Indian Economy: News and Discussion

[Azaad]

Ya'll Nibbiars The ChatGPT is spending 70 lakh dollars per day and make go bankrupt in 2024.

What're they spending the money on ?

 

[another_armchair]

Stupidity?

https://www.business-standard.com/article/companies/india-s-camera-market-to-touch-rs-5-000-crore-by-2025-26-nikon-india-122092500241_1.html

No.

If we are going dirty in the business of arm twisting, we might as well go the whole hog and see what we can manage to squeeze out and hoard.

We have little to no presence in this segment. Sensors, lenses .. Japs and Europeans have total domination.

I think Tonbo also has to rely on OEMs for optical part of their products.

Nearly every IT nibba/nibbi buys a DSLR and the entry level DSLR costs nothing less than 25k. Add lenses and other accessories, that's upwards of 40k to a lakh for a starter kit.

Some of my friends, cousins have spent upwards of 30L in photography equipment.. personally know a wildlife photographer.. quite a big shot.. buys top of the line lenses, cameras and eventually sells them off or has a trade with them where they lend the lenses for a fee and give him his cut.

 

[FalconSlayers]

 

[shade]

Foxconn "committing" to opening factories all across the South.
Excluding Karela ( )

 

[Kcirtap]

Foxconn "committing" to opening factories all across the South.
Excluding Karela ( )

View attachment 217974

You ain't getting land in Kerela bruh

 

[shade]

No.

If we are going dirty in the business of arm twisting, we might as well go the whole hog and see what we can manage to squeeze out and hoard.

We have little to no presence in this segment. Sensors, lenses .. Japs and Europeans have total domination.

I think Tonbo also has to rely on OEMs for optical part of their products.

Nearly every IT nibba/nibbi buys a DSLR and the entry level DSLR costs nothing less than 25k. Add lenses and other accessories, that's upwards of 40k to a lakh for a starter kit.

Some of my friends, cousins have spent upwards of 30L in photography equipment.. personally know a wildlife photographer.. quite a big shot.. buys top of the line lenses, cameras and eventually sells them off or has a trade with them where they lend the lenses for a fee and give him his cut.

We're not going to magically start producing specialist lenses and sensor ICs my dude.

This is just to push for final assembly and other "simple" subcomponents, not W*stern crown jewel subcomponents.

See who does final assembly turning lenses, sensor other electronics and plastic casing into camera

Cameras (HS: Cameras,) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

Printers are mostly from Factory of the World and Thailand, Malaysia also is there.

Office Machine Parts (HS: Machinery;) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

 

[Kcirtap]

We're not going to magically start producing specialist lenses and sensor ICs my dude.

This is just to push for final assembly and other "simple" subcomponents, not W*stern crown jewel subcomponents.

See who does final assembly turning lenses, sensor other electronics and plastic casing into camera

Cameras (HS: Cameras,) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

Printers are mostly from Factory of the World and Thailand, Malaysia also is there.

Office Machine Parts (HS: Machinery;) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

Correct. We are only going to start making Lens once we get that Carl Zeiss factory set up.

 

[Azaad]

Foxconn "committing" to opening factories all across the South.
Excluding Karela ( )

View attachment 217974

Taiwanese like their bros across the Straits of Formosa are used to collecting Nokku Kooli irrespective of whether they're Commies , especially if they happen to be a group like Fox con .

In Geralam the sakkhavus primary source of income is nokku kooli.

Fundamental mizmatch. Hence not only no Fox con in Geralam but no Taiwanese will invest there. EVER.

 

[shade]

Taiwanese like their bros across the Straits of Formosa are used to collecting Nokku Kooli irrespective of whether they're Commies , especially if they happen to be a group like Fox con .

In Geralam the sakkhavus primary source of income is nokku kooli.

Fundamental mizmatch. Hence not only no Fox con in Geralam but no Taiwanese will invest there. EVER.

Nokku kooli - Wikipedia

en.wikipedia.org

Now I know why Karela's #1 export is the people and the #1 destination is the Gelf.

