Apple supplier Foxconn to invest $1B in India, sources say • Hacker News Board

Re: Apple supplier Foxconn to invest $1B in India, sources say

#201

Post by theduder99 » Sat, Jul 11, 2020, 1:14 PM UTC

achow wrote: post #62

pankajdoharey wrote: post #23

Earlier quoted context omitted.

Manufacturing is not just about cheap skilled labour it is about resources aswell. India lacks both cheap "skilled" labour and mineral resources. They do have low and unskilled labour in high numbers though. Also India is just about as democratic as Putins Russia.

> India is just about as democratic as Putins Russia This is first time hearing it. However flawed the elected officials are in India, they do represent the popular sentiments of the population at that time.

populism doesn't factor into it given the amount of corruption involved.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#202

Post by TheOtherHobbes » Sat, Jul 11, 2020, 1:20 PM UTC

wozniacki wrote: post #162

jariel wrote: post #75

Earlier quoted context omitted.

Those are not in the 'top 10' things required to support an electronics manufacturing base. Africa is the last place any electronics are going to be made, and it's completely unsuitable to their situation, at least currently. Manufacturing any kind of electronics any scale requires a fair bit of sophistication. There is a lot of know how in putting together lines, knowing what to optimise, managing supply chains. I j…

The Chinese invest in African (sic) for minerals etc. they bring in their own workers (why do they do this if African wages are lower?). This. There's a most excellent documentary on the inroads the Chinese have industrially made in Africa called Empire of Dust (2011)[1] thats eminently watchable.[2][3][4] Even going back a decade and more, the Chinese not only brought their own machinery, trucks, heavy and light equ…

Or it could be a language issue. Africa speaks Portuguese, French, English, and local languages, more or less in that order. It doesn't speak Chinese. And while many Chinese speak English, there are far fewer Chinese managers with the time or the interest to learn yet another language. (Especially not Portuguese, which is one of the hardest Euro-based languages.)

Anyway - Africa will be developed after Asia is exhausted. It will take longer, but it will happen within a few decades.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#203

Post by jerrybee » Sat, Jul 11, 2020, 1:25 PM UTC

moreorless wrote: post #68

jerrybee wrote: post #38

Earlier quoted context omitted.

Foxconn employs about 1.2 million workers in China. In Shenzhen and Chengdu, a combined Foxconn workforce of 500,000 provides labour for Apple Inc. Daily wage is ~$5 per employee. [ https://www.facing-finance.org/en/database/cases/working-con... ] Napkin math if you were to move 500k workers to the US and paid them $100 a day instead of $5 a day it would cost you $17B a year. Would be interesting to see how labor per…

In what world do you pay a skilled American $12.50/hr? And that is before considering benefits.

You’re absolutely right, I was being unrealistically conservative. In reality that many workers would almost certainly unionize and average labor costs could easily be $250-$300 a day or more.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#204

Post by naruvimama » Sat, Jul 11, 2020, 1:33 PM UTC

A lot of people have talked about the weakness in India, but have forgotten the strengths.

Outside China, India is one of the largest single market

The long term growth rate is expected to be good

There is a countrywide GST (similar to VAT)

Uber, Amazon, Google are relatively free to be in the market, this is more liberal than in many EU countries

Add to that the younger population, surplus labour, tightening global immigration

More over India is a new unwritten partner with US, Japan, Taiwan, South Korea - there is plenty of give and take. India has concluded multi billion dollar defence deals with the US.

India has made a huge push in infrastructure investments, and building several industrial corridors

India has a strategic location in the ocean

India is the only big power in the region that can kick the CCP's ass if it has to, and the Chinese have been testing it out several times

Since the coronavirus, the state of UP (200 million population) has relaxed all labour laws that was preventing employment generation and investment, has aggregated government land for new industrial setup, twice the size of Luxembourg.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#205

Post by costcopizza » Sat, Jul 11, 2020, 1:36 PM UTC

pankajdoharey wrote: post #20

kodablah wrote: post #12

> With India’s labour cheaper compared with China, and the gradual expansion of its supplier base here, Apple will be able to use the country as an export hub While there are negatives, I appreciate how globalization of manufacturing helps lift poorer economies (albeit it slowly and not always agreeing with the politics of the newly-built middle classes). One might expect manufacturing in mid-Africa in two decades.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

This is awesome. Can’t wait to lift multiple African nations out of poverty and have my iPhone stay at a reasonable price.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#206

Post by abtom » Sat, Jul 11, 2020, 1:40 PM UTC

0xFFFE wrote: post #27

throwaway4425 wrote: post #14

Earlier quoted context omitted.

I think this will depend on how much of an ally they are in the future. If they are seen as an economic threat, like Japan in the 80s, the media will probably start to report more on the atrocities committed in Kashmir along with the new Citizenship Law that appears to target or disadvantaged Muslims. Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than C…

It is appalling how despite the availability of information online, people still choose not to verify what they hear on the MSM. Here is the link to the Citizenship Amendment Act of 2019 on GOI website. It's only a 2 page document. http://egazette.nic.in/WriteReadData/2019/214646.pdf It was amended to accommodate persecuted minorities from *neighboring countries" of India. It has nothing to do with the Citizens of In…

I had the same mindset initially. The CAA in itself is benign. Simply reading the Act will not give you the perspective on how it is going to be implemented. The statements given by the Home Minister of India - who is also a senior member of the ruling party - will give you a better idea of the situation. The backlash due to the passing of the CAB led the Prime Minister to make multiple statements that directly contradict ones made by the Home Minister just a few months before[1]. This, along with the general attitude of senior party ministers[2] is leading the people to be (IMO rightly) concerned about the motives of the government.

