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Hope of FDI shift from China to India is a joke
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- Опубликовано: 12 май 2020
- This week, Debashis Basu discusses the rumors of China losing business of global manufacturers.
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Brilliant. Some of us familiar with East Asia in general and China in particular and have seen how things happen have been pretty sure India is nowhere near to their efficiency or infrastructure. True, some investments have been shifting out of China for the past several years due to rapidly rising labour costs but they are going to countries such as Vietnam, Indonesia, and even to Malaysia. in 2018 Vietnam attracted FDI double that of India, a country some one-fifteenth size of India. One refrain constantly heard is that India is a 'tough place to do business', a euphemism for bureaucratic corruption and inefficiency. The system is simply extremely corrupt and nobody is even pretending to change it. Very poor infrastructure- in the entire Bangalore city one cannot find just a kilometre of decent road, not joking-- a dearth of skilled people - a big Taiwanese infrastructure building firm had to import civil engineers from Thailand as most Indian engineers were found to be of very poor quality, and a host of other problems that Dr Basu has explained lucidly. Anyway, most of us love to live in a fool's paradise. Best compliments to Dr Basu and look forward to seeing more videos that objectively and incisively analyse the issues of the Indian economy.
Thirty years ago is when India lost out on foreign investment. Most western countries preferred the China model and still do. There will never be western investment in India. Years of cronyism, corruption and short term profits have wrecked India as a destination. Hope prevails, and the usual bombast for the sake of political expediency. It will not happen for India.
well articulated ! Some fact which many people may not remember or faintly in the news that Flipkart HQ for these reasons was shifted to Singapore before the Walmart acquisition. Hence, the example is there in front of you.
Singapore is the largest source of FDI in both China and India. Will we move?
Tax concerns, labor regulation, infrastructure problems, corruption, land acquisition, sluggish movements at port of entry for goods and exports are the major concerns .......preferred destinations are Vietnam, BD , Indonesia , etc ....
Most of lndia's FDI is from phonescams
Ha ha
Hahaha, totally agree, i get many phone calls every day from indians trying to scam me
India should stop comparing itself with China. The day is not far when china would rule India. Bcoz in every Indian market there will be only chinese money and money. Indian economy is declining at the same speed that chinese economy increasing. We all should accept the reality India is still a third world country , very much similar to poor African countries in every sense. On the other side China is now a Global Super Power which has already won the third world war without even the knowledge of rest world. Its a truth but bitter for almost all Indians. I am also an Indian. All the above is just an anger as it hurts a lot when I see how a bunch of elites and a group of their pets or goons can easily wash a billions of brains in a very well designed way and ruining down a nation in such a glamorous style.
Lmao I don't know how much wumao is paid
China has a socialist government with free market governance. India has a democratic government with command economy governance.
...China has 1 major advantage over India. China,'s centralized govt can "direct and order" what, where, when and how industries can be located and developed. And, Beijing don't even had to explain its strategy to the province. Whereas the Indian individual states which are governed by different political parties. And they will and had "fight among themselves" and/or offered a myriad of incentives in order to attract each and every types of FDI. Furthermore, Beijing had already build and continue to built interconnecting and essentail road, rail, ports and other infrastructure and logictic, incl international standard airports to support existing and new industries. India has few of such things, at least at the moment, that could attract FDIs. Furthermore China had build and could use its vast foreign reserves to built new infrastructures. In short China "build it and they will come" and they choose to remain, also. (Remember THE FIELD OF DREAM). India's FDI strategy is focused on comparative (low) cost. In reality, industries moving out of China, are mainly Chinese owned labor intensive industries. And they are moving and/or had moved to ASEAN and newly emerging African countries. Therefore India is the unlikely destination for foreign industries moving out of China.
Indians are daydreamers, Chinese get the job done! Case in point the 1st and 2nd quarter 2021 GDP growth..India -7.3% … China 12.9% very accurate analysis 😀
Becuase India didn't create the wuhan virus
Because india is in bed with US and created delta variant. Much more deadlier than one that's created by your bed buddy.
