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

reuters.com

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

#271

Post by pankajdoharey »

pythonwizz wrote: post #182
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…

"1. Mineral Resources." This is the first time I heard this. Source that this is/was important? If it is, why not Brazil? "2. Cheap Labour." I am not sure that African countries are so much cheaper than India. Also, you need educated people too, something that is not available in Africa, at least not in quantities. 3. High Density of Lanthanide and Actinide group minerals. Why is this necessary? Source? China has: 1.…

China is a great place for manufacturing which is why it succeeded. But the next place has to be surely cheaper than china. The average salaries have increased in china, but African countries do have same advantages as China. The ideal mix as I proposed could be African Resources + Chinese Engineers + Scientists etc ...

More than my answers I think you need this http://www.catb.org/~esr/faqs/smart-questions.html

Once you learn that google is one step away to find the answers to your questions.

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

#272

Post by pankajdoharey »

nine_zeros wrote: post #248
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…

India is perfect for global economic growth in general. India has a massive population that has massive consumer needs. However, they cannot produce everything all by themselves. Partly because of mineral resources, partly because of education and partly because of land crunch. Which means, when they industrialize more, they need to import more. Which aids growth of countries exporting to India. USA used to play that…

What more can i say i am from India, and I can tell you a number of Indian Industries have closed down because the rate at which we procure raw materials, Chinese can produce a finished product at that price. Almost a decade ago we had a flourishing Lock Industry, but when Chinese lock manufacturers entered the Indian market our manufacturers couldn't compete. Chinese could produce locks at a price for which we couldn't even produce steel. In a matter of years most lock manufacturers closed down. Now most distributors just import locks from China. Indian steel manufacturers started producing high grade steel for special applications to survive in the market. Because it was clear we cannot compete with china at volume pricing for low grade steel.

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

#273

Post by thewhitetulip »

sbmthakur wrote: post #264
thewhitetulip wrote: post #257

Earlier quoted context omitted.

Dude, you said that CAA applies to religious prosecution. Ahmadiyas are a sect of Islam and they're being prosecuted. Islam is a religion so by default this is religions prosecution. if what you said is said in good faith (and not as a propagandist), India should include Ahmadiyas and Rohingya under CAA. otherwise either you are wrong or Indian govt's intentions are not what you claim them to be.

> Dude, you said that CAA applies to religious prosecution. Yes, I said that. I also said that Ahmadiyas are victims of sectarian conflict and not a religious one. Once you include one sect, there will be demands to include all other persecuted sects (Shias, Sufis etc.) How do you plan to deal with that situation? And if so many Muslims are suffering in those counties then what was the point of partition? Why shouldn…

is their sect a religious one or not?

Or is their sect a sports one?

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

#274

Post by thewhitetulip »

naruvimama wrote: post #261
thewhitetulip wrote: post #258

Earlier quoted context omitted.

you claimed that CAA is for religious prosecution. Ahmadiyas and Rohingyas are religious sects who are facing prosecution. ergo, they are qualified under CAA. but you claim otherwise using mental gymnastics. > They are free to seek asylum if they want. If this is the case, abolish CAA and let Afghan Hindus and Pakistani Hindus seek asylum as well. since CAA isn't the only way right? > Indian government to recognize t…

Let Pakistan handover equivalent land to India, let us not forget Ahmadiyas created the Islamic nation of Pakistan. Rohingas trace their roots to Bangladesh and there are 50+ muslim majority countries for them to migrate to, which is not the case for Hindus and Sikhs. Moreover mayanmer has unearthed mass graves of Hindus in Rohingya areas, while it isn't surprising, that isn't comforting either.

Hindus also have a lot of south Asian Hindu countries. Nepal and Cambodia comes to mind.

