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Indian Prime Minister Narendra Modi’s move to increase the ownership stake for foreign defense companies to 49 percent isn’t sufficient to lure high-technology investments from Lockheed Martin Corp. (LMT) or Boeing Co.
The once that brings the lowest ammount of high techs to India are disappointed? But still opened JVs with Tata, Reliance, HAL... in recent years, so I guess we can live with disappointing them.
Mu ki baat chhen li. If I aint wrong,its about time we increase the desi numbering system, 2.3 lakh caror doesn't even make sense, sound like roman numeral
I was thinking the same thing a few days agoMu ki baat chhen li. If I aint wrong,
100 Crore -> 1 Arab
100 Arab -> 1 Kharab
100 Kharab -> 1 Neel
100 Neel -> 1 Padam
Hence, 1 Lakh Crore -> 10 Kharab
Hence, final figure will be 23 Kharab.
My identity has been verified 100 times by now. You Hinduvati bigots always want to supress voice of Indian Muslims.
Thats the point. You say they bring in the lowest amount of tech but seem not to see the reason for it. Unless forced to do so as part of a confirmed order, no company will willingly tranfer tech to a company that they do not control.
Companies simply will be in no hurry to commit suicide by transferring tech for no reason.
Wrong, because the reason is the US law, that restrict high tech transfer! We wanted AESA and EW techs through MMRCA, but the US vendors were not allowed to share it and 100% FDI would not have changed that! Javelin ATGM offered with limited ToT, while SPIKE is offered with better ToT and 100% FDI would not have changed that!
GE 414 engine with basic ToT to assemble the engine in India, while EJ 200 was offered with critical ToT of engine blades or TVC and 100% FDI would not have changed that!
So the US companies can't give us any critical techs, even if they wanted and why should we then giveway control for JV's that doesn't even include high techs? IF they can share high techs, even the older FDI limit allows them to have a higher share.
They don't have to, they can start JV without critical techs and manufacture as many airframe parts in India as they want, but why should we give them control over these JVs when they don't give us much in return?
If a company however sees a benefit in sharing critical techs with India, be it wrt to a product for the Indian market, or by offering a high tech at lower costs on foreign markets, than if the same product would be produced in Europe for example, they can do it too and will get more control over the project. So there are options for them, but there is no need for us to give free goodies to them.
Again, we are on the upper side of the negotiations, therefore we demand things and if the one can't or don't want to comply, others can and already do!
The point is that they cannot even if they did want to & were given permission.
You seem obsessed with technology transfers upfront, that will not happen, We need to have a defence manufacturing base here, we can always insist on tech transfers when we give out large orders.
There is still no logic to that argument because apart from a few cases where offset requirements will necessitate manufacture in India, why would companies choose as their preference a manufacturing outlet which they do not control?
We must welcome all investment, defence is just one of them.
Manufacturing in India under whatever ownership will simply reduce leverage of anyone wanting to squeeze us. The fact that their manufacturing point is here reduces leverage.
Please, that's only their claim. We see the Europeans, Israelis or Russian manufacturers have no issue with tech transfer. It's logical that a privat company is trying to get as much own benefits as possible and getting control over these JV's is obviously in their interests, but that doesn't mean no JV's would be set up in India or that no tech transfer is provided to India, it's even the opposite and with the FDI hike, we opened ourselfs towards the foreign companies. Just because they cry that they want more, doesn't mean we have to do it, unless it serves our interest.
Who said we need ToT upfront? I want critical ToT, because that is the only way to improve our industry and I don't see a reason to limit that only for orders we make, but if companies want to use the benefits of manufacturing in India, they should give more in return to India too, that's all.
First of all, ALL orders for Indian forces includes offsets, even C130J, C17 or P8I orders that were done via FMS route! Secondly, even if they don't produce things for our forces, they want to benefit from the low production costs in India. Why do you think Boeing produces parts of the F18SH at HAL? Why TATA just recently got a new contract to produce airframe parts of the Do 228NG from RUAG? Why Airbus and Boeing are producing parts of their civil airliners at HAL?
=> Because we can do it cheaper than they could do it in their countries, as simple as that!
So the interest in our aero industry is already established (in times when the limit was at 26%), what we now need to do is once increase the interest for more production (which is what the FDI hike is meant to do) and to get more critical techs to not only improve the manufacturing side, but also the development side (and that's only possible by forcing the foreign vendors, either by ToT requirements or by offering higher shares in JV's only in return for such techs).
Wrong! The defence field is not comparable with textile, agriculture or other less important fields. It's a strategically important one, where Indian interests wrt security of the country comes first and not just increased revenue of some companies (be it private or government owned).
Not at all, because it's important what they produce here and that's what you keep ignoring! It doesn't matter if we produce 90% of a fighter in India, when it's core techs like engine or radar will be just delivered for assembly in India, because we still will be dependent on the foreign vendors to get these core parts! Take, the MKI where we can produce the airframe parts and subsystems indigenously, even some parts for the radar and engine, but for any upgrade of these core techs, we remain dependent on Russia, because we can't offer something remotely comparable!
That's exactly why it's important for us to develop an own AESA and Kaveri engine for Mig 29Ks, to not remain depentend on Russia for later upgrades of these core techs. The problem is, in both areas (radar and engine) we still are years behind and that know how needs to be added to our industry now, which is only possible by getting critical techs in these areas (=> MMRCA offsets and ToT requirements).
Mu ki baat chhen li. If I aint wrong,
100 Crore -> 1 Arab
100 Arab -> 1 Kharab
100 Kharab -> 1 Neel
100 Neel -> 1 Padam
Hence, 1 Lakh Crore -> 10 Kharab
Hence, final figure will be 23 Kharab.
Its not only that. After Padam comes Sankh.I didn't know about Neel and Padam.
Its not only that. After Padam comes Sankh.
Thoda google kar leta chhote to rona na padta.
Indian Numbering System - Wikipedia, the free encyclopedia
Arre maalum to Bachpan se hai. Mere nana ne sikhaya tha. He was a school teacher.bhains ki aakh mujhe laga tujhe pehle se maloon hai.
Arre maalum to Bachpan se hai. Mere nana ne sikhaya tha. He was a school teacher.
But, its on internet too. Itna freely available hai fir bhi tum dukhi?