View Full Version : "India is a wonderful opportunity for trade"

Onan the Clumsy
3rd Mar 2006, 12:31
...but what exactly are we supposed to trade? Our jobs? What do we get in return?

3rd Mar 2006, 13:05
Fewer imigrants from the sub continent, perhaps.

3rd Mar 2006, 13:55
Elephant dung.

You could make piles . . . .

If you think of the fortune Stanley made out of rat-shit screwdrivers . . . .

3rd Mar 2006, 15:38

thank you.

3rd Mar 2006, 15:59
I am going out there to open an English Restaurant and my cousin
is going to buy a corner shop.

Then once established I am going to send to England to bring all my
family over! :}

3rd Mar 2006, 16:21
:ooh: steady on lads! Has this thread got a purpose except anti-immigrant/racial stereotyping/India bashing?

Not Funny?

3rd Mar 2006, 16:32
Have heard that India is a sound environment for developing skills at negotiating on all levels.

What you want and what you get might fall short of some peeps expectations.

3rd Mar 2006, 16:40
What about China?

Onan the Clumsy
3rd Mar 2006, 16:53
Actually its purpose was anti-administration/political stereotyping/Bush bashing and it was designed to poke fun at the president of the United States for making this remark. Nothing really against the country as a whole, though I've never actually been there.

Still the question remains what manner of trade are we supposed to conduct with India? It would appear at least that their main industries are call centers and software development. The first I don't really care about because to be honest, I've had some pretty good results (though they do go on a bit). The second though is something that looms on the horizon of my profession. Funny how software development can be outsourced, but they never seem to outsource management or the executive levels :hmm: Whatever, it reduces the number of jobs available and depresses the salary levels of those that ARE available. Still, we can always re-educate ourselves for a 21st century job...like software development.

However, not that we really make (as in create) that much in the West any more, but if we did, how can you have trade between two quite different ecomomies? If the economy of one country is set up so that the average daily income will buy a cup of coffee in another country (no I really have no idea of actual numbers, and it was a glib remark, but you get the point) then each economy might be able to function on its own, but how do they trade when there is so much disparity?

Funny? well probably not, but still a valid question.

What ABOUT China? :confused:

West Coast
3rd Mar 2006, 17:01
"Funny? well probably not, but still a valid question"

No, not funny. Yes, a valid question.

After many years of placing political distance between each other, sometimes it takes big steps to close the gap. In the future, the political landscape will look different. Be nice to have the largest democracy in the world as a friend down the road.

3rd Mar 2006, 17:10
What ABOUT China? :confused:

Well China has a greater potential for development (larger population). I believe that once the 'Industrial Revolution' is started there, the impetus will grow very quickly, probably much faster than the Indian subcontinent.

West Coast
3rd Mar 2006, 17:16
The US has a better chance for influence in India however. That said China is not being neglected either, on many differing levels.

3rd Mar 2006, 17:26
YEARS ago, a delegation from GM visited parts of China that had never seen a non-asian. They followed them around in awe, until huge crowds had assembled. They were there to promote the idea of a car factory. Several sites were shown to them, all of which were truly green-field sites, with no industrial development for MILES. The intention was to mine the ore and coal locally (new developments) and produce vehicles from scratch. None of this importing stuff (even from the next 'canton' - ?). Dunno what they were going to do for rubber though.

Onan the Clumsy
3rd Mar 2006, 18:22
Dunno what they were going to do for rubber though.They were just going to bounce some ideas around.

3rd Mar 2006, 18:23
What about China?

Limited, I think. I do not see much opportunity for an English restaurant, but an English laundry should do well.

3rd Mar 2006, 18:49
Well in the case of India we'll get our convenience stores back.:p

As for China, humm, well, if they ever allow profit based oil and natural gas exploration and production they could become an exporter of said goods. There are major fields, that for the most part, remain undeveloped in China.

Just in case you don't know this, the biggest Kentucky Fried Chicken restaurant in the world is in Beijing.

3rd Mar 2006, 18:59
It may be a front or cover, though. Somewhere between Hong Kong and Guangdong I was interestedly taking a photograph of a western restaurant chain outlet, McDonald's I think, and a Man In Authority came zipping out and took great exception to my impertinence. So I inferred. I felt lucky to escape with my life and camera.

tony draper
3rd Mar 2006, 19:08
We have two choices with China we either befriend them, or nuke the shit outa them.

3rd Mar 2006, 19:27
Beware the smiling Dragon, Drapes, he smiles only for himself.

India is a democracy and speaks English. The middle classes in India with education and money to spend are 260-odd million, or if you prefer, America all over again.

The world she is an ever changing place. We white folks are not long for the top of the tree; someone else is going to supplant us. Take your pick.

3rd Mar 2006, 19:47

Humour and the ability to laugh at and with each other is the only way
humanity is going to survive.

I am sure most Indians are sophisticated enough to understand that
without your politically correct sensitivity rushing to their aid. :hmm:

tony draper
3rd Mar 2006, 19:48
One likes the Chinese, one also likes the Indians,they are not as cursed with religion as some of their neighbours, beware countries where gods name is invoked in every other sentence.

