India Economy Thread

[r3alist]

@r3alist bro

What we need to benchmark with China is not what they have achieved but what did they do to get there. Some of what they did can be achieved easily here, some of it with some difficulty and some not at all. A careful planner must take care of that.

Regards

Then that is a benchmark

In any case you are asking to have the same opportunities China had 30 years ago, and complain that you do not get this largess from the West.

I don't see how you can avoid the Shadow of China.

Ok you can celebrate every factory made across the entirety of India, but India is three or four percent of global manufacturing, China is something like 30 or more, that too in value add and top tier research development and product.


China has The foundations for exponential development, this is a daunting thought for Indians I know, in fact I do not think the concept is understood or discussed


Another way to appropriately illustrate this is your tejas program is coming onto half a century, in that time China has an entire fleet of fifth gen fighters, their own engines and are looking at the next gen already. That is manufacturing research, delivery, and everything else delivered. If you want to learn from the Chinese, create your own h1b to attract the Chinese into India

 

[SoulSpokesman]

@r3alist bro

If you ask me, I don't think we will ever catch up with them. But we can certainly be a better India than what we are today.

If you want to learn from the Chinese, create your own h1b to attract the Chinese into India

Yes, there are many domains where we are not present at all. We will need to attract talent in these sectors, not only from Chinese but also Japanese, Europeans and Russians. But that would need an India Inc which is willing to pay top dollars for attracting such talent, and this spend will itself be a fraction of the total R&D spend that will need to be incurred.

Unfortunately, as we discussed on that Reliance battery cell thingy our seths, even the richest of them, are unwilling to spend that money aka risk capital. They would rather spend money on trading, arbitrage opportunities and bribing to get sweetheart deals.

Regards

 

[r3alist]

@r3alist bro

If you ask me, I don't think we will ever catch up with them. But we can certainly be a better India than what we are today.

If you want to learn from the Chinese, create your own h1b to attract the Chinese into India

Yes, there are many domains where we are not present at all. We will need to attract talent in these sectors, not only from Chinese but also Japanese, Europeans and Russians. But that would need an India Inc which is willing to pay top dollars for attracting such talent, and this spend will itself be a fraction of the total R&D spend that will need to be incurred.

Unfortunately, as we discussed on that Reliance battery cell thingy our seths, even the richest of them, are unwilling to spend that money aka risk capital. They would rather spend money on trading, arbitrage opportunities and bribing to get sweetheart deals.

Regards

The Chinese used their own brainpower, ok a little bit of ip borrowing, but they have the brainpower to make things work, in that sense I agree you may not catch up, there is a cultural difference on substance over form, Chinese value the former.

 

[SoulSpokesman]

@r3alist bro

Although this is a bit off topic, I have never heard your views on the Pak economy and seldom see you post there. What are your views on Pak's economic path ahead? What about Pak "brainpower"?

Regards

 

[vasanthm]

Then that is a benchmark

In any case you are asking to have the same opportunities China had 30 years ago, and complain that you do not get this largess from the West.

I don't see how you can avoid the Shadow of China.

Ok you can celebrate every factory made across the entirety of India, but India is three or four percent of global manufacturing, China is something like 30 or more, that too in value add and top tier research development and product.


China has The foundations for exponential development, this is a daunting thought for Indians I know, in fact I do not think the concept is understood or discussed


Another way to appropriately illustrate this is your tejas program is coming onto half a century, in that time China has an entire fleet of fifth gen fighters, their own engines and are looking at the next gen already. That is manufacturing research, delivery, and everything else delivered. If you want to learn from the Chinese, create your own h1b to attract the Chinese into India

All of that is broadly true, and yes, China’s scale and depth aren’t something India can realistically replicate line by line. But accepting that doesn’t mean we throw up our hands or get salty about China doing well.

India doesn’t need exponential, China style growth for progress to matter. Even modest improvements in manufacturing or tech capability move the needle for hundreds of millions of people. That alone makes it worth doing. Improvement on our own baseline year on year is still success enough.

 

[r3alist]

All of that is broadly true, and yes, China’s scale and depth aren’t something India can realistically replicate line by line. But accepting that doesn’t mean we throw up our hands or get salty about China doing well.

