Views: 1602|Replies: 3

"Make in India" is still the stuff of Modi's dream [Copy link] 中文

Rank: 6Rank: 6

Post time 2016-2-15 09:39:58 |Display all floors
This post was edited by StellaSong at 2016-2-15 09:40

document_news_content_56c12254cb9fb.jpg

A huge fire broke out Sunday evening at acultural extravaganza for "Make in India Week" business forum in theIndian financial hub Mumbai, burning down a whole stage. [Photo/Xinhua news]


Make in India. Even the term soundsslightly defective. For better or worse, that is the slogan with which NarendraModi, India’s made-in-Gujarat prime minister, has branded his effort totransform the country into a manufacturing powerhouse. The goal is overdue.


It may also be unrealistic. The countrydoes not have a good reputation for making things. Even Indians shun their ownproducts. Jugaad, the so-called Indian way of innovation, was born of scarcity.Mihir Sharma, a commentator, says his countrymen make things “held togetherwith cello-tape and paan stains and prayer” — although high-tech goods, forexample in aerospace, are actually of high quality.


Ifthe Indians make some things shoddily, they also do not make enough.Manufacturing accounts for only 15 per cent of national output, against 32 percent in China and 34 per cent in Thailand.


The obstacles are formidable. First is thequestion of physical infrastructure. India lacks the ports, roads and railwaysto transport goods, and the dependable energy supplies to keep factorieshumming. Taking into account overall costs, the country is only 5 per centcheaper for manufacturing than Mexico, according to Boston Consulting Group.Outside certain industries, such as cars, it also lacks the ecosystem ofsuppliers that make clusters such as the Pearl River Delta so competitive.


Perhaps worse is the state of India’s softinfrastructure. Would-be factory owners cannot get hold of land or get rid ofworkers. Plants operate on suboptimal scale or use ruses to get around labourlaws: only 16 per cent of workers are formally employed. Unreasonable laws area breeding ground for corruption. So is an unreasonable tax environment, whichcan be as changeable — and devastating — as the monsoon season. Investors whowade through all this are not always thanked for their efforts. Delhi is seeking$100m in damages from Nestlé, accusing the Swiss company of poisoning Indiansby allowing high levels of lead in its noodles. That claim seems unlikely.Regulators in the US, Canada and New Zealand have pronounced the same food safeto eat.


Mr Modi has promised to bulldoze suchobstacles. All he needs is a bulldozer. There have been efforts to rein inretroactive taxes. The upper limit for foreign ownership in certain industries,including defence, has been raised. Not much else has happened. Neither landnor labour reform is getting far. Infrastructure is a work in progress. “Modineeds to get into the nitty-gritty,” says Gurcharan Das, an author and formerhead of Procter & Gamble India. If Mr Modi is to make Make in India areality, he will need more than a slogan.

( The passage is an excerpt from financial times, the writer is Davis Piling, a columnist with  financial times)


Use magic tools Report

Rank: 8Rank: 8

2016 Most Popular Member 2015 Most Popular Member 2014 Most Popular Member

Post time 2016-2-18 01:24:11 |Display all floors
Takeout Indian and insert Chinese

Use magic tools Report

Rank: 3Rank: 3

Post time 2016-2-18 16:26:29 |Display all floors
Against authors impression I have seen some most remarkable investments done by Airbus , Boeing , XIAOMI , FOXCON , Samsung , Apple is going to start their operations first time out of their head quarters by the end of this year from HYderabad india , Wanda group tied up with Indian company for two huge construction projects in india , Renault has started exporting cars from india to Europe , these are only few examples of changing environment . what has China have when they started? nothing right ? every dog will have its day , some decades ago it was china and today it is for india . You can only count 1 such nestle issue from india against 10s of such cases by china against IBM , MICROSOFT, GM , LAND ROVER - JAGUAR and many more , 1000s of million of dollars together , and you are challenging 100million dollar against it . if these companies in china can continue their business , Nestle cannot loose indian market , Nestle have much bigger presence in india than in china .there is larger and broader support to india from all nations make it change and challenge , one mans shody false racist report cannot change the ground realty .Indian business people or factory owners dont depend on copied or fake goods ,  they give higher values and respect once intellectual properties . they dont have to invite a company to copy the intellectual , R&D and technology to make the fake and cheap goods to gain market value  as the great wall did with Land rover . Can anybody show one such company or design from any indian companies . Those who follows tech companies and their employees will certainly know that 50% to 60% of their staff are indians but untill now there is no case of theft of technology , that is the respect they have got . they may not have good roads , good buildings , bigger no. of ports , what they have is values , respect . They may not grow with in few years , but at the same time it is not so far .Yes there is a problem with the govt . but yes it will change for sure , as the old goes out and new coming in slowly , those old shady govt delays will be a history soon .  

Use magic tools Report

Rank: 3Rank: 3

Post time 2016-2-18 16:53:53 |Display all floors
usaprc56 Post time: 2016-2-18 09:56
India has such an ineffective government for promoting business, its crazy,, we have put in for lice ...

The reason you can make this comment today is due to the reason that 0 is made in india my friend . The reason that the world is advancing into future every second , guess why ? If you guess is right your brain is not dead yet. Recently everybody is excited about the gravitational forces an Einsteins theory , do you know who made the ALGORITHMS for that research to prove that theory , any guess? If you guess right , your brain is not dead yet .

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.