India Economy Thread

Uh huh sure,

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I looked up their market cap (Dixon), its about 9 billion USD.

Not too shabby...but talk of manufacturing superpower needs proof in 10 year time scales over very large array of producers and consumers.
 
Guynextdoor said:
Simple, it's the money.

Dixon just reported 100% increase in revenues, 190% increase in profits. With this the 'leading edge' companies have proven how much money can be made.

Stocks SKYROCKETED by 163% in one year. With this kind of potential, more are going to enter. You waste your time discuss economics, 'technology level', 'socity theories' and so on. These guys know now that money can be made, and they will do what is needed to make it.




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Click to expand...

yawn.....😴
 
onlinpunit said:
I hate two words : super power and game changer.
Click to expand...

We are IT export power are we not? NO one's talking about innovation here. Basically application and copy paste. Now that we know there is money in it...
 
Nilgiri said:
Uh huh sure,

data.worldbank.org

World Bank Open Data

Free and open access to global development data
data.worldbank.org data.worldbank.org

I looked up their market cap (Dixon), its about 9 billion USD.

Not too shabby...but talk of manufacturing superpower needs proof in 10 year time scales over very large array of producers and consumers.
Click to expand...

My only point- once there is proof that money can be made, others join in. Like how Infosys proved money can be made in outsourcing and we now do 170 billion in exports.

Everything else is just theory, money talks. To make the money they'll lobby govt. , train people in industrial scale, move money on massive scale and get what needs to be done.
 
Guynextdoor said:
My only point- once there is proof that money can be made, others join in. Like how Infosys proved money can be made in outsourcing and we now do 170 billion in exports.

Everything else is just theory, money talks. To make the money they'll lobby govt. , train people in industrial scale, move money on massive scale and get what needs to be done.
Click to expand...

I heard this 10 years ago, 20 years ago etc....and results have been below average.

Proof is in the pudding and in hindsight.
 
Nilgiri said:
I heard this 10 years ago, 20 years ago etc....and results have been below average.

Proof is in the pudding and in hindsight.
Click to expand...
10 years ago you didn't have a 10 billion market cap company dude.

People think these things happen because 'India wants to become manufacturing power' or 'Govt launched a policy' or 'education and training was done this way' and so on.

not the case. If money is there then the companies force govt to change laws, training ecosystem comes up (NIIT provided more software engineers than any University) and stock markets give the required capital.

Don't trust govt plans. But definitely trust the money.
 
Just saw a vid on the tube on the Indian military coming to the same conclusion as the rest of the military’s on the rapid obsolescence of its legacy equipment, in light of the news filtering out from Ukraine and the Middle East conflicts. I’m not surprised at all as to the cancellation of many defense contracts for legacy equipment:

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