High-quality stuff manufactured in India?

[Superbad]

Whats your point ?

% growth is YOY growth.
so it is indicative of only the improvement in figures than that of the previous year.

Eg: the GDP growth of UK is about 4 % . that does not mean that their overall country wealth is lower than that of india

 

[Waterworld]

I totally agree with what rite says, He is so right about when it comes to quality. Man you are so right :hap2:

 

[adilj]

Basic rule of manufacturing: If there is demand it will be manufactured.

People here are not that educated to see the difference in quality (talking of general public). And most importantly people here dont care about quality they just care of brand presence????

I have seen this personally: there is a store called the SHOP next to the club near juhu they sell all high end audio equipment. My friend picked out a BOSE system inspite of the fact that the sales guy informed him that warfdale (particular model) was better than the bose one that he had selected. REASON: Cause people knew about BOSE and very few people have heard about warfdale...
(I PERSONALLY DONT KNOW WHICH IS BETTER).

SO BUYERS in india are of 2 types, ones that want a expensive product that people know and which is really BIG and famous or th eones that want a product that is as cheap as they can get.

People mentioned here "how many people dont want high end products?"
Have we seen the fear amongst people (who dont know of high end brands) when u tell them get this brand which they have not heard of? They just auto assume that the product is expesnsive or some ripped off chinese stuff....

Advised my friend to get Corsair pen drive he did not get it cause he though it was expensive inspite of me telling him that the price range was the same and differe by one 100 buck max.

SO the bootom line is we are really new to this high end product and there is a fear amongst buyer they want to go for the tested and common brands... Soon this will change and we will manfucature high end products are self...

Today we can say that majority of the houses in india have comps... This similar trend was achived by America ages ago and now comps are nothin for them... Even today comps are still considered a big thing in India...

Why is this so slow??? Cause of

1) POLITICS
2) LAZINESS OF THE PHUCKIN GOVENMENT
3) UNFRIENDLY POLICIES OF THE COUNTRY
THIS IS JUST A SMALL PORTION OF WHATS ON MY MIND FOR THIS TOPIC... THERE IS LOTS MORE BUT AM TIERD OF TYPING....

 

[blr_p]

% growth is YOY growth.
so it is indicative of only the improvement in figures than that of the previous year.

Eg: the GDP growth of UK is about 4 % . that does not mean that their overall country wealth is lower than that of india

I know that. But its the way stalker made that comment as if to say not having high growth rates isn't a problem.

Introducing reforms 2.0 will potentially jeopardise the growth rates we have become accustomed to and expect if not demand.

If reforms 2.0 are introduced i'm quite confident 5-10 yrs from now the topic title will be redundant.

Our system still has a lot of chains in it, something not many ppl realise going by the comments i've seen in this thread. The system does not encourage doing what we would like. To make matters worse there are barriers to importing stuff, you pay through the nose to a govt as duty. This is to protect domestic industry but all it does it make them complacent as there is little competition.

Thats been the problem since day 1.

 

[abracadabra]

home furnishing for IKEA! man o man i was shocked to see it being manufactured in TN and being exported into Europe. I really should those stuffs really have good qulaity way beyond what you find a portico, @home, Home Center! Also dont forget Egyptian Cotton bedspreads at 50K

 

[Hacker]

I am just going to put this here

http://www.nytimes.com/2011/07/26/b...tured-goods-lead-surge-in-indian-exports.html

and to all those who are posting Indians are lazy and have servant mentality, try running your own company and then talk. I personally know a guy who runs a small engineering firm(making mechanical parts etc) who told me that half of his time goes in dealing with infrastructure issues like electricity, water, transportation, bribing corrupt officials for getting permits etc etc.

 

[blr_p]

Here's the problem...

Over the last decade, industrial export hubs have sprouted around India, some with the help of government planning. Here in Pune, about 100 miles east of Mumbai, a vibrant domestic automotive and engineering hub supplies the United States and other Western markets.

Hire & fire no labour laws to stop them just like with IT.

Course, we never get to see any of this good stuff

So India might export a bit of good stuff but i doubt many ppl in the country would even notice it because they would not be seeing any. Certainly not cheap because this stuff is expensive to begin with. Expensive because its priced for western markets.

Good profits for the companies & taxes for the govt, everybody else can get screwed.

Nah, i want more

The flowering of these industrial bases can be traced to the early 1990s. That is when a financial crisis forced Indian policy makers to slough off socialist policies known as the “licenses raj,” which tightly regulated industrial production and kept foreign competition out. The changes let businesses set up factories based on market demand and allowed foreigners to invest in India, exposing domestic companies to greater competition.

More reforms required. All this does is creates SEZ's. Good revenue for the govt but nothing for the local Indian.

Not happening any time soon

But still not as well as it could be. Some economists predict the Indian economy will grow by 7.5 percent this year, to $1.6 trillion. Such growth might thrill many countries, but it would be down from 8.5 percent last year. And it is below the 10 percent growth rate that many economists say India could achieve if it invested more in infrastructure and if the government further relaxed its tight grip on many parts of the economy.

Bingo! but it comes with risks.

Analysts say Indian exporters like Precision Automation have performed admirably given the challenges they face. But for India to become an export powerhouse like China — which had exports of $1.58 trillion last year — policy makers must substantially improve its infrastructure, make labor regulations more flexible and improve basic education, said K. T. Chacko, director of the Indian Institute of Foreign Trade in New Delhi.

Do that and the Chinese will be outsourcing their stuff here as well.

Yet, roads and regulatory approvals are improving, Mr. Date said. As recently as five years ago, it took customs and tax authorities seven days to approve export shipments. That has been reduced to two days, he said.

“It is bearable,” he added, “but still needs improvement.”

The guy is exporting his stuff still the govt wants to know what & how much. Not only that but he needs approval

WTF do we need this shit!