India's government is finalizing rules to expedite visa processing for Chinese technicians, addressing business complaints about delays impacting manufacturing.  The new framework aims to reduce vi...

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- India's government is finalizing rules to expedite visa processing for Chinese technicians, addressing business complaints about delays impacting manufacturing.
- The new framework aims to reduce visa processing time from 4-5 months to within 30 days, involving multiple government departments.
- Strict visa rules were imposed after a 2020 border clash, significantly reducing the number of visas issued to Chinese nationals.
- Businesses argue that the visa restrictions are hindering India's manufacturing ambitions and increasing costs.
- The India Cellular & Electronics Association estimates a $15 billion production loss and 100,000 job opportunities lost due to the border standoff. 

 Source: Bloomberg

India to Fast-Track China Visas After Businesses Hit by Delays

Journalist

India to Fast-Track China Visas After Businesses Hit by Delays- Grapevine

Welcome to Office Gossip's Private Community

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

..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

Let's do our part, instead FOMO, have an abundance mindset,keep building and shipping.

Product Manager

Software Developer

- India's imports from China increased by 13.05% to $10.28 billion in July, while exports to China fell by 9.44% to $1.05 billion, according to commerce ministry data.
- During April-July 2024-25, India's exports to China dipped by 4.54% to $4.8 billion, and imports grew by 9.66% to $35.85 billion, resulting in a trade deficit of $31.31 billion.
- Exports to countries like the UK, Germany, and South Africa contracted in July, but saw growth in the US, UAE, and the Netherlands.
- India's exports to the US rose by 3.15% to $6.55 billion in July, while imports increased by 1.43% to $3.71 billion, leading to a trade surplus of $12.2 billion during April-July 2024-25.
- Commerce Secretary Sunil Barthwal stated that the increase in imports from China is not a concern as it aligns with India's growing consumption and economic growth. 

 Source: [Economic Times](https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-imports-from-china-up-13-exports-dip-9-44-in-july/articleshow/112528612.cms)

India's Trade Dynamics with China: Imports Surge, Exports Decline

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? 😔

We’ll 100% see another bull run. It’s just a question of when.  
  
 Hopefully sooner rather than later, only a bull run can fix me…

- **Piyush Goyal** declared the H1B visa issue is now "a thing of the past" during a meeting in New Delhi.
- Goyal's recent **New York visit** included discussions on economic and strategic partnerships beyond traditional sectors.
- Key areas of focus: **clean energy**, **technology transfer**, **digital telecommunications**, and **defence**.
- Goyal met with **30 business leaders** and signed various **MoUs** to deepen business ties.
- Emphasis on **tourism** and the **digital economy** as focal points in Indo-US relations.

Source: [Times Now News](https://www.timesnownews.com/india/h1b-visa-a-thing-of-past-no-longer-piyush-goyal-signals-a-shift-in-us-india-relations-article-114393159), [Hindustan Times](https://www.hindustantimes.com/business/h1b-visa-era-thing-of-past-says-piyush-goyal-as-india-eyes-new-investment-avenues-101729401036690.html), [Ndtv](https://www.ndtv.com/india-news/union-minister-piyush-goyal-calls-h1b-visa-thing-of-past-after-us-visit-6829966)

India-US Shift Focus Beyond H1B Visa

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?

Software Engineer

Welcome to Indian Startups's Private Community

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.

Why is Indian manufacturing so behind compared to China ?

Autocracy vs democracy. China got to manipulate its currency for two decades at a stretch - got it pegged at 6 remnibi to usd keeping exports cheap, influenced/lobbies/spied at the highest levels in the US government for decades (look up Larry Wu Tai). This meant unbelievably high USD inflow into China for decades. Chinese nationals who emigrate to US are loyal to China, steal IPs, some are even PLA trained - look up PLA members posing as students in ivy leagues. China pays up American profs to work for them (look up collaborations of Wuhan institute of virology). Their communist background helped since most American institutions are infiltrated by communists thanks to Russia paving the way - so much that they got US to dethrone ROC (Taiwan) from UNSC. Till today, US does not recognise Taiwan as an independent nation despite the grandstanding. Not saying this is all wrong, but they played geopolitics very well over decades and got loyal, nationalistic citizens.

Support Specialist

What do you all think about the laptop import ban? Good or bad?

Laptop ban??

Copywriter

Can we solve the problem of youth unemployment in India?

When will Namma Metro Yellow Line begin its operations?

Metro Yellow Line

Program Manager

- The Economic Survey 2023-24 suggests India should focus on attracting FDI from China to benefit from the global 'China Plus One' strategy, rather than integrating into China's supply chain.
- The Survey highlights India's growing electronic exports, particularly in mobile phones, as a key area of growth.
- With multinational companies shifting away from China, India has a unique opportunity to attract Chinese investments and boost its manufacturing exports.
- The government's PLI scheme, offering tax breaks and subsidies, is crucial in attracting companies to set up operations in India, especially in the electronics sector.
- Major tech companies like Apple and Google are already increasing their production in India, signaling a positive trend for the country's manufacturing landscape. 

 Source: Inc42

Economic Survey Advocates for Increased FDI from China to Boost India's Exports

Welcome to Moving Abroad's Private Community

I was able to move to Europe with my current company and role. Let me know if you have any questions!

Moved abroad with my current role

Lawyer

https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS

Not sure of the authencity of the video. But look at the scale of use of tech.

China is ahead at AI/Robotics/Tech adoption

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

So I got a job offer from a company named pixel group Ltd based in kensas, USA for a frontend developer role. My base salary is $120,000. https://pixelgroupltd.com/ here is the homepage of the company. They are asking me to attend a 7 day seminar at the office at USA for onboarding and everything will be sponsered. But I got this offer even without a single f2f interview. 1st was a video resume round, 2nd was a technical round and 3rd was a psychometric test. That's it no f2f interview. Is it some sort of scam?? I can't find any details about the company. Please help me. 

Your offer letter, encompassing detailed salary structures, holiday lists, work timings, and the code of conduct, will be provided after your visit to the embassy for visa stamping post verification completion. 
This was also mentioned in the email.

Is this company a scam??

Welcome to Personal Finance's Private Community

Is it really worth it based on any metrics(PPI etc) to stay in the US If you have 1cr base cash salary India? 

Asking for a friend: Age 31. 10 yrs work experience in tech.

1Cr base salary India vs $300K Meta base US

Technical Director

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

India to Fast-Track China Visas After Businesses Hit by Delays

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