Google to Invest $10B in India • Hacker News Board

Re: Google to Invest $10B in India

#41

Post by yati » Mon, Jul 13, 2020, 11:06 AM UTC

kburman wrote: post #37

pankajdoharey wrote: post #30

Earlier quoted context omitted.

Well there are a lot of people who are not aware of the fact and then there are those who are onboard because they are onboard with the government. So the alarmist kind are a minority which media doesn't show. Also 90% of the media channels are owned by the aforementioned person.

Man you're commenting full on since yesterday about Indian government. Is there something that bothered you a lot?

Why does speaking up about the Indian government inevitably bring up questions like this? Ambani's relationship with this government bothers me a lot (among many other things about any government, particularly this one).

Re: Google to Invest $10B in India

#42

Post by omk » Mon, Jul 13, 2020, 11:07 AM UTC

kburman wrote: post #37

pankajdoharey wrote: post #30

Earlier quoted context omitted.

Well there are a lot of people who are not aware of the fact and then there are those who are onboard because they are onboard with the government. So the alarmist kind are a minority which media doesn't show. Also 90% of the media channels are owned by the aforementioned person.

Man you're commenting full on since yesterday about Indian government. Is there something that bothered you a lot?

The imbalance of power in India can bother a lot of people. There is merit to question someone if their comments aren't in line with facts.

Re: Google to Invest $10B in India

#43

Post by kranner » Mon, Jul 13, 2020, 11:07 AM UTC

murukesh_s wrote: post #32

frequentnapper wrote: post #24

Earlier quoted context omitted.

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.

the person is connected with both the parties. so may be opposition does not dare to mention him. but i personally feel he is lesser evil, especially if you look at the penetration Chinese products and venture money have made in India.

How is Chinese venture money more evil than Ambani owning everything?

Re: Google to Invest $10B in India

#44

Post by totalZero » Mon, Jul 13, 2020, 11:08 AM UTC

bamboozled wrote: post #4

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.

If China has indeed "blown it," there's no imperative reason that India must be the subsequent option. Several other markets offer cheap labor and friendly host government policies toward foreign manufacturers.

Re: Google to Invest $10B in India

#45

Post by encom » Mon, Jul 13, 2020, 11:09 AM UTC

OJFord wrote: post #39

How do I read a Techcrunch article without going through guce.advertising.com/collectIdentifiers first? Here's the Times of India, anyway: https://economictimes.indiatimes.com/tech/internet/google-to...

My DNS-level ad blocking trips on TC articles as well, so your solution of using some other site, that doesn't hate its users is the correct one.

IMHO, such garbage should be filtered from HN.

Re: Google to Invest $10B in India

#46

Post by m0zg » Mon, Jul 13, 2020, 11:09 AM UTC

Is there even a way for Google to invest in a high-corruption country like India without paying bribes (which would break US anti-bribery laws)? I'm pretty sure such an investment would be impossible in e.g. Russia, where many a hand needs to be greased before anything can happen.

Re: Google to Invest $10B in India

#47

Post by totalZero » Mon, Jul 13, 2020, 11:10 AM UTC

fiblye wrote: post #19

quyleanh wrote: post #12

Hope India is not the second China, where they are invested and destroyed when being strong because of threatening America's position.

India is generally more culturally and politically similar to the west than China. Unless they decide to embark on some unexpected imperialist conquest, I don’t think they’ll have such an active movement to divest from them in the future.

India is so culturally dissimilar to the USA that it's almost laughable to suggest that they are similar. I'm not trying to be adversarial; I just don't see any logical basis -- aside from a few years of anglophone rule -- for your premise.

Re: Google to Invest $10B in India

#48

Post by LatteLazy » Mon, Jul 13, 2020, 11:10 AM UTC

It's hard to know what's going on here.

Will it actually be 10bn? Only time will tell...

Doing what (sales, dev, support, research)? Is this new productive activity or just outsourcing?

Why? Is this hedging the risks of China sanctions/user rejection? or the risks of Indian nationalism? or honestly wanting a more local input on the Indian market/economy? or a moral decision given China going from bad to worse? Is it just outsourcing to a low cost country? A mix of all these?

Reading the faff, it sounds like they're selling this in a similar way to Google fibre: we'll invest to inspire/shame others into doing their job and also to create a market by showing people what is available.

Interestingly I imagine 10bn USD goes a long long way in India. So this could be a huge boon for some local areas of India, so that's nice.

Re: Google to Invest $10B in India

#49

Post by totalZero » Mon, Jul 13, 2020, 11:12 AM UTC

actuator wrote: post #31

Seems like a headline grabbing thing in the current geopolitical context. They are stating $10B in the next 5-7 years. Quite sure a company like Google would have a spend like that earmarked from way before in one of the big emerging markets like India. Facebook, Amazon, Apple, Google all have been working towards this for a while now.

Agreed. For context, Google spent $8.5B buying back its own stock in the first quarter of 2020. They could invest $10B immediately, if they so desired.

Re: Google to Invest $10B in India

#50

Post by [deleted] » Mon, Jul 13, 2020, 11:14 AM UTC

kburman wrote: post #37

pankajdoharey wrote: post #30

Earlier quoted context omitted.

Well there are a lot of people who are not aware of the fact and then there are those who are onboard because they are onboard with the government. So the alarmist kind are a minority which media doesn't show. Also 90% of the media channels are owned by the aforementioned person.

Man you're commenting full on since yesterday about Indian government. Is there something that bothered you a lot?

[deleted]