

My professor in the first year used to pick up a steel bar and say "this costs some 100 Rs and we export this to China and Japan and buy back Vernier caliper made out of same steel costing some 3,000 Rs", "This is the absolute State of our country"

 

[IndianHawk]

My professor in the first year used to pick up a steel bar and say "this costs some 100 Rs and we export this to China and Japan and buy back Vernier caliper made out of same steel costing some 3,000 Rs", "This is the absolute State of our country"

Previously we were exporting just iron ore and importing steel. This is already an improvement.

With the scale of our steel production rising ( already bigger than usa and Japan ) we'll soon have all ancillary industries for various steel products.

 

[Chandragupt Maurya]

How about we put this money in dredging Ganga and make it actually navigable ?
View attachment 124444

I think this waterway is already partially operational and will get fully operational by 2023

Inland waterways body clears 25 routes for cargo, passenger traffic

Of the 25 selected waterways, developmental work has already started in 13, the government informed Rajya Sabha

www.livemint.com

IIT-Roorkee inked an MoU with Inland Waterway Authority of India (IWAI) carry out a project on Stabilisation of Navigatgational Channel at 17 locations along a stretch of the Ganga river from Varanasi to Sahibganj.

IIT-Roorkee inks MoU with Inland Waterway Authority of India | Dehradun News - Times of India

IIT-Roorkee inked an MoU with Inland Waterway Authority of India (IWAI) carry out a project on Stabilisation of Navigational Channel at 17 locations a

timesofindia.indiatimes.com

 

[shashankk]

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lm.facebook.com

This might be a chance for us if we lobby well with TSMC.

 

[Haldilal]

Ya'll Nibbiars

Board of Minda Industries approves Rs 190 cr expansion for its wheel plant at Supa

At meeting held on 10 December 2021

www.business-standard.com

 

[Crazywithmath]

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This might be a chance for us if we lobby well with TSMC.

One separate discussion is ongoing between the government of Taiwan (ROC) and the GOI for a potential US$ 7.5 billion semiconductor investment deal. It is not part of the US$ 10 billion chip incentive deal. Reuters, Bloomberg and a bunch of Korean and Taiwanese media houses reported on it.

 

[Haldilal]

One separate discussion is ongoing between the government of Taiwan (ROC) and the GOI for a potential US$ 7.5 billion semiconductor investment deal. It is not part of the US$ 10 billion chip incentive deal. Reuters, Bloomberg and a bunch of Korean and Taiwanese media houses reported on it.

Ya'll Nibbiars The TSMC one that will drag long as they are asking for not just special packages but also special regulations.

 

[Crazywithmath]

Ya'll Nibbiars The TSMC one that will drag long as they are asking for not just special packages but also special regulations.

Hmm. Dedicated facility for electricity, relaxed labour conditions, dedicated water supply, roads and what not.

 

[Suryavanshi]

Dedicated facility for electricity

dedicated water supply

roads

All the above are self explanatory.

labour conditions

Why this tho, fabs mostly employ very high skilled workers.

 

[Crazywithmath]

All the above are self explanatory.

Why this tho, fabs mostly employ very high skilled workers.

To get rid of red tapes, unionbazi and babudom or at least that is what Taiwanese media reported. Their existing plants enjoy very relaxed regulations (in Taiwan and abroad).

 

[Haldilal]

Hmm. Dedicated facility for electricity, relaxed labour conditions, dedicated water supply, roads and what not.

All the above are self explanatory.

Why this tho, fabs mostly employ very high skilled workers.

Ya'll Nibbiars what they are asking is for regulations to be International levels complaint that means need a adherent atleats at the stats level where they will invest. A special clause to dislodge from other industries rules and regulations and on special criteria basis not just SEZ level but even more as can't allow the Lal Salaam wale to be in this extremely delicate Industry's.