Just like the USA behaving and being seen as totally untrustworthy today by foes and allies alike, India has done more harm to itself with its behavior towards its neighbors than what its neighbors have been doing to it. Trust once destroyed can never be easy to be regained.
Had the USA not punished India with its 50% tariff hike, India would never have learned its lesson. Call it a blessing in disguise for India's neighbors. The irony is that India thinks too highly of itself, assuming that it is one country that investors cannot avoid investing in, just like the USA. India gloated about its 'factory of the world ambition' and its next superpower status. Its growing population was going to reap all the 'dividends' that comes with it. It was a wrong assumption that India had to pay a heavy price for.India's behavior of using retrospective tax and investment laws to punish investors that makes money in India is a lesson for would be investors to stay away, while those having already invested in India to have cold feet and second thoughts about further investments, like Apple and Foxconn.
Having said that, some countries still have great confidence in investing in India. You know who for example.
Anonymous
11 comments:
Despite its relations with the USA souring and Modi now turning towards Russia and China for support, India is still untrustworthy. Those that think India is now safe after tentatively ditching the USA are mistaken. I said tentatively because India is just a stray dog looking for a master it can temporarily rely upon. India's behavior is not the result of being influenced by the USA. It has a mindset of always thinking it is the future of the world, with the world totally resentful of its boastfulness and always building castles in the air when its capability is limited. India thinks the world needs India more than India needs them, so taking over foreign successful business is not going to matter. Chinese investment is one example that now finds its way into India's neighborhood but avoiding India altogether.
Seizing businesses when they become profitable in India is about the same modus operandi as taking over the top positions in big establishments in the West after they had been successfully groomed and steered by others who founded them. It is a faster way to make money of course, but now India is paying the price for its stunts that are now unravelling.
Suffice to say, India's IT services just catering to crunching information for Western entities is nearing the end of its tethers with AI doing it instead. The Western entities no longer go for India's IT personnel, knowing that Indian IT graduates have not the innovative spirit to handle cutting edge innovations. The facts speak for themselves - no Tik Tok, no Deepseek, no Ali Baba, no ByteDance, no Tencent, no Huawei, no BYD, no DJI, no space stations, no high-speed rails, just empty boasting.
India's superior IT is scamming and cheating!
Fu-s oops FOOLs and Imbeciles tied up with them thinking that they are trusts worthy
Stupidity really no cure!
India does not even feature in the Semicon industry. Its semicon industry is backward, just an assembly plant, buying parts to put together. Which nitwit will put money in Indian semicon industry? This is so frightening. Their cleanest water is from the Ganges.
The Indians must have conned some stupid Sinkies that they can be better than TSMC, and become the world's top semicon foundry. And Sinkies being so gullible, believed and rushed in to put their hardearned money into India.
India is shouting, place your bets, place your bets, $1 wins $1000.
The gamblers with OPM eyes brightened, all in with OPM and hoping to win big, and also lose big.
The empty head so called investors or gamblers with OPM in their hands would be the first to place their bets.
What's to do Sinkeland Leaders are all memerised by their fragrant Indian Curries and also Sinkeland Majority in Parliament as advisors.
Anyone seen the video of the Indian Cook with one foot in the curry pot stirring the curry.
Hope Mr Redbean could put this here.
Must be real delicious
https://vt.tiktok.com/ZSAeHDJLo/
Here's under TitTok
Enjoy the curry
Don't think every politician is smarter than you. Just look at the clowns in Washington. The big titles they wear do not say they are super talents.
India got Sindia Development Bank and Sindia International Airline and not to forget their people is running the little island in south east asia call Ingapore..
The Indians have taken over so many American and western companies. They are now in the process of taking over England and Canada.
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