India Wants to Beat China in Manufacturing. Can This Industry Help? | Vantage with Palki Sharma
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- Опубликовано: 15 янв 2024
- India Wants to Beat China in Manufacturing. Can This Industry Help? | Vantage with Palki Sharma
The pandemic has made companies realise the importance of diversifying their supply chains. Leading companies are looking at India - as a potential alternative, including the toy manufacturers. New Delhi is offering an attractive industry to the toy making industry. Can it launch a new manufacturing boom? Palki Sharma explores.
Also Read: www.firstpost.com/opinion/van...
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India | China | Toy Manufacturers | Industry Face-Off | Challenges | Firstpost | World News | Vantage | Palki Sharma
#india #china #toymanufacturer #industries #challenges #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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India needs a huge, manufacturing-friendly policy shift. I work for a small manufacturing company in India, though the policy has eased a lot, we still have a long way to go, hope we bridge fast.
India beat china in begging
Talk less work more and stop dreaming
@@nmew6926 work on what?
Palki, since 2 decades, China is working hard to move to high value-add manufacturing. 2 significant examples are solar panels and car making. Chinese car making just took over Japan as world first exporter in the world. India has a long way to go in industrialization and urbanization because 2/3 of its population live in rural areas.
She’s talking about the toy making industry.
Your argument makes no sense. China is collapsing, its growth figures are fake.
Even chinese missiles are filled with water!! China is a failure
Toys are like food ,there will always be children and they will always need them. Actually India is probably the biggest market of them all.
@@MichaelaKristen _"She’s talking about the toy making industry."_
Yeah her battery-operated toys. Bless her.
@@MichaelaKristenToday's toy is mobile phone
It's time to start, looking for more Indian made products.
Good luck finding them 😅😅
Unless you want to play with cow dung patties. 😂
@@Samisrael824 . If all shift to India the world is screwed.
I bought a towel made in India and the fabric they use is terrible. Whenever i use it to wipe myself dry after a shower i don't feel like it absorbs the water right. I went in my wardrobe and used the Made in China one (which was made out of the exact same material as the Indian one) and it did a far better job. Indian manufacturing is of a very very low standard. Maybe comparable quality to early 90's Made in China products. If the world does buy Made in India then be prepared for a shocking drop in quality.
Chinese products are substandard... even Russians don't trust Chinese products....
India is still 150 years behind China in manufacturing and infrastructure development now..........
.........
....
Forget toys! Statues of Hindu gods, sarees etc are made in China and exported to India!!!
What a Joker 😂😂
where? kaha mila?
Last time Pharma subtances for Cough syrup imported from India has caused dead of hundreds of childrens in Indonesia...God Damn You INDIA !!!!
🤣🤣🤣
😂😂😂
5-6 years back I saw similar video on how India would lead in toy manufacturing. During Koppal toy cluster announcement I think.
it is leading in domestic toys ..only one cluster can't take over everything
All those domestic toys are involved and represent as Indian but most of them are misleaded
Hi-tech toys are not available here
Buck up India… Hope we reduce the usage of single use plastic too…
India always talks big, but that's all just talk. LOL
but honestly, I have never seen made in india products where i live. @@user-hw5iv5vq7q
@@user-hw5iv5vq7qIn fact, India's manufacturing share has been shrinking rapidly in the past few years since Modi came to power. I really like you Indians who dare to deceive each other without looking at the data.
@@user-hw5iv5vq7q remember india superpower 2020 < that not big but huge talk.
just watch this new again and think... it should never be a news it a embarrassment
High end toy is probably next trend. However, Country like India will make low-end toy.
oh is it? we manufacture the quality yet cheap medicine to the world.
During Covid time Modiji announced Stimulus and said atleast 1000 companies are coming to India. They are functional now.
fiction
Monopoly is the game of economics. I think India can do it without denigrating other nations. . The world is bigger for all of us . Competitions are great for consumers .
first fix the toilet
N you mofos stop eating every moving thing 😂
@@NikitaSissy I love brown monkey 🐒🐵
cry more
@@NikitaSissy印度人与巨蜥达成和解😂
Chinese remote control toys are next level, India can't even come close to that,
Google and Microsoft CEOs are both Indians!