[1]https://www.youtube.com/watch?v=tEfaRmQIDU4 [2]https://www.youtube.com/watch?v=MCyBL8dBOEo

Re: Apple supplier Foxconn to invest $1B in India, sources say

#207

Post by godelmachine » Sat, Jul 11, 2020, 1:49 PM UTC

achow wrote: post #57

pankajdoharey wrote: post #20

Earlier quoted context omitted.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

The main issue anywhere is the foresight and tenacity of the political (ruling) class. They have to do things which are long term by cutting back on short term and populist decisions. That is one thing that is holding even India back. In democratic setup it is very difficult to take a long term view particularly when that comes with short term pain - the govt would be out in next election. Africa should learn both fr…

>>That is one thing that is holding even India back. In democratic setup it is very difficult to take a long term view particularly when that comes with short term pain - the govt would be out in next election.

The one thing you can count India on is that democracy will prevail.

Any government which comes to power will always appease industrialists and investors albeit their electioneering manifesto may have been on the upliftment of the proletariat and bourgeois

Re: Apple supplier Foxconn to invest $1B in India, sources say

#208

Post by scarface74 » Sat, Jul 11, 2020, 1:50 PM UTC

atlasunshrugged wrote: post #83

monocasa wrote: post #69

Earlier quoted context omitted.

The US doesn't care if you're autocratic; they've propped up and outright installed plenty of dictators.

You're right, but it's an awfully useful pretense for America to invade you if you're not "democratic"

But, I thought that the destroying property and violence doesn’t bring about democratic changes?

Or is that only when the US is tsk tsking about how other countries treats its citizens....

Re: Apple supplier Foxconn to invest $1B in India, sources say

#209

Post by godelmachine » Sat, Jul 11, 2020, 1:57 PM UTC

shwoopdiwoop wrote: post #199

pankajdoharey wrote: post #20

Earlier quoted context omitted.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

One major advantage that China has is an insanely good transportation and logistics network. Anything you need for production, you can get in a very short time and large quantities. I can see how population density would be a huge factor when it comes to how feasible it is to establish and develop these networks.

Even India can be at par in supple chain logistics if she puts her mind to it.

Prime Minister Modi has spoken about it in his address to the nation.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#210

Post by thewhitetulip » Sat, Jul 11, 2020, 2:12 PM UTC

nsenifty wrote: post #71

thewhitetulip wrote: post #49

Earlier quoted context omitted.

Dude, you literally are spreading false information and you're literally quoting one thing on one line and contradicting it on the second line. CAA makes it easier for non Muslims. you say 'no it doesn't' and then you literaly cite this: > Provided that any person belonging to Hindu, Sikh, Buddhist, Jain, Parsi or Christian community from Afghanistan, Bangladesh or Pakistan, who entered into India on or before the 31…

Nationwide NRC is different from NRC for Assam. Nationwide NRC ( https://en.wikipedia.org/wiki/National_Register_of_Citizens ) is mandated by 2003 Amendment of Citizenship act ( https://en.wikipedia.org/wiki/Citizenship_(Amendment)_Act,_2... ). Look at the definition of illegal migrants there. It doesn't mention anything about your grandfather's papers. Assam NRC is an entirely different beast ( https://en.wikipedia.…

> Nationwide NRC is different from NRC for Assam.

Wrong again. You aren't even trying that hard dude. This is not reddit. BJP govt has said in SC officially that they'll like to spread NRC to the entire country. Even though there is no real proof that illegal immigrants are flocking to India. Even bangladesh is doing well in GDP terms than us.

They did their little trial in Assam and now they want to burn down the entire country because they don't have a leg to stand on, now that Ram Mandir got so little response.

> It doesn't mention anything about your grandfather's papers

you don't seem to know anything do you? At least do a google search before commenting and making an ass of yourself.

link: http://www.nrcassam.nic.in/admin-documents.html

The first requirement is collection of ANY ONE of the following documents of List A issued before midnight of 24th March, 1971 where name of self or ancestor* appears (to prove residence in Assam up to midnight of 24th March, 1971).

SO before 1971. I sure as hell wasn't born before 1971. My documents which I got in the 2000s don't mean SHIT to the government as I didn't get them before 1971.

    (1) 1951 NRC OR
    (2) Electoral Roll(s) up to 24th March 1971 (midnight) OR
    (3) Land & Tenancy Records OR
    (4) Citizenship Certificate OR
    (5) Permanent Residential Certificate OR
    (6) Refugee Registration Certificate OR
    (7) Passport OR
    (8) LIC OR
    (9) Any Govt. issued License/Certificate OR
    (10) Govt. Service/ Employment Certificate OR
    (11) Bank/Post Office Accounts OR
    (12) Birth Certificate OR
    (13) Board/University Educational Certificate OR
    (14) Court Records/Processes.

for all those born after 24th march midnight 1971 they're all illegal immigrants unless they have their parent's birth certificates or 1971's govt documents.