Indian Economy: News and Discussion

shade

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This is huge if true. I hope we get this through.
This is a company that makes parts and software for machines used in chip foundries/fabs, not a company that manufactures the chips in a foundry itself.

Very strange happening indeed.

Usually these types of businesses have highly automated production and need big brained employees with specializations.
 

sauntheninja

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This is a company that makes parts and software for machines used in chip foundries/fabs, not a company that manufactures the chips in a foundry itself.

Very strange happening indeed.

Usually these types of businesses have highly automated production and need big brained employees with specializations.
Perhaps they want to diversify their supply chain plus there is a huge demand for new machines for fabs due to the chip shortage
 

Chandragupt Maurya

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For me development means increase in average life expectancy rest everything else is secondary to that if increase in GDP is not leading to increase in average life expectancy then it’s of no use
Average life expectancy of India is better than Pakistan Afghanistan but it’s lower than Bangladesh and Nepal
 

Indx TechStyle

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Gosh! The amount of self hatred a bunch of Indians are showing in the comment section is mind boggling! Some are still stuck with the fact that Bangladesh only temporarily surpassed India on nominal GDP per capita (anomalous economic trend due to covid-19 and non-permanent by nature) which is no longer the case as per most recent IMF stats. Others are predicting that India will do even worse than Pakistan, XD.
Anyways, to talk facts, A lot of these African nations cannot even count their population properly. Some even rely on estimates rather than doing a detailed census! Nigeria, Somalia are ravaged by civil wars and tensions between various groups. Ethiopia is extremely unstable. Africa does not mean South Africa and Morocco only, my goodness! At this point a lot of African nations are literally drowning in debt. Chinese debt traps are killing them slowly. Even the much touted Rwanda, the so-called Singapore of Africa is an absolutely poor nation.
Anyways, Couptaji back with his agenda again. Don't get me wrong he tries really hard to monkey-balance and make factual videos but the point is why make videos on topics he himself has no idea about?
I watched the video and it was terrible he didn't get into the topic till the last five minutes of the video most of the video was spent asking people to subscribe to their newspaper and other half was filled with terrible anologies. In this video he specifically mentioned two states bihar and up and compared their per capita incomes to African countries which is a useless metric because both states are growing faster and those two states are a part of india why take them as separate countries
Just ended up watching it. Didn't expect it from Shekhar Gupta. 10 mein se zero number. Entire video was full clueless tantrums.
Except of Seychelles and Mauritius (which themselves are Indian settlements), no sub-Saharan country has been doing any better than any region in world, not even Pakistan, Yemen and Afghanistan.
Even those few with higher GDP/capita and HDI have actually holes in it (since that's strictly natural resources). Their income inequality is high enough that they lose 40% in IHDI (includes African superpower South Africa) and poverty ratios of over 30%-50%, GDP growth and population growths matching, in fact GDP growing because of population.

Africa isn't going to be a thing in world till it has stable political systems and invests in buildings institutions and intellegentsia. There isn't in sight for now.
You cannot put Bangladesh and Pakistan in same category Bangladesh is much better than Pakistan on all parameters
Not necessarily, a large fraction of Bangladeshi population is daily wage labourer far poorer than Pakistani middle class.
Or maybe start a trading zone that helps each country having dangerous countries as your neighbors will mean there will never be stability in the region which can hurt investments it would be in our best interest to develop south asia rather than do it all alone
India accounts for 80% of South Asian economy and accordingly in area and population too. So, it really doesn't matter. India's largest trade partners live in Europe and east Asia and not in neighborhood.
Also "British made this/British, Portuguese made that". They didn't make infra out of love for us Pajeets
when goras made infra they had their Gora children in mind, Gora children sitting in their exuisite infra and whipping the shit out of brown coolies like t90.
They genuinely believed they will rule over us forever.
All the beautiful British infra u see today was made by plundering poor folks in Rural area, taxing them to oblivion and ustislising slave labour.
Of course they didn't lol. I was just admiring the architecture & proper urban planning. India can have architecture of both world. Britain, Portugal, france is part of Indian history, just like mughals, sultanate & countless other foreign power which rule this land etc.
There is no significance of British infrastructure beyond RSA.
Most of top institutions and modern infra-cities were either built after independence left or were reformed and re-staffed with Indians after British left.
DPSUs, IITs, AIIMS, IISERs, IISCs, modern network of large railways, metros and roads and private-ecosystems are a product of governments of India post-independence.

