8/08/2023

India not ready for industrialisation

 Infrastructures are very important in any industrial manufacturing countries.

The Main Hub of Logistics Supply Chains of Coordination of Air and Sea and also Inland connecting routes are of paramount importance.

NOT just by producing the commodities.

Next, the work attitudes and industry and hardworkers are also one of the pillars of productions.

India, with their NOT so well develop infrastructures and not do diligent workers are at a losing end for productivity.

Even their conventional rail lines are faulted with many man made fatal accidents.

Next, comes the worse of all pitfalls.

Their non binding turn about agreements and contracts that kept revising and changing to their advantage.

Without all these main criteria for industrial productions, investors would consider any Real Long Term Value added Heavy capitals investments.

Enough of these will spook the investors as took some time with all these capital outlays to make even and profits.

Virgo

7 comments:

  1. India can have wet dreams that only soil its sheets with urea wastes. It's not a hard fact, only a soft one.

    ReplyDelete
  2. Aiya by that time China would have Trillions of Trillions, any word for Empatillions? In Reserves lah.

    POP also less. Less Headaches to take care of their liviehoods and diverse some dissent and adverse opinions that could caused chaos.

    Time for them to follow the damn lazy Whites to go Globe trottings and come to Sinkieland to see their Merlion and Jungles by the Bay.

    Throw some scraps for beggars who still had to depend on Servile Industries of tourisms and Yes Sirs Yes Sirs bowings.

    Just have their Empatillions like Tummby Sick and punt and lend as loansharks for their Never ending blood sucking monies for their POP lah.

    Many daft countries still have the sweat shop synonym that must have a Big POP for their econmy to prosper

    Nowadays, High Tech Industries just needed minimum beans to have the maximum products.

    Big POP, must always cracked heads to have them gainfully employed full time and also substance resources to keep them alive.

    Why have big POP and kena POOP when the country is in chaos with recessions and depressions and pandemic?

    Just see the next few months, riorts and chaos would be in the UAssA and the EURO NUTS.

    Without more many robbing others food and resources and with gas and warm with raising inflations, they be set to kill one another for survivals.

    The WHITES in the UAssA and the Euro Nuts would start killing the Blacks and others

    Blaming them for their miseries.

    The Blacks in Amerika would now retaliated fiercely as their African Bros are now assertive.

    Just watch and see my phoesphy.

    Cheers

    ReplyDelete
  3. Just to add:

    China just needed to have their Military Brigades and also their Construction BRIGADES of Infrastructures and High Speed MRT Construction BRIGADES will do.

    Balance POP just havd their usual industries of high TECH humming.

    Their Construction Brigades for the next fifty to one hundred years will never be lay off in all other developing continent's.

    Africa will keep them busy.

    Also have those low value industries to these poor countries. Earned External Revenues. They be most grateful to have their POP employed.

    Then as World's Reserve Currency have their Great Wall Street sucked the blood of all other countries just like the Damn Whites had been extorting.

    Cheers

    ReplyDelete
  4. India Furious With Rating Firms Giving It Insulting BBB-minus Rating at Bottom of Investment Grade

    An Indian official has once again expressed outrage over poor Indian investment grading by the Fitch, S&P and Moody's sovereign global rating agencies.

    Sanjeev Sanyal, Member of the EAC to the Prime Minister pleaded that India should be rated at least one or two grades higher than what it is at present by global rating agencies.

    India just about makes it past the investment grade in the ratings of the agencies, which is "utterly absurd", PTI quoted Sanyal as saying on Monday.

    "In terms of sovereign ratings, if India was fairly rated, it should be at least one, if not two grades higher. There is no reason for India to be at the bottom of the investment grade," Sanyal said of his own country.

    Fitch has retained its sovereign rating for India at the lowest investment grade of 'BBB-' for more than 16 years now. In June 2022, Fitch revised up its outlook for India's long-term foreign currency issuer default rating (IDR) to 'stable,' from 'negative,' after a gap of two years.

    S&P and Moody's have also maintained such ratings for India at the same level - 'BBB-' and 'BAA3', respectively - with a 'stable' outlook.

    Sanyal said frameworks of the rating agencies should be questioned, and India should realise that those can be replaced with "ease". But the rating agencies had stood their ground.

    Indian officials have often spoken out against the rating rationale of agencies based out of the West and have regularly held meetings with said firms in a futile bid to push for an upgrade. Earlier this year, senior officials led by chief economic advisor V Anantha Nageswaran reportedly held a meeting with Fitch executives.

    In their latest assessments, global rating agencies have acknowledged India's robust growth outlook compared to peers and still-resilient external finances. However, they have also flagged "weak public finances," reflected in high deficits and debt relative to peers.

    ReplyDelete
  5. When we talk about the pros and cons of population increase or decrease, we should also take into account robotics taking over most of the jobs in factories nowadays. They need fewer people, which mitigates the effect of the falling population mantra. AI is going to play an even bigger role in how things are going to run in the future.

    Basically it is not the Chinese being largely accused of stealing jobs from USA workers. It is automation that is doing that. Automation is now changing the manufacturing landscape that we tend to forget its effect, and instead hype up on population growth or shrinkage as the most important factor. Of course we need skilled workers to run and service those automated factories, and education is therefore an important criteria to progress.

    Even farming is not spared from fewer human hands, with massive areas all run and managed by machines, unlike the old days of families relying on having more children to help with planting and harvesting of the spoils. Or take the case of the eggs production industry, now almost totally dependent on automation, from providing feeds and water, collecting eggs, and cleaning the roost. The number of workers are minimal, with machines taking over.

    There is a funny joke telling people that so and so, in this and that country, do not have to work anymore. Forgot the details, but with robotics and automation doing everything, work will become an alien activity or just a wet dream in some deranged people's mind.

    ReplyDelete
  6. Rating agencies should give India the No. 1 investment rating to pacify them. After all, India is the world's biggest country now in terms of population, and is a self declared superpower and investment destination.

    Yes do question the framework of the ratings, but do not question the reality of the investment atmosphere or the treatment of investors in India. That is an internal matter, and they will tell everyone to back off criticising India.

    Pushing for an upgrade or making the effort to improve to entail an upgrade are two totally different thing.

    Denial is a very destructive habit to adopt. But let investors decide.

    ReplyDelete
  7. Between China and the US, who has bigger population problems?

    Chinese families normally have one child, now changing to two child. Many American families have no child.

    Chinese industries are going high tech, using mammoth machinery and robotics and depending on highly skilled and trained workers. China does not have drug problems or drug addicts as dead woods in its population. Many of the elderlies would eventually pass on. Chinese welfare schemes to take care of the elderlies are first class. Many could retire and enjoy their golden years.

    Compare to the failed American systems, what is there to bitch about? Homelessness, drug addicts, LGBTQ, maimed veterans from meaningless wars....

    ReplyDelete