Indian Economy: News and Discussion

ezsasa

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India exported textile worth 40 billion dollar versus bangle 48 billion dollars last financial year. The problem lies in regulations.
issue can’t be regulation, because textile industries are usually grouped in hubs, the industry controls the town itself.

sometimes old industries loose momentum/direction and become content with their revenues.

not everything is government’s fault.
 

Haldilal

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issue can’t be regulation, because textile industries are usually grouped in hubs, the industry controls the town itself.

sometimes old industries loose momentum/direction and become content with their revenues.

not everything is government’s fault.
Then what about the Welspun which was the only firm to cross 3 billion dollars mark even suppressed the Arvind. But because of one mistake which was probably planted by the international competitors made the firm almost brankcrupt. There is too much sabotage going in the big textiles firms. Even arvind had bad luck due to this. No always the firms can be blamed. No security and protection is for this firms. If every large textile company is struggling then it's not a company or industry problem but a bigger problems.
 

ezsasa

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Then what about the Welspun which was the only firm to cross 3 billion dollars mark even suppressed the Arvind. But because of one mistake which was probably planted by the international competitors made the firm almost brankcrupt. There is too much sabotage going in the big textiles firms. Even arvind had bad luck due to this. No always the firms can be blamed. No security and protection is for this firms. If every large textile company is struggling then it's not a company or industry problem but a bigger problems.
Which year was this?
 

Haldilal

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Which year was this?
Well spun 2015-2016, Arvind 2017 almost every year one Textile company is target to defame the indian textile industry. Ya Nibba what is the most impoartant thing in the textile. That is electricity when bangla provide their textile industry almost low cost electricity. And here our firms pays premium to the Electrcity companies. Then how will the competitive edge will come. The Bombay drying single unit in Jalgaon also was sold due to this issues as they cant reduce the cost. And hardly any subside are given to the textile manufacturing firms. Even SME textile companies struggle due to costly electricity.
 
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shade

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Well spun 2015-2016, Arvind 2017 almost every year one Textile company is target to defame the indian textile industry. Ya Nibba waht is the most impoartant thing in the textile. That is electricity when bangla provide their textile industry almost low cost electricity. And here our firms pays premium to the Electrcity companies. Then how will the competitive edge will come. The Bombay drying single unit in Jalgaon also was sold due to this issues as they cant reduce the cost. And hardly any subside are given to the textile manufacturing firms. Even SME textile companies struggle due to costly electricity.
Here Bijli is subsidised for "farmers" and general consumers.
Because they give lots of votes, simple, not business owner.
In al-Bangalistan sultana sheikh hasina has total control, so no need to throw gibsmedats for votes, unlike here.
 

ezsasa

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Well spun 2015-2016, Arvind 2017 almost every year one Textile company is target to defame the indian textile industry. Ya Nibba what is the most impoartant thing in the textile. That is electricity when bangla provide their textile industry almost low cost electricity. And here our firms pays premium to the Electrcity companies. Then how will the competitive edge will come. The Bombay drying single unit in Jalgaon also was sold due to this issues as they cant reduce the cost. And hardly any subside are given to the textile manufacturing firms. Even SME textile companies struggle due to costly electricity.
Hence the focus on solar & wind so that the electricity mix gets cheaper over a period of time.

These attempts to give electricity subsidies by congi govt is what caused entire power industry to bankruptcy few years back.

these are complex problems I agree..
 

Haldilal

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Here Bijli is subsidised for "farmers" and general consumers.
Because they give lots of votes, simple, not business owner.
In al-Bangalistan sultana sheikh hasina has total control, so no need to throw gibsmedats for votes, unlike here.
The problem is basic electricity, water supply, infractures, port connectivity. No need for subsidies but when the Melcchas textile industry can grow with thrice wages that is due to this factors. We need a solution so when can grow our Textile industry.
 

Haldilal

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Hence the focus on solar & wind so that the electricity mix gets cheaper over a period of time.

These attempts to give electricity subsidies by congi govt is what caused entire power industry to bankruptcy few years back.

these are complex problems I agree..
Solar and wind is not the total solution but nuclear power. The jaitapur nuclear plant would have reduced the electricity prices so this industry could have grown. But the international sabotage happened and then this crises started. Most of the textile industry in located in the Maharashtra and Gujarat. But this problems lies everywhere.
 

ezsasa

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Well spun 2015-2016, Arvind 2017 almost every year one Textile company is target to defame the indian textile industry. Ya Nibba what is the most impoartant thing in the textile. That is electricity when bangla provide their textile industry almost low cost electricity. And here our firms pays premium to the Electrcity companies. Then how will the competitive edge will come. The Bombay drying single unit in Jalgaon also was sold due to this issues as they cant reduce the cost. And hardly any subside are given to the textile manufacturing firms. Even SME textile companies struggle due to costly electricity.
i just checked, apparently majority of bangladesh power generation is from domestic natural gas. probably that explains why their electricity costs are low. BD probably doesn’t have huge electricity transmissions losses problem as well.
 

