China's TCL Corp to build factories in India, Brazil

by confuzzled dude Mon Mar 16, 2015 8:25 am

BEIJING (Reuters) - China's TCL Corp, one of the world's biggest mobile handset and television manufacturers, is seeking to build factories in India and Brazil next year to overcome high import tariffs in these rapidly expanding consumer electronics markets.

"We hope to complete factory construction next year and have a better foundation for growth in the future in these two emerging markets," TCL Corp Chief Executive Li Dongsheng told Reuters in an interview last week.

He declined to say how much the factories would cost.

http://finance.yahoo.com/news/chinas-tcl-corp-build-factories-091813871.html;_ylt=A0LEVzBf2QZViBEACGZXNyoA;_ylu=X3oDMTByMjB0aG5zBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzYw--

by Vakavaka Pakapaka Mon Mar 16, 2015 9:06 am

Obviously, they will build assembly lines to circumvent import duties. Still, the move will create jobs. India should welcome it. Where - Chennai? Is CBN frantically offering Sricity/Tada/Sullurpeta or Kuppam (and Jagan scuttling the move)?

by confuzzled dude Mon Mar 16, 2015 10:04 am

Vakavaka Pakapaka wrote:Obviously, they will build assembly lines to circumvent import duties. Still, the move will create jobs. India should welcome it. Where - Chennai? Is CBN frantically offering Sricity/Tada/Sullurpeta or Kuppam (and Jagan scuttling the move)?

So China is countering Make in India plan already?

by Vakavaka Pakapaka Mon Mar 16, 2015 11:10 am

confuzzled dude wrote:
So China is countering Make in India plan already?

By doing this, China is actually supporting the "Make in India" plan.

by confuzzled dude Mon Mar 16, 2015 12:12 pm

Vakavaka Pakapaka wrote:
confuzzled dude wrote:
So China is countering Make in India plan already?

By doing this, China is actually supporting the "Make in India" plan.

So, assembling = Making (in India) ?

by Vakavaka Pakapaka Mon Mar 16, 2015 12:29 pm

confuzzled dude wrote:
Vakavaka Pakapaka wrote:
confuzzled dude wrote:
So China is countering Make in India plan already?

By doing this, China is actually supporting the "Make in India" plan.
So, assembling = Making (in India) ?

A lot of "manufacturing" in China is also assembling.

by confuzzled dude Mon Mar 16, 2015 2:34 pm

Vakavaka Pakapaka wrote:
confuzzled dude wrote:
Vakavaka Pakapaka wrote:
confuzzled dude wrote:
So China is countering Make in India plan already?

By doing this, China is actually supporting the "Make in India" plan.
So, assembling = Making (in India) ?
A lot of "manufacturing" in China is also assembling.

iphone is being assembled in China?
http://america.aljazeera.com/multimedia/2015/3/The-myth-of-modis-make-in-india-campaign.html

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