"British brought trains to India" is just a white-saviour rhetorics suiting to ignorant European populace.
Porkies have no future, leave them, they plan to have their own satelite launch vehicle only by 2040 under their SUPARCO 2040 Plan, meanwhile ISRO thread discussed what all alien tech is ISRO working on to be completed before 2030 imagine ISRO 2040, lol. And SUPARCO will only have a small satelite launch vehicle which is a joke tbh.
SUPARCO doesn't have any launch vehicle program. 2040 vision is to have a constellation of 6 communication satellites.
 

Indx TechStyle

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For me development means increase in average life expectancy rest everything else is secondary to that if increase in GDP is not leading to increase in average life expectancy then it’s of no use
Average life expectancy of India is better than Pakistan Afghanistan but it’s lower than Bangladesh and Nepal
Life expectancy depends upon living standards and working hours and retirement age of people in life, what's their food and air quality.

Indians are underweight and lack protein (hence live short) because of vegetarian factor (30% of population).
 

ezsasa

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Life expectancy depends upon living standards and working hours and retirement age of people in life, what's their food and air quality.

Indians are underweight and lack protein (hence live short) because of vegetarian factor (30% of population).
living beyond 65 is nothing but pain , suffering & medical cost for the current young generation.

Our previous generation and the one before were healthy people, not the current generation.
 

sauntheninja

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living beyond 65 is nothing but pain , suffering & medical cost for the current young generation.

Our previous generation and the one before were healthy people, not the current generation.
Our country dosen't really give a shit about sports so most remain overweight and unfit look at Australia they emphasise sports from a young age and look at SE asian countries because they walk everywhere they remain quite fit even later in life
 

warriorextreme

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This is a company that makes parts and software for machines used in chip foundries/fabs, not a company that manufactures the chips in a foundry itself.

Very strange happening indeed.

Usually these types of businesses have highly automated production and need big brained employees with specializations.
I know, there are very few companies that make such machines. As per 2017 stats "Applied Materials" was a leader in sale of such machines.


2017(Billion $USD)
ankCompanyRevenueMarket share
1Applied Materials10.69620.9%
2Lam Research8.14015.9%
3Tokyo Electron7.20314.1%
4ASML7.18614%
5KLA-Tencor2.8175.5%
6Dainippon Screen2.3902.7%
7SEMES1.0492.1%
8Hitachi High-Technologies1.0312.0%
9Hitachi KE0.9721.9%
10Daifuku0.6901.3%
 

SKC

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I know, there are very few companies that make such machines. As per 2017 stats "Applied Materials" was a leader in sale of such machines.


ankCompanyRevenueMarket share
2017(Billion $USD)
1Applied Materials10.69620.9%
2Lam Research8.14015.9%
3Tokyo Electron7.20314.1%
4ASML7.18614%
5KLA-Tencor2.8175.5%
6Dainippon Screen2.3902.7%
7SEMES1.0492.1%
8Hitachi High-Technologies1.0312.0%
9Hitachi KE0.9721.9%
10Daifuku0.6901.3%
I thought ASML was the market leader.
Maybe in the most extreme process node ASML leads but over all considering all kind of semi conductors, AM is leader.
 

warriorextreme

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I thought ASML was the market leader.
Maybe in the most extreme process node ASML leads but over all considering all kind of semi conductors, AM is leader.
Data is from 2017. I can see that as per new report ASML became a leader in 2019 but AM became leader by small margin again in 2020.

 

FalconSlayers

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This is a company that makes parts and software for machines used in chip foundries/fabs, not a company that manufactures the chips in a foundry itself.

Very strange happening indeed.

Usually these types of businesses have highly automated production and need big brained employees with specializations.
It is to fight chip shortage, by supply of components, and later chips themselves, GoI should not let this oppurtunity be missed.
 

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