Not really, Tata, Ambani, Birla, adani , azeem premji group ( wipro) , godrej , jindal, Mittal , kalyani ( a niche company, aaj kal ye log artillery bNate hai boht types ki )
Almost every single startup in the world is backed by some conglomerate. For a country the size of India, the number of conglomerates in India is too few and some conglomerates like Tata Group and Reliance Industries Limited are simply way bigger than all the other domestic conglomerates to the point where they are simply unstoppable in the country.
Not monopolies, but more like few industry behemoths. Because usually 2 or 3 players can get subsidy. For EV battery production, 4 players were selected under PLI.
I am well aware of the benefits of doing this but you can't convince me that the government isn't trying to create monopolies here. This reminds me of Hong Kong's monopolies and the lack of market freedom in Hong Kong, if you wish to learn about this then I will recommend you to watch this video below.Not monopolies, but more like few industry behemoths. Because usually 2 or 3 players can get subsidy. For EV battery production, 4 players were selected under PLI.
I have my doubts about the scheme because
a) GOI tries to predict the future by selecting a few industries to promote.
b) Backing 'winners' is market intervention through incentives.
However, the intent is to use tax money / debt to promote manufacturing growth in private industries. I can also not predict the future, so perhaps my concerns are misplaced. Time will tell. I sincerely hope that the PLI scheme succeeds
Something called soft bank finances them , what ever that bank is .
Soft Bank is an absolute behemoth of a Japanese conglomerate. Our starts up are mostly getting funds from American VC firms like Dragoneer Investment Group and Tiger Global Management.
Acha , isliye Japan se media me itna pyar ho raha hai yahan ki ?
Soft Bank is all over the globe, they are involved with everyone. I would love to work for a firm like that.
All the best sir ji , iam a istudent you see
As long as the establishment keeps interfering in the politics of this country, this country will never prosper, not economically nor politically. That’s the bottom line. I don’t think they will ever stop tho, been happening since 1952. Imran was selected and made pm by establishment and now Shahbaz too is selected and made pm by the establishment on the orders of the. The harsh reality is that our chief is also selected by the
It’s a fools dream, those who think Pakistan will stand up on its feet one day, not as long as it’s ruled by the military, who are controlled by Uncle Sam.
If you want to see Pakistan’s economic and political future, just have a look at Egypt.
Same janab, I am currently doing bachelor's in computer science.
Which university , if you don't mind .
The reason why I hate Sharifs more than other corrupt people in the world is that instead of investing that black money in Pakistan they take it abroad.
My university is meh, I am studying at the University of Central Punjab, my university is quite famous for producing Tiktokers lmao. I was originally supposed to go to Canada but I couldn't due to global lockdowns and insane travel restrictions. Before I tell you anything else I have to tell you in Pakistan if you have studied the British O and A levels then you are required to get an equivalence certificate which is for converting your O and A levels grades into their FSC/ICS equivalent. However, the way they convert your grade completely is extremely unfair and I believe that it is done intentionally to encourage students to not study a foreign education system.
