Why block investment when it’s giving us growth? You ca later steal their tech like China did from USA

Product Manager

At a testing facility in Tamil Nadu, Mahindra Group's new vehicles highlight India's growing automotive sector and Modi's 'Selfreliant India' campaign.  Despite restrictions on Chinese investment, ...

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- At a testing facility in Tamil Nadu, Mahindra Group's new vehicles highlight India's growing automotive sector and Modi's 'Self-reliant India' campaign.
- Despite restrictions on Chinese investment, India remains heavily dependent on Chinese imports, including battery cells for Mahindra's EVs.
- Critics argue that India's tough stance on China could hinder its manufacturing ambitions, with delays in visas for Chinese technicians affecting companies like Apple.
- The Modi government is divided on whether to ease restrictions, with some officials pushing for more flexibility to attract foreign investment.
- Major Indian companies, like Tata Power, are working to reduce reliance on Chinese imports, aiming for self-sufficiency in critical sectors like solar energy. 

 Source: [Financial Times](https://www.ft.com/content/5a2b4491-5687-4b11-872d-a4f51121bbb2)

Can India’s Economy Thrive Without China’s Help?

Journalist

Can India’s Economy Thrive Without China’s Help?- Grapevine

..unless either of the two mess up insanely bad

We'll probably get to the #3 spot if things go well. But it seems impossible that we'll ever go beyond that.

Internal reasons that are very hard to fix:-

(1) Our population TFR fell below standard replacement rate in 2023. This means we will not be able to follow the same economic growth trajectory required to reach developed status before population stagnation or declination. This is not a death knell but definitely very VERY bad news.

(2) Our blue-collar workforce skill levels are not only subpar but are slowly falling behind the world standards every year. Much of our youth aim to join government orgs like the Army or the Railways which train for the job later, not before. Despite a national shortage of skilled plumbers, electricians etc, our vocational training orgs have been unsuccessful in attracting people towards these careers as well as churning out skilled workers.

(3) Our bureaucratic environment is extremely slow with pathetic turnaround times on initiatives. This is not government specific and has always been the case so it seems like this will always be. This is not even a problem unique to India as many other countries have been facing this too but it is still a factor that negatively impacts our growth massively.

I wish it was just internal reasons but a large part of it also comes down to both China and US being aggressively great at ensuring their successes:-

(1) Chinese manufacturing seems nearly impossible to overcome - not just for India but also for the US. Yes, we might win over some industries and companies like the US, Vietnam, Thailand etc. have been doing but the amount of autocratic control in China allows them to crush competition easily. Case in point - the recent tussle between India and China on solar manufacturing which China won by autocratically lowering their prices.

(2) If de-dollarisation succeeds, it will benefit China the most because (contd. in comments)

Controversial: India will never overtake China or US

Software Developer

Tesla manufacturing in India would be interesting. I hope they get serious about launching in India too

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Lately, I have been thinking very deeply about my college days when the Flipkart story had inspired the entire lot of my batch at IIT-D. We were starry eyed college kids who wanted to do something innovative in India and break away from the "three" most popular moves after IIT:

1. UPSC
2. MBA
3. MS/PhD abroad

I proceeded to then work in various Indian startups and noticed an alarming thing. I began to realise a pattern across all my stints:

The initial founding team does exceptional work innovating, they excel at what Thiel calls "Zero to One", the act of creation. I will concede that although most founders fail to innovate by often copying what worked in the west but the initial founding team usually excels in execution. It allows for initial traction as it breathes a fresh breath in the\ space that they are operating in.

Almost always, when Product Market Fit is "achieved"(whatever that means), the founders begin to deploy insane amounts of funds into growth. 

By definition, Growth is not a bad thing. But, I have been noticing that across all startups I have worked at( all raised funds from the largest global funds) that it comes at the expense of product building. And during this era of hypergrowth, the product starts to stagnate while focus becomes marketing and sales. 

I often felt that this was temporary. That once we reach enough scale, we would start to innovate again. 
But time and time again, the ability to innovate atrophies over time.
Rather than building something that has enduring value by executing faster than anyone, the focus becomes achieving growth at all costs. 

This ultimately leads to two outcomes:
1. The startup cannot sustain this growth and retention begins to look dire. The churn becomes unbearable and the startup goes out of business.

2. The startup gets acquired by someone bigger, allowing founders and investors to believe that they created value where none existed in the first place.

I am completely dejected at this.

The Death of Indian Innovation: Why Indian Start Ups are failing to Innovate?

Growth Manager

Can we solve the problem of youth unemployment in India?

