And America with its filth and poverty is?Because India and all its poverty and filth is in a position to define what is cutting edge and what isn't.![]()
Trust me! Those days are coming up soon in US too.I wonder how the ministry of finance in India would take to the US government requiring that any company doing consumer business in the US be required to use a minimum of lets say 50% US based customer/technical/administrative support agents. Or would they rather the market economy be allowed to freely drive this business to their shores?
Manufacturing jobs are not the sine qua non of a strong economy. There is still lots of manufacturing going on in the U.S. but where it's not efficient to do so, yes, it's gone to places where it's less expensive to produce. Meanwhile, the service economy in the U.S. is as strong and growing as ever.
But again to my point, if India wants manufacturing jobs it should go out and compete for them just like other countries do, even individual U.S. states.
And yes, even with a smaller manufacturing base the U.S. remains one of the wealthiest by GDP nations on earth.
Of course it is wealthy.. But we also need to understand that India started off only 70 years ago as a completely impoverished nation and now it is already back in the game. To get to where USA is right now will surely take time. The policies that you talk about do work. But those are not the only policies that work. If India was not doing things right, especially in the last 25 years, it would not be where it is right now.
This must severely reduce foreign retail in India. For products in urgent need of purchase advice and customer service it's a death message.
Looks like you do not know who the current Prime Minister is.... better check news...Or just pay out the lobbies to kill the problem.
totally agree.. its not that India wants Apple.. its the other way around my friend.... Apple is already very late in this.. most of their competitors have Dev center there... it would be Apple loss....So? Cancel it... I don't think India cares about a R&D centre... The world is not around Apple, especially a declining Apple.
To get to where the US is would take a couple of World conflicts that India isn't involved in. The complete destruction of most of the world powers manufacturing, production, economy etc and at least a decade of being the only player in town.
It's not an easy thing to do.
You should also see where US is currently going... most people in US would agree that it is turning into 3rd world country... and with Trump in the sight... god bless America...Indeed...
No EU country produces anything other than "finance and banking" - seriously? BTW, while tiny Luxembourg doesn't have an Apple Store (neither does Brooklyn, and let me tell you, it's a lot bigger, population wise) Benelux as a whole has 4 (Benelux is what The Netherlands, Belgium and Luxembourg are called https://en.wikipedia.org/wiki/Benelux ).I didn't know Luxembourg had an Apple Store.
Also, being a massive tax haven I'm not surprised they're a little lax on rules.
One more point. It would be pretty much moot for these nations to insist on 30% of locally manufactured products. Why?
Because none of them produce anything other than finance and banking!
Thought I would take a break from filling out my tax return, playing the stock market and meeting with my banker to let you know that the EU does build things, cars, lots of cars, trains, factories, boats, buildings, roads, pens, those little cages that you put cheese in in order to temp a mouse.No EU country produces anything other than "finance and banking" - seriously? BTW, while tiny Luxembourg doesn't have an Apple Store (neither does Brooklyn, and let me tell you, it's a lot bigger, population wise) Benelux as a whole has 4 (Benelux is what The Netherlands, Belgium and Luxembourg are called https://en.wikipedia.org/wiki/Benelux ).
Of course it is wealthy.. But we also need to understand that India started off only 70 years ago as a completely impoverished nation and now it is already back in the game. To get to where USA is right now will surely take time. The policies that you talk about do work. But those are not the only policies that work. If India was not doing things right, especially in the last 25 years, it would not be where it is right now.
What, trillions of dollars in debt.. surely not an enviable place to be.To get to where USA is right now will surely take time..
but the ministry of finance has decided Apple's products do not fall into the cutting-edge technology category
if that isn't a slap in the face, I don't know what is
So? What does age have to do with anything? India has an atomic bomb. A lot counties it's age and older don't. That is to say if India has the intellectual and financial heft to get a nuke certainly it can raise itself out of its poverty w/ help of sound policy and help from organizations like IMF and World Bank. Yet it sets it self up as a protectionist nation with laws that don't really protect, but rather punish it's citizens.
Let's go back to age since you are hung up on that though. It's only been 20 some years since Latvia, Kazakhstan, Turkmenistan have gained independence. Yet they are are in the top 1/3 of wealthiest countries by GDP. The truth about India is that its former socialist ways are still pulling it behind.
But if you think India is doing things right then please let me know why it remains one of the poorest nations on earth, especially given the potential intellectual power it holds? It should be at least in the top half of wealthiest countries given its resources. Don't blame time on its predicament. It's the policies. It's the same sort of protectionist policies that Herbert Hoover advocated and led the U.S. into a decade long depression fixed only by a war economy.
What, trillions of dollars in debt.. surely not an enviable place to be.
No EU country produces anything other than "finance and banking" - seriously? BTW, while tiny Luxembourg doesn't have an Apple Store (neither does Brooklyn, and let me tell you, it's a lot bigger, population wise) Benelux as a whole has 4 (Benelux is what The Netherlands, Belgium and Luxembourg are called .
Oil reserves! India doesn't have any, the others do.So? What does age have to do with anything? India has an atomic bomb. A lot counties it's age and older don't. That is to say if India has the intellectual and financial heft to get a nuke certainly it can raise itself out of its poverty w/ help of sound policy and help from organizations like IMF and World Bank. Yet it sets it self up as a protectionist nation with laws that don't really protect, but rather punish it's citizens.
Let's go back to age since you are hung up on that though. It's only been 20 some years since Latvia, Kazakhstan, Turkmenistan have gained independence. Yet they are are in the top 1/3 of wealthiest countries by GDP. The truth about India is that its former socialist ways are still pulling it behind.
But if you think India is doing things right then please let me know why it remains one of the poorest nations on earth, especially given the potential intellectual power it holds? It should be at least in the top half of wealthiest countries given its resources. Don't blame time on its predicament. It's the policies. It's the same sort of protectionist policies that Herbert Hoover advocated and led the U.S. into a decade long depression fixed only by a war economy.
India probably wouldn't care that much. Why would they? Seriously, why would they? Those other companies however, yeah, they might take exception. Funny thing, you know one of the companies that would really take exception? Apple. Besides, the US government wouldn't do it anyway. That's not how our system works. There's works differently. Trying to make that type of comparison is futile.I wonder how the ministry of finance in India would take to the US government requiring that any company doing consumer business in the US be required to use a minimum of lets say 50% US based customer/technical/administrative support agents. Or would they rather the market economy be allowed to freely drive this business to their shores?
This must severely reduce foreign retail in India. For products in urgent need of purchase advice and customer service it's a death message.
Apple will have to meet the mark if they want to play.
They aren't denying them Apple products, they are denying the Apple store.
Not all the same issue. This is more like Apple demanding that you must sell 30% of your companies products through the Apple Store if you want to sell anything at all that way.This sounds REMARKABLY similar to how Apple demands 30% of your income if you want your app in their bright and shiny App Store.
But sure, everyone complain about it as if India invented something brand new out of thin air.
Didn't grease the right palms of their protectionist garbage government. Time to pull the maps data center and put it in more friendly territory.
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Governments can be fixed and this one should be, as it is broken.
Oh man, that'll teach 'em.Didn't grease the right palms of their protectionist garbage government. Time to pull the maps data center and put it in more friendly territory.
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Governments can be fixed and this one should be, as it is broken.
By the same token, maybe the American government should look after its people just like India does... and cancel all India work visas in the USA.Congratulations to India for looking out for their own people first. I bet that they don't have a 24 Trillion deficit like we do in the US. Trump will stop the US sucker insanity!