Salman Khurshid says India close to Areva nuclear deal: report

[Abingdonboy]

@KRAIT will Indian automobile companies be able to operate en masse in China in a reciprocal gesture?If not the Chinese will simply engage in predatory pricing and will flood the Indian market with sub-standard, ripped-off junk.

 

[Icewolf]

@KRAIT will Indian automobile companies be able to operate en masse in China in a reciprocal gesture?If not the Chinese will simply engage in predatory pricing and will flood the Indian market with sub-standard, ripped-off junk.

You get what you pay for.

If 70% of Indians can only spend rs. 12000 to buy a cheap substandard car, so be it.

Companies are just taking advantage of Indias poverty

 

[KRAIT]

@KRAIT will Indian automobile companies be able to operate en masse in China in a reciprocal gesture?If not the Chinese will simply engage in predatory pricing and will flood the Indian market with sub-standard, ripped-off junk.

Yeah, what happened in US when Japanese cars came, not saying they were junk, but they affected the entire US automobile structure. Now only positive side is that since market will be lost for local companies in India, they have to work more on exporting and building cars in other countries.

My friends who have Consultancy firm, faces so much competition in India that they are dealing in Africa, South America for new markets. They saw that one day they have to expand, why not now. They sensed the growing competition and took the step forced by this same competition.

Now my friends are working in Bolivia. All parties are happy. Bolivia is happy as experienced and innovative Indians are coming and Indians are happy because they got a new market where they can easily take good section. Similarly their work in Ghana is on same track.

When the domestic consumption of finished product decreases in your own country, the local industries HAVE to diffuse to other region to earn profit. This diffusion is not because of choice but because of conditions prevailing. This is what increases India's reach in the world.

China is our bi-polar friend, It helps us indirectly while may affect us badly in direct way.

 

[Sashan]

Yeah, what happened in US when Japanese cars came, not saying they were junk, but they affected the entire US automobile structure. Now only positive side is that since market will be lost for local companies in India, they have to work more on exporting and building cars in other countries.

My friends who have Consultancy firm, faces so much competition in India that they are dealing in Africa, South America for new markets. They saw that one day they have to expand, why not now. They sensed the growing competition and took the step forced by this same competition.

Now my friends are working in Bolivia. All parties are happy. Bolivia is happy as experienced and innovative Indians are coming and Indians are happy because they got a new market where they can easily take good section. Similarly their work in Ghana is on same track.

When the domestic consumption of finished product decreases in your own country, the local industries HAVE to diffuse to other region to earn profit. This diffusion is not because of choice but because of conditions prevailing. This is what increases India's reach in the world.

China is our bi-polar friend, It helps us indirectly while may affect us badly in direct way.

That may work with consulting industry which is a service oriented industry dependent on labor where India had the head start(thanks to Rajiv for his vision). But the car industry is different in that Indian car companies are fighting well entrenched foreign car companies who has decades of lead in the industry overall even within India by being cost competitive. Same is the case elsewhere as well where there are well entrenched companies. At the same time, companies like Mahindra are trying to penetrate the US and European markets where the quality benchmark is very high by improving their quality themselves. While the Indian car companies are withstanding the competition from well entrenched industry leaders, Indian companies should not be fighting in another direction - that is fighting state controlled Chinese companies with their copied models backed by money - this I see it is as an unfair fight for Indian companies which has been ethical so far with their own indigenous designs and no money backing from GOI.

 

[El Weirdo]

Follow in the footsteps of your fathers (Soviet Union)

Ah .. loook whose back from a ban.

better keep quite girl if u dont wanta get `served` again!

 

[karan21]

Why is India getting into foreign reactors, when India is well capable to construct Bwr, Phwrs, fast breeder reactors and other thorium reactors??? Does anyone know??

 

[Yogi]

We might not have a choice because Tata which to setup a Jaguar and Land rover factory in China to sell luxury vehicles there.

TATA's r already planning to go for a JV for their new plant to speed up the process n better access to the market...

 

[satishkumarcsc]

Why is India getting into foreign reactors, when India is well capable to construct Bwr, Phwrs, fast breeder reactors and other thorium reactors??? Does anyone know??

Well it dosent have the capability as those of the European ones....I really pity Americans for this....they went through all the trouble to get waivers from all the organisations but we ended up giving the first deal to the French....

 

[EagleEyes]

The entire time i thought Salman Khurshid was a Pakistani. SMH

 

[Star Wars]

The entire time i thought Salman Khurshid was a Pakistani. SMH

ROLFIMAO..... what position did you think he had

 

[trinity]

Our security situation is not good in India yet we are going full speed with Nuclear plant building. Secure our borders first and foremost, then develop. Its a no brainer, non state actors will paint a big red *** on such plants.

 

[AADHAAR]

I personally value the Areva deal .... much much more than the "rafale" deal.

Nuclear power has to have a very big role in fulfilling the rising energy needs.

Coal and LNG are a necessary evil .... but they alone just can't suffice the needs of the rapidly growing economy.

That said, Coal and LNG are the short term quick solutions.. and nuclear power will take a few years (or even a decade) to build up the scale of production needed.

We need to tap every available source of energy.

 

[Ajaxpaul]

So the french is getting $40 billion for the next 10 to 15 years ? ( civil + military )

More or less equal to russia.

 

[arp2041]

Why is India getting into foreign reactors, when India is well capable to construct Bwr, Phwrs, fast breeder reactors and other thorium reactors??? Does anyone know??

It's more to do with the power generation capacity, India can build reactors with power generation capacity much less than 1000MW eg. Kalpakam but it don't have the expertise to build reactors with greater than 1000MW capacity, eg. Kundukulam which currently has 2000MW (2*1000MW) capacity was build by the Russians while the Areva reactors for which the deal will be signed will be 2 reactors of 1650MW power generation capacity each & will be the first reactors with EPR technology.

 

[arp2041]

So the french is getting $40 billion for the next 10 to 15 years ? ( civil + military )

More or less equal to russia.

Maybe more:

approx. $5 billions for scorpenes.

$4-6 billions for Areva reactors.

$20 billions for MMRCA.

$ 3 billions for mirage upgrade.

maybe $5-7 billion for N-MMRCA.

maybe P-75I i.e. $10 billion

(am i forgetting anything??)

close to $ 50 billions