Indian Economy: News and Discussion

[Sehwag213]

This wistron facility has been operating since 2019 only iirc.
Foxconn was the first to do iPhone assembyl here.

btw Foxconn, Wistron etc OEMs do assembly test packaging for other companies also apart from Apple, like Foxconn also assembles phones for Xiaomi

Join the dots

 

[shade]

Join the dots

View attachment 70522

Chini-Paki-Commie-Mulle-Regional Parties opposed to Modi-Congressis sab mile hue hai.
They all work co-operatively, see these so called farm protests itself.
I tell you having a "secret police" or some internal surveillance/intelligence is the need of the hour.

 

[hit&run]

They were making I phone since 4 yrs but the attack only happened now when the economy was on recovery and country was receiving whooping FDI.

Even a high school drop out can see that these farmers protests are to harm and hamper the economy.

They are scared of media which has stopped putting forth their side of narrative. When they do such protests the common man suffering becomes national outrage. They are not showing same street power in Congress-I or TMC et al. lead states. Their party heads are hit with stones and bombs. Just with a little bit of challenge they become defensive. Can not call out groups by their names and their anti-state action.

A lot of dog-whistling, asking others to see and analyze themselves, and abstract games are what they are reduced to do.

 

[shade]

India to produce 100 cr mobile phones, 5 cr laptops in 5 years: Prasad - Times of India

India Business News: Communications Minister Ravi Shankar Prasad on Tuesday said the country aims to produce 100 crore mobile phones, five crore television sets and five c

timesofindia.indiatimes.com

================================ Start of Article==============================

India to produce 100 cr mobile phones, 5 cr laptops in 5 years: Prasad

Communications Minister Ravi Shankar Prasad on Tuesday said the country aims to produce 100 crore mobile phones, five crore television sets and five crore IT devices like laptops and tablets in the next five years.
Prasad also said 4G is working in the country and trials for 5G will also start soon.
"In the coming five years, India is going to start producing one billion mobile phones, 50 mn television sets and 50 mn IT hardware devices like laptops and tablets. That is our vision in electronics manufacturing for the coming five years," Prasad said at a CII virtual event.
He added that the country wants to scale up the digital economy in the coming five years to USD 1 trillion.
According to industry body India Cellular and Electronics Association (ICEA), India has the potential to scale up its cumulative laptop and tablet manufacturing capacity to USD 100 billion by 2025 through policy interventions.
In a joint report with EY, ICEA said scaling up laptop and tablet manufacturing can take the country's share in the global market to 26 per cent from the current 1 per cent.
Besides, it will generate 5 lakh new jobs and lead to a cumulative inflow of foreign exchange to the tune of USD 75 billion and investment of over USD 1 billion by 2025, ICEA said in a report on opportunity for making laptops and tablets in the country.
The National Policy on Electronics 2019 (NPE) envisages the electronic manufacturing turnover of USD 400 billion by 2025, out of which USD 190 billion is expected to come from the mobile phone segment.
The domestic market will account for around USD 170 billion by 2025, and there is a need to look at export markets for the rest of USD 230 billion to meet the target of NPE 2019.
"India must become a good centre of manufacturing as a part of the global supply chain. That is our focus," Prasad said.

============================End of Article==================================

Figures are most likely jhumlas or "optimistic figures" expected from a politician, but it's good to see him talking about laptop/tablet manufacturing, something on which MeiTY was sleeping for all these 5 years.
Server manufacturing is also an area where there is great potential for export and domestic consumption.

 

[another_armchair]

Chini-Paki-Commie-Mulle-Regional Parties opposed to Modi-Congressis sab mile hue hai.
They all work co-operatively, see these so called farm protests itself.
I tell you having a "secret police" or some internal surveillance/intelligence is the need of the hour.

They have all the actionable intel but do they act upon it?
NO.

 

[Sehwag213]

This is a golden opportunity to ban all communist led Union in the country. Govt should know this is the right time.

 

[shade]

This is a golden opportunity to ban all communist led Union in the country. Govt should know this is the right time.

Kuch nahi hoga lol.
In one-two months everyone will forget about this.
The rats will then be back in their holes planning their next scheme.

 

[sorcerer]

Where is that dumb Greta Thumb-sucker and some Indian girl from north east?

Last I check that girl from NE is more sinister than librandu woke bimbos of bollywood. She was first protesting for air quality in Delhi but never mentioned stubble burning and farmers. Now She was last seen at farmer’s protests. Always barking at Modi government but never praise or publishes good work.

child activists..are a new trend by the chinese syndicate.
The "color" part on liberalism and stuff could be funded by chinese/jihadis for more "INCLUSION" in govt jobs so that they can put their spies deep into govt departments. Second generation chinese americans fit well into such categories.

 

[Chandragupt Maurya]

UP will become 1 Trillion by 2030 and if Maharashtra develops Mumbai and other cities and fills Mumbai will high rises and sky scrapers then Maharashtra’s GDP will cross 1 Trillion by 2030. By GIFT and Dholera, Gujarat can touch 750 Billion dollars, if Karnataka makes itself the IT hub then it can become a 600-700 Billion dollar economy by 2030, if you make Bihar an Agriculture Hub properly then it can reach 240 Billion dollar by 2030. North East can also play a big role in tourism and cross border trade.

GSDP of Bihar is already 96 Billion Dollars Bihar is Growing at the rate of 10.53% (2018-19) with this rate GSDP of Bihar will be much above 240 billion dollars and growth rate of Bihar is going rise further as industrialization and Urbanization has just started booming in Bihar

 

[Haldilal]

Ya'll Nibbiars

Interups says it has Rs 13,500 cr ready for Air India, can invest billions

US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval

www.business-standard.com

 

[Suryavanshi]

Ya'll Nibbiars

Interups says it has Rs 13,500 cr ready for Air India, can invest billions

US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval

www.business-standard.com

How does a Company buy other bankrupt company and turn it profitable?
If the company being sold could not do it than how come the new company hopes to do so?
Can anybody explain.