3rd Mar 2006, 20:01
sorry to jump in facefirst, twas just the first three posts - immigrants, shit and corner shops...

BTW americans, did you check out last years trade deficit :eek:
'sgot a lot of noughts in it innit

3rd Mar 2006, 20:26
The Indians are awful to do business with. I'm sorry, it's not a racist remark, it's just the culture there. They don't believe in contracts and and will smile at you totally ignoring the terms and conditions.

3rd Mar 2006, 20:31

I'm not too sure China is much better. China has improved somewhat, but....

3rd Mar 2006, 20:35
Oh the Chinese will lie right to your face con. at least you know where you stand!

The Indians become your best friend and laugh and smile and pledge this and that and then will stab you in the back! And boy, do they love bureaucracy!

3rd Mar 2006, 20:57
Too true OW, too true!:p

I still can't get over the fact that you still have to make position reports 80 miles out of Bombay (coming in from the east) on the HF radio when it is obvious that somebody's radar has been painting you all the way across India.

3rd Mar 2006, 21:03
And one could say exactly the same about the Americans...... Now the Brits, they love a contract, they will make you sign a contract to discuss a contract and it will be 30 pages long. The trick in the UK is finding the clause that will f**k you, for it will be in there, and it will let them steal everything you own. In the States, as long as everybody is making money nobody cares about the terms agreed over a handshake. If they are losing money, they will disown ever having met you.

Never done business with the Indians apart from haggling for bananas and the like. They are far better than that at me, and are apt to rip you off if they get the chance. So not unlike the Yanks and the Brits.

West Coast
3rd Mar 2006, 22:15
Tip for you, that's the nature of business.

4th Mar 2006, 00:45
Thanks for the warnings. I've just come back from my second visit to BLR where we've just started doing business. Quite a steep learning curve, but we've learnt a lot from dealing with the French :}
The Indians are probably having just as hard a time with us.
I got an interesting comment from an american engineer on the flight back. He reckoned because kids in India didn't grow up messing around with bikes or cars or building things from scrap wood etc., they grew up without a feel for the strength of materials. So they come out of education, start work and start designing products which simply fall apart. The example he gave was of railway point (US: switch) blades which were under-designed, They started to fail and the whole lot had to be ripped out and replaced.

Loose rivets
4th Mar 2006, 01:35
I've got a wife that was made in India, she's lasted well.:rolleyes:

Desert Whine
4th Mar 2006, 10:08
.....Still the question remains what manner of trade are we supposed to conduct with India? It would appear at least that their main industries are call centers and software development. .......how do they trade when there is so much disparity?Luv it when Onan tries to sound intelligent..... :ok:

4th Mar 2006, 10:29
The :mad: become your best friend and laugh and smile and pledge this and that and then will stab you in the back! Strange that, it's exactly how I've felt about the Spanish since 2002. :}

IMHO, our N. American cousins do stand to gain a lot from trade with the Indians. They have a proven track record, ever since they exchanged a few blankets for vast tracts of territory...?! Well, it's worth a shot ain't it?!

Oooops sorry, wrong Indians... ;)

4th Mar 2006, 11:18
One remembers taking time out of ones poorly chosen trade to spend 6 months in India with a backpack. Everything except bus/train tickets, and antidiarroea medicine was negotiable so one got to do plenty of trading with the locals.

One day I couldn't stomach anything except bananas, which were being sold by some enterprising gentleman at a table by the roadside. One learned to watch the action before leaping in to haggle, and the local price at the time was I believe two bananas for one rupee. I wasn't in a mood to haggle, so decided that I'd just throw some money away. Knowing full well that due to the colour of my skin (or money, I never worked out which) I would never get local price, I offered 5 rupees for 5 bananas, or one rupee each, twice what the locals were paying.

This merchant wouldn't take it, he wanted 2 rupees per banana, or four times local price. Being in a mood, I told him that it was take it or leave it, so he left it. He essentially lost a more than double profit opportunity for greed, and I didn't eat that day. Not sure who was the more stupid.

What really confused me when closing a deal was that they would shake their head when they were saying Yes. I suppose as there are more of them than us, it us who need to change our habits. A fascinating country which everybody should visit, one understands they now have smooth roads which are wide enough to fit two buses side by side, what I would have given for that back then.

4th Mar 2006, 11:43
Anbody can become a quasi-superpower, given enough time, sacrifice and bodies I suppose. But if Indians really are smart, how come they supposedly have far fewer tigers left in the wild than even they themselves thought they had? Or are the most recent reports of progress towards superpower status merely the effect of ignoring the majority of Indians (and India) who mainly just continue to subsist at best? Oh sorry, I'm so wrong: Mr. Mittal, an Indian steel-magnate spent 70 million on a London pied terre just last year...?! I wonder if he's got any tiger skins decorating the floors? :rolleyes:

However, one can appreciate the combination of US military technology combined with the 1 million+ Indian foot-soldiers in some future regional conflict... :8 :sad: