That seems like outright fraud to me, but it doesn't seem like they're going to challenge it based on the video?
Why wouldn't the Indians pull a fake it til ya make it? Hell of a lot easier than actually doing the thing and competing... Even though that's kinda the whole point of capitalism. But we abandoned that long ago, and the Silicon Valley types and VC types in particular have sworn off it. Dollars and monopolies first. Competition (and lower prices therethrough)? Nah. A sucker's game they say.
https://en.m.wikipedia.org/wiki/Permanent_normal_trade_relat...
I'm not excusing them, just like I'm not excusing a scam call center that steals from the elderly.
Do you have anything to support that? My read of that article suggests that India's manufacturing has declined and the "Make in India" initiative wasn't a success. So how does India become China over next decade?
Manufacturing's share of GDP has declined meaning manufacturing grew slower than services. Manufacturing absolutely did not decline.
MaxPock•7mo ago
"Beijing has done something we don't like, now we must start harassing all Chinese companies."
India must come to terms with the fact that it is still at Kenya's per capita income level.
ViktorRay•7mo ago
This was written by the famous Russian author Leo Tolstoy in 1908. It was in a famous letter he wrote that Mahatma Gandhi later republished in his newspaper.
Considering the British East India Trading Company, which was a corporation, enslaved the country of India for a hundred years….I think it makes sense India feels an “emotional reaction” when some corporation “steps on its toes.”
As an American president once said:
“Fool me once shame on you. Fool me twice…you can’t get fooled again!”
StopDisinfo910•7mo ago
Now take a look at India and China nowadays. Maybe some hard questions need to be asked regarding what India did in the past 70 years. Colonial history is an easy excuse to brandish. Does it truly help? I’m unconvinced.
anon291•7mo ago
Honest people know it's because India, while a liberal democracy, was actually more socialist and centrally planned than China, up until the 90s when the first free market reforms were made. This is almost two decades after China opening up.
Honestly people on the internet have warped views of both India and China.
As for what India did... This is an ancient society which still has customs and such dating back God knows how long. It is not easy to change. Simply existing as an independent nation after almost 1000 years of foreign rule is an achievement.
I've not been to India in almost a decade now, but when we visited regularly growing up, the amount of progress every trip was astonishing. I don't see how anyone can deny that
CrackerNews•7mo ago
I remember an article linked on this site praising India for not relying on electricity for industrial labor, but that is a sign of underdevelopment of infrastructure. Infrastructure is something that is usually invested in by the state.
Culture is a major reason, and cultural revolutions were a method to reorient the population to a new societal goal. An Indian mentality can be summed up as "doing the needful" without questioning what it is.
lenkite•7mo ago
India was heavily exploited by the British compared to China. Extraordinary raw transfer of minerals to the British - most geographical areas were fully exploited of gold, diamonds, coal, manganese, mica, etc. Mines were left utterly bereft - colonial Britain was world-leader in resource extraction. Enforced cash-crops agriculture -instead of local crops that could feed people, farmers were forced to plant indigo, cotton, opium, tea, etc. This resulted in several mass famines.
Independent India was left dead poor - extraordinarily more poor than China with no mineral wealth left to support industrialization.
China was only semi-colonized and retained nearly all its mineral wealth.
StopDisinfo910•7mo ago
There was no to little industrialisation of India. That’s very different. It didn’t escape you that the main reason India share of global GDP fell is the industrial revolution in the West leading to drastic production increase and not India producing less. The textile industry died because it failed to mechanise (and yes Britain had no interest in doing it).
The situation was similar in Singapore - a country with no natural resources- and China. Yet they somehow managed to become economic power in the 20th century.
I don’t doubt India is going to manage to succeed at some point. It currently is but systematically looking for excuses doesn’t help.
lenkite•7mo ago
Nobody is looking for excuses. I merely state basic facts - China and India had very different starting points. It is also well-known that China has far better mineral wealth than India due to both natural abundance and no colonial over-exploitation.
If you wish sources and references, I can provide them, but I believe you can do this research yourself - this is arguing basic historical facts which are easily found.
https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005616343
https://en.wikipedia.org/wiki/De-industrialisation_of_India
owebmaster•7mo ago
Have you seen how indians in general view British people and the UK?
I would not consider that a strong emotional reaction against what happened.
anon291•7mo ago
India's GDP Per capita numbers are highly thrown off by how cheap it is and how young it is.
That being said, Indian GDP PPP per capita is 12k, while Kenya is at 7.5k, so about 66% larger than Kenya
People like to mention GDP per capita with India as if it's some kind of flex. Indian GDP per capita by PPP is not the highest in the world, but fairly typical for a developing country and it has a high growth rate.
g8oz•7mo ago
Exactly, nothing special in other words. I would bet on Mexico, Columbia, Philippines and Vietnam before India. The government has no ideas except for a bit of autarky and whipping up anti-Muslim sentiment.
anon291•7mo ago
Regarding 'anti-muslim' sentiment... This is a tired trope. Muslims get special privileges in India that no other country gives them. Taking those away is not anti Muslim. I'm from a minority community in India myself (Christian). While it's not the greatest situation it's helluva lot better than other countries in the region.
Phillipines has similar issues with Islamic terrorism and takes similar stances to India but manages to fly under the rug somehow.