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.
Alag Chomu ho bhai tum
Petrol aata h middle east se... Toh kya gaadi chaalani band karoge?! Swadeshi was a 1950s concept, which fucked up our economy for decades.
Buy quality things of value at affordable price that help ones finances. Desh apne aap aage badhega
A few years ago my father's friend visited the USA and got gifts for me and my family, he gifted me the flag of the USA and I checked the tag and found out that the flag was manufactured in the People's Republic of China🤣🤣
Electronics is a challenging field. You can't manufacture electronics without fabs. Tata is the first Indian company that is making serious efforts now. Entrepreneurs in India can launch apps, assemble components from China at best. Electronics requires tens of billions of dollars of investments and govt support for 20 years. This can't happen in a transparent democracy like ours or might just happen very slowly.
Same for a lot of companies sadly. China has become world’s factory. Charlie munger once said that it is easy to strike deals with manufacturers there and get things produced at pace and scale, whereas its not the same with india, despite labour being cheap in both places, mainly due to bureaucracy, bribes and lack of quality and order.
They don’t a lot. ecommerce does this tagging because it’s a legal requirement
I’ve always had this question on why Indians are very stingy when it comes to paying money for premium products. I agree there are Indians especially in the young generation who aren’t shy from spending for quality products but the masse...
Who denied your visa?
The problem with such founders is - They will try to play “Indian brand” card as reasoning for over-priced IPO but the majority of issue was secondary sale. A minor part will go into the “so-called” Indian brand and it’s expansion.
Saw a similar post somewhere from an European and I think it’s pretty valid for India.
For context, I am in my early 30s, a home owner, living in tier-2 city with a pretty high salary. Recently got married and my wife also works as an...
Great post, I was thinking to jot down something similar. The way I see is that our generation(I'm Gen Z), is f...
Whenever I read foreign media outlets, India is the new Asian Tiger that will outpace most emerging economies in growth. But Indian media and Indian people act like India is the worst place to be.
The dichotomy is extremely confusing....
Lack of opportunities, too much competition and no support from government (unless you know someone who knows someone...