1 % vs 89 % 😮😮😂😂😂
We will overcome 💪 😮
When India talk about toy manufacturer and China talk about artificial intelligence technologies, cars, robots, space technologies...ect, toys industries was a sunset industry for Chinese!
And you think india is not a leader in space technologies? You need education
CCP (cut,copy & paste) can only do things what he knows best😂 the biggest IP theif country talking about intelligent stuff, don't suit them😂😂😂
@@robinrahul3355 Do u aware India is a top producer of Generic Drug, which basically is just a copy/duplicate/IP thief of western branded drug?
@@krantikogantiBought from Russia, rename it with ISRO....😂😂😂
@@krantikoganti we know your level 😆
Indian startups should make Happy Educational Toys and sell toys to big companies.
True.
India can manufacture more gods than all the world combined.
Indian govt should open help desk for outsider investors and they should fund help dest to get convience fast way
China is also a biggest economy we can't deny it.. People work hard there but here in India There's a unemployment issues..
First build safe rest areas (rest rooms or bathrooms needed while commuting) for women and kids😂😂😂
Some Indians crib more than they work hard!! Chinese don't have unemployment issues??!! LOLZ!! It's youth unemployment is almost 50%!!
China 💩
chinas wage is not double of india but 5 times more palki, why can't India manufacture like China?
India, on the other hand, has faced challenges in developing its manufacturing infrastructure, including inadequate physical infrastructure, complex regulatory procedures, and a lack of seamless supply chains.
Well done, India....
For what, or for propaganda!!!?
Cooking oil 🚫 Gutter oil ✅️
Is defecation in the bathroom or bedroom？oh you dont have toilets
@@cy8cg2mj4w More toilets than Chinese have brains😂
@@cy8cg2mj4w Are you speaking from experience
I have never seen so many people from one country belittle another country for no reason (and there has not been much conflict in the history of these two countries) to elevate themselves.
Actually, most of the time praising yourself is enough. Why set an enemy and then harm others?
I am Chinese, and we are actually very happy that India is like this, because we never have to consider the threat from India. I can never understand the logical thinking of Indians. It has been five or six years since the so-called de-Chinaization, and Indians today are still talking about the transfer of manufacturing. Sorry, the entire Southeast Asia and even Africa and Bangladesh have already accepted this.
@@user-yq5he3rg8o True
True and unfortunate. I think it is deep down in typical Indian culture to forever remain jealous to someone and keep that idol alive to do so. West and US are at best in exploiting India.
If India says that China is not doing good, I just can't imagine how horrific it must be in India.
This is like an F - grade student telling an A+ student he is not doing good.
- China is 60 times richer than India. (I know it's unfair that the British looted 45 trillion from India, but it is what it is).
- China's economy is 6 times larger than India's.
- China's yearly growth is 5 times greater than India's.
- China has better living conditions and healthcare; on average, they live a whole decade more than their Indian counterpart.
- China launches 20-50 times more rockets than India into space every year.
- China is a lot more intelligent, with an IQ of 104 compared to India's 76.
- China is more athletic and stronger than India, winning 38 times more gold medals than India in the world olympic games.
- China's reserves is 7 times larger than India's reserves.
- India is forced to use the Chinese currency when purchasing oil from Russia, Iran, or Venezuela. Due to weak & undesirable Indian Rupees.
- China has 21 times more companies in the Fortune 500 than India.
*Rovers on Mars* China: Yes India: No
*Brought back Lunar Samples* China: Yes India: No
*Humans in space* China: Yes India: No
*Space station orbiting above us right this moment* China: Yes India: No
*Indian News*
FirstPost: China overtakes US to become world's richest nation
Wion - At $514 trillion, China overtakes US in terms of amassing the biggest net worth
Indiatoday - China overtakes US as world’s richest nation
Tribuneindia - China overtakes US as world’s richest country
Businessinsider india - China overtakes US as the richest country in the world
Thequint - China Overtakes US as the World's Richest Nation
Hindustantimes - China overtakes US to grab top spot in list of richest countries
Indiatimes - Global wealth surges as China overtakes US to grab top spot
NDTV - China Is Now World's Richest Nation, Ahead Of US
NewsX - China Overtakes US As World's Richest Nation
India - China Becomes Richest Country In The World, Overtakes US To Grab The Top Spot
Timesofindia - Global wealth surges as China overtakes US to grab top spot
Newindianexpress - China overtakes US as richest country in the world
Oneindia - China overtakes US as the richest country in the world
News18 - चीन बना दुनिया का सबसे अमीर देश, अमेरिका को किया पीछे
Aajtak - छिन गया America से ताज, अब China दुनिया का सबसे अमीर देश!