Chef (2017 film) - Wikipedia

en.wikipedia.org

In this film also this scheme is shown, where labour union gandus come to get money without actually doing anything

 

[shade]

Correct. We are only going to start making Lens once we get that Carl Zeiss factory set up.

Carl Zeiss plans biggest lens factory in India for €250 mn

The capacity for 260,000 Carl Zeiss lenses a day, is six times what the firm produces today

www.livemint.com

It's a chasma lens factory
Not fabulous DSLR lens
Or top-secret very expensive lens that goes into those IC fabrication machines.

Crown Jewel products are always manufactured on the soil of the W*st + vassals territories, not in some outsourcing destination.

If we want the manufacturing know how for these products, we have to use Chinese methods to acquire them, nobody will even Loicense such technologies to us, even if they do their govts will pass some restrictions.

 

[Azaad]

Nokku kooli - Wikipedia

en.wikipedia.org

Now I know why Karela's #1 export is the people and the #1 destination is the Gelf.

Chef (2017 film) - Wikipedia

en.wikipedia.org

In this film also this scheme is shown, where labour union gandus come to get money without actually doing anything

Next to Bongo / West Bangladesh , Geralam is a worker's paradize. In Bongo during working hours , it's addabaji , in Geralam it's samaadhaanavum shaanthathayum meaning beeph porotta / kerimeen with or without Kappa puzhukku plus toddy in the neighborhood toddy shop . Especially in government service & you're a Sakkhavu.

 

[thebakofbakchod]

Carl Zeiss plans biggest lens factory in India for €250 mn

The capacity for 260,000 Carl Zeiss lenses a day, is six times what the firm produces today

www.livemint.com

It's a chasma lens factory
Not fabulous DSLR lens
Or top-secret very expensive lens that goes into those IC fabrication machines.

Crown Jewel products are always manufactured on the soil of the W*st + vassals territories, not in some outsourcing destination.

If we want the manufacturing know how for these products, we have to use Chinese methods to acquire them, nobody will even Loicense such technologies to us, even if they do their govts will pass some restrictions.

Even replicating 1% of choinese manufacturing in high end sectors is impossible. There is literally 0 support by the government at all levels, and Indians are not known for brains in these sectors anyways due to our useless education system and universities. Fake papers or not, Chinese universities rank top in the world in almost all engineering fields, while we are no where in sight.

This is an overview of how China supports their industries. For every component you can think of, different cities in China have a specific industrial park, policies and subsidies/funds to bring them in. All of them have generous funding from banks etc, and they directly work with local PHDs and intellects to upgrade skills, infuse/appropriate technology. And unlike our rent seeking industrialists, there is a ruthless system in place to "support" companies that innovate/localise a certain field, capture certain revenue or export revenue etc and punish those who remain stagnant.

https://nitter.net/gregor_seb/status/1687027621954019328#m

^ Excellent thread to read. Any indian politician who thinks that manufacturing growth is as simple as PLI is delusional. PLI is such 1 step in the entire system that needs to be in place. Someone needs to get those Niti ayoog idiots to understand this and tell them to emulate what China did to a smaller extent.

 

[thebakofbakchod]

How could this be? Rajan told us we are not suited for manufacturing!

 

[shade]

Even replicating 1% of choinese manufacturing in high end sectors is impossible. There is literally 0 support by the government at all levels, and Indians are not known for brains in these sectors anyways due to our useless education system and universities. Fake papers or not, Chinese universities rank top in the world in almost all engineering fields, while we are no where in sight.

View attachment 217978

This is an overview of how China supports their industries. For every component you can think of, different cities in China have a specific industrial park, policies and subsidies/funds to bring them in. All of them have generous funding from banks etc, and they directly work with local PHDs and intellects to upgrade skills, infuse/appropriate technology. And unlike our rent seeking industrialists, there is a ruthless system in place to "support" companies that innovate/localise a certain field, capture certain revenue or export revenue etc and punish those who remain stagnant.

https://nitter.net/gregor_seb/status/1687027621954019328#m

^ Excellent thread to read. Any indian politician who thinks that manufacturing growth is as simple as PLI is delusional. PLI is such 1 step in the entire system that needs to be in place. Someone needs to get those Niti ayoog idiots to understand this and tell them to emulate what China did to a smaller extent.

