Indian Economics Thread II

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luminary

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Apple may not be passing on the higher cost of assembling the iPhone15 and iPhone Plus in India to its customers -- compared to China as it is 13% more on the freight on board (FOB) value.

It will also not hike the price of the phones to absorb the hefty dealer margins of 10% to 12% it forks out in India. But even so the 'Made in India' phones are far more expensive than those available in the US or in Dubai.
A look at the numbers tells you an interesting story.

Despite the much-touted production-linked incentive (PLI) scheme, the disability between assembling the phones in India versus assembling them in China is still around 7% to 8% on their FOB value, say sources involved in the production of iPhones.
Apple also faces a tariff disability in India compared to China. The phones assembled in India have a value addition of around 15% plus.

A lot of the components, says sources involved in the assembly of iPhones in India, are imported and the government imposes basic customs duty on them.

The effective impact of these duties on the bill of material cost of an iPhone assembled in India is 7% to 8% (or around 5% on FOB value).

In China, though, Apple imports the components at zero duty.
 

Lethe

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I suppose India can turn the dial and produce 30,000,000 motorized rickshaws and claim the title of worlds #1 automaker

Per
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(the Indian automotive manufacturer's association that supplies data to
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for the comparative numbers linked previously) auto rickshaws are recorded separately under "3-wheelers" so it would not matter how many are produced.

FY2022-2023 Production
2-wheelers: 19,459,009
Passenger vehicles: 4,578,639
Commercial vehicles: 1,035,626
3-wheelers: 855,696
Quadricycles: 2,897
 
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ChongqingHotPot92

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I’m concerned that India is seriously looking for another fight with China (or Pakistan or both). As much as folks would like to focus on Taiwan, geopolitics and geography dictate that Taiwan is usually in the defence and receiving end of blows. In other words, Taiwan is not in a position to change the status quo, so Mainland China has most of the cards regarding when and how to attack. Based on India’s behaviour since 2017, however, it seems like the BJP Jai Hind has consistently been on the offensive both domestically and internationally. Since the US-China trade and technology war, New Delhi, not Washington, had been the most aggressive in banning Chinese apps and shutting Chinese firms out of the market. Whilst US carriers continue to patrol the Taiwan Strait, it is nonetheless a status quo (despite being unfavourable and unjust to China) maintained since 1979, if not 1950. India has constantly be poking China in the ass since the Doklam incident in 2017, whilst changing the status quo in regards to the overall relations to China much more dramatically compared to US-China Relations. I wonder if those Jai Hinds seriously look got another Sino-Indian War to prove their values in the international system.
 

ansy1968

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I’m concerned that India is seriously looking for another fight with China (or Pakistan or both). As much as folks would like to focus on Taiwan, geopolitics and geography dictate that Taiwan is usually in the defence and receiving end of blows. In other words, Taiwan is not in a position to change the status quo, so Mainland China has most of the cards regarding when and how to attack. Based on India’s behaviour since 2017, however, it seems like the BJP Jai Hind has consistently been on the offensive both domestically and internationally. Since the US-China trade and technology war, New Delhi, not Washington, had been the most aggressive in banning Chinese apps and shutting Chinese firms out of the market. Whilst US carriers continue to patrol the Taiwan Strait, it is nonetheless a status quo (despite being unfavourable and unjust to China) maintained since 1979, if not 1950. India has constantly be poking China in the ass since the Doklam incident in 2017, whilst changing the status quo in regards to the overall relations to China much more dramatically compared to US-China Relations. I wonder if those Jai Hinds seriously look got another Sino-Indian War to prove their values in the international system.
You give to much credit to India, They're a nuisance seeking attention, so why give them the satisfaction by lowering Yourself to their level, the more we ignore them the more irrational they become. So yeah the Chinese derived much joy seeing the Indians make a fool of themselves.
 

ChongqingHotPot92

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You give to much credit to India, They're a nuisance seeking attention, so why give them the satisfaction by lowering Yourself to their level, the more we ignore them the more irrational they become. So yeah the Chinese derived much joy seeing the Indians make a fool of themselves.
They are still a nuclear armed power with access to top-tier US and Russian weapons. It is a rising power (albeit a clumsy one) regardless of how you see it. Also, India enjoy extremely favourable geopolitical status for being courted by both Moscow and Washington. If I were in the PLA General Staff, I would not underestimate such adversary. I would look for opportunities to actively weaken it, promote internal instability in the country, and try to build military intelligence sharing and join operations with Pakistan, Sri Lanka, Myanmar, Nepal, and Bangladesh. In other words, containment plus rolling back. The level of join operations and planning between Pakistan and China with regards to a Jai Hind contingency is abysmal at best. If the CCP does not take India seriously, our grandchildren will ask how we have allow the rise of a rapist Hindu-nationalist regime to dominate South and Central Asia, extended its influence all the way to Qinghai and Mongolia.
 

proelite

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They are still a nuclear armed power with access to top-tier US and Russian weapons. It is a rising power (albeit a clumsy one) regardless of how you see it. Also, India enjoy extremely favourable geopolitical status for being courted by both Moscow and Washington. If I were in the PLA General Staff, I would not underestimate such adversary. I would look for opportunities to actively weaken it, promote internal instability in the country, and try to build military intelligence sharing and join operations with Pakistan, Sri Lanka, Myanmar, Nepal, and Bangladesh. In other words, containment plus rolling back. The level of join operations and planning between Pakistan and China with regards to a Jai Hind contingency is abysmal at best. If the CCP does not take India seriously, our grandchildren will ask how we have allow the rise of a rapist Hindu-nationalist regime to dominate South and Central Asia, extended its influence all the way to Qinghai and Mongolia.
A rapist Hindu-nationalist regime dominating? Are you talking about in a sexual way?

A nationalist government isn't going to make many friends locally. Just look at all the push back against China in East Asia for the perceived aggressions.
 
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