@@inkbold8511 just like how UK created beta and south africa created omicron. But you only call out india? Racist isnt it
@@madhavsharma7222 , Let that thought be embedded in your mind forever!
@@pahatpahat9566 It has already happened in 2021despite wuhan virus
To welcome China’s industrial transfer, India must first try to use diplomatic means to improve its relations with China. China is now a major investor in the global economy.
It's better China let india stay poor as if China invests in India they India will just come back and bite them in the rear. Remember they are lapdog of US and Australia was a precedent. China shouldn't make the same mistake again with lapdog of US.
India just started tax terrorism on Chinese companies, it's stupid to come to India, no foreign companies make money and all lose big time.
Nah, China should focus on Africa and Central Asia,. India is a laptop dog of the US and they love to remain so.
The great unmatchable strength of the Chinese government, is its phenomenal abilities to learn from past mistakes. Several historical events can lead to such a conclusion. One of them is the China's unconditional support for the USA's recovery from 2008 financial disaster. The USA didn't show any gratitude, but started a so called trade war in 2018. Now 3 years later, the economy is in deep trouble, a tsunami is approaching. The new government is stupidly trying harder and sneakier to exploit China, other than cordially seeking help, from China, to restore the economy. We have all seen what happened, China will not give a dime again to help the USA. And only a fool will do that given what China has experienced.
The same case applies to India. India the county generally speaking, from top down, holds a strong hostile attitude towards China, and almost all major media daily repeat the same rhetorics as routine exercises. In 2005 China officially recognizes Shihkim to be part of India, for demonstrating good faith in rebuilding a better Sino-India relationship. However what developed later has been proved it went the opposite direction. What we all have seen is, when China was in the most difficult times, such as the Covid hit hard in Wuhan, India has always 毫不犹豫地落井下石, 坑人不利己, so China government learnt from there and adopted strategy accordingly.
I don't believe strategically China can benefit anything by direct investing in India other than just be a player to compete passively against other players. For instance the High Speed Rail program vs Japan. Win or loss, China will not gain.
@@ParkerAt941 can't control a pandemic lol, usa is the sole superpower, most of the money china has Is foreign
India was to quick to change labor laws for massive investment by U.S or big international companies to move there. China never change their labor laws. Once an investor go into China, the terms of the agreement remain the same for the duration of the agreed duration. It was the U.S that changed their laws not China.
Unless India proves for Indian business and demolish inspector era it's impossible for FDI.
Made in India? Nope sorry, it's dirty.
Armenia bought India faulty radar and lose the war.
Excellent analysis once again.
It needs lot of courage to reveal the facts.
Every educated and well read citizen of india will fully agree and support to whatever said in the presentation. FDI is just a eyewash to keep average Indian confused and their attention away from the precarious financial status,the country is in.
The current poor status of affair is also the result of weak opposition,so in the coming elections everyone must think about right kind of balance of power at the centre.
Rajesh Kaul , go by data and facts...India FDI inflows: 2015 & 2016 - about 44 billion USD, 2018 - 42 billion USD, 2019 - 64 billion USD, highest in the history...check the link...
data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?locations=IN&start=2010
m.economictimes.com/news/economy/finance/india-received-highest-ever-fdi-worth-usd-64-37-billion-in-fy19/articleshow/70454327.cms
I’ve respect for this gentleman...but is he giving the right picture...may be he can point out that FDI inflows as % of GDP may not be very appealing...But at least the inflow is in uptrend...
Thanks to previous govt..
@@itsparthapratim The FY 2019 number would have included a one-off $16 Bn from Walmart-Flipkart. So, if 64 is nominally right, it is still not reflective of the actual annual trend of FDI.
Besides, you are comparing numbers from two sources that calculate them differently. For example, the ET article you quoted also says that 2015-16 FDI was 55 Bn USD. But you have claimed 44Bn as per World Bank data. To get the right picture, it is better to stick to one definition of FDI and one source of comparison, as both definition and method differ between reports. For example, even the time periods may differ - calendar year vs Indian fiscal year. Makes the comparison utterly useless.