Chinky runs a whole of govt approach to bag the crown jewel product manufacturing techniques.
It also extends to their "students" who go for overseas education, get in gora companies and pass back critical info back to the motherland.
This is how their universties are lumber one.

Our IIT boys main goal is to fuck off to phoren countries, or run some App startup here than answers questions nobody asked, bathing in those VC funds, selling and then fucking off to phoren countries.

Anyway don't blame them considering starting a business here is a clusterfuck, and who can beat the $$$ and "kwality oph laif" in W*stern countries.

In our randikhana of democrazy this is not possible.
Even getting these assembly shops here is a big "feat" compared to the ghanta that was present previously.

Their's is a govt promoted culture of grabbing opportunities by the pussy
Our's is a bottom up culture of cutting each other's throats if it brings us benefit, especially benefit from the foreign master.


Getting the assembly shops is easy considering we don't have a total bikau govt in power, getting them to be imported by the rich countries is a bit harder but getting the crown jewel techs is the hardest.
Also no market access even if we get those crown jewel techs at parity with the West.

 

[SKC]

What're they spending the money on ?

Servers and infrastructure!

 

[SKC]

No.

If we are going dirty in the business of arm twisting, we might as well go the whole hog and see what we can manage to squeeze out and hoard.

We have little to no presence in this segment. Sensors, lenses .. Japs and Europeans have total domination.

I think Tonbo also has to rely on OEMs for optical part of their products.

Nearly every IT nibba/nibbi buys a DSLR and the entry level DSLR costs nothing less than 25k. Add lenses and other accessories, that's upwards of 40k to a lakh for a starter kit.

Some of my friends, cousins have spent upwards of 30L in photography equipment.. personally know a wildlife photographer.. quite a big shot.. buys top of the line lenses, cameras and eventually sells them off or has a trade with them where they lend the lenses for a fee and give him his cut.

There are lenses ranging from 1-5Lakh all the way upto 60-75lakhs per piece.

 

[Spindrift]

What're they spending the money on ?

They are in all probability running whole bunch of GPU instances for machine learning and on Azure is costs from anywhere Rs 53000 \month for NC6 series to Rs 16,26,809\month for ND96asr A100 v4 series.

 

[another_armchair]

We're not going to magically start producing specialist lenses and sensor ICs my dude.

This is just to push for final assembly and other "simple" subcomponents, not W*stern crown jewel subcomponents.

See who does final assembly turning lenses, sensor other electronics and plastic casing into camera

Cameras (HS: Cameras,) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

Printers are mostly from Factory of the World and Thailand, Malaysia also is there.

Office Machine Parts (HS: Machinery;) Product Trade, Exporters and Importers | The Observatory of Economic Complexity

The world's leading data visualization tool for international trade data.

oec.world

No way but we can at least get the shitty screw driving work to begin with. Am sure we can at least make casings etc.

At the moment, we only make accessories like camera bags and Nikon simply brands it after sourcing it from a local manufacturer for a pittance and marks it up by 10-20x.

When Govt. is in overdrive, let it at least attempt or 20 years from now, we will be back at the same RR - we didn't even try.. our best opportunity was when Modi was in power.

Let them extract whatever they can out of the opportunity.

 

[skunk works]

Ya'll Nibbiars The ChatGPT is spending 70 lakh dollars per day and make go bankrupt in 2024.

Another example of venture capital life support keeping something alive?

 

[SKC]

Another example of venture capital life support keeping something alive?

They are already working on outdated data now.

Non premium version allows only 5 queries each day and the data set is restricted to end of 2021.

It is only good for writing essays, case studies, reports and coding solutions in case you are stuck on some error.