Indian Economy: News and Discussion

[Haldilal]

Yeh kya bawasir bana diye!

Could not have they used the Maharaja in modern avatar??

Are these for real or some fanboy renders??

Seriously, looks like some kid designed this in MS Paint!

Ya'll Nibbiars See the Twitter the Bots are calling it a masterpiece and the some are falling for this.

 

[Haldilal]

Ya'll Nibbiars The Air India's New logo and Livery, Ghanta.

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Ya'll Nibbiars looks like the Air India didn't had money to hire professionals Announcher so put one of the Air hostees as the announceher for today's events. This is not some Plane announcements damn it. See the audience reactions, priceless.

Did Ya'll noticed Aunty is wearing bindi, look like the Tanshiq effect is still on the Tata Group. LOL.

Vaidya Ji would be happy.

The Vistara revealing was a totally different beast altogether. Damn old Titan, Tata Motors PR were far ahead of it's time. This looks like a event organized by some Housing society.

Ya'll Nibbiars This is even worse.

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Ya'll Nibbiars



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Yeh kya bawasir bana diye!

Could not have they used the Maharaja in modern avatar??

Are these for real or some fanboy renders??

Seriously, looks like some kid designed this in MS Paint!

Ya'll Nibbiars See the Twitter the Bots are calling it a masterpiece and the some are falling for this.

Ya'll Nibbiars I find this UnImplemented Liveru better than this, the GOI management will incompetent, but we're much better than the current one in this regards. The Australian firm Cato Partners was commissioned to carry out a redesign of the Air India brand in the mid 2010's, but the change was never launched.

 

[NutCracker]

Who even aproved this shit.
Text on the belly is such a foolish mistake.

There should've been a cool logo, preferably one which would look same from irrespective of which side you see it.

 

[FalconSlayers]

 

[FalconSlayers]

FMCG Industry Grows 12.2% In Q2CY2023, Volumes Highest In 8 Quarters

 

[shade]

Ya'll Nibbiars



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Very generic, and why the fuck is the belly colored with text?
who does that?

 

[AnantS]

Very generic, and why the fuck is the belly colored with text?
who does that?

Looks ELLGeeBeeTeaKyu phriendly

 

[Haldilal]

Very generic, and why the fuck is the belly colored with text?

who does that?

Looks ELLGeeBeeTeaKyu phriendly

Ya'll Nibbiars The


Ya'll Nibbiars The Interior are literally taken from the Jamnabai ka Kotha.

The Future brand's hired by the Tata first messed with the Ameriacn airlines, then the Malta Air along with other airlines and now the Air India. They are worthless bunch at the airlines branding.

 

[shade]

European, US telecom vendors look to deepen manufacturing capabilities in India - ET Telecom

Swedish telecom gear maker Ericsson’s president and chief executive, Börje Ekholm, said the company is looking to build an ecosystem in India around sub-components and other sub-suppliers to start exports "cost-efficiently". Ericsson’s rival Nokia is also looking at increasing the local value...

telecom.economictimes.indiatimes.com

Ericcson wants to eventually export from here, Nokia already does, Ciena and Cisco are setting up a manufacturing presence here with local partners.

 

[RedHood108]

Eastern Dedicated Freight Corridor

88% progress achieved on Eastern DFC till now - 1170 km section out of 1337 km is now ready.

From October, freight trains will be able to run uninterrupted on entire 1337 km EDFC from Son Nagar in Bihar to Ludhiana in Punjab

Freight trains will now be able to run at 100 kmph - will also help in decongesting the mainline for passenger trains.

 

[AnantS]

Ya'll Nibbiars The


Ya'll Nibbiars The Interior are literally taken from the Jamnabai ka Kotha.

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The Future brand's hired by the Tata first messed with the Ameriacn airlines, then the Malta Air along with other airlines and now the Air India. They are worthless bunch at the airlines branding.


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What did I tell yaa @shade ^^

 

[Azaad]

 

[FalconSlayers]

Stupidity?

https://www.business-standard.com/article/companies/india-s-camera-market-to-touch-rs-5-000-crore-by-2025-26-nikon-india-122092500241_1.html

 

[RoaringTigerHiddenDragon]

Stupidity?

https://www.business-standard.com/article/companies/india-s-camera-market-to-touch-rs-5-000-crore-by-2025-26-nikon-india-122092500241_1.html

I don’t think the government is this stupid. They must be very confident that pichwade mein laati works well for moving manufacturing into India, even the higher end ones like Canon from Malaysia and Thailand. Let’s wait and see. Smaller Electronics assembly plants are coming up even in my area - Lucknow-Kanpur belt. This was simply not possible earlier as the area massively lacked infra. LK expressway has been pending for 20 years. Only now it is getting completed along with the ring road. So if LK area can attract electronics manufacturers, then anything is possible.

 

[Tejbrahmastra]

I don’t think the government is this stupid. They must be very confident that pichwade mein laati works well for moving manufacturing into India, even the higher end ones like Canon from Malaysia and Thailand. Let’s wait and see. Smaller Electronics assembly plants are coming up even in my area - Lucknow-Kanpur belt. This was simply not possible earlier as the area massively lacked infra. LK expressway has been pending for 20 years. Only now it is getting completed along with the ring road. So if LK area can attract electronics manufacturers, then anything is possible.