Zeenews - Worlds Richest Country: America पीछे... China बना दुनिया का सबसे अमीर देश
TV9 Hindi - अमेरिका को पछाड़कर चीन बना दुनिया का सबसे अमीर देश, 20 साल में बनाई इतनी संपत्ति
Newsleadindia - चीन ने अमेरिका को पछाड़ा दुनिया का सबसे अमीर देश
List of countries by GDP (nominal)
Medal Tally | Tokyo Olympics 2021
List of countries by FOREX reserves
Fortune Global 500 2021 | Full list of ranking
Spaceflights in 2021
Average IQ by Country 2022
*USA News*
BIoomberg - Global Wealth Surges as China Overtakes US to Grab Top Spot
Yahoo Finance - Global wealth surges as China overtakes US to grab top spot
*Japanese News*
Nikkei - China overtakes U.S. in national net worth to grab top spot
*UK News*
Dailymail - Global wealth trebles in last 20 years as China overtakes US with the highest net worth - accounting for a third of world's growth
I am from guyana and India isn't all that. our economy growth rate for 2023 was 62.4% and India is like 6.2%
India thinks growing 0.8% more than China last year is special, but here in guyana we are growing 56% more than india. 😁😁😆
All this happened because western companies set up their factories in China since the USA wanted China in their camp against the Russians. They are now realising their mistake since China has not become democratic as hoped but has devolved into an communist dictatorship. So China will lose their economy that they used to have - western companies are all moving out.
well small economies grow faster than large economies.....if you know you know.
@@Delin86
There is very less young population in China. Also young people don't want to hav kids. Their economy is bound to fall. As only old population will remain and the remaining young ones will be overburden with caring for the old.
Mam your speech is so helpful for me.
palki should go into indian comedy - her recent fake news is so funny
Recent fake news??
Says a chinese bot
@@krantikogantiIndia, with 1% of the toy market, won and China, with 89% of the market, lost. With over 30 million empty homes in China, China loses. India has over 100 million homeless people. India wins.🤣👉🤡
@@brck888 dude, if you go through the video, it clearly says china had larger share of matket with 89 percent. But, it is also ample opportunity for India.
How is toy market and housing connected? Ccp bot had lost all logic
@@krantikoganti 1% Even if there is a chance then there is no country in the world that doesn't have a chance. But India is now what kind of shit country, Indians will come to 2075, super power India🤣👉🤡.In my opinion, India, not to mention China, is not even close to Vietnam in terms of manufacturing
@@krantikoganti This is the thinking ability of Indians, although you are very strong, but I must be very strong in the future, Indians will always win, always have excuses, never find reasons in their own, is this world only India is developing? Indians like to say that today's India is not 1962 India, this is the same for any country, is today's China 1962 China🤣
It is easier for India to beat USA 😀😀
Yes, wonderful.
Very difficult unless mindset change in business owners,workers and policy makers.
INDIA SUPERPOWER MUST SHOW THE WORLD 🌎🌎🌎🌎🌎🌎🌎🌎
Of begging
We are selling china made toys ,we should remember that.😂
brilliant report
Lets work together to make bharat a great power 🎉
Just a few dozen companies setting up toy factories in India, in order to circumvent India's high import duties,
and she's already thinking about challenging China? This is a very serious mental condition commonly associated with "emotional damage" 😂
It 's also can be termed as "Delusional". Many are in mental institution. 😂
Dude, the main point of import taxes is to make companies manufacture in India. This was done for car manufacturing and it is a huge success
@@mmmbop860says who?
Global times ? 🤡🤡😂😂
Poor triggered soul, Palki Sharma keep bashing them and these CCP puppet keep getting frustrated and try to spam the comment section...As if they have done something grate but the news she want to convey get circulated all around the globe as this channel is most watched channel around the world but CCP funded news can't spread their propaganda try to get something out ranting in comment section😂😂😂
Google and Microsoft CEOs are both Indians!
