India’s trade with China falls 12 %

[Protocol man]

We are moving in right direction and are gradually reducing importing the hazardous chinese products.

Our new policy says " if you want to sell in India establish your industry here and employ locals", This manufacturing policy will bear fruits within 5 years.

More indian predictions

 

[Chinese-Dragon]

I am not hating China, I am saying the truth, India needs its own raw materials to aid its growth, it is a positive step forward.

India is taking care of its own economy and nothing wrong in it

They are your raw materials, do what you want with them.

Everyone across the world is buying and selling this stuff, no one has any obligation to sell to any particular country.

 

[Srinivas]

More indian predictions

It is not prediction, But truth.

 

[rcrmj]

We are moving in right direction and are gradually reducing importing the hazardous chinese products.

Our new policy says " if you want to sell in India establish your industry here and employ locals", This manufacturing policy will bear fruits within 5 years.

'we are moving in right direction' been said for decades by loud mouth indians````show the world results then brag would you?

setting up plants in locals are great ideas to simplify operations and lower the total costs``but, sorry india is seriously lack of sound infrastructures, skilled labours, professional supply chains and technological know-hows to do so

It is not prediction, But truth.

what a cunning truth and it is``!

 

[Srinivas]

'we are moving in right direction' been said for decades by loud mouth indians````show the world results then brag would you?

setting up plants in locals are great ideas to simplify operations and lower the total costs``but, sorry india is seriously lack of sound infrastructures, skilled labours, professional supply chains and technological know-hows to do so

An estimated 1 Trillion dollar investments are coming to India in the next decade. There are some JV's with Japan, US, Malaysia and even China.

 

[Diamond_Gold]

You are right in your assessment that most of our companies are outsourcing and service oriented companies and there are small minority which are product oriented. In highly competitive world of Information Technology, you find your niche and work on your strengths. Our strengths have been 1. vast talent pool 2. English Lang. speakers 3. economical. Other countries including
China and Philippines are major players and are splitting the pie.


Hope you are satisfied with this answer.

Thanks for the answer, not really the answer I was hoping to hear but there is no big deal anyway : )

 

[haidian]

It is not prediction, But truth.

Indians have the habit of calling something which has not happened yet truth?

 

[djsjs]

We are moving in right direction and are gradually reducing importing the hazardous chinese products.

Our new policy says " if you want to sell in India establish your industry here and employ locals", This manufacturing policy will bear fruits within 5 years.

it is not we don't want to invest and build factories there.you don't have a good investment environment.

firstly,infrastructure,bad roads,bad ports,bad electricity supply.

secondly,efficiency and attitude of your officials,nothing can be done before all related officials are well bribed.

thirdly,poor law and order situations,especially for women.

We are moving in right direction and are gradually reducing importing the hazardous chinese products.

Our new policy says " if you want to sell in India establish your industry here and employ locals", This manufacturing policy will bear fruits within 5 years.

it is not we don't want to invest and build factories there.you don't have a good investment environment.

firstly,infrastructure,bad roads,bad ports,bad electricity supply.

secondly,efficiency and attitude of your officials,nothing can be done before all related officials are well bribed.

thirdly,poor law and order situations,especially for women.

 

[Protocol man]

An estimated 1 Trillion dollar investments are coming to India in the next decade. There are some JV's with Japan, US, Malaysia and even China.

Please stop predicting the future. Indian fiscal position is already in disastrous shape already, it will get worse in the next 10 years.
You need money to spend on infrastructure. Even China had to accumulate local government debt to build infrastructure.
The difference is we started from a very strong fiscal position and the debt accumulated, but India is starting from a poor position and it will get even worse.
It's one thing to have all these great plans, it's another to properly implement them.
It needs political will, money, raw materials, and honest people to carry it out.
Just look at what a disaster the commonwealth games turned into. Now compare that with a much much bigger event the Beijing Olympics games and how successful it was.

