21–30 of 349 posts
There's been a recent surge in American companies investing in India primarily through Reliance Jio (owned by Mukhesh Ambani who's got a good connect with the current ruling Government). It's been spiking since the Anti-China sentiment led Buy and Use 'Made in India' cries. Government has even asked eCom Flipkart and Amazon to display Country of Origin for each product. With all these, This investment from Google see…
Google has been funneling around 20 billion dollars yearly through Bermuda to evade taxes using the infamous 'irish double sandwich'. Pressure from the US and EU is finally forcing Ireland to change their laws. Google is in a situation when they have money that they need to figure out a plan for since they can't do as much tax evasion as they previously were permitted to. https://www.caymancompass.com/2020/01/02/goog…
Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.
Companies don't invest billions in India to shaft China, they're doing it to maintain or grow their position on the Indian market, which is a huge one. If India suddenly sees a wave of "build it at home" sentiment then Google or Apple won't want to be left out and fall behind the competition. Publicly traded companies can't afford to play favorites, they "have to" go where the profits are and make the best of it, whe…
Still after moving segments to India the next area is where? Africa is still a source of cheap labor but too many countries there suffer from stability issues. Figure within a generation it will be both viable market and manufacturing base.
There's been a recent surge in American companies investing in India primarily through Reliance Jio (owned by Mukhesh Ambani who's got a good connect with the current ruling Government). It's been spiking since the Anti-China sentiment led Buy and Use 'Made in India' cries. Government has even asked eCom Flipkart and Amazon to display Country of Origin for each product. With all these, This investment from Google see…
Earlier quoted context omitted.
The US will act against any threats to their position. Although India has the potential to be a threat, so far it hasn't been and the more the US can invest in India and 'own' large swathes of key industries the better for the US but someday India may wake up to the fact that their economy is, or can be, larger than the US's and start acting accordingly.
China PR makes me question a lot of things. For example, I’ve always been told that protectionism doesn’t work but with the great firewall it seems to work just fine in China PR. How do I explain it?
Nothing is black and white.
Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.
Companies don't invest billions in India to shaft China, they're doing it to maintain or grow their position on the Indian market, which is a huge one. If India suddenly sees a wave of "build it at home" sentiment then Google or Apple won't want to be left out and fall behind the competition. Publicly traded companies can't afford to play favorites, they "have to" go where the profits are and make the best of it, whe…
There's been a recent surge in American companies investing in India primarily through Reliance Jio (owned by Mukhesh Ambani who's got a good connect with the current ruling Government). It's been spiking since the Anti-China sentiment led Buy and Use 'Made in India' cries. Government has even asked eCom Flipkart and Amazon to display Country of Origin for each product. With all these, This investment from Google see…
However you feel about how Jio got its foothold in the telecoms game ([1] has details), it’s sheer scale makes it an attractive investment. It’s one of two major national 4G networks and an astonishing amount of data moves through it. They’ve big ambitions on the 5G front. They’re also building India’s largest last-mile fibre network. Given that Ambani wants Jio to be debt-free by next year, and an upcoming IPO for Jio by 2024, key industry players falling over themselves to grab a pre-IPO piece isn’t surprising.
The concern, of course, is the complete lack of privacy legislation in India, and how this impacts Jio’s ambitions re “monetising” its users and their clickstream activity.
[1] https://m.thewire.in/article/tech/reliance-jio-telecom-regul...
There's been a recent surge in American companies investing in India primarily through Reliance Jio (owned by Mukhesh Ambani who's got a good connect with the current ruling Government). It's been spiking since the Anti-China sentiment led Buy and Use 'Made in India' cries. Government has even asked eCom Flipkart and Amazon to display Country of Origin for each product. With all these, This investment from Google see…
I think this rather shows the continued weakness of India. On one hand, China and nationalism are used as a tool by the Indian government (not least while the Covid-19 situation goes pear-shaped), on the other hand they are at least as dependent on US companies, if not more. I think India should rather reflect on China's industrial strategy, including investments in infrastructure and fostering the development of nat…
It is not the same as nationalism and in particular for India, strong nationalism has the flip-side of igniting dormant conflicts with it sizeable muslim minority.
There's been a recent surge in American companies investing in India primarily through Reliance Jio (owned by Mukhesh Ambani who's got a good connect with the current ruling Government). It's been spiking since the Anti-China sentiment led Buy and Use 'Made in India' cries. Government has even asked eCom Flipkart and Amazon to display Country of Origin for each product. With all these, This investment from Google see…
I don't see how it's not alarming for Indians that one key person/company connected to the govt is the sole beneficiary of incoming businesses into India.