So let me get this straight, China became No.1 Car marker in 2023 and India is comapring statistics with Toy manufacturing? It is low even for Palki Sharma.
India is the third country after China and US to manufacture cars. India will catch up soon to number 2 then 1 eventually. Everything takes time
Topic is about toys. We have improvements in multiple areas which has been covered before as well.
It is not true that China becoming no 1 car manufacturer in 2023. China has been no 1 for more than 10 years. China became no 1 car exporter in 2023. China made over 30 million cars in 2023. 3x more than the second place, US, which is 10 million.
China has been the largest car market since 2009. In 2023, China manufactured over 30 million vehicles and exported over 5 million vehicles.
@@plusultra7258 4 MN vs 23 MN vs 17 MN, you're living in delusion.
Congrats to India
nice to know
the problem with india is they can not even build a iphone casing with over 50% pass rate
What
A 50% acceptance rate inside a Chinese factory leads to a 20% rejection rate at the customer's dock. Cheaper to throw them away, unpaid, and wait for the replacements. China can't not replace them, they will lose a customer if they don't. Customers don't reject a product without reason, it interrupts their manufacturing flow.
But the fact is that, India made iPhones last year.
@@plusultra7258 india can only make older and not the pro max models and lots of components are from China and it is less than 7% of all iphones make
@@plusultra7258India assembles iPhone, India does not make iPhone.
Indian Govt put high incentives to the companies which can improve Foreign Exchange to INDIA, it shoudl so support that the product cost should be less cost than imported.
Toys also have Caste system...Indians make Sudra and Dalit class toys( cheap NO tech toys)...
but China make Brahmin class Toys ( Drones ，hi tech toys)😂😂😂😂
Brahmin No1
Google and Microsoft CEOs are both Indians!
@@gogosmkkk5138 india makes drone and hi tech toys not gutter oil
Hope the Modi Govt does something to fix Pollution.
This will no doubt usher an era of Prosperity for already growing 8.5% GDP of India, Hopefully taking it to 15% or more. My only concern is rise of Pollution.
Yes the government is responsible for keeping the labour force cheap.. Clearly shows the gov is not much concerned about the middle class or the poor.
You have to understand India cannot industrialize unless it has access to cheap oil. High oil prices put a cap on Capital making it harder for India to industrialize. Now you might say wait Hellbot Mexico is totally industrializing why can't India? Yes, but Mexico has no less than 6 oil pipeline coming into from the Mexico from the US, and another 3 under construction. Availability for cheap oil is one of the limiting factors for India.
จะขอรับเรื่องนี้ไว้ครับ
Daydreaming and China obsession are India's top national pastime
Say you???? Get over yourself
Lol …. 😂😂😂
Creating problems for humanity is China's national pass time. ruclips.net/video/c2Un5d_JlT4/видео.htmlsi=qX_8ELAYy2txQG4s
First build safe rest areas for women and kids😂😂😂
INDIA IS THE COUNTRY OF THE FUTURE WHERE THE FUTURE NEVER WILL ARRIVE INDIA SHOLD TRY AND BEAT BANGLADESH OR PAKISTAN OR VIETHNAM INSTEAD WHICH IS IMPOSSIBLE
Looks like you are living in your own delusion. Better wake up from your sleep.
😂😂😂 this is the level of chinese propoganda. They dont even have basic knowledge about the reality.
India needs more manufacturing reforms. Even Vietnam is ahead of India in manufacturing.
Most companies quitting China are going to Vietnam, Thailand, Mexico, etc. India needs to do more reforms in manufacturing if we have to develop.
Nope we will not allow it , We will protest reforms and block roads if required .
@@rimurutempest2130lol
We need toilets and clean roads and trains first.
they 4get to tell you that those factories leaving China and going to those countries, 75% of them re set up and owned by Chinese. coz today in China labor is no longer China
they 4get to tell you that those factories leaving China and going to those countries, 75% of them re set up and owned by Chinese. coz today in China labor is no longer China
Wait long long!
Dream on
If India wants to thrive in manufacturing then:
Encourage foreign companies to set up shop.