 

[FalconSlayers]

GSDP of Bihar is already 96 Billion Dollars Bihar is Growing at the rate of 10.53% (2018-19) with this rate GSDP of Bihar will be much above 240 billion dollars and growth rate of Bihar is going rise further as industrialization and Urbanization has just started booming in Bihar

No not much in Bihar. The whole country literally requires Redevelopment. Thats how we should become a developed nation.

 

[Haldilal]

Ya'll Nibbiars

L&T emerges as lowest bidder in multiple infrastructure projects - ET EnergyWorld

Larsen and Toubro (L&T) has emerged as the lowest bidder in multiple infrastructure projects, including ONGC, Nuclear Power Corporation and Chennai Metro Rail.

energy.economictimes.indiatimes.com

 

[indus]

How does a Company buy other bankrupt company and turn it profitable?
If the company being sold could not do it than how come the new company hopes to do so?
Can anybody explain.

Its called business restructuring. Companies go kaput due to wrong decisions by management, which brings them into a vicious cycle which they cant break, eventually leading to bankruptcy. Still, a bankrupt company is not something of zero value. It still has worth. Such value may be due to assets such as land, plant, IP, patents, specialised customers, market access etc. It just needs a fresh lease of life by way of new investment, and correction of past wrongs.

 

[Chandragupt Maurya]

No not much in Bihar. The whole country literally requires Redevelopment. Thats how we should become a developed nation.

No not much in Bihar. The whole country literally requires Redevelopment. Thats how we should become a developed nation.

No I was just saying that even if Bihar Continues to grow at this rate (10.53% per annum ) Bihar can Easily Become a 300 Billion Dollar economy by 2030 but if Bihar achieves its previous growth rate of 15-16% per annum which is possible in case of Bihar then Bihar can easily cross 500 billion dollars by 2030 the tax collection in Bihar is very high in proportion to The GDP total Budget of Bihar state government for 2020-21 was a whooping 31 billion dollars
UP although doesn’t have a very high Growth rate like Bihar only 6.48% let’s see what Yogi Government does

 

[shade]

No I was just saying that even if Bihar Continues to grow at this rate (10.53% per annum ) Bihar can Easily Become a 300 Billion Dollar economy by 2030 but if Bihar achieves its previous growth rate of 15-16% per annum which is possible in case of Bihar then Bihar can easily cross 500 billion dollars by 2030 the tax collection in Bihar is very high in proportion to The GDP total Budget of Bihar state government for 2020-21 was a whooping 31 billion dollars
UP although doesn’t have a very high Growth rate like Bihar only 6.48% let’s see what Yogi Government does

They need something like Noida to boost their growth, both HDI and economic growth rate wise.
UP meanwhile needs 2-3 more Noida like cities.

 

[shade]

child activists..are a new trend by the chinese syndicate.
The "color" part on liberalism and stuff could be funded by chinese/jihadis for more "INCLUSION" in govt jobs so that they can put their spies deep into govt departments. Second generation chinese americans fit well into such categories.

kiddies and extremely old folks make excellent propaganda tools and give good Optics, high emotive value they have..
You see both deployed in shaheen bagh and these farmer protests now.
and earlier women and kids were used for gathering sympathy in Palestine, little kiddies would be encouraged by their parents and mullahs to thrown stones at or antagonize Israeli soldiers through other means.

 

[another_armchair]

kiddies and extremely old folks make excellent propaganda tools and give good Optics, high emotive value they have..
You see both deployed in shaheen bagh and these farmer protests now.
and earlier women and kids were used for gathering sympathy in Palestine, little kiddies would be encouraged by their parents and mullahs to thrown stones at or antagonize Israeli soldiers through other means.

Which child would send his/her parent on a protest with winter setting in amid the deadliest pandemic of our times?
The chances of a safe return home for these fragile seniors diminishes with every extra day they spend in the open exposed to the vagaries of nature and the harshness of the protest.

These children are guilty of murdering their parents in cold blood.
Yes, that is what it is - Cold blooded murder.

It was like any other day in school when our PT sir walked into our class, called out the names of two girls and announced - Your fathers have died. Come with me to the office.
The girls broke down and sobbed inconsolably and were in no state to move.
Their fathers serving in Indian Army had laid down their lives in Sri Lanka as members of IPKF.

Ask a fauji or a vardiwallah's kid what it is like to not see your father for months and never sure whether they will ever see them again.

 

[shade]

Which child would send his/her parent on a protest with winter setting in and the deadliest pandemic of our times?
The chances of a safe return home for these fragile seniors diminishes with every extra day they spend in the open exposed to the vagaries of nature and the harshness of the protest.

These children are guilty of murdering their parents in cold blood.
Yes, that is what it is - Cold blooded murder.

The magic of religion my frand.
Also the underlying nefarious angle of getting rid of your old and useless parents and acquiring their very useful property and money.

I mean you can put the blame on Modi, everyone will buy it wholesale.
Shitting on Modi is the trend since 2014.
Anything bad in your life happens it's because of Modi.

 

[Chandragupt Maurya]

They need something like Noida to boost their growth, both HDI and economic growth rate wise.
UP meanwhile needs 2-3 more Noida like cities.

But Bihar is already growing at the rate of 10.53% much higher than national average it’s actually the economic growth rate which will make Noida like cities and not the other way around in Next 10 years Madhya Pradesh is also going to become a major economy