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Make in India

makeinindia.com

41–47 of 47 posts

Re: Make in India

#41

India has very cheap labor so you might save some costs on that front. However there are many deep-rooted infrastructure issues that need to be overcome: Industries need un-innterupted power. There are massive power shortages already. Mass production requires good road & rail connectivity - the state of roadways in India is pathetic Freedom to hire (and fire) people - 1950s era socialist labor laws are abundant in In…

Was China any better when they headed in the same direction a few decades ago?

Re: Make in India

#42

I cannot speak for other industries but India is pretty unfriendly for web startups. The Reserve Bank of India has the worst policies when it comes to IT companies. 1) In India, you cannot create recurring subscriptions as the RBI prohibits charging the credit card automatically. Not one Indian payment processor (I've talked to a many) gives you the option to create recurring subscriptions. Can you imagine where half…

That is incredibly annoying and true. Not sure if the current govt's focus includes web startups.

Re: Make in India

#43
post #18

Dow Chemical gave a 5* review.

Yes. It's not mentioned in the website, but Indian Government also provides immunity from criminal prosecution to wealthy foreign investors with strong political connection - regardless of the nature and (genocidal) scale of the crime.

Step right in, investors. Find a get-out-of-jail-free card in your goodie bags!

Re: Make in India

#44
post #21
post #18

Dow Chemical gave a 5* review.

Are you referring to this? https://en.wikipedia.org/wiki/Bhopal_disaster

Yep. Estimates include upto 25,000 killed. Many of the surviving victims got only 25,000 inr (approx 500 usd) as compensation despite life-long injuries and birth defects to their children.

30 years on, victims are still fighting for justice and adequate compensation:- http://www.change.org/p/ananthkumar-bjp-revise-figures-of-de...

Re: Make in India

#45

India has very cheap labor so you might save some costs on that front. However there are many deep-rooted infrastructure issues that need to be overcome: Industries need un-innterupted power. There are massive power shortages already. Mass production requires good road & rail connectivity - the state of roadways in India is pathetic Freedom to hire (and fire) people - 1950s era socialist labor laws are abundant in In…

Correct me where i am wrong:

While cities and residential areas get a lot power cuts, the electric companies aim to provide industries with continuous power. Plus they are setting this up as a new industrial area so i suppose it is conceivable that they will have dedicated power production for this strip.

Again, this being built right on the highway, are high way conditions in india bad too?

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