Indian Economy: News and Discussion

IndianSpiderman

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Jean Dreze is an out and out communist who used to pretend to live in some slum in Delhi since apparently he loves poverty so much. The guy was a part of Sonia's National Advisory Council that was replete with India haters such as Aruna Roy and Harsh Mandar. TN lost the Vedanta plant and the proposed Chennai-Salem expressway because local Christian groups wouldn't have any of that. Brace for every infrastructure project in the state to be shot down by these clowns going forward.
 

IndianSpiderman

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They'll probably kill every infra project in TN and then blame the center of building "Naarth India" with TN's tax money when Uttar Pradesh covers itself with a web of expressways in the near future.
 

Lonewolf

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They'll probably kill every infra project in TN and then blame the center of building "Naarth India" with TN's tax money when Uttar Pradesh covers itself with a web of expressways in the near future.
I see similar views among many south indian, fuckers don't realize that north was the one to be used for growth of south , north can't have more industry due to far from ports , south got a lot of smuggling money , talent pool of north contribute to south too , but no we dravidian and shieet , asshole clowns .
 

IndianSpiderman

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The North was ruined by a slew of divisive, far left politicians, especially post JP movement. The double whammy of a socialist central government and even more socialist State governments competing with each other over who's more socialist was bound to be disastrous. The South was lucky to somewhat escape that fate. Looks like the tables are slowly turning.
 

Edinburgh

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Increasing cost competitiveness itself indicates better industrial support base. When chinks pulled out this same trick it was due to better industrial environment but for others it is coz Chinks are voluntarily 'donating' industries, right? Also going by Chink logic all the export focused units should move out of Coronaland. Tesla is also losing market share there. Please kick them out as well.
Supa powa china. Happy now? Don't shit here.
Competition is the norm, the failure of course will leave, the success will continue to make money. Japanese and German cars are still very successful in the Chinese market,but the market share of Hyundai Automobile declined year by year.

It is natural for business to be free to go where it can make the most profit.

Samsung's closure was also supported by the local government,In addition to the normal severance package, Samsung gave each employee the latest phone,What large enterprises do is still more reliable.

Samsung's failure was mainly due to the explosion of Samsung Note 7 batteries,After that, the global recall except the Chinese market,Because Samsung claims that it did not use the exploding battery in the Chinese market.Because of this one, it lost the confidence of most consumers,Along with other other end consumer goods.
 

warriorextreme

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View attachment 95841

How much does an ultrasound scan cost in India? Rs. 400 - 1500 max.

An abdomen USG costs almost 800 dollars in Canada and this comes with a waiting period.

We are still way lot better than a lot of these high per capita income countries.

This is true, also In Tier 2 and Tier 3 cities the costs are much much lower than in cities like Mumbai, Delhi.
Our only problem might be our population and our ability to spend more on healthcare systems that are in reach of each and every individual be it in Cities or Villages.

The health industry in the most of the western countries is not as hunky-dory as it is portrayed to be. If one does not have extremely good healthcare and dental plan then they are doomed.

 

warriorextreme

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This news has been played.
Due to the better industrial environment and investor-friendly policies, Samsung shifts display manufacturing unit from China to UP's Noida
It comes from Indian politicians: We did well, beat China, give us the vote.

In fact, Samsung shut down the consumer side of China because it failed to compete in the Chinese market,Samsung mobile phone China market share is less than 1%, Samsung TV China market share of 1.9%, Samsung laptop China market share of 2%. It will naturally move to new markets.

It can be known through Korean newspapers.

“Samsung Electronics will shut down its TV plant in Tianjin, China at the end of November. The Tianjin TV factory is the company’s only TV production base in China. At the plant, it has mainly produced TVs for the Chinese market.

Industry watchers attribute the plant shutdown to a decline in its cost competitiveness and rising labor costs in China. Samsung Electronics' share in the Chinese TV market stood at 4.8 percent in the first half of 2020, falling behind Chinese companies such as HiSense (17.2 percent), Skyworth (14.9 percent), Xiaomi (14.5 percent) and TCL (14.4 percent)

Samsung Electronics has not only stopped producing TVs but other products in China. Previously, it stopped operating its Tianjin smartphone plant at the end of 2018 and its Huizhou smartphone plant in Guangdong Province in 2019. In July this year, the company also decided to stop its last PC plant in Suzhou.
Samsung Electronics is reducing production in China and is increasing ODM and OEM production. Currently, Samsung's ODM products are manufactured by China's Wingtech. OEM and ODM supplies are on a steady rise in the home appliance business. Samsung Electronics is currently producing low-priced kimchi refrigerators and clothing care machines through the OEM method.

On top of that, Samsung Electronics is focusing on production in emerging markets such as Vietnam and Latin America. Its manufacturing bases have been more diversified compared to the past.


It can be seen that Samsung closed the end consumer market because of the failure of competition, and focused on emerging markets, Vietnam, Latin America and India,

And not What some politicians claim Mainly because.:Due to the better industrial environment and investor-friendly policies, Samsung shifts display manufacturing unit from China to UP's Noida

This is the art of language,If the news says: Samsung because of the failure of competition in the Chinese market, China's second-hand production lines moved to India. Who will vote for ?
Samsung displays are not just used by Samsung mobiles but in Iphones as well. Having this moved to India from China is the kick start we need for greater things in the future.

 

FalconSlayers

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Samsung displays are not just used by Samsung mobiles but in Iphones as well. Having this moved to India from China is the kick start we need for greater things in the future.

Don’t feed this chinese troll @Edinburgh .
 

Haldilal

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Chandragupt Maurya

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doreamon

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Samsung displays are not just used by Samsung mobiles but in Iphones as well. Having this moved to India from China is the kick start we need for greater things in the future.

he first started with samsung dint move its display unit .. only a fraction was moved fr local demand .. then said it moved display unit because it was not doing good business in china .. wht abt the fact that it saw good opportunity in india and specially in UP the cow belt .. So the comments are not for exchanging ideas .. it is for certain objective i.e plz dont give credit to govt .. :devil:
 

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