Anonymous, 11 Apr 2018I dont think any goverment owns any brands, unless you talk about north korea that is... Of co... moreIt's an example you dense. Just like what does tata (what dafuq is tata?) have to do with smartphones?
Merwyn Fernandes, 11 Apr 2018Good Joke. Chinese Government Owns Most of their Brands and Companies or Aleast has share i... moreI'm talking about democracies, whats point of citing china and russia and uae with different model of working. You are giving example of crocodile as a walking fish dude. Public sector means government or state has stake in it. India has SBI and such banks, dont think they are technology companies. Besides I haven't heard of america owning apple like the guy i replied to thinks. I havent heard any public. Giving boost to local production is fine, but just a small example from me : to make a phone requires processor, resistors, PCB and Stuff, For that, there needs to be a foundry, which Even US has about 2 of those of commercial value which cant ek out millions of processors as per orders. It requires lot of investment to have those dude. And thats a single component. Scale it to hundreds of things and you'll get an idea of how difficult that is
Anonymous, 11 Apr 2018I dont think any goverment owns any brands, unless you talk about north korea that is... Of co... moreGood Joke.
Chinese Government Owns Most of their Brands and Companies or Aleast has share in them.
Russian government also owns many Companies.
Every country owns companies like Abu Dhabi owns Man City and Qatar Owns PSG.
Most public sector Companies and brands in every country are owned by their specific government.
Even companies that have chances of going bankrupt are supported by the government when they buy shares in them.
AnonD-456831, 10 Apr 2018Pretty sure it wasn't ours before and it was bought privately and not by the government, just ... moreI dont think any goverment owns any brands, unless you talk about north korea that is... Of course dude its owned by tata, an indian company. besides what does fila have to do with cars?
Xiaomi is currently the number smartphone player in India......????? Cannot put--- one bcoz king is already back.
Very smart business practice. Xiaomi is investing in the people of the region. Putting money back in the regional economy, building pride in the product there. And they're rewarded by the people reinvesting in the company.
Next thing we know they'll be exporting those goods globally.
Anonymous, 09 Apr 2018Pretty sure that my neighbours jaguar is Indian brand, so is Tata salt and most of necessary s... morePretty sure it wasn't ours before and it was bought privately and not by the government, just like FILA.
Merwyn Fernandes, 10 Apr 2018It was about creating our own brands dude were are you taking it. It was about about suppor... morewe are on same boat dude, I know importance of starting companies in India. But when best brains go away to pursue better prospects, whats the point of that? Besides, manufacturing at least is better than doing nothing. China started the same way, India can take cues from that
Anonymous, 10 Apr 2018The last statement is flat out lie by times of India dude. To work in NASA you require to be a... moreIt was about creating our own brands dude were are you taking it.
It was about about supporting our own economy and I do think we have the talent and potential to do that.
NASA may require Citizenship.
But Google , Microsoft and 100s of other companies were Indians are working are all immigrants they don't need to be citizens so we have our good share of brain that is behind innovations.
Anyways I don't need times of India to know about economics I am currently pursuing Masters in HR and LL so I have done a lot of case studies regarding this topic.
And your statement is the exact thing I was talking you are just trying to put down your own people.
Merwyn Fernandes, 10 Apr 2018Don't think the millions in salaries justify the billions in profits. We have a 37 billion ... moreThe last statement is flat out lie by times of India dude. To work in NASA you require to be a citizen of states. Besides NASA rarely releases it's employees country of origin. It did once and a figure of close to 3 percentage came out, even those were indian origin, not citizens. They're developing their economy more than ours
sr777, 10 Apr 2018Whose paying for the salaries? Are those workers working for free? If Xiaomi closes it's manuf... moreXiaomi has around 175 first party employees in India as first parties.
Through foxconn they employ around 10000 ppl the same no of people that Mc Donlads employs in India.
We have companies like Infosys , Wipro , Tata Sons , Hidden , Aditya Birla etc.
So if they close their doors we have plenty of our own Companies that will support them you don't need to worry about that.
No company invests in a foreign country without heavy profits so it's more for the company than the country.
sr777, 10 Apr 2018Whose paying for the salaries? Are those workers working for free? If Xiaomi closes it's manuf... moreDon't think the millions in salaries justify the billions in profits.
We have a 37 billion $ trade deficit with china the same money can be better used for developmental activities.
If you don't have a sense of economics don't write anything random.
I think we are capable enough of making our own brands and supporting them.
We have the highest no of people working in NASA , Google and Microsoft.
Don't think it's hard for us to create a brand ourselves.
sr777, 10 Apr 2018Whose paying for the salaries? Are those workers working for free? If Xiaomi closes it's manuf... moreWhy can't we make our own Companies rather than vouching and fighting in behalf of other countries.
One thing we don't have when compared to others is the sense of self belonging and supporting our own.
Rather we are fighting for someone else.
AnonD-731001, 09 Apr 2018So from now on, their quality control will reach all time low. Perks of making in India. India... moreI am not from India, but we import lot of stuff from both India and China. India doesn't produce very cheap quality products as some Chinese manufacturers. Indian products don't fall beyond a certain quality level they try to maintain a standard. But in case of Chinese products you can get it in all ranges of quality from the worst to the best. Most mobile phones sold here are created for Indian market, so Xiaomi, Nokia and some phones sold here are made in India.
Merwyn Fernandes, 09 Apr 2018It's not good for the economy as well bro we have a huge trade deficit with china.
No matte... moreWhose paying for the salaries? Are those workers working for free? If Xiaomi closes it's manufacturing are you going to give them jobs?
This is give and take policy both parties win.
stobs, 10 Apr 2018lacks common financial sense and thinks its an economistLOL.
Merwyn Fernandes, 09 Apr 2018Much easier to copy Apple when your phones are built in the same factory as Apple. Foxconn btw.dont poke your nose in xiaomi;s #
AnonD-731001, 09 Apr 2018So from now on, their quality control will reach all time low. Perks of making in India. India... moreFrom where did you get the idea that products manufactured in India are of low quality? You get what you pay for. Let it be China or India. Indian electronics is supposed to be of higher quality than of China from days of start of electronics itself. Where did you get a defective Indian electronics product. I'm really curious to know. We have been internationally using electronics manufactured in India worldwide over 10 years of history. Please educate me if my work experience is less than yours.