Because this channel makes courageous statements, many Indians do not like and subscribe. See the number of subscribers and compare it with Republic TV where we see only a barking nationalist
He made some good points, but it felt kinda prejudiced since he only spoke about 1 side of the story. He glorified china a bit too much, here are some of it's darksides :
1. China is a communist nation and offers even lesser transparency than India, extortion is worse (we all know how CCP cracked down capitalist companies and billionaires like Jack maa and his company, it even cracked down on celebrities, because it's not your money, it's our money!)
2. We all know how transparent china was during initial stages of covid (it said it can't transfer from human to human initially), they even made it seem like they were alright. Since china controls what gets in and out of china, nothing can be believed.
3. The kind of lockdown china did was ridiculous, it even put wooden planks outside of people's door so that they wouldn't be able to come outside. While such harsh methods might be effective in controlling covid, that is a double edged sword, it shows what kind of an oppressive authoritarian regime China is.
4. US-china tradewar, US is sanctioning china in different ways and suggesting it's investors to not invest in China.
5. China has made a lot of foes in the past decade.
6. FDI skyrocketed in India in 2020 (so, there's some truth to the FDI shifting from China to India afterall!). Though the large scale migration mightn't happen altogether, some investment is definitely going to flow into India.
Very very true.... you deserve more views. Even Indians themselves do not want to stay / invest in their own country.
What a joke, wumao feeds your family doesn't it
If a common man like myself knows that to be successful in India you have to politically savvy like Reliance, wouldn't Billions Dollars MNCs be aware of this fact.
They're not going to risk their time and money depending on the whims of politicians.
Example Vodafone. I'm sure they are rueing the day they invested in India.
Rightly said extortion is a major factors, visit any industrial areas and you will find rampant extortion, forceful demand for labour contracts, scrap tenders, buses contract canteen contract forcefully extracted and at some.places simple.extortion by way of monthly protection money etc
Your analysis is accurate ❤️
China's surplus = ~ $ 1 trillion vs India's GDP = ~ $ 3.3 trillion.
This is what spread knowledge should look like. Bravo for speaking the truth without the noise 👏
Points well articulated and conveyed. Missing part is failed governance at all levels of UG, SG and Municipal. Its inefficient and crook Babudom work only to extract and control/obstruct. MNCs/Big business put money after careful evaluation and good chance decent returns. In India, several CMs instead of caring for what PM says, ignores or worse oppose. 50% reservation and permanent employment have created very large vested interest group.
Brilliant take!
Yes...I said yes as soon as I started the video...actually it might work other way...might go from India to China...it's bitter truth...
India has its woes, but just pointing out fingers will not help either. You mentioned stringent labor laws is a problem and yet you are not okay if labor laws are amended. This is classic mistake finding mentality, do whatever, still find fault with everything. Question West Bengal's chief minister of the state which is far behind when compared to other states in India.
This channel is superb example of our Indian people's backstabbing our competitiveness. You must give some suggestions to problems instead of continuing iterating issues again and again. Every country has to make a start and we already have huge companies shifting to India like Apple, Pepsico, Samsung and many more🔥❤️🇮🇳
Perfectly stated! Now this guy is in the same business of financial journalism till ages, can he spot the dubious policies of MMS government. Someone please pull up some videos of his excellency where he points out some credit mongering of MMS government! Now, coming back to his question, yes China isn't getting displayed by India but indeed its getting displayed by other Asian economies. And whom are you comparing sir? With China? The country who has controlled how many child couple can make! Socialist Democracy can't be compared with capitalist dictatorship!
The solutions have been stated many many times. Pick up the opinion column of any business newspaper and you will find experts discussing reforms. While many issues are legacy problems, but the kind of mandate Mr. Modi had, he did not move anything in his first term. Things only got worse. So please spare us your gyaan about how people are not constructive. There is a time for being constructive, and there is a time to mock baseless claims made by the government.
@@abhinavsingh101 I like to invite attention to your comment "Opinion columns" are opinions, and there are many experts with dubious credentials. One cannot run a home, let alone a country based on opinions. Please share specific example than generic comment and put aspersions on other's gyan. Take the example of legacy issue with APMCs, and how that turned out after passing in parliament. I do not claim me being a thought leader or expert, and ready to take any constructive suggestion or change my stance. But empty worded comments do not help.