Exempt foreign companies from taxation.
Have minimal oversight and little restrictions on foreign companies.
Protect and enforce the rights of foreign companies and their employees.
Let foreign companies do business in a currency more useful than the rupee.
exactly. It should be done.
First actually do begging
The basic answer is NO.
If India wants to be a manufacturer practice hygiene first.
Time and money was spent in inauguration of new high speed trains, Not in filling vacancy in Railways. 2 accidents where many died. Safety no important.
Finally identified the field. Any other.
Biggest joke in the media
India always win........
You Indian can beat only country like Nepal and srilanka and Maldives
India can reduce cost of production only if bureaucratic corruption,complex labour laws,high taxes and regulatory delays are reduced.
OneStop Shops with all required Departments ....
Harsh truth is that we can't even compete china
good luck
Andhra Pradesh has the largest coast line, why these is no industrial corridor built?
I saw a few people ridicule India that China and India didn't have that much difference in GDP in the late 1980s and in 1990 and India didn't grow blah blah blah.
(For everyone's knowledge, I want to say that in 1990, the GDP of China was $400 billion and the GDP of India was $340 billion.)
But they need to understand that China is an autocracy and can implement things much faster than democratic countries. And this thing has its own pros and cons.
Also, you must remember that globalisation started in China in 1978 which took around 12 years to take real shape and impact the economy's growth which kinda started in 1990.
Btw, since they were an early mover they took over the manufacturing and that helped them to achieve the miraculous growth in the last three decades (from 1990 to 2020) that the world talks about nowadays.
But glocalisation in India started in 1990 and started showing a real effect in the early 2000s. Btw, it did good. And now we can see things are taking shape and many things are changing at a rapid pace.
Honestly, I hope that the whole world grows and we can really see a global village that cares for this earth and its people.
A popular saying we have here in India in Sanskrit is -Vasudev Kutumbkam - the whole world is my family! And I hope it becomes true someday. 🌍🏡
Namaste! 🙏🏼
General Tso's chicken vs chicken masala
India gave the world board games like chess and snake-ladder... etc. An entire play is titled around a clay cart as toy... India's share of global toy is only 1%.... we are poised to send more plastic toys around the world :)
Yes finally
The question is ..do we need to manufacture anymore junk that is polluting our water n soils..trash is even being exported to poor countries by rich countries with the throw away culture..shouldn't we re recycling, upcycling all the junk already overflowing the world..
The last toy that I bought was made in China. Indian made poor quality toys sucks
India is at least 30 yrs behind china indias GDP today is 3.75 trillion chinas is 5 times of india at close to 19.25 trillion we will see how much india will be able to close this gap by 2030 the gap will still be 4 times india in 10 20 or even 30 yrs can not be at par with china yes still india will become world 3rd largest economy by 2030 but in per capita income still reach max 4000 usd by 2030 china already at 14000 usd and usa at 74000 usd 😮
china gdp around only 12 trillion
Go and check on imf page it is 12 or close to 19 😂
If India is eyeing for manufacturing sector now then my question to Modi’s slave Palki “SHARMA UPADHYAY”, are you accepting that “Make in India” didn’t do shit in these last 10 years?
Chinese have not flown from HEAVEN..
India too is same as China in population.
but difference is;
1/Chinese Govt have laid down great infrastructure through out China not only few provinces but across..
2/Built Mega MSME industrial Zones; dedicated..
exclusive to particular Product but all ranges A to Z.
ex; If you need ;Ceramic; Porcelain products go to FOSHAN.
and for Natural stones any kind then travel to XIAMEN.
3/Govt subsidies them.
4/All students study; in good govt schools; practical; trained;
5/The State Govt helps the businessmen to buy raw materials Globally on cash; lc and all secured payment systems and similarly the Chinese work on very frugal profits;
they economize but produce Large Qtys and sell Globally
mass scale.
6/Chinese work very hard 10 to 12 hours per day and CHINA+ 1= They produce in Vietnam ..Cambodia.. Indonesia; Philippines etc.
