below_freezing
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I am not sure who is a better innovator. But I agree with you on the point that we need to do lot more. We need a lot of reforms in our agriculture sector. We are good in manufacturing sector but still more reforms required in this sector too.
The above statement shows that you have a innovative mind.
Is that so? I mean all the high quality things are made only in China, right?
RCRMJ is in the business of luxury goods, so if they are low quality, he can't sell them for 10k+ RMB like some bags and jackets I've seen on sale.
There are some hardcore luxury brands in China like Liwai and Shanghai Tang, as well as lower class brand names like MetersBonwe. You can't convince Chinese shoppers to drop tens of thousands of RMB on anything unless its high quality.
On the other hand, how many Indian luxury brands are there, and how many are made in India?