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

#275

Post by ejanus »

jariel wrote: post #75
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…

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…

Labour is cheaper in Africa than in China. What Chinese company spend to ferry a construction worker from China to Africa is enough to pay about 10 African workers in a year. China wants to to give Chinese jobs to Chinese people. However when it comes to manufacturing of plastics and other low tech products they use Africans. Why are they not importing labour from China? I had the opportunities to work in a complex environment where some Chinese companies operate. Local workers were far knowledgeable. But these companies would not allow locals to handle their core machines, something that is not harder than playstation games. Everything is written in Chinese and locals are not trained in such language. I have the honour to have visited Western countries, and I can't remember if they have apps that are not readily available in Africa. Africa may be underdeveloped but they have reasonably educated people. They maybe lacking core skill but they are not lazy and unfocused.

Bring manufacturing to Africa would really help grow world economy and would also end this current trade war. It may not be easy but it is possible. Africa has the cheapest labour you can find anywhere, hardworking people with strong sense of confidence. Africa is closer to Europe and America than China and India. Africa has strong cultural ties already with Europe and America.

Banking services develop along with businesses, and as the economy improves every sector would improve too. China was not built over night.

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

#276

Post by ejanus »

jariel wrote: post #236
sufyanadam wrote: post #132

Earlier quoted context omitted.

I have to disagree with you on almost all points. I lived in East Africa for 20 years, and my observation of the African people was that their intelligence was similar to what you'd find anywhere in silicon valley. The problems you mentioned with financial services was solved way back in 1999 and rivals any mobile / cashless system anywhere else in the world, and that was long before things like square came out in th…

I love your aspirational and positive attitude. "Other issues you mentioned such as electricity and water are the reason why you will find some of the most innovative people out there. Rather than complain about their inconvenient lack of opportunities, they think outside the box to achieve whatever they want to achieve." I get it - if you don't have consistent electricity you 'innovate' and I admire that a lot. But…

Some of the things you said are correct. I won't dispute them but they are solvable problems.

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

#277

Post by ejanus »

pankajdoharey wrote: post #272
nine_zeros wrote: post #248

Earlier quoted context omitted.

India is perfect for global economic growth in general. India has a massive population that has massive consumer needs. However, they cannot produce everything all by themselves. Partly because of mineral resources, partly because of education and partly because of land crunch. Which means, when they industrialize more, they need to import more. Which aids growth of countries exporting to India. USA used to play that…

What more can i say i am from India, and I can tell you a number of Indian Industries have closed down because the rate at which we procure raw materials, Chinese can produce a finished product at that price. Almost a decade ago we had a flourishing Lock Industry, but when Chinese lock manufacturers entered the Indian market our manufacturers couldn't compete. Chinese could produce locks at a price for which we could…

Are you sure that Chinese government didn't subsidize their companies?

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

#278

Post by imtringued »

hyperbovine wrote: post #173
achow wrote: post #57

Earlier quoted context omitted.

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…

Actually Africa only has as much coastline as Europe despite being much larger. It has a high proportion of landlocked countries.

This wouldn't be such a big deal if the landlocked countries joined an African Union or something like that.

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

#279

Post by pankajdoharey »

ejanus wrote: post #277
pankajdoharey wrote: post #272

Earlier quoted context omitted.

What more can i say i am from India, and I can tell you a number of Indian Industries have closed down because the rate at which we procure raw materials, Chinese can produce a finished product at that price. Almost a decade ago we had a flourishing Lock Industry, but when Chinese lock manufacturers entered the Indian market our manufacturers couldn't compete. Chinese could produce locks at a price for which we could…

Are you sure that Chinese government didn't subsidize their companies?

Could be I have no way of knowing that.

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

#280

Post by imtringued »

dhd7r7eu3 wrote: post #146
agumonkey wrote: post #142

Earlier quoted context omitted.

Africa as an industrial hub would probably be better than a lot of poverty and exploitation yet somehow it breaks the usual picture of that continent :)

Better in what sense? India might be poor (not a bad thing for attracting investment) but it's stable compared to Africa. South Africa is sort of stable but not compared to India and overall there's just no reason to invest in a region where you might have all of your equipment lost or stolen. Altruistic investors might feel differently of course but by definition they care less about returns then most other investor…

Countries with incompetent governments like Argentina also routinely do weird things like nationalize companies if they are mostly owned foreign investors. It's not like Argentina is a self sufficient economic powerhouse. They have lots of problems yet they keep executing strategies that can only drag the country down.
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