Ban toy dumping n increase tax to 40%
Gov charge high income tax..why not anti dumping tax to 40% IND population is high n buyers as well
On the way to buy imitations toys in india🎉🎉🎉
Super cheap there once make in India 🎉🎉🎉
Hopefully they do not use cheap lead paint and recycled raw materials 😮😮
India's wages might be lower than China's but productivity is also much lower and so there won't be much savings in moving production there. Low wages is just a race to the bottom. India could have competed with China over low wages for the past decade but never made much progress. I don't see why it's different now
The average wage in China is about 4 times higher than the average wage in India.
China is more productive due to automation and use of robotics.🦉
All medan india world
Why does India want to beat China when America is the one to best?
They see the white man as their master.
India has a bigger population than China and wants to the the factory of the world instead of China.
Let me tell you. If China did not reform its economy in 1978 and remain so till now, India would remain same and happy, comfortable to remain dirt poor like China in the 70s and 80s. It's only because China do this, China do that, then India do same afraid to be left alone
.
That’s what I mean when I said it’s a pure case of *MONKEY SEE MONKEY DO* for all things India does…
First, when China made the nuclear boys club, the French, the Soviets Jump on the opportunity to tap into opportunity of India’s nuclear predicament… We of course did not have this luxury…
Second, when the West and the Soviets pulled everything out of China over fear of *Napoleon of the sleeping dragon warning* and the Chinese were forced to build its own fighter jets, ie., the J-6, A-5, J-7, abd J-8, J-8II and JH-7, in order to boost Indian moral, india tried her hand on what was the HAL HF-24 Marut which boasted a speed of Mach 2 (J-7 J-8 standard at the time ), the Marut remain stagnant…
They then went on to the Hawker Hunter to make up for lost time…
When Deng Xiao Ping’s fired up China’s market reform and it showed great progress, India openly copied it to saying why can’t we follow the same reform…
When we were suspected of doing the J-10 fighter, instantly they announced their LCA and their MCA program.
The latter was dropped while Dasssult of France was brought in to finalise the LCA to save face…
Then there was the Varyag, India followed suite here with the one dollar purchase of the admiral Knuskov…
Space is next and they boasted about their mars orbiter while a conspiracy (my opinion) was arrive at between the west and Russia to see to it that we don’t succeed…
How about the lunar program of both countries? They would never have fire up their own lunar program if it weren’t for the face values of it which was reflected by china’s ambitions in the field…
They are even trying their hands on the indigenous CV playing field saying they are on their third CV while we are already on our forth, fifth (nuclear), and a sixth CV (thus one fujian class) and…
When we say we’re into thorium, instantly they announced they are in it too…
If only all of this was in aims to catch up with and beat numero uno and numero dos like we are doing but this is not the case. They are in it cuz we are hence…
*”MONKEY SEE MONKEY DO”*
for them!
I will kowtow to them and give them credit for what they are attempting to accomplish!!!
.
We dont have high skilled labours
We as Bharatiya 🇮🇳 are improving day by day
But we need to do more
Good is Inside Bharat our Locally Made Toy Market share is Big
Bad is Outside it is Too Low
But we are trying & improving thats the main thing
Keep Going Bharat 🇮🇳
Nobody will talk about Made in India in two years.
Lucky usa and the west had transfer the bulk of their manufacturing to india. They help japan, tsiwan , s. Korea and latelt before india , china. Everyone prosper with the all might us dollar and euro and not the so called bric currency
China is gradually shifting towards high end and high tech products.
Salaries are also increasing in China. They want to create a large consumer based economy. Like the USA, some day low end products will be expensive to produce in China.
India will feel the vacuum created by China for low end products like toys.
China is already a leader in many high tech areas.
Commercial jets ARJ 21, C919 and 929 will add up to GDP growth very fast.
this lady is living in her own world where endia is number 1 in everything 🤣🤣🤣🤣
Ever wonder why all the factories like Ford,Toyota factories move out of India🐍
ford is coming back to india
that is a joke。@@iyeraishu1
Because of less profits they will come back in time .
India is known as a graveyard of foreign capital@@swapneelbehera260
@@swapneelbehera260 with 🐍in India everyone will get robbed 🤡
#MadeinIndia
In the 1990 india n china gdp was the same both at over 300 billions . Today China gdp is 7 times more then india. While india gdp is still in the 3 trillions mark. india have no growthin the last 30 years.
