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2020-04-10 India-Pakistan
Netanyahu thanks Modi for delivering hydroxychloroquine to Israel
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Posted by Dron66046 2020-04-10 00:55|| || Front Page|| [7 views ]  Top

#1 As we move away from China (I hope), we should utilize the other 1 billion plus population nation in south Asia. India has a hard-working and motivated work force, a tradition of British law dating from the Raj, and a democratic (if inefficient) government. But all in all a good bet.
Posted by Tom 2020-04-10 11:33||   2020-04-10 11:33|| Front Page Top

#2 ^What about moving the industry back into USA - assembly workers not MBAs?
Posted by g(r)omgoru 2020-04-10 11:34||   2020-04-10 11:34|| Front Page Top

#3 Corruption and an overabundance of laws, taxes and red-tape in India make it very difficult for a corporation with structure and working style fashioned in liberal economies to do business.

The fastidiously anal-retentive academia that is elevated to positions of economic advisory here ensure that common sense and reason are eclipsed by their own Socialist creeds disguised as 'corporate responsibilities' and more don'ts than dos. While this may be a good thing because corporates from liberal economies are perceived as greedy entities which if left to their whims would leech the planet and humanity dry and feed us to ourselves; it also makes India a rather less favoured business destination. Unless you're prepared to reap more goodwill than profit for the first few decades.

Also, it has been seen that western and other international companies tend to often ingratiate themselves with the politicals, seeking then to engineer outcomes and policies. This may be another reason they are allowed very little traction.

It's a trade-off really. India never gets the kind of business it could, but then it can always tell a Zuckerberg to pack up his FreeBasics thingy and get lost.

I too believe every nation, especially one as large as America could well to raise an indigenous labour force, and there should be lesser and lesser import of labour as that also means import of culture. We all know that the cultures of societies cheap labour comes from are not always easily integrated in liberal countries.
Posted by Dron66046 2020-04-10 18:58||   2020-04-10 18:58|| Front Page Top

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