 

[rcrmj]

An estimated 1 Trillion dollar investments are coming to India in the next decade. There are some JV's with Japan, US, Malaysia and even China.

again more indian hot air, nothing more```people investing in India is not out of Charity, what return can india promise to those investors? investors need assurance of their capital return, China and U.S are two of the world's biggest magnets of FDI, speaks volume of those two countries prosperity and robust economy..

I will explain why your claim (or mostly your government clueless predictions) is total nonsense

1. india's economy is debt driven and filled with stock speculation gains
2. India's so-called 'consumption driven' economy is mostly consisting of primitive consumptions like necessities, and the volume is even smaller than few millions Canada's consumer market size
3. India does not have complete industrial supply chains and with stone age infrastructure, even with its labour cost is like 1/3 of China's but it would still be expensive to have any mega plants in India (parts need to import from others as India cannot make any of modern machineries)
4. constant power-cuts add more uncertainty to investment risks and operation consistancy
5. lack of government transperancy against corruption (another 'bonus' for increasing investment risks)
6. conservative mindset discurage healthy competitions
7. appalling social equality prevents women from participating the country and society build-up
8. appalling primary and secondary education (among the worst of major countries) prevents quantity and quality skilled labour supply

unless you deal with all of those problems, india will always remain as primitive factor driven society

 

[Protocol man]

again more indian hot air, nothing more```people investing in India is not out of Charity, what return can india promise to those investors? investors need assurance of their capital return, China and U.S are two of the world's biggest magnets of FDI, speaks volume of those two countries prosperity and robust economy..

I will explain why your claim (or mostly your government clueless predictions) is total nonsense

1. india's economy is debt driven and filled with stock speculation gains
2. India's so-called 'consumption driven' economy is mostly consisting of primitive consumptions like necessities, and the volume is even smaller than few millions Canada's consumer market size
3. India does not have complete industrial supply chains and with stone age infrastructure, even with its labour cost is like 1/3 of China's but it would still be expensive to have any mega plants in India (parts need to import from others as India cannot make any of modern machineries)
4. constant power-cuts add more uncertainty to investment risks and operation consistancy
5. lack of government transperancy against corruption (another 'bonus' for increasing investment risks)
6. conservative mindset discurage healthy competitions
7. appalling social equality prevents women from participating the country and society build-up
8. appalling primary and secondary education (among the worst of major countries) prevents quantity and quality skilled labour supply

unless you deal with all of those problems, india will always remain as primitive factor driven society

QUOTED FOR TRUTH!!!!
Agree 1000000%

 

[AADHAAR]

Not a particularly bad thing ... in the long run, permitting free run of economics is always the most optimal way to do things.

Probably the chinese exports are losing price advantage in India; hence the fall in their exports to India.

This is none of our concern...anyways.

----

India's exports china are not a significant part of our exports (though over 19% fall is quite large, compared to overall annual decline of 5-8% whatever ...which means that other export customers of India gained in proportion to the importance of china). Probably china is below 10th rank in terms of customers of Indian exports. And even there, the composition of exports is not interesting.

The trade basically is a euphemism from India's imports from china... so the title should be "India's imports from China fall by xx%". This part of the trade is price-driven .. and let it be so.

China is way too low (probably less than 10th rank now), in terms of India's export customers... and that is unlikely to change soon.

So, decline in exports to china doesn't hurt us much .... and decline (or increase) in imports from china are market driven. What's the big deal.

 

[Srinivas]

it is not we don't want to invest and build factories there.you don't have a good investment environment.

firstly,infrastructure,bad roads,bad ports,bad electricity supply.

secondly,efficiency and attitude of your officials,nothing can be done before all related officials are well bribed.

thirdly,poor law and order situations,especially for women.



it is not we don't want to invest and build factories there.you don't have a good investment environment.

firstly,infrastructure,bad roads,bad ports,bad electricity supply.

secondly,efficiency and attitude of your officials,nothing can be done before all related officials are well bribed.

thirdly,poor law and order situations,especially for women.