Chandragupt Maurya

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Yes solar
Solar and wind is not the total solution but nuclear power. The jaitapur nuclear plant would have reduced the electricity prices so this industry could have grown. But the international sabotage happened and then this crises started. Most of the textile industry in located in the Maharashtra and Gujarat. But this problems lies everywhere.
Yes solar energy is still expensive and has its limitations
 

ezsasa

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Solar and wind is not the total solution but nuclear power. The jaitapur nuclear plant would have reduced the electricity prices so this industry could have grown. But the international sabotage happened and then this crises started. Most of the textile industry in located in the Maharashtra and Gujarat. But this problems lies everywhere.
Agree, it’s not one problem, these are bouquet of problems.
 

ezsasa

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Haldilal

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Yes solar

Yes solar energy is still expensive and has its limitations
The solar is bad for health. Why because of the by product. So wind could be alternative. But its fluctuating. So the Nuclear most importantly the thorium power. We posses more than 50 percent of the world thorium. We could be the world thorium power. Andhra pardesh posses about one third of the thorium reserves.
 

Chandragupt Maurya

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FYI , solar is the cheapest form of electricity globally now.

But solar energy is not reliable it can generate electricity only in sun it can’t generate electricity at night time and Storing electricity is costly so focus should be on nuclear power Solar energy should be used to power households in remote areas , heavy industries and railways will depend on Nuclear power plants for electricity
 

Haldilal

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But solar energy is not reliable it can generate electricity only in sun it can’t generate electricity at night time and Storing electricity is costly so focus should be on nuclear power Solar energy should be used to power households in remote areas , heavy industries and railways will depend on Nuclear power plants for electricity
Solar for house hold like heating water, cooking etc. Wind for areas where the wind is abundant. Hydroelectricity where there can. Nuclear specially the thorium powers could be a important.
 

Chandragupt Maurya

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CNG powered Railway engines and Nuclear powered railway engines are future Indian railways and DRDO should work on developing a nuclear powered railway engines as well , if nuclear powered railway engines ever become a reality it will be a game changer as these engines will also be used as power plants to provide electricity to industries
 

Haldilal

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One of my cousin was going to construct a small micro Solar plant of 10 MW. That would had costed around 15 crores. The purchasing per wat rate was 2.5 rupees. But then the Electricity board would had purchased the electricity at loss. But my cousin stopped this project as the local electricity board was not purchasing the costly electricity due to the fluctuating subsidies. There are problems in pricing when a coal thermal plant can produce electricity at just 2 rupees. Then why would they pruchase such costly electricity. The nuclear plant can produce the electricity at just 1.5 rupees.
 
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Rassil Krishnan

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your tears are making me so happy...

Share the crying videos if possible, I tend to "getOff" on such videos from liberandus...
why are mods here not ban happy or am i the only truly aithoritarian one.i am always snooping around trying to find moles and when you see a guy named Swiftfarts why do you not suspect them.i even notice trends and behaviours.dont give air to opposing narratives and that is a beginner trick i know but it is not done here by mods.
 

ezsasa

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But solar energy is not reliable it can generate electricity only in sun it can’t generate electricity at night time and Storing electricity is costly so focus should be on nuclear power Solar energy should be used to power households in remote areas , heavy industries and railways will depend on Nuclear power plants for electricity
yes, what you say is correct.

But since majority of the solar electricity production happens during the day, and electric consumption is mostly during the day.

say national grid wants to buy 100 units of electricity. New Coal power plant unit usually costs around say 3.5 Rs , that's 350 Rs for 100 units . Solar at the same time cost at an average of 2.36Rs per unit, That's 236 Rs per 100 units, power from old hydel power costs even less.

So the Grid instead buys a mix of solar and coal, while using coal as the base load to maintain grid stability, and using solar to bring down the energy costs.

as far as fluctuations from solar energy are concerned, since ours is a national grid, these fluctuations are handled at the grid level.


The installed Renewable energy capacity of 84.39 Gw includes 37.28 GW from wind energy, 32.52 GW from solar, 9.94 GW from bio-power and 4.65 GW from small hydro plants. At present 31.68 GW capacity projects are at various stages of implementation and 18.68 GW capacity projects are under various stages of bidding.
 

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