India doesn’t need exponential, China style growth for progress to matter. Even modest improvements in manufacturing or tech capability move the needle for hundreds of millions of people. That alone makes it worth doing. Improvement on our own baseline year on year is still success enough.

Fair post, however some countries need some exponential growth areas more than others

 

[Thinking]

@r3alist bro

Although this is a bit off topic, I have never heard your views on the Pak economy and seldom see you post there. What are your views on Pak's economic path ahead? What about Pak "brainpower"?

Regards

He is clearly Chinese. They have brain power, Indians don't. But do other South Asians have brain power? Weird, weird.

 

[Thinking]

Taiwanese showmaker Pou Chen is pumping 2300 crore in TN again. This time for none-leather footwear.

 

[r3alist]

He is clearly Chinese. They have brain power, Indians don't. But do other South Asians have brain power? Weird, weird.

But they do have brain power, I'm only talking about the Chinese. Whenever these IQ tests are done I have not seen one version where China are not top 10 or top 5.

Make of that what you will.

 

[Thinking]

But they do have brain power, I'm only talking about the Chinese. Whenever these IQ tests are done I have not seen one version where China are not top 10 or top 5.

Make of that what you will.

Sure bud, like I didn't study with them, right? Do Pakistani people possess this brain power? Just be honest with us.

India has no shortage of decent brain power. Problem is utility. Brain power means s..t, It's intent and money that sings. Indian government has zero intent and spends no money. Chinese have bled like in trillions to boost science and tech. It is not that they posses magical "brain power". All rich countries have this "brain power". No country has more "brain power" than tiny Israel. Money goes a long way.

 

[r3alist]

Sure bud, like I didn't study with them, right? Do Pakistani people possess this brain power? Just be honest with us.

India has no shortage of decent brain power. Problem is utility. Brain power means s..t, It's intent and money that sings. Indian government has zero intent and spends no money. Chinese have bled like in trillions to boost science and tech. It is not that they posses magical "brain power". All rich countries have this "brain power". No country has more "brain power" than tiny Israel. Money goes a long way.

Actually perhaps India does have a shortage of brain power, because some of your best human resources leave and that seems to make a difference? Is this not your consensus internally

When I say brains and intelligence, I mean average intelligence and enough intelligence commensurate to the needs of your ambitions, we can take chip manufacturing and the need for appropriate water, well the condition of your water is also maybe related to how people treat the water in India.


Back to China, if we assume China is at the higher average IQ, then you have a billion plus people, how many will be on the right hand skew on the distribution of intelligence..... The answer is a lot. And they work really hard. This links to a previous point on natural upper limits.

 

[Thinking]

Actually perhaps India does have a shortage of brain power, because some of your best human resources leave and that seems to make a difference? Is this not your consensus internally

When I say brains and intelligence, I mean average intelligence and enough intelligence commensurate to the needs of your ambitions, we can take chip manufacturing and the need for appropriate water, well the condition of your water is also maybe related to how people treat the water in India.


Back to China, if we assume China is at the higher average IQ, then you have a billion plus people, how many will be on the right hand skew on the distribution of intelligence..... The answer is a lot. And they work really hard. This links to a previous point on natural upper limits.

Gotcha. I skipped the rest. Sorry, hard to read so much simping. I guess I will give 25 years to see if China can produce a fraction of Nobel Laurates that Israel has produced, nevermind big nations like UK, Germany...or worse America.

Chinese are no different from Japanese. For all it's magical growth, Japanese were never out of the box thinkers. I expect China to be a bigger Japan.

 

[r3alist]

Gotcha. I skipped the rest. Sorry, hard to read so much simping. I guess I will give 25 years to see if China can produce a fraction of Nobel Laurates that Israel has produced, nevermind big nations like UK, Germany...or worse America.

Chinese are no different from Japanese. For all it's magical growth, Japanese were never out of the box thinkers. I expect China to be a bigger Japan.

So keeping the discussion on the economy, Nobel prizes are not a prerequisite for robust and deep economic development.

The point I am making is they have the average development and intelligence to have first world cities more or less. That's because the average is strong , enough to maintain standards.

If you want to talk about simping, then bringing Israeli Nobel prize winners is exactly that.

 

[Thinking]

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[CallSignMaverick]

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