Indian Economics Thread II

[luminary]

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Indian business giants majors such as Tata Consultancy Services, Infosys, Wipro, Reliance Industries, and Essar have substantially

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in recent years.

The report, however, does not explicitly state the reasons for this spike in three years.

In which US sectors do Indian firms invest?​

Notably, up to 50% of Indian investments were focused on the US’s pharmaceuticals and information technology sectors.

The firms also spent nearly $185 million under corporate social responsibility and nearly $1 billion towards research and development, the report stated.

 

[Chevalier]

The one area which Russia could potentially use is probably cheap generic medicines, but I suspect those companies are not willing to risk secondary sanctions from the US, hence the impasse.

China is already making inroads into generic medicines considering a lot of APIs come from Chinese labs

 

[coolgod]

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Serious breach of diplomatic protocols: Papua New Guinea strains ties with India by yielding to US bullying tactics​

After extensive negotiations over the last year, Papua New Guinea agreed to jointly host with India, the 3rd edition of the Forum of India-Pacific Islands Cooperation (FIPIC) Summit in Port Moresby, between 21 to 23 May 2023. This included a high-level business delegation coming from India along with Prime Minister Narendra Modi to visit Papua New Guinea and undertake investments into key areas of oil and gas, pharmaceuticals, education, satellite and space industry, renewable energy projects like solar and hydroelectricity, defence cooperation and agricultural sectors.

Now, Papua New Guinea, for unknown reasons, has agreed to allow POTUS (President of the United States) to gatecrash this important FIPIC Summit. This has resulted in the cancellation of the Indian business delegation’s plans to visit Papua New Guinea. These actions by Papua New Guinea and the US are being perceived in India as a serious breach of established diplomatic protocols. It is pretty much resulting in the second-grade treatment being given by Papua New Guinea to Prime Minister Modi, who is a democratically elected leader of the largest populated country in the world, and has the third-largest GDP of the world.

Now, the latest revelations in MSM are that POTUS has instructed the prime ministers of Australia and New Zealand to attend the Pacific Islands Forum (PIF) Summit in POM on 22 May 2023, when POTUS will be in Papua New Guinea for only three hours!! This effectively has changed what was meant to be a full day FIPIC Summit in Papua New Guinea between the Indian prime minister and the PIF leaders into only a 90-minute event!! All this is because the Papua New Guinea prime minister couldn’t say NO to POTUS bulldozing his way for a meeting with PIF on the same day as FIPIC Summit and Papua New Guinea prime minister decided to accommodate POTUS demands at the last minute!

The Chinese government will leverage these dramatic diplomatic changes and breaches of protocols to increase its footprint in an unstable South Pacific region. This will increase the isolation of these small countries from their traditional colonial power countries’ hegemonic control as they seek to focus on important matters of global warming and economic growth through partnerships with Asian countries and the future largest economies of the world!

Modi who?

 

[pbd456]

Read the comment in Chinese economic thread that India promised infrastructure to countries that won't be built. So look up the status for Maldives 500m deal.

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[xypher]

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Serious breach of diplomatic protocols: Papua New Guinea strains ties with India by yielding to US bullying tactics​

Modi who?

This just reeks "how dare these dalits insult the god emperor modi of the Indian supapowa"? There are statements to pump up India's status in almost every paragraph, lol. India is also not really the third largest GDP in the world, it is only by PPP. PPP is useful for countries like China which produce almost everything in-house, for net importer countries like India - not so much because their imports on the global market are priced in dollars or other foreign currencies. Plus as we saw with Russia even sanctioned countries don't want Indian rupee because you can't do anything with it.

 

[Bellum_Romanum]

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Indian business giants majors such as Tata Consultancy Services, Infosys, Wipro, Reliance Industries, and Essar have substantially

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in recent years.

The report, however, does not explicitly state the reasons for this spike in three years.

In which US sectors do Indian firms invest?​

Notably, up to 50% of Indian investments were focused on the US’s pharmaceuticals and information technology sectors.

The firms also spent nearly $185 million under corporate social responsibility and nearly $1 billion towards research and development, the report stated.

Majority of businesses in India allegedly compete for about 10 MILLION Indians? I was very surprised at this revelation coming from this reporter who was infamous for her anti-China reporting when she was working at WION.

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[Chevalier]

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Serious breach of diplomatic protocols: Papua New Guinea strains ties with India by yielding to US bullying tactics​

Modi who?

Indians shouldn’t complain, this is the world they’re building for their white Anglo masters, after all.

in the meantime, I had no idea how crazily contrary to reality, the myth of “competent Indian management” of western firms

https://twitter.com/i/web/status/1656421729537871876

 

[pevade]

Indians shouldn’t complain, this is the world they’re building for their white Anglo masters, after all.

in the meantime, I had no idea how crazily contrary to reality, the myth of “competent Indian management” of western firms

https://twitter.com/i/web/status/1656421729537871876

This is probably from this website:

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It seems to have been reposted many times and looking for the name "aulakh kamar" yields many similar search results as the post.

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BTW the name is wrong, the CEO's name is Kamar Aulakh

 

[Strangelove]

Majority of businesses in India allegedly compete for about 10 MILLION Indians? I was very surprised at this revelation coming from this reporter who was infamous for her anti-China reporting when she was working at WION.

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Massive population on paper, but the viable consumer market is nowhere near that number as 100s of millions are illiterate dalit slaves with no spending power.

 

[BlackWindMnt]

This is probably from this website:

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It seems to have been reposted many times and looking for the name "aulakh kamar" yields many similar search results as the post.

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BTW the name is wrong, the CEO's name is Kamar Aulakh

Secretly I like this because it means i will have a job for the next 10~15 years to fix all the outsourced code. It's a dirty job but someone has to do it.

I expect the same to happen after the next 10 years after the AI boosted development when the world will wake up and be shocked by the shit level of code written with AI have to be fixed.