India: the new China

[mullokintyre]

India's stock market might be running out of steam.
Has the gloss worn off?

Mick

 

[Dona Ferentes]

is this the de facto India thread ?

here's a bit of hype , ...

Many people still don't grasp just how quickly India is moving.
The new Delhi-Mumbai Industrial Corridor (DMIC) will be completed in the next few years. The $100 billion project started in 2007 and has seen significant Japanese investment since the start. Stretching approximately 1,500 kilometers between the capital city Delhi (metro pop. of 34M) and India's financial capital Mumbai (metro pop. of 21M, this initiative will enhance connectivity and stimulate economic growth by developing smart cities, industrial parks along a new Delhi–Mumbai Expressway and the new Western Dedicated Freight Corridor (railway).
The 1350 km 8-lane wide (expandable to 12-lane) expressway connecting the two mega-cities will be completed next year and will reduce the travel time from 24h to 11h.
The 1500 km Western Dedicated Freight Corridor (WDFC) will also be completed in 2025. The high-speed line will support freight trains reaching 1,500 m (4,900 ft) length pulled by electric locomotives running at speeds greater than 100 km/h (62 mph).The tracks will be entirely grade-separated and have a generous loading gauge of 3,660 mm width and 7,100 mm maximum height allowing for double-stacked shipping containers to be transported on flatcars. This allows for single trains to have a 400+-container capacity.
The corridor will reduce the travel time for containers from 50 hr, by the existing freight train, to 17 hr while significantly increasing the transport capacity on the route as well as decreasing transport costs.

The DMIC megaproject also incorporates 9 Mega Industrial zones of about 200-250 sq. km, 3 ports, 6 airports and a 4000 MW power plant.

India is rapidly outpacing China in both demographic and economic growth.The 21st century won't be the Chinese century. It will be the Indian century.

 

[sptrawler]

undoubtedly

but if not India , where do you go for economic growth/development ?

while i am looking to increase my exposure to India , i am not neglecting Vietnam ( China's Mexico ) and Indonesia and am slowly relaxing my extreme biases against Africa and PNG

Pakistan looks like it may descend into another civil unrest

but India may decide to forge closer ties to Sri Lanka and Bangladesh ( i think that would be a good thing medium term )

none of these 'growth stories ' look to be easy sailing , but then you may have better entry opportunities because of those setbacks

I've ridden motorbikes all my life and an Indian sourced bike was never on my list, however as this was going to be my last motorbike I didn't want to spend a stupid amount of money so bought a Royal Enfield Interceptor 650.

The improvement in manufacturing is just amazing, anyone that thinks India can't compete with the first world or China, is dreaming.

No doubt increasing scale will be an issue, but with the China risk, India will definitely get more business IMO.

Royal Enfield's 650s Were the Best-Selling Bikes In Europe Last Month - webBikeWorld

Royal Enfield Has Some Real Winners The INT650 and the Continental GT from Royal Enfield are lovely machines. Jim and I reviewed the INT650 last year. It’s a nice motorcycle at a very reasonable price and has a good warranty. I’d buy one if I were looking for a middleweight retro motorcycle, and...

www.webbikeworld.com

Hayabusa To Super Meteor: Top 10 Most-Selling Premium Bikes In India

India's bike market is fueled by a rising demand for high-performance and premium motorcycles. Here are the top 10 best-selling premium bikes dominating the Indian roads:

www.timesnownews.com

 

[divs4ever]

The improvement in manufacturing is just amazing, anyone that thinks India can't compete with the first world or China, is dreaming.

i think the wake-up call there was a few years back when they ( some of the public ) realized an Indian assembled BMW has a substantial numbers of extra hours dedicated to quality control , one might have thought BMW would have found it cost-effective to have to Indian assembly plants at least equal ( or more modern ) to their European counterparts .

so not a quantum leap for a manufacturer proud of their reputation , to make/assemble quality products in India , however one might ask whether logistics in still a bottle neck ( as it seems to be in Vietnam )

 

[qldfrog]

i think the wake-up call there was a few years back when they ( some of the public ) realized an Indian assembled BMW has a substantial numbers of extra hours dedicated to quality control , one might have thought BMW would have found it cost-effective to have to Indian assembly plants at least equal ( or more modern ) to their European counterparts .

so not a quantum leap for a manufacturer proud of their reputation , to make/assemble quality products in India , however one might ask whether logistics in still a bottle neck ( as it seems to be in Vietnam )

They are working on it, but power shortage, blocked roads and railways, and the class system.
It will be different.
If you have a factory in india, how long for the outputs and inputs to reach your site/,be delivered.
It may come but you need at least 2 decades probably not in my lifetime.
But for cheap tees shoes etc
India is competition for Vietnam, not so sure China for a while..
And the bureaucracy...