Where did you pull out the data from? Your ass? 😂 In 1990, the GDP of China was $400 billion and the GDP of India was $340 billion. But you must remember that globalisation started in China in 1978 which took around 12 years to take real shape and impact the economy's growth.
Also, since they were an early mover they took over the manufacturing and that helped them to achieve the miraculous growth that world talks about nowadays.
But glocalisation in India started in 1990 and started showing the real effect in the early 2000s.
Wtf
In 1990 India had 3 trillion GDP?? And all Indians don't know??
That is stupid
now 4 trillion
Those cheap, poisonous, micro-plastic spreading, toxic 'toys' are just not worth it. Focus on more worthy and more healthy options to industrialize on. Why not focus on more sustainable and toxic free industries? Was Bhopal not enough of a sign.....
Yeah let the poor stick to agriculture and the country stagnate 😂😂
Clearly you don't know what you talk about. As if agricultural industry is per definition stagnation. I live currently in NL and its is the second largest exporter of agricultural products, so by your reasoning the economy is despite this stagnant and run by 'poor' people. While the GDP and Capita per person is one of the highest in the world. The export of agricultural industry products is the way agricultural sector is set up and how much you can export or produce. It's not perfect here with all the light pollution and energy consumption, but that's mainly for produce that grow in warmer climates i.e. India. If India would invest more in this rather than those stupid toys than we can feed enough people and use the export for strategic Int' contracts. Perhaps a good class in modern economics would be beneficial 'Jude Joseph' 🤡 @@jude-joseph
Time lost by India 😢
Indian need more technology
"child play" Palki is becoming such a child.
Ask Foxconn what happened when they moved manufacturing to India 😂
iPhones are manufactured by their laws and rules. If Apple sees that it is not good, they will rather throw that iPhone rather than selling lol. The India made iPhone was made only for India and China. For the rest of the world, China only made it.
1 yuan has been deposited to your bank. Keep doing your jobs bots.
@@pavanshetty9806 TRUETH HURTS, right?
Little godi boy😂 modi has sent some free cow dung just now.
all the best wishes to India
Can you talk about EVM
$100 - $108 a month for labor is not an achievement to boast about. How sad it is for India even by Indian standrads thats low
I hope the toymakers are Humans with a functioning human heart who share their IMMENSE profits with their staff and labor in the form of BENEFITS,PERKS,BONUSES, Uniforms and free footwears, sweaters,winter clothing during winters, free food at Factory Kitchen for workers. Allowance for workers women with kids.
If you HAVE TO keep the prices low to compete against CHINA....at least give back to your workers in the form of a share in your profits
🙏🙏🙏 Please be kind...the world will be a much better place for the Poor and Hard Working if the RICH were a bit more generous and understanding and giving 🙏🙏🙏
I like how fake accounts from China or maybe pakistan follow palki Sharma just to comment negatively on India. Being optimistic is the first step towards achieving something and if you can't understand that shut your mouth and don't run unwanted propaganda here. We are a developing nation we are not that developed yet but still better than most out there meet us after 10 yrs and we will show who is the boss.
Don't worry India are super power mann😅
First of all, We need a Trade Fair /Exim Expo similar to Canton fair in China.
So cheaper labour is something to be proud of??😅😅
India doesn't have cheap labor. It labor cost are lower but not cheap.
It would take time.....but india can do it.....
😂😂😂😂
@@JonySmith-bb4gx if a Chinese copy an European name...that means he is having an identity crisis...just like the intelectual property Thieves Chinese...🥲🥲😪😪
Thank for this report
I once did a project on the number of approvals required if some had to set up a petrochemical manufacturing plant in India. We were able to list some 50 approvals (central, state, municipal etc). This red tape in India is killing manufacturing.
😂 I hope you are already set up abroad then.
It's not in SEZ or SIR u can get easily approval
India's political set up & state/center power structure needs change!! For now, PM Modi's/BJP double engine government in center & state is a great thing!!
We are listening this same newe since last 7 years sirf bat hi bat actual m kuch hoga bi ya bss bato m hi hoga
Should India be eyeing low level manufacturing?
Google and Microsoft CEOs are both Indians!. YOU want AI robots to make your people jobless first?