Why is India so dependant on chinese goods, what are some goods that we import the most🤔
Is there anyone here building in india in substitute of chinese imported goods

Chinese Export Market🤯

What's the edge they have over Chinese EV cars. Elon visiting India also seems to be a desperate move to show growth

Given the latest layoff news and betting highly on robo taxies, feels like it's over for the quite arrogant leader and his company

Does Tesla really has a future?

- A fire at Tata Group's Apple iPhone component plant in India could disrupt production ahead of a festive season sales surge. 
- The incident may force Apple's suppliers to source critical parts from China or elsewhere. 
- The fire has caused an indefinite production halt at Tata's Hosur plant in Tamil Nadu, the only Indian supplier of iPhone back panels. 
- Apple may struggle to fulfil as much as 15% of the estimated 1.5 million units of iPhone 14 and 15 models demand during the Indian festive season. 
- If the production suspension continues, Apple could set up another assembly line in China to secure parts for India's iPhone manufacturers.

Source: [Reuters](https://www.reuters.com/technology/apple-may-need-turn-china-after-indian-tata-plant-fire-sources-say-2024-10-01/)

Apple May Rely on China After Tata Plant Fire in India

- China's electric cars are facing international backlash with the U.S. and EU increasing tariffs on imports.
- Chinese-made batteries, crucial for EVs, are the next target for trade restrictions.
- China dominates the global battery market, with companies like CATL and BYD leading the charge.
- Western countries are trying to develop alternatives but lag behind in technology and production.
- Despite efforts, China's grip on battery production and innovation remains strong. 

 Source: [Reuters ](https://www.reuters.com/breakingviews/chinas-global-battery-ram-will-be-hard-stop-2024-09-06/)

China's Battery Dominance Faces Western Pushback

Tesla CEO Elon Musk made an unannounced visit to Beijing to discuss the rollout of Full Self-Driving (FSD) software and data transfer permissions. Musk met with Premier Li Qiang, sharing a photo on social media. Tesla cleared regulatory hurdles for FSD in China, potentially boosting competition in the auto market. The move could also help Tesla navigate regulatory challenges and declining EV sales, while aligning with China's push for technological innovation and competition in the autonomous driving sector.

What is Tesla's Full Self Driving and why its China rollout matters

Indian govt was playing hard to get, now Tesla doesn't need their help to grow

Senior software engineer

Love him or hate him, but please watch the video once. This increasing dictatorship has to end.

Explore the intricate dynamics of democracy in India with our latest video, where we scrutinize the growing concerns around the 'One Nation, One Party' ideol...

Is India becoming a DICTATORSHIP? | Chandigarh Elections | Farmers Protest | Dhruv Rathee

Watch before it’s too late…

Software Engineer

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Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs  784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation

Had a chat with a legendary soonicorn founder yesterday evening and his take was that we are definitely not getting another bull run this decade.

I obviously think more optimistically and hopefully things will look up soon.

What do you all think about this tho?

Reply in comments. Do you all think we ever getting the bull run again? 😔

VC funding based on revenue multiples and profit (😂😂😂) multiples is soon going to be obsolete. 

Common sense says company's valuation should be summation of yearly profits it can generate till the company exists... 

So if reliance has profit of 8 billion $ , market estimates that it's valuation should be around 25x multiple of its profit that is to say that if reliance keeps on generating same amount of profit for year on year, it will not exist after 25 years.

Now tell me, what shelf live does these VC funded startup have?

I honestly don't see all these tom dick and Harry mobile based and web based startups existing by end of this decade thanks to AI revolution.

People are still oblivion to what AI will do to white collar jobs 



Just out of curiosity, is there any single VC funded Indian startup in last 10-15 years which is immensely profitable ? 

Or for that matter any global giants like Amazon, Uber, Airbnb etc. which has turned profitable in Indian territory?

Future of VC funded mobile and web based startups

I was casually scrolling across Amazon looking for a smartwatch for a family member,  when I came across this tag called Country of Origin on the product description details section. To my surprise most of the so-called Indian brands like Noise and Boat have Country of Origin specified as surprise surprise *China*.

I felt kinda disgusting tbh. Then I scrolled over the list of products that I have purchased over Amazon ranging from mouse pads to Milton water bottles and almost all of them had this country of origin from China, except for the Bhagwat Purana copy(Thank God).

I think we Indians are by sheer ignorance depleting India's forex reserves and demoting efforts by our Entrepreneur to manufacture in India. We may end up getting cheap products but it costs us loss in GDP and job opportunities in India. I guess we could take a lesson out of the Japanese book where Japanese people don't buy non-Japanese products. It's a conscious decision.

Do Indians care about the Country of Origin tag while purchasing products?

I geniually want to understand why we are behind in manufacturing ? Although I'm from commerce background but I would love to know how does one start manufacturing business in India ?

What type of engineers you need ? Honestly I don't have any clue but if any has some information pls discuss here.

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