Comments by "Rutvik" (@rutvikrs) on "As we debate u0026 fight cronyism,also see how Tata,Birla,Ambani,Adani have given India brandless growth" video.

  1. Sg is right about this though. They are not household brands in the global north.
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  2. This is a dated view. R&D does not lead to brands or products by themselves. You need industrial capacity and backward integration. Indians lack respect for "concept to product" because we overfocus on education, desk jobs and R&D. Simple example, assume a student at IIT comes up with a new type of LED, what happens next? Even if the govt backs the student with 500cr outlay, nothing. Why? The experienced people required to bring the conceptual product to life are not here. In this LED example, it requires a technical management team that can work on setting up the chemical process, a logistical team to source things economically and an industrialist with a pre-existing LED factory with a workforce of 500 engineers and 2-3k electricians specialising in things like soldering. We don't lack in R&D, what we don't have are the above 3k-5k trained non research staff who do the dirty menial work. We end up spending so much money and effort on them that things become economically unviable. It is simpler for the said student to move to the US where a university will link them to a VC firm who will set it up in the US or East Asia.
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  3. With all due respect, this feels like the opinion of someone who has not read industrial history. Japan, Korea, Taiwan and China built their brands through nationalistic jingoism, state diplomacy and state sanctioned monopolistic practices.
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  4. Sebi won't do anything to crash the market. It's not just Adani, every industrialist in the country including the Tatas have some amount of silent offshore shareholding in Maldives and Mauritius to prevent external shocks like the Asian crisis which sunk Malaysia, Indonesia and Thailand. Just read who bought the failed Adani FPO, it was all of the industrial families Tata, Birla, Mahindra, Ambani etc from their personal offices. Going after one will open up the field to prosecute others and will cause a massive crash in the market.
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  5. Lack of industrial base, logistics and trade volume. Brands come out of reputation built over time.
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  6.  @jkardez4794  I think you are the one who has not read the report. 1. Adani stock was not short sold. The debt was. The day Tatas, Ambani's or Mahindra's solicit debt for expansion, Hindenburg will strike again. 2. The Hindenburg charge wasn't mismanagement it was using the low float of Adani shares to acquire debt. 3. What makes you think that International short sellers haven't been looking at our country? I don't suffer from amnesia to think India suddenly has a problem starting 2014. There is a reason SEBI does not allow institutional shorting.
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  7. Could you name a product by TCS?
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  8. How can we grow without it? Every country that has grown post world war has had state collision with industrialists. Name the country and I will name the company.
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  9.  @ajaymuj  every major economy started with trade, formed logistics, made a globally competitive economic model, trained a varied workforce and then moved into R&D. We overinvest into R&D, the talent don't find an environment to actualize the concept into a product and are forced to move abroad. Even if the government provides a grant of ₹200-500 cr to a patent holder, the workforce they have to hire is mediocre simply because they lack experience in logistics, management, quality control, industry specific financing and technical skills. I don't understand how people still subscribe to this ancient view.
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  10. On one hand we want east Asian style growth and then we say stuff like this.
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  11. This comment shows how stupefied our educated masses are. Korea is Adani on steroids. The state overlends to its industrial elite, called the Chaebol. Samsung SK and LG succeeded and Daewoo failed. We are literally picking up the model from their economic success story.
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  12. What we need is trade volumes not patents. Patents are not businesses.
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  13.  @ajaymuj  I support all these ventures and will always vote BJP if that somehow matters. Your examples are not serving you. UPI: Nandan Nilekani came out of Infosys, with one IP that too not in the same league as SAP, finnacle. Most of their business is outsourcing. TVS and Bajaj: came out of outsourcing work for a British company for TVS in the 60's who's name I can't recall. Piaggio and Vespa for Bajaj. Vande Bharat: talent came from manufacturing for the European train chassis.
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  14.  @ajaymuj  they come at the cost of each other. PLI or R&D. We don't have enough money for both.
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  15. How does IT department figure into the picture? 🤔
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  16.  @jkardez4794  tell me a good reason Tatas and Mahindra's operate companies in Mauritius and Maldives in that case. I am not attributing any malice here. Just like FAANG and the majority of American companies are based out of tax havens to reduce tax, Indian companies do it to protect themselves against FII actions as demonstrated in the vicious hunting of SE Asian companies. I am no Adani stockholder myself and I think there should be further reduction in their valuation and they should get their comeuppance but to pretend this is a unique or new phenomenon is ridiculous suggestion.
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  17. RG forms the next government? 😂
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