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- Jul 19, 2011
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Sure to collapse... Indians no hope for buying... look at their street foods...
Most foreign investors in India will eventually get fucked.The angmo will lose money definitely.
Most foreign investors in India will eventually get fucked.
Most foreign investors in India will eventually get fucked.
why do you say so? regulations or corruption or business culture?Most foreign investors in India will eventually get fucked.
All three will screw you. Plus the tax man.why do you say so? regulations or corruption or business culture?
hmm... was thinking of going in. So you advise against it?All three will screw you. Plus the tax man.
why do you say so? regulations or corruption or business culture?
don't listen to arm chair critics or LKY typos who went into suzhou thinking he had everything figured out ...rule number 1 know yourself and know your enemies, sun Tzu...hmm... was thinking of going in. So you advise against it?
temasek is not your average investor...Has TemaSICK made any money in India?
Sowell the economist will say to look at the data. Past history.and get the actual facts.hmm... was thinking of going in. So you advise against it?
many thanks for the summary. quite informative.don't listen to arm chair critics or LKY typos who went into suzhou thinking he had everything figured out ...rule number 1 know yourself and know your enemies, sun Tzu...
meaning you must know and feel the ground realities not sitting pretty in your office ...when I was in charge of a few hundred men and controlled matters from SG ,when a local called i knew exactly what he actually meant when he says certain things ...it's highly critical for decision making ..because I walked every inch of the ground and know the realities
and fortunes are made by daring to go where others feared .not foohardly I mean
myself traded pretty well with India and Indians and the golden ruled was to know 3 communities and their idiocraciez...Brahmins, if you want to deal with burecracy and red tapes ..Marawaris, they control almost all industries and Gujaratis ,traders but quite dicy ...my trick was befriend them before business and beleive me it worked not only in India but also elsewhere
but i am talking about many moons ago and things might have changed with the current Indian IT generation
now,the Ambain chap @syed putra talked about screwd his own lil brother both of whom split their fathers wealth equally...it shows how competitive and cut throat business in India can be ...it's very very very comparative to live as anybody in India, i reckon ...that is why CECA Indians can suvive in any climate anywhere...it's just like introducing snake head fishes in US ...in no time local species got wiped out against a fish that can walk in the land and survive without water for long
imagine doing business in India likewise ...Indian locals also face the same difficulties like foreigners do ...only the fittest survive .
yeah with those numbers, I'm more than happy. But there are a lot of intangibles that make or break that will never be captured by data. The human and cultural element is one big piece of info I'm missing. I'm going to make a trip there to find out for myself. but was wondering if it is even worth the trip or is a totally lost cause?Sowell the economist will say to look at the data. Past history.and get the actual facts.
yes trips are must but not a week long one just once ...you have to stay put for a month or several short trips before you can come to conclusion ...it's not only India but almost all othet third world countries too...each trip will unearth that contradicts the previous ...what is said can have several interpretations...provincial government and central government are usually not in the same pageyeah with those numbers, I'm more than happy. But there are a lot of intangibles that make or break that will never be captured by data. The human and cultural element is one big piece of info I'm missing. I'm going to make a trip there to find out for myself. but was wondering if it is even worth the trip or is a totally lost cause?
you are exactly right. Thank you for sharing your experience.yes trips are must but not a week long one just once ...you have to stay put for a month or several short trips before you can come to conclusion ...it's not only India but almost all othet third world countries too...each trip will unearth that contradicts the previous ...what is said can have several interpretations...provincial government and central government are usually not in the same page