Tag: india

Modi influence in the UK

it seems the balance of power is reversing, 68 years after independence.

Mr Cameron has plenty to gain as well. At the general election in May, for the first time the Tories polled 1m votes from among ethnic minorities, the overwhelming majority of whom were Asians. Among Hindus and Sikhs, the Tories even outpolled Labour. Putting in a Wembley appearance alongside the popular Mr Modi probably won’t do the prime minister’s own political ratings any harm either.

India Foxconn

Chinese mega-manufacturers set up factories in India

Foxconn is opening a $5b facility in Maharashtra; Huawei just got a green-light for a networking gear factory; Xiaomi already runs a phone assembly plant in Andhra Pradesh. There are enormous economic, political and military resentments between China and India — the world’s 2 most populous nations. India accuses China of secretly financing the Naxol “Maoist” guerrillas and the 2 countries have long-simmering border-disputes. More interesting is what this says about relative wages, labor availability and demographics in China and India. China’s manufacturing center have thrived on a seemingly bottomless pool of cheap workers, mostly women from the provinces, who travelled to the Pearl River Delta to work in the factories that supply the world with its manufactured goods.

The first market state

It was at this moment that the East India Company ceased to be a conventional corporation, trading and silks and spices, and became something much more unusual. Within a few years, 250 company clerks backed by the military force of 20K locally recruited Indian soldiers had become the effective rulers of Bengal. An international corporation was transforming itself into an aggressive colonial power.

India does software right, sometimes

federal IT projects can work remarkably well (if you’re india)

One of the most important positive developments of our time – both underpublicized and underappreciated — is our growing ability to send and receive money securely across space. It’s not just Paypal or Bitcoin in the West, as the truly significant gains from payment systems are coming in the developing world. In particular, the efforts of the Indian government to set up a biometrically-based payments system are improving the lives of many millions and may go down as one of the most impressive achievements of contemporary times.