We should consider doing a tie up with Embraer if Airbus and Boring aren't willing to do local manufacturing.
Agreed. Hopefully India is exploring all options and avenues. But the fact is setting up airplane manufacturing plants and more importantly the entire ecosystem takes years if not decades. India does not have the luxury of time on their side.
Yeah a good option
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Peak high followed by the troughs .. if you know what I mean.
If these airlines are willing to spend this much dollars for a purchase, will it result in them eventually earning back all those dollars? Or will they just earn most of it in Rupees? If it's the latter, it means the country has given up on billions of its precious forex for these airlines who won't earn it back.
TATA Embraer plant would be good. Embraer makes world class short to medium range planes. TATA also will have some experience from the C295 plant.There are some ongoing discussions with Embraer in this regard. Unfortunately, the Big 2 are very unlikely to set up a manufacturing plant here. There are currently some talks to make atleast small civilian aircraft(~100 people capacity) locally with an Indian firm holding 51% of the joint venture.
India in talks with Embraer, Sukhoi to make small jets locally | India News - Times of India
India News: India is looking to partner with global aircraft manufacturers, including Embraer SA and Russia’s Sukhoi, to make small planes locally as it seeks to .
They're already finalizing a partner for manufacture of defence aircraft(with TATA/Mahindra) but I hope it happens soon for civilian aircraft too.
Embraer is in talks with Tata, M&M for manufacturing tie-up
Defence partnership likely by end of year; firm eyes IAF order
Forex is currently being paid to those middle-eastern airlines for international flights. If Air India and other airlines can take some of that market share then the savingd in forex will eventually make up for the forex spent on the planes.
I understand Air India can earn back the forex. My question was regarding these domestic airlines like IndiGo.
If the GoI had any strategic foresight they'd have linked the ongoing IAF RFI / RFP for the MTA with the need for a civilian RTA , formed a PPP between HAL & a reputed Indian business house already in to defence preferably aerospace defense in India like the Tatas or M&M & looked to get a strategic stake in EMBRAER before acquiring the entire company with it's portfolio of products lock stock & barrel.
He's close to realizing the scams global cities are.
Embraer also desperately needs orders, specially for the new C-series twinjets. This air India deal we made seems like we just paid $100+ billion to the US and EU in return for a few positive tweets from Biden.
Forex is not precious for India anymore. Already in current account surplus and perhaps will get worse as liquid fossil use declines. For balanced world trade one must import also. Else you are just accumulating foreign currency that until recent times offered very low interest rates
This post needs to be pinned to the top of the semiconductor thread.Another article from our enlightened Bengali Bhadralok Andy Fu-Kher-jee.
These people like RR who are already pronouncing the failure of PLI need to realize that even China doesn't do that much of value addition. It's barely 3 years since the scheme launched and the real capacity building started only 1.5-2 years ago. These kinds of schemes need a long gestation period and results wont be apparent at least till 6-7 years. Moreover, It always starts with assembly, nobody is gonna move their whole component ecosystem to India in 3 years. China and ASEAN countries have been in this game for many decades when UPA led India was sleeping.
Modi’s $24 billion manufacturing push is stuck on the assembly line
A $10 billion push to make semiconductors in India is on shaky ground. Its collapse will expose a major fault line in Prime Minister Narendra Modi’s campaign for greater economic self-reliance. Already, influential critics are asking if the much-touted success in becoming a hub for smartphone...www.deccanherald.com
At least for Apple products, here's a rough distribution:
- Accelerometer: Bosch Sensortech, based in Germany with locations in the U.S., China, South Korea, Japan, and Taiwan
- Audio chips: Cirrus Logic, based in the U.S. with locations in the U.K., China, South Korea, Taiwan, Japan, and Singapore
- Battery: Samsung, based in South Korea with locations in 80 countries
- Battery: Sunwoda Electronic, based in China
- Camera: Qualcomm, based in the U.S. with locations in Australia, Brazil, China, India, Indonesia, Japan, South Korea, and more than a dozen locations through Europe and Latin America
- Camera: Sony, based in Japan with locations in dozens of countries
- Chips for cellular networking: Qualcomm
- Compass: AKM Semiconductor, based in Japan with locations in the U.S., France, England, China, South Korea, and Taiwan
- Glass screen: Corning, based in the U.S., with locations in Australia, Belgium, Brazil, China, Denmark, France, Germany, Hong Kong, India, Israel, Italy, Japan, South Korea, Malaysia, Mexico, Philippines, Poland, Russia, Singapore, South Africa, Spain, Taiwan, The Netherlands, Turkey, the U.K., and the United Arab Emirates
- Gyroscope: STMicroelectronics. Based in Switzerland, with locations in 35 countries
- Flash memory: Toshiba, based in Japan with locations in over 50 countries
- Flash memory: Samsung
- LCD screen: Sharp, based in Japan with locations in 13 countries
- LCD screen: LG, based in South Korea with locations in Poland and China
- A-series processor: TSMC, based in Taiwan with locations in China, Singapore, and the U.S.
- Touch ID: TSMC and Xintec. Based in Taiwan.
- Touch-screen controller: Broadcom, based in the U.S. with locations in Israel, Greece, the U.K., the Netherlands, Belgium, France, India, China, Taiwan, Singapore, and South Korea
- Wi-Fi chip: Murata, based in the U.S. with locations in Japan, Mexico, Brazil, Canada, China, Taiwan, South Korea, Thailand, Malaysia, Philippines, India, Vietnam, The Netherlands, Spain, the U.K., Germany, Hungary, France, Italy, and Finland
We are already losing forex when the Gulf Airlines are dominating the air routes in India. First we need to take those air routes back to domestic airlines and then we can talk about producing plane parts in India and even full assembly in India.
We're still in current account deficit, though it's decreased to around 2% of GDP now. Bulk imports of this scale by a single company can't be compared to regular imports and exports.
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