Indian Economics thread.

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Strangelove

Strangelove

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AndrewS said:
The decline in Indian R&D intensity isn't solely due to Modi and the BJP. Remember that Congress was also in power during this time and that Indian state governments have a great deal of power over the business environment.

So it's more characteristic of the system and environment in India
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The system and environment in India is essentially short-termism, cronyism & feudalism, of course it applies to everyone else in the game, regardless of BJP or other parties, the same formula of buying off the constitutents for votes, sleeping with established businesses and tycoons to defend the status quo and milk it to the full extend.
 
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AndrewS

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Strangelove said:
The system and environment in India is essentially short-termism, cronyism & feudalism, of course it applies to everyone else in the game, regardless of BJP or other parties, the same formula of buying off the constitutents for votes, sleeping with established businesses and tycoons to defend the status quo and milk it to the full extend.
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It goes beyond that. I think it is symptomatic of the excessive diversity India in terms of languages, religions, races etc etc
There isn't enough common ground, so short-termism, cronyism and feudalism / tribality is the norm.

Plus it has been noted that cultures formed from warmer climates (like India) are more diverse and less disciplined.
The theory is that disease is much rampant in tropical climates (due to mosquitoes) which doesn't allow for a homogenous people to dominate and that climates with a clear winter/summer difference means people have to be disciplined to save food to survive the winter.
 
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Wetpud

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Strangelove said:
The system and environment in India is essentially short-termism, cronyism & feudalism, of course it applies to everyone else in the game, regardless of BJP or other parties, the same formula of buying off the constitutents for votes, sleeping with established businesses and tycoons to defend the status quo and milk it to the full
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Haha. What I've witnessed currently many indian over selling the number of unicorn in india, the number of startups india produced in 2021, PLI etc etc. They tried to tell to the world that india is on the way up the tech level with all these unicorns they have. And I'm here just laughing seeing how naive all these indian.
 
Equation

Equation

Lieutenant General
Strangelove said:
The system and environment in India is essentially short-termism, cronyism & feudalism, of course it applies to everyone else in the game, regardless of BJP or other parties, the same formula of buying off the constitutents for votes, sleeping with established businesses and tycoons to defend the status quo and milk it to the full extend.
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That sounds exactly like democracy countries everywhere.
 
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Wetpud

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HCL Co-Founders Ajai Chowdhry, Arjun Malhotra Launch EPIC Foundation To Promote 'Atmanirbhar' In Electronics Manufacturing, Dr Satya Gupta Roped In As CEO

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HCL Co-Founders Ajai Chowdhry And Arjun Malhotra have announced the formation of EPIC (Electronic Products Innovation Consortium) Foundation, a non-profit organization with the objective to create Indian Electronics products and Indian Brands in high-impact/high-Volume categories and manufacturing semiconductor chips by scaling volume of Indian Electronics products.

The foundation has roped in noted industry expert Dr Satya Gupta as the CEO. Several industry leaders, academicians, venture capitalists and management experts will serve as advisors to the foundation.

While India is making rapid strides in electronics manufacturing for global brands & products, Indian products and Indian brands in electronics are slowly disappearing over the last 2-3 decades. Today, the market share of Indian electronics products is less than 10% in most of the high-volume categories. The founders said that EPIC was formed to address this challenge.

EPIC team is already working with various partners on 2 'National importance' products from the list of 10 focus products.

Electronic Products of National Importance

A 'Made in India' 10.1 Inch tablet for education based on AI/ML driven inter-lingual translation across Indian Languages (Voice-2-Voice, Text-2-Text etc.) and an Indian LED driver chip for LED Bulbs have been identified as the key priority.

"We have worked with the top-10 manufactures as customers, design experts for designing, Global and Indian Fabs for manufacturing and Indian ATMP units for packaging to serve the demand of 700 Million chips per year. An exciting opportunity of 70,000, 8 Inch Wafers per year, which can lead to 1st large volume Indian Semiconductor Chip designed, manufactured, packaged and consumed in India." the founders said in a statement

EPIC foundation will be officially inaugurated on 13th April.

swarajya%2F2022-04%2F2cc9ca33-c175-4aa7-a895-8f28007e42be%2FProducts_of_National_Importance.png


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India is trying their luck creating domestic electronic products brands that can serve domestic market and compete with foreign brands. Only time will tell if they can succeed or not. My prediction, they will see little success.
 
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ACuriousPLAFan

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ACuriousPLAFan said:
The amount of copium consumption is so strong with this guy over here.

You have Brahmos? Brahmos aren't even fully made-in-India.

China has Dongfengs (which are actually fully indigenously-made) that already possess the capability to strike the continental US. India's just right next door.
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*Brahmos aren't even fully Indian.

*China has Dongfengs (which are actually fully Chinese)

(Correction, lol)
 
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