@@jollymail1 So, you’re expecting me to lay down a reform agenda here? The point being, there are plenty of constructive suggestions made in opinion pages, and the ideas have existed for many years. So just because a specific video mocks the government does not mean constructive suggestions have not been made. India’s economy is in shambles, and it is important to call out policy inaction. This thread is unnecessarily defensive about the government. Noone is ‘backstabbing’ our competence; hell, if opinions could affect competence. The fact is, our economy is uncompetitive. if anyone doesn’t know that, and they’re triggered by this video, I don’t know how they are helping at all.
Your theory still hold true today. A survey says US business has invested twice as much as years 2020. Last year China attracted the most investments.
Thats why India is investing heavily in infrastructure since last few years.
Rome was not build in 1 Day.
Nor China.
Rome
Aryanuj Lahon What evidence of statistics did you come across that shows India is investing “heavily” in infrastructure? More than anything, infrastructure growth is at the slowest pace due to troublesome land acquisition problems and other red tapes. Also it is not that hard to see the evidence from performance of infrastructure companies/sector lacklustre financials and growth and disinterest from stock market perspective. If India was “heavily” investing in infrastructure then stocks of such companies would be one of the top performers, which is clearly not the case.
@@magicsaint I can talk about many projects, but dont have time... so will tell you about two project... you can go and read about them and their progress and India's average daily road construction in Km..
1: Bharatmala 2: Sagarmala..
go read about DFC.. there are many but these 2 are quite grand.
It has become worse since 2014
@@sameerrazaali3777 no it is a result of pervious government's policies
India need to have a throughout land reform first
no. india need corruption and red tape reform!
Good and intuitive down to Earth reasoning!
Unless Mai -Bap policy is stopped,pride of Nationality is restored Nation will not prosper. Modi is doing that.
Sir, great. Amazed by your indepth knowledge and your courage.
I admire your courage and foresight to make such an assessment. Looking back, it can't be more true.
This guy will be threatened now by the Indian state run by the RSS. Freedom of speech in India is fast becoming the freedom to praise Modi and Hindutva ideology. I fear this guy might now be arrested if he is in India.
Yes he should be arrested and FIR should be booked against him like all opportunities book against sudhir Chaudhary and other media personal because they also do same things by speaking against current news statistical information and tried to show case truth. Please don't give lecture about freedom of speech with fake id because we also have logical reasoning thinking and knowledge how freedom in india are misused by sometime.
Suresh Choudhary Suresh, your name means riot in Farsi, and I guess you were appropriately named!
My name meaning in any other languages is not my concern and in INDIA MEANS BHARAT it's meaning is SUN and I am citizens of India where Hindi is my language and Sanskrit is our ancient language all other languages are of used by dacoit who came to India for gold and women learn something from history.
Suresh Choudhary wow, that’s the most extreme kind of Hindi chauvinism I have come across ever. No wonder the Dravidians wanted to break ties
With North India some decades back!
No wonder in today scenario why person like you create Rohingya and Syria like refugee crises and if you target me with name meaning riots and not have courage to use your real name. Then I will make sure to sue you in Indian court under IPC.
The major problem for India is it's depreciating currency.
I will provide an very simplified example, if a I invested let say 20k USD in India in 2012, the exchange rate back then is 1 USD to ~ 50 Rupee, so 20k will be around 1 million Rupee. During 12 years, I doubled my money (which is little, but it serve the point here), I now have 2 million Rupee in my bank account. Now, I want to bring those money back to the US. As of August 2024, the exchange rate is 1 USD to 83.4 Rupee, the 2 million Rupee in my bank now only worth ~24000 USD.
With all the efforts I put in India, and I even doubled my money in India, what I made was only $4000 USD in 12 years when I bring the profit back to the USA. India will have to maintain its currency to be attractive to FDI. In 4 years since this video is published, USD to Rupee has gone from 1:71 to 1:83.
