India Launches $2 Billion Drive To Woo Laptop Makers Like Apple (bloomberg.com) 19
India is unveiling a 170 billion-rupee ($2.1 billion) financial incentive plan to draw makers of laptops, tablets and other hardware to the South Asian nation as companies look to diversify supply chains beyond China. From a report: Prime Minister Narendra Modi is capitalizing on the early success of Apple's local assembly operations -- which have helped the US company produce about 7% of its global iPhone output -- to pitch the country as a viable global manufacturing hub. New Delhi wants to bring more tech production to India after China's trade war with the US and its strict Covid policies prompted companies to weigh other options. Apple has yet to begin making iPads or MacBook laptops in India, but fresh incentives could push the Cupertino, California-based company to consider such moves. Other manufacturers who could take advantage of the new measures include Dell, HP and Asustek Computer.
Behind the curtain (Score:3)
I have to wonder how much in the way of raw materials, semiconductors, and maybe even sub-assemblies used for manufacturing these products in India will ultimately come from China anyway.
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You are starting up the ol' bullshit generator again with the "Military Industrial Complex" that lives inside your head.
China is a threat to the Pacific nations, that's why they are cozying up to the U.S. If you think turning the world over to Chinese influence will be good for America, you are in for a rude awakening.
Now if the former alleged president hadn't pissed off the Pacific nations by pulling out of signing the TPP (Trans Pacific Partnership) and the Democrats had actually supported it, the U.S. wo
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The only Pacific 'islands' involved in the TPP were Japan and Australia.
The TPP stalled for 10 years because it was mostly about everyone protecting the intellectual property of rich countries (and converting DMCA language, with its presumption of guilt, into an international treaty). When the USA abandoned the latest attempt to make everyone protect US corporations, the remaining countries removed the pro-corporatism language and ratified it as the CPTPP.
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Most would come from China I would guess. India has a fragmented and nascent manufacturing ecosystem. India's hope might be to bootstrap things and gradually move up in the value chain. The value proposition for Apple and friends might not be in the immediate future, but in the longer term, they might be able to diversify their supply chains.
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Most would come from China I would guess. India has a fragmented and nascent manufacturing ecosystem. India's hope might be to bootstrap things and gradually move up in the value chain. The value proposition for Apple and friends might not be in the immediate future, but in the longer term, they might be able to diversify their supply chains.
Along with these challenges for building up the necessary supply chains and support structures, another important question is how stable and reliable India will be in the future. There are several stability problems with China: political motivations that disfavor a company, laws that favor local companies at the expense of foreign companies, laws that require supporting Chinese political and military objectives, currency controls that prevent free movement of money, laws that intrude on Western notions of
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The biggest problem for India is Modi, he's incompetent. He'll gladly start a civil war by feeding the Hindu nationalists just to stay in power.
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I agree. The other party, which is named 'Congress', is equally incompetent. They focus their energies on massive corruption. Large scale public protests due to their unbridled corruption at an unimaginable scale, led to their downfall. In their 5 years of rule, they ran financial scams worth tens (may be a hundred) of billions of USD! They keep the people distracted with caste based polarization. Giving more and more dole outs, at the expense of fiscal prudence. All to come back to power and continue with
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I wouldn’t take a three year old Land Rover even if it was free. YouTubers who buy flood damaged Ferraris will tell you to stay away from a used Land Rover.
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They cheap. One American worker will pay for one Indian + all the H-B lobbying necessary to get him/her here, and that's only the first year. The dividends keep coming after that.
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And the ruling party in India is at the base of that corruption.
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Both the ruling party and the erstwhile party aptly named 'Congress', are in a corruption slugfest. The current party is in power partly due to the fact that the earlier one resorted to unhindered, never before like corruption at a massive scale in every sphere one can imagine. The now ruling party BPJ, seized the opportunity and promised to end corruption and came to power. The ruling Congress party was decimated to less than a 10th of the number of seats in their parliament (lower house). An unimaginable
2 Billion drive? (Score:2)
Is it a hard drive or an SSD?