India is investing 1 Trillion dollars in infrastructure and Law and order situation is same in every democracy, Democracies work with debate and discussion and don't put crimes under carpet.

Indians have the habit of calling something which has not happened yet truth?

fine with me no problem with your own opinion.

 

[gslv mk3]

it is not we don't want to invest and build factories there.you don't have a good investment environment.

firstly,infrastructure,bad roads,bad ports,bad electricity supply.

Going to spen $1 trillion for infrastructure for next 5 years
From Where did you get bad ports??

secondly,efficiency and attitude of your officials,nothing can be done before all related officials are well bribed.

Bribes are nothing for a MNC.......

thirdly,poor law and order situations,especially for women.

Then how will indusrties come up in China..Where what communist party says is 'the law'??

3. India does not have complete industrial supply chains and with stone age infrastructure, even with its labour cost is like 1/3 of China's but it would still be expensive to have any mega plants in India (parts need to import from others as India cannot make any of modern machineries)

 

[Srinivas]

again more indian hot air, nothing more```people investing in India is not out of Charity, what return can india promise to those investors? investors need assurance of their capital return, China and U.S are two of the world's biggest magnets of FDI, speaks volume of those two countries prosperity and robust economy..

I will explain why your claim (or mostly your government clueless predictions) is total nonsense

1. india's economy is debt driven and filled with stock speculation gains

Completely wrong we are with estimated 250 Billion dollar reserves.

2. India's so-called 'consumption driven' economy is mostly consisting of primitive consumptions like necessities, and the volume is even smaller than few millions Canada's consumer market size

You have no Idea about Indian market.Kindly go through the below pdf. Lot of western countries and even China said it will give source code of Huewei for the sake of entering India market.
http://www.ksoils.com/whitepapers/KS_WHITEPAPER_INDIAN_CONSUMER_MARKET.pdf

3. India does not have complete industrial supply chains and with stone age infrastructure, even with its labour cost is like 1/3 of China's but it would still be expensive to have any mega plants in India (parts need to import from others as India cannot make any of modern machineries)

You are living in your delusions, This is not India in 1950's

4. constant power-cuts add more uncertainty to investment risks and operation consistancy

More and more Nuclear power plants are coming and and estimated 50 Billion investment is going on in nuclear power plant field.

5. lack of government transperancy against corruption (another 'bonus' for increasing investment risks)

This is democracy, Read about RTI act in India and you will find that India is far ahead of China in transparency. Indian democracy has its own advantageous.

6. conservative mindset discurage healthy competitions

Explain this ??

7. appalling social equality prevents women from participating the country and society build-up

In our country Women are always top rankers in almost every competition and girls out do boys in academics.

8. appalling primary and secondary education (among the worst of major countries) prevents quantity and quality skilled labour supply

Again living in a dream.

unless you deal with all of those problems, india will always remain as primitive factor driven society

India is a exiting destination for MNC's Power sector is getting huge investments, High speed rails are planned with the help of Japan and France, New manufacturing policy is drafted to speed up the infrastructure process.

Please stop predicting the future. Indian fiscal position is already in disastrous shape already, it will get worse in the next 10 years.
You need money to spend on infrastructure. Even China had to accumulate local government debt to build infrastructure.
The difference is we started from a very strong fiscal position and the debt accumulated, but India is starting from a poor position and it will get even worse.
It's one thing to have all these great plans, it's another to properly implement them.
It needs political will, money, raw materials, and honest people to carry it out.
Just look at what a disaster the commonwealth games turned into. Now compare that with a much much bigger event the Beijing Olympics games and how successful it was.

You are contradicting yourself, You are saying no to predictions and at the same time you are predicting down trend in Indian economy in next 10 years.

Common wealth games are a success apart from some corruption, But again democracies discuss the truth and takes actions, Communism put the same thing under carpet.