Comments by "Sankalp" (@sankalp6872) on "Old ‘normal’ in an aspect of India-China ties returns, trade booms, deficit reaches all-time high" video.

Which country has managed to rain down on imports from China? We need to be realistic here. We tried "liberating" farmers and the entire country was brought standstill. Can India compete with the Chinese economies of scale? Ford/GM left India because they simply don't know how to sell their products at Maruti-like prices. Can India provide manufacturing firms a direct railway line to ports like the Chinese? Nope. WE CANNOT. Also, those who think we are better off than China in the environment aspect- NEWS FLASH - 22/30 most polluted cities of the WORLD ARE FROM INDIA.
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@MrSpermstar 28.
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Imran Khan right now :- "Naa Khudahi mila na visal-e-sanam na idhar ke hue na udhar ke hue"
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Nitin Shekhar I am aware of DFCCIL and associated corridors. However, it is not complete yet. They say 2022 but let's see. It is important and a welcome initiative but it isn't like China's or Germany's. In these countries railway lines pass through factories. Companies ship merchandise directly from assembly line. The other important thing is that they have we'll integrated vertical integration unlike India. There is nothing wrong with our tech. Bharat forge, Asian paints, Jamna auto, Paras defence produce world class tech which is even shipped to China but our start up and MSME ecosystem still need a lot of work.
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@PK-tt5kk I know that Ford/GM was a failure of their own making and cannot really blamed on our policies. But it still left or is leaving more than 40,000 people unemployed. There is also the fact that they were banking on trade agreement between India and Europe so that they could use their Indian assembly lines for export which we failed to provide them. May be we couldn't have done much for them and also both companies are in a financial mess of their own. You are right that there are many opportunities and South East Asia particularly Vietnam is cashing out on the exodus from China. Indian policies have finally aligned to some extent with investor expectations but the progress is slow. Also, this Govt is not guaranteed to have a third term. My worry is the increasing socialist turn if the opposition. As to PLI scheme, it is not a long term solution but to be honest every country has done it. Even China has accused of manipulating it's currency to make its exports attractive. We cannot copy China but there are areas where we hold some comparative advantage. There are many reports that suggest the cost of labor in India is attractive as compared to China, Vietnam and even Bangladesh in certain sectors. But getting global giants to outsource manufacturing to India would take much more than labour costs. We'll have to offer them attractive tax deals and considerable policy certainty.
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