With Apple’s recent decision to produce iPhones in India, and with its rumoured plans in Vietnam seeing no news/mention at all, Vietnam may have to reconsider its business environment and incentives for investors in electronics manufacturing if it wants to compete with India. Apple’s strategic move is considered a big success of the government’s “Make in India” policy. Specifically, Apple is going to start assembling iPhones in India by the end of April. The company is going to cooperate with Wistron from Taiwan, instead of Foxconn. At the moment, Wistron already has a plant in Bangalore, the “capitol” of technology in the Karnataka state of India. Apple chose India in spite of new president Donald Trump’s threat against companies that bring jobs outside of the US. Last year, 2.5 million iPhones were sold in India, the highest ever in this country. The Indian market is expected to buy 750 million smartphones in 2020, and is one of the … [Read more...] about Vietnam should reconsider FDI attraction policy after ‘Made in India’ success?
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Bride Amrita Mannil, centre, enters the wedding hall with her mother Sheela Ramesh, first left, and her father Ramesh Babu during during her wedding ceremony in Kochi, Kerala. Photographer: Mahesh Shantaram As the sound of traditional drums, trumpets and cymbals ushers Amrita Mannil into the wedding hall, she's adorned by four finely crafted necklaces, rings, 16 bangles, a glistening belt, dangling chandelier earrings and a stone-encrusted head piece to match the silk borders of her dress. She's wearing about 800 grams (1.8 pounds) of gold. Amid the music and the chanted prayers, a gold chain is placed around her neck as the 25-year-old advertising executive marries Vimal Mohan in a traditional Hindu ceremony attended by 500 friends and relatives in Kozhikode, about 180 kilometers (112 miles) from the city of Kochi in Kerala. "Gold is an asset the girl carries," 28-year-old Namitha Shyam, the bride's older sister, said after last month's ceremony. "The values, status and wealth … [Read more...] about Gold-laden brides in India defying Singh as culture wins
Chinese Premier Li Keqiang arrived in India Sunday on the first stop of his maiden foreign trip, weeks after a border dispute was rekindled by alleged Chinese troop incursions in a disputed region. Chinese Premier Li Keqiang waves upon his arrival at the airport in New Delhi May 19, 2013. - REUTERS Li, in a statement quoted by his country's Xinhua news agency, said his choice of India as first destination "indicates the great importance Beijing attaches to its relations" with New Delhi. And Indian foreign ministry spokesman Syed Akbaruddin said exchanges were aimed at "enhancing trust" between the two countries, who fought a brief but a bloody war in 1962 over a border row. "The object of such visits and meetings is to enhance trust and understanding between our two governments and our peoples as well as to exhibit sensitivity to each other's concerns", he added. The Asian giants have held 15 rounds of high-level talks but the dispute in the Himalayan … [Read more...] about Chinese premier arrives in India for talks
Editor's note: There are rising rape cases in India including the gang-rape of a 23-year-old student whose death has triggered protests across the nation and more recently the rape of a Swiss woman. Kiran Johl, a Master's student in Social Work at California State University, Sacramento, told Tuoi Tre News via email that Indian men rape not for pleasure but for power. I am not a cultural or political expert by any means, but as an Indian woman and a future social worker, I have plenty to say about rape in any country. It is not surprising that women are raped frequently in India or that we hear little about it in the U.S. I think this represents two different phenomena: Sexual crimes and violence against women occur everywhere, and it has to do with gender inequality, and specifically about beliefs surrounding masculinity and femininity. Men (Indian or otherwise) are more often than not socialized to maintain control over themselves and their surroundings. Consider, then, the … [Read more...] about Rape in India has little to do with sex
Global auto makers which have rushed to set up factories in India to feed local demand admit they have been tripped up in the last 12 months by the country's unpredictable policy-making. After a stellar 2010-2011, when car sales grew 31 percent year-on-year, the industry has faced a staggering slowdown and radically different buying patterns - bad news for giant complex companies that plan years in advance. "To say we've been wrong-footed would be an understatement," the head of General Motor's India operations Karl Slym told AFP on the sidelines of the country's Auto Expo car show last week. Shinzo Nakanishi, chief executive of Maruti Suzuki, the Japanese-owned market leader in India, admitted that "many changes have surprised us during the last year". The first factor was the Indian central bank's decision to persist doggedly with an aggressive cycle of interest rate hikes to tame inflation. It raised the cost of borrowing on seven occasions in 2011. Many customers who … [Read more...] about Automakers stumble in India’s policy fog