Very Good Analysis! Your discussions are thought-provoking. Please make more lengthy videos and give us an in-depth analysis of the important issues and facts that everyone must know.
Wake up India, we in the rest of Asia want to see you do well.
Salute!! Let's see as days go by
You are being cynical here.
There are companies which moved out of China to Vietnam.
There are good chances that some companies might close their businesses in China.
Some software giants like Google has already announced
If you visit Vietnam ,you will think you are visiting a developed country compared to India... India? We don't know how to.makd roads and pavements or street lights or traffic management..India has a long way to go ..
@Ka Ma Vietnam is willing to stoop really low to attract investors (at the cost of the environment, labor rights, etc), that's something that a democratic country cannot replicate without facing severe backlash from oppositions.
And one more thing, Vietnam already have a matured elctronics and textile manufacturing industry, which means it's cheaper to move there considering it costs less to train laborers.
Bitter truth!
Let me add something.
After, 2 years of posting this video now in 2023 we can see that - no.1 -china was not able to handle covid 19 as india did.
no.2 - India got highest ever FDI in it's history in 2022 that is 84 billion dollar which is constantly growing every year . So , u r not totally correct 🤧
Dr Basu you are very brave. Your analysis is objective. Indians need to look at India 's economic development objectively
One of the keys that will attract those investments is by opening the retail sector. Walmart, Macro, Home Depot type of big malls offering discounts and huge shopping spaces will spur the under exposed public to enjoy shopping. India is a huge market and we have to unleash the investors into it. We are already too late into it. Much behind most of the other Asian countries.
Nonsense. India needs productive manufacturing industries, not foreign retail industries sucking money out of India. India government should stop wasting money on foreign arm purchases and invest in local industry
@@wulung5943 And why exactly are you giving good reasonable advice to an Indian?
Hello Mr. Malcolm War, how can a country be rich if doesn't manufacture?
I have came to know that samsung is investing five thousand crore rs for display unit similarly some company like pegatron, winston, nokia, foxcon are investing in india is it not true ?
@Real Napster no he isn't
How about now, after 10months of this Video, fiis have gone up. I Really want to see your opinion with current status. You should make one video now.
@King Lee yes I still want an update because there's a end of this crisis . And I still believe our country can attract FDI and FII
@Real Napster I disagree bcoz even the South East Asians are doing better than India. This means ( and proven ) it has nothing to do with China or Bengali left leaning people sold out to China or whatever as you claim and misled.
There are well educated Indians overseas. They should return to India and form a strong opposition.
One year later...He was right.
How was he right?
@@vishnusankarkj408 India is worse than what he has predicted...
@@blackknight4996 lol. No!
@@vishnusankarkj408
Yes, you are right! India is no 1
@@blackknight4996 I am not that blind like you to say something like that.
good point. Vietnam is taking over the low end production moving out of China actually.
Not at all .... Vietnam is too small to "take over" ... you don't know how massive China's industrious production capacity is, do you?
India FDI 2018 - $42 billion
India FDI 2021 - $81 billion
well, he wasn't jokin
@@tesla_3693 next year 100 billion dollar
All debt
We can get another guy who will eloquently say why it is a must to invest in India. In a democratic country, things progress slowly due to lot of push & pulls from vested interests. The biggest factor for a business to set up is the availability of market even if in the middle of Amazon forest! Then comes infra, demographics, governance model etc.. which India lacks comparatively to developed countries but not so less that it has become one of the top 6 economies! Besides there are other factors in play other than pure business case with respect to China.
What if u are Wrong
Is Companies like Apple Inc Mad to shift their 20% of Production to India??
Where have they invested in iphone is still made in china
How accurate was your prediction here? Less than two years later, the GDP gap between two grows bigger, India’s trade deficit with China grows bigger, and some short sighted entrepreneur ( Foxconn’s Terry Guo) who moved some of his factories to India is now moving them back to China.
lol who told you? foxconn is now starting EV production in india
Lol China is already stagnating GDP growth will be less than 5 percent while India is 8 percent , foxconn is shifting iPhone manufacturing to India, samsung has moved from China to India, Indian unicorns is closing gap with China. US has replaced China as biggest partner. China will soon become another Japan thanks to stagnating population 😂😂😂😂😂
@@kd6788 Thank you for your imaginations and delusions that make this comment section so much more fun to read.
@@blackknight4996 Lol, I'm in that city, there work for factory has started
@@sigmachadtrillioniare6372 Don't reply to bots. they live on 50 cents per day
Modi is unstable in matters of economy is concerned. After the stimulus I'm waiting for another crackpot note bandhi. For businessmen and entrepreneurs Modi is the second worst PM after Indira Gandhi.
Hats off to Debashis and Sucheta :)
thank you
At 5.38, when he said "India is not even attractive to Indian business" ... I was like "Whaaaaaat?"
Propaganda channels
I have no idea why this Covid handling was added . I am only surprised that we Indiana feel we have not managed it well . Sad to see this kind of approach .
5 months ago😂 any change of opinion now?
Uneducated Corrupt & Gangster Politicians / Leaders do not create an Economic Environment for the Nation to become a Power House of the 21st Century. We need Selfless & Patriotic Leaders who Uplift the Languishing Poor Population to be apart of the push into Future.
You are wrong. In 2019 india was under top 10 country in FDI with $49 billion. And also incrise rate was 16% so, why you people also make panic just for BJP.
You "forgot" to mention the trade war. Steps taken by Japan and other countries to move manufacturing out of China by incentivising companies. You also failed to mention the bad press and propoganda failure of China recently.
Why you often fail to mention the other side. Oh you "must forget".
Wishful.thinking.
this pressismist aashole never say a word about CPIM and TMC governence.
2019 india gets its highest ever fdi. We know that we can not compete china and not only we but rest of the world knows the power chinese supply chain and cheap manufacturing ability. but from last few years things are changing, specially in infrastructure and digital systems. India is developing a business freindly environment, this man will make a video in near future for covering his one sided analysis.
It's a very impressive report. I wonder how would you tell us 3 years later
Hi Mr. Basu, I have been following your videos since last 3 yo 4 months and really like your opinions on economy and governance. In this video you stated that FDI is going down, but as far as I read all literature suggests it's going up. Can you pls share link of this FDI data. Thx
first u share the link of fdi going up.........
Excellent Video Which causes Ripples of Laughter.This Belief and Hope of F.D.I.Exiting and Shifting from China is Like the Houbara Bustard Living and Having its Habitats in North Africa and South Western Asia Abandoning and Leaving the Same For M.P./U.P .
Well now see .. India's FDI is world's largest growing fdi..
My God 'India is not even attractive to Indian business-man" - Long way to go for us...as a Developing nation, Sir
That webseries made me addicted to this channel
Yes
Of course , because india is full of people like , who doesn't follow rules, regulations, who just wait for other person to turn just to snatch from below. As indians itself doesn't believe among them ,then who else would ? It is the Gene infused in to Indians blood, from pre independence and post independence. Not the effect of last 6 years. We want others to follow the rule, but we don't want to follow. The world has seen it when the strict regulations on traffic were implemented, and how it suffered a huge protest from people.Until we Indians get aligned properly, world won't align with it. Don't hope for these things to change if another government comes to power at centre. It would actually worsen the situation, because we have seen 65 + yrs of ruling...😂😂
For low skill manufacturing, Hong Kong, Taiwan and Mainland China businesses are the main players. Since India can’t manage relationship with China, not many Chinese are willing to invest in India.
Ok.
We talk to u after 6 months.
Let's wait.
6 years of waiting was not enough I guess
@@samratdr U Waited 60 yrs to See Congress Flooding Rich People.
@@dipankarpaul5782 After 60 years you will say you were fooled by Bhajpa all this while. Not before that. Similar to how you said the same thing about Congress. You people are much much slower than tubelights.
I won't put more than 50% chance of Nifty being above the present post-crash levels after 6 months.
@@kalidasa_in It's Believe & Hope that makes u work hard .
Not 60 yrs ,
Just after mid-2021 iam hoping recovery with Many Companies settled in India from China.
German Footware & Apple already announced, will come in India.
Of course Not like Lacs of American cos went to China in 1980
bcz Every Rich Country will diversify Supply chain after CoVID-19 & India will gain a Share too.
Our GDP from 1951-1991 is Average 3% GDP bcz of Govt controlled Economy .
GDP same in China & India in 1980.
Congress got late in liberalisation of Economy & China got the Benefit even they r Communist Country.
FDI coming slower from 2011 bcz of Corruption by UPA Govt.
Remember Commonwealth Games,Coal Scan, 2G Scam, Air India Scam, Augusta Westland scam that Shaken Global investors confidence.
Little bit of Knowledge in Economics I wiil talk to u again in Mid-2021.
Well, I do agree over the fact that companies won't shift their manufacturing plants because of some emotional factor (that China is a bad country). However my question is about why inflow of FII is so high in the month of November and December on the other hand DII are on a selling spree
China has a surplus of Chinese owned labour intensive enterprises that have a lot to gain by investing in India to offset rising labour costs in China.
Unfortunately India isn't friendly enough to China.
Nation is the responsiblity of all citizens and ( not only ) government.
You r expecting too much ....one has to make a beginning .Earlier govts made blunders where by we lost FDIs .However , our awful infrastructure, our terribly corrupt babu systems , labor laws in line with companies abroad , land laws etc have been deterrent. Thanks to Congress falling to pressure of a smallest of small group . In 2013-14 , they left government with projects hanging worth Rs. 8000,00 lakh crores .No one realizes that Singapore became independent in 1965 and overtook India .Our total leaning to Soviet block made our labor , govt system etc lethargic and kept piling losses in govt run factories for years together and none was ready to displease those... INDIAN IRON AND STEEL CO , for example , paid salaries to about 5000 staff ( labor + office) for several years without producing a milligram of steel ..Only rich country can afford such a luxury .Privatisation was ,as a result , became an inevitable choice ....and was opposed for the fear of loss of aristocracy by employees ....
FDI to Indian and China both rised sharply. but not from one to the other, all came from Fed.
I thought Singapore is the largest source of FDI for both China & India?
@@zzy341 they are, fdi in china is reducing. There govt. Is worried already.
@@sigmachadtrillioniare6372 so we moving to India?
In Management and administration China is the best
When the video was uploaded in 2020, why the numbers used are of 18-19? Why not 19-20?
You need 2021 to have 2020 datas unless itz a quarterly result. Same everywhere all over the world.
Sir from April to Nov India received 58.37bn $ FDI isn't it good enough?
I genuinely feel this channel is foreign funded
@@Shikhar_Pandey916 what do you mean he gave honest facts about how just because ppl hate china doesn't mean ppl will invest in india and that is 100% true india massively lacks behind in infrastructure vietnam and indonesia is where people are going and that's facts
@@JustAPokemonCommentingOnVideos I didn't say that but yeah I have seen Indian infrastructure and it is growing drastically thanks to tax payers like you and me we investing heavily that's why from all around the world business giants are investing in our country and now I don't even remember what he said in his video but I still feel what I said in comment .
@@Shikhar_Pandey916 yes but right NOW we are behind other countries and debasis is a true nationalist man he makes a lot of content for vishwa hindu parishad (VHP) channel as well for free he is a legit guy
Sir when there is rain everywhere is greenery. What you see round is the best example. INDIA lacks as per me basic thing that is acceptance of self. We call ourself agro based but there is no investment. I find is very hard to accept that not a single piece of agro based jeans that is made in any govt institute but there is KRISHI MANTRALAY. So to look forward see BRAZIL who took its cattle seriously and invested in them shamelessly and if I am not wrong today BRAZIL is few of countries exports not only dairy product but also cattle jeans for better and healthy cattle growth culture. Liked your episode. Hope to see more episodes with more solutions and less questions.
Root is to develop infrastructure seriously and efficiently
It has shifted a lot
🤣🤣🤣
You who revisit your premature prophecy Five years from now.
no doubt
Harshad Mehta said same few years ago.
Invest India.
it is not economics, but politics, the rise of China was not due to their efficiency but US & Japan propped up China. So if companies come to India, it would political and not some marginal productivity of labor and capital bs.
Quality subject
We Indians still fight over Religious beliefs and Casteism and shit, we ignore the important issues and fight for non important.
Lmao, go read some news kid, India's fdi has doubled from 2019 despite covid
India is the largest democracy so do not shame your own country
Business in China is in export oriented business units which can be shifted to India if we give incentives and doesn't China do have retrospective ammendments and on legal front we are far better than those Chinese
Brilliant thinking process.....proves again that Modi is just a liar and nothing more. Sad that we have to call an illiterate hate monger like him as pm. He should be ashamed for India has gone from hopeful to worse after 2014. Let's have sane leaders with far reaching vision lead the country atleast after 2024.
You put hefty .jokes
It has been implemented
My supplier in China told
Me that his factory has
Been moved to India
In 2021 Feb so the couldn't
Supply ...
The machinery unit has
Been vastly dismantled and shipped to India
4 months ago ..
Does India have done anything better? I only see negative points on this channel. So much pessimism on this channel.
It is more chinese supported content japanese company have left aiwa has opens here yes we are fighting with Vietnam .. But I am 200 % sure they will come to bharat as infra project picks up and we start to give more to the investor .. We will have more to provide on the table
Comrade thank u for input,who is your finanacier ? Chinese ambassy or directly CCP ?
Ouch, you hurt my feelings, bro
Give us solution, not just discuss about problem... This was totalling one sided discussion... And it was in english and Sir you're well know journalist, it'll create negative image.... Foreign media will repeat your lines, they already don't speak good about us... Even other Indian media also not good....
Some people doesnt even understand there are issues like this. So he is saying it. Let the concerned people make their own solutions.
He is a journalist and stated some facts. He did his job. Now it's government's job to find some solution and improve the situation. You expect him to do that for the government?
Tax terrorism is the major reason. I pay more than 50% of my income as direct and indirect taxes.
This is what we get from congress in form of infrastructure....Infrastructure Roads..railway...Airport...power.. doesn't happened in 5 years time ...We are paying for congress and left sins..
Do you think india was in excellent condition when british left
This video is aging well against my wish
India need free trade agreements and free economic zones and free economic zone cities India doesn’t have that or policy
If u are thinking India is not a good place for investment, why FDI, FII, DII and retail investors investing in stock market.. Look at stock market.
We r going to be largest populated country on earth, per capita in 2040 will cross $4000..
Indian economy itself a huge opportunity I believe.
Indian Current Govt. Are taking steps to bring Industry revolution in india
Why don't you understand that these are just some random agendas on youtube. They don't have any real news or facts. This man is probably paid or just is delusional.
Lava International CMD has just announced that he will be shifting full production from China to India
And it will invest arround 800 Crs in 5 year's
According to you this was not possible na ???
Then how did he came to India??????
Lava has got Indian promotors, HQ in Noida, it still has its operations in Thailand..
@@indranidasgupta1511
So what is had Shifted it's production from China to India That's more important
Which was not possible according to the the vedio so posted
@@shreyasshah2353 The Indian govt campaign is targeted at multinationals, especially American and European. Not at India companies, because most Indian companies do not have much investment in China anyway! Even Lava is not moving 800Cr from China, as the news story mixes moving with future (non-committed) investment.
Lava is also an odd case that was slow to move, even after Chinese competition like Xiami, Oppo etc started production in India. And, reality is very different than announcements especially for companies like Lava and Micromx who have lost massive marketshare to Chinese (esp Xiaomi). They are now able to sell mainly in segments that Chinese don't compete in. Like very low end cheap phones, and that is also getting killed by the likes of Jio selling their own basic and cheap 4G handsets.
The video makes simple points - 1. Most international companies will stick to China, esp if they want to tap Chinese market. 2. the companies moving some production out of China for more choice are going to countries like Vietnam and Thailand, because Indian govt has failed to address basic problems of industry.
Now what?😄
Not so bad as u say let's wait we r better than 5 yrs ago
THANK YOU AGAIN