Comments by "红火树 RedFireTree" (@firetree2007) on "Gravitas: Why did the Foxconn-Vedanta deal turn sour?" video.

  1. from this we know so called chip hub in India will never happen.
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  2. 1. if you make money in India you can only spend it in India trying to get money out then you will get huge fine 2. if you set up company in India, you hire all Indians as your managers in all levels, including including CEO, CFO, COO, 3. you need to buy all the raw materials from India you need for your production, in summary, to invest and set up factories in India not because you want to make money in India, it is due to you unlimited love to India to Indian people and you ate too much with too much money just do not know where to spend it.
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  3. In order to repay the debt, Vedanta has restarted the process to sell its Tamil Nadu copper plant for Rs 4,500 crore. Vedanta has to pay $2.2 billion debt out of $4.2 billion in FY24
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  4. if you have your patented products use in India, Indians just use it for themselves, they do not pay any attention to your patent, like they will grow and sell your patented potato for themselves to make money, if you sue them, the India court will tell you, your patent is not protected in India, since potato seeds is natural products. well, it is the same fate for drugs, since drugs for saving lives, not for making money, but they make the patented drug just for making money for themselves.
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  5. They did not get what Indian government promised subsidies for new chip making company which is total amount of $10 billion and from this report we know it is also the huge debt from the partner of the Indian company
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  6. unless your head filled full of water, do not invest in India, you will not get your money back.
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