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Isn't it impressive how incompetent authoritarian regimes are? I mean, India has a great thing going. Geopolitically, it's exempt from bans on trading with Rus
by fleddr 4y ago
Isn't it impressive how incompetent authoritarian regimes are?
I mean, India has a great thing going. Geopolitically, it's exempt from bans on trading with Russia, so it can play both sides and get away with it. It has build up a vast services industry as the "back office of the world", a major driver of economic prosperity. It's likely the main beneficiary of re-shoring manufacturing out of China.
In this position, quite literally the dumbest thing you can do is to attract international attention by attacking a western institute like the BBC.
You weaken your position in geopolitics. You scare investors. You don't realize how unlike manufacturing, services are extremely easy to move to another country. And why even start manufacturing in this regime, when plenty of saner countries are nearby?
You want to gamble with all of that, for what? A BBC report that does nothing. Give it no attention and everything stays exactly the same.
- busterarm 4y agoLet's be real, the beneficiaries of re-shoring manufacturing were always going to be the countries that used to do it before China became the cheaper option. Namely: Taiwan, Thailand, Vietnam, Cambodia, Korea, Japan.
- rnk 4y agoI don't think that's right, apple moving some iPhone and other production to India is a big deal. But it's not going to be easy because of all the production lines and parts that are made by other companies in China and the built up expertise. https://www.theguardian.com/technology/2022/sep/27/apple-shifts-some-iphone-14-production-from-china-to-india https://www.theguardian.com/technology/2022/sep/27/apple-shi...
- busterarm 4y agoNo country is going to benefit from just one company moving their production there. Focusing on just Apple is blowing things out of proportion. A lot of India's electronics manufacturing at the moment is still limited to recycling (e.g, Sony Trinitron CRTs)
- rnk 4y agoManufacturing top end finished goods (like the phone) will lead to more local sourcing of components eventually.
- fleddr 4y agoNo idea why you're downvoted because it's a good remark.
- busterarm 4y agoProbably because I said that Taiwan is a country.
- f6v 4y agoAlternative take: there will be no repercussions because of what you described. For one thing the EU is buying Indian diesel, isn’t that right? Probably among many other things.
- fleddr 4y agoI agree that there will be no immediate serious repercussions, but it's still a case of tickling a shark or shooting in your own foot.
- markdown 4y ago> You scare investors. You don't realize how unlike manufacturing, services are extremely easy to move to another country. And why even start manufacturing in this regime, when plenty of saner countries are nearby? You have it backwards. This is the stuff that manufacturers, and particularly capitalist American manufacturers go absolutely nuts for. Authoritarian governments are their wet dream. If you have an authoritarian govt on your side, there's nothing you can't get away with. Labour troubles disappear, red tape? gone! Environmental issues? swept under the carpet. It doesn't get much more Authoritarian than China, and world manufacturing moved all moved there over the past 50 years.
- fleddr 4y agoWell, if we're going to be pointing fingers, let's not forget ourselves here: consumers. We gladly look away when consuming these cheap products. The attraction is that it's cheap, nothing else matters. If it were cheap whilst the country was democratic, we'd still take it. So authoritarian is not the requirement, being low cost is. That said, yes it's a fair point that cheap correlates with an authoritarian regime with lax regulation. But it's not the only reason for being low cost, it can also be a result of a surplus of labor and the lack of an internal market. Regardless, the recent insight is that moving all manufacturing into a superpower with nukes that changes alliances at a whim might have been a mistake. Hence another sizable country like India behaving unreliably isn't exactly looking attractive as the next destination.
- pphysch 4y agoI thought India was "the world's largest democracy". When did it become an "authoritarian regime"?
- girishso 4y ago2014
- JacobThreeThree 4y agoRussia invaded another country and yet 91% of firms operating in that country continue to do so, despite the supposedly crippling sanctions. https://www.politico.eu/article/majority-of-western-companies-continue-business-in-russia-study-finds/ https://www.politico.eu/article/majority-of-western-companie... Why would a comparatively insignificant transgression like this raid scare off investors?
- vinay_ys 4y agoKnow your facts before you start name-calling India and start showing your biases. It's the world's largest and most vibrant democracy with a very comprehensive constitution. On the other hand, BBC has a long history of crappy reporting and tax evasion, not just in India but also in their home country.
- whatshisface 4y agohttps://peertube.tv/search?search=The%20Modi%20Question%20&searchTarget=local https://peertube.tv/search?search=The%20Modi%20Question%20&s... Here is the documentary, why not watch it and see what you think about their reporting?
- vinay_ys 4y agoI have read enough BBC articles on topics I know very well about and seen how poor and biased their reporting is. I don't want to fall victim to Gell-Mann Amnesia effect.
- fleddr 4y agoSounds like I hit a nerve. What name-calling? I called the regime incompetent. Not India's inhabitants. I have no bias against Indian people, if I do, it's a positive one. 90% of my team is from India.