The government has been using various methods to attract foreign investment since its make in India scheme, most of which have largely failed or are only on paper. So in governments mind they have been showing carrot for too long and haven't achieved much success. I guess now they are using the stick's. Especially when the world i getting more de-globalized, no country will question these tactics anymore. While they may be good tactics, but we need a long term strategy for sustainable growth in manufacturing sector, which has kept on decreasing despite so many announcements and schemes!! I guess the MSMEs need to be given much more freedom for them to excel, only then can we have large manufacturing sectors. Few large industrial powerhouse may not work for such a large country like India.

 

[RoaringTigerHiddenDragon]

View attachment 217832
The government has been using various methods to attract foreign investment since its make in India scheme, most of which have largely failed or are only on paper. So in governments mind they have been showing carrot for too long and haven't achieved much success. I guess now they are using the stick's. Especially when the world i getting more de-globalized, no country will question these tactics anymore. While they may be good tactics, but we need a long term strategy for sustainable growth in manufacturing sector, which has kept on decreasing despite so many announcements and schemes!! I guess the MSMEs need to be given much more freedom for them to excel, only then can we have large manufacturing sectors. Few large industrial powerhouse may not work for such a large country like India.

This is why UP has policies like ODOP, film city, Bundelkhand defence manufacturing corridor etc. Everyone wants results overnight without understanding that infrastructure was built just 3-4 years ago. Even today, do you know the state of infrastructure in Kanpur? The voltage still fluctuates at peak time. A lot has to be done for cheap, stable electricity for manufacturing to thrive. UP gets a lot of power from Nepal hydroelectric projects and in dry seasons, the power supply is unstable. For industry you must have reliable, stable power. It is all being worked on. Will take some time.

 

[shade]

Stupidity?

https://www.business-standard.com/article/companies/india-s-camera-market-to-touch-rs-5-000-crore-by-2025-26-nikon-india-122092500241_1.html

No, they are bringing out dandas and spiked clubs.

Indian market is large enough to get these folks to atleast start assembly shops here, smartphone factories sprung up because of 20% import duty on CBU, muh PLI scheme came later since Xiaomeme and Oppo Vivo still assemble phones here despite not being part of PLI.

This import loicense drama is some babooze "genius"/last resort trick to get around ITA-1, which is why the mantri and official comms about this are all about "trusted supplier" deception, as if it's about showing red-eyes to the chinky .

From assembly shops for domestic market additional carrots can be provided for exports, like it has been done with smartphones.
Once export scale is gained, from there the argument can be made, and additional carrots be provided to increase Indian-made subcomponents in the finished product.

Hopefully the suit-boot gadhas, oxen munch these carrots, and under the fear of the stick give our cart some good mileage

In LATAM Brazil has assembly shops and a portion of the output goes to neighboring countries aside from consoomption of Brazil's 200mn strong populace.
In Mexico there are assembly shops and most of the output goes to US and Kaneda because of some FTA the three have.
In EU there are assembly shops in Pol*nd and Czech republic, and the output goes to the EU Big 5( akshually 4 since UK left ), once again EU is a massive Free Trade zone so...

 

[Freedom Thru Firepower]

No increase in EMIs as RBI maintains the repo rate at 6.5%, expresses concern over rising inflation.

No increase in EMIs as RBI keeps the repo rate unchanged at 6.5

RBI paused the repo rates at 6.5 per cent for the third time in a row amid concerns over inflation.

www.opindia.com

 

[RedHood108]

Amazon India has digitised 62 lakh MSMEs and enabled exports worth $8 billion.

 

[shade]

View attachment 217832
The government has been using various methods to attract foreign investment since its make in India scheme, most of which have largely failed or are only on paper. So in governments mind they have been showing carrot for too long and haven't achieved much success. I guess now they are using the stick's. Especially when the world i getting more de-globalized, no country will question these tactics anymore. While they may be good tactics, but we need a long term strategy for sustainable growth in manufacturing sector, which has kept on decreasing despite so many announcements and schemes!! I guess the MSMEs need to be given much more freedom for them to excel, only then can we have large manufacturing sectors. Few large industrial powerhouse may not work for such a large country like India.

It doesn't work for any country.
All your big industrial MNCs have a 1000 little MSME suppliers contributing to their products.

Here they are fixing the big industry portion via PLIs and import duty danda-wielding, but haven't seen any specific schemes paying attention to MSMEs or new entrepreneurs wanting to start a manufacturing business.

Currently big MNC mfgs come here and get their chinky suppliers to move too, but long-term our goal should be to replace chinky suppliers with Indian ones.

In a year you will see various articles about MSME owners in some cluster or the other doing RR about how bad the business is for them from cycle mfg industry somewhere in Punjab to Tirupur in TN where garment manufacturing happens.
Mostly it's because them being out-priced by ultra-cheap imports from you-know-where or input costs rising like in Tirupur( electricity, cotton )