PLI for server manufacturing incoming in near future.
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Watch Union Minister Rajeev Chandrasekhar (
@Rajeev_GoI) answer Jagdish Mitra's (
@jagdishmitra) question on the change in the world order post-covid & supply chain.
They are also going to announce a beefed up PLI for IT Hardware( servers included ) next year.
The current one flopped hard because Govt didn't have it's mainstay of duty increases to boost domestic production since we signed a WTO agreement called ITA-1 in 1996 which makes IT hardware imports ( laptops, PC components, AIO, Servers ) duty free.
Yes, I will go as far as saying Asian country(far east )have something (don’t have word I guess, I will use superior)otherwise what reason could be there all Asian countries are industrilized and others which started at the same did not and are in pathetic situation.
When the power centers were in east instead of west even then these country were thriving and prosperous.
And now see the Africa.indian subcontinent ,Middle East etc
You see china a communist country -industrialised
ROC, - again a industrialised
Both have same people.
Peddlers of chooran will say it's because of their( Chingchongs, Japanese, Koreans, Vietnamese ) shared (((Confucian Culture))) , just like another meme of Protestant Work ethic being peddled a century back, or the (((Hindu Rate of Growth))) used to snigger at us during the glorious time of Socialism and License Raaj.
Firstly all these either have had( Taiwan, Korea, Japan pre-WW2 ), or continue to have Authoritarian( our friendly neighbor and Vietnam ) governments.
This means no 5 year election cycles to waste money and energy on, no drama by Unions, no drama by paid protestors, no tarikh pe tarikh by lazy Milaards blocking land acquisition or anything else, no opposition parties opposing for the sake of opposing, no presstitutes broadcasting HUMAN RIGHTS KHATRE ME HAI propaganda, you can do all the things needed for the development of the economy unimpeded.
Ofc this doesn't mean being in a dictatorship means instant growth, industrialization and development.
2nd factor is all of the above have had( China ) or continue to enjoy close relations with the West( Japan, Taiwan, Korea and Vietnam since 80's Doi Moi reforms ), this resulted in the flow of capital, technology, education and access to large Western markets to promote export related growth.
and ofc the 3rd factor is the leadership is pragmatic, and focuses on set goals towards industrialization, for Korea and Japan this was through Chaebols( your Hyundai, LG, Samsung, Daewoo, SK Hynix ) and Zaibatsus/Keiretsus( Sony, Panasonic, Hitachi, Suzuki etc ) and Taiwanese national champions like TSMC, and for PRChina the list is numerous companies, big and small, ofc this level of support to business would be decried as crony capitalism here.
And of these the 3rd is the most important part, given good relations with the West, and an autocratic regime, you can still have a corrupt shithole with kleptocratic rulers, not saying in the above mentioned countries there's no corruption tho, it's massive in China, but atleast they deliver in some sense, it's not throat cutting loot that you have here under (((secular))) parties, remember, one can get filthy rich by investments also, not just by being a dacoit in a politician's clothing.
Thanks for coming to my TED Talk.
