#SupplyChains #India needs to work indipendently with #USA and #China to separate the supply chains headed in the two directions and try to shift as much of them as possible to India
3/n #SupplyChains This is the final opportunity for making India a manufacturing hub, & bring manufacture jobs to India. It would be tragic if we miss this opportunity. I suggest that the new Govt appoint a #MOS(Supply Chains)in @PMOIndia to attract Global supply chains to India.
4/n #SupplyChains (1) Improve EODB on Cross Border Trade to top 50 rank (2) GST refund within 3 days for 90% of exports. (3) Replace Specific Tariffs by Ad valorem in Textiles. (4)De-control Agriculture, replace QRs by tariffs & export duty bands. ..5/n
5/n #SupplyChains (5)Reduce Capital(Tax rts, Fiscal-Monetary Twist), (6) Labor laws(4), flexibility, transportability, competition, (7) Land Use laws; Rural land, Chemical Ind CPU (8) Sector problem ID & soln (9) Road shows-USA, China, (10) MOS(#SuCh) (11)Suspend IT0 for 5-10yrs
7/n #SupplyChains: Great opportunity for India's Auto parts Industry, and selective opportunity in General Household goods and Sporting goods
12/n #SupplyChains Opportunity in Electronics (mobile phones, laptops, video games, LCD, CRTs, TVs, VCR, hard discs, ), Toys: bloomberg.com/news/articles/…
15/n #SupplyChains Could #India become a new hub for the Global Semi-conductor industry(#USA, #SKorea, #Taiwan) ? @PMOIndia
19/n #SupplyChains #USA #Innovative & #Bold action by @PMOIndia can move 15% to 30% of these to #India. Will we grab this once in generation opportunity for #MakeInIndia? on.ft.com/2HPCe5A
24/n #SupplyChains #Chinese Trans-shipment through #Vietnam, #Mexico & other cntrys is also to be expected in short term: asia.nikkei.com/Spotlight/Data…
28/n #SupplyChains Avg Export oriented #garment factory in #Bangladesh employs 10x to 50x the workers that the avg Indian #RMG #Indian producer does. Why? => Labor Flexibility, lower SocSec tax on producer: scmp.com/week-asia/econ…
29/n #SupplyChains #Taiwain is a key link in tech supply chains=> Replace Red Tape with Red carpet
34/n Some policy suggestions were made early in 👆🏽thread
35/n #SupplyChains #India has few of the limitations of #Vietnam (size of otential labor force-unskilled, Demi-skilled & skilled) and lacks a few of the advantages(eg inability to dispose of redundant workers) (cc @PiyushGoyal)
31/n Does the #SEZ act amendment 👇🏽represent the first step in incentivizing manufacturing #SupplyChains to move to India?
36/n Deterioration in Global manufacturing ( ) make it more urgent for #India to undertake reforms (4/n, 5/n) for attracting #FDI in #SupplyChains
37/n #SupplyChains Indian Govt must go out & grab these opportunities ( ) by setting up a specialized focused group to contact all such companies & work with them to clear road blocks to shifting production to India!
38/n #SupplyChains #India 🙏🏼 Grab this opportunity please @PiyushGoyal please 🙏🏼
40/n #SupplyChains #CommunistParty ruled #Vietnam is constructing 38 industrial estates, which will fill up with #FDI & thier suppliers in ~2 yrs, while #India remains mired in #BS (=#Bureaucratic #Socialism) 😢: bloomberg.com/news/articles/…
43/n 100 companies waiting for #Indian Industry, exporters & Govt to contact them (#MakeInIndia anyone? 🧐) and lay out the red carpet from China to India?
44/n #SupplyChains on move from #China to #Vietnam . Can we learn anything from it? asia.nikkei.com/Economy/Trade-…
46/n Summary detail from above article
47/n #SupplyChains #CEZ = #Coastal #Employment #Zones are a great idea. 3+2 such zones near #Ports are feasible, 3 almost done, 2 in process. But one could also convert 5 largest SEZ’s (out of 500) in the interior of cntry, near #Airports into #Special #Employment #Zones = #SEZs
50/n If #SupplyChain exit can destroy 1.9 mi jobs in #China ( ) it can also create 1.9 mi jobs in #India, given right labor & tax policies (eg in Coastal Employment Zones #CEZs & SEZs = Special Employment Zones )

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More from @dravirmani

22 Sep
So far so good, haven't seen any serious error/problem in what I've seen so far, but I need to look more carefully, before making a judgement. But clearly the reform process is now well under way 👍🏼👍🏼
3/labor Best change is reversal of #Indira #Gandhi's arbitrary decision during infamous #emergency, to lower limit for, retrenchment w/o bureaucratic permission, from 300 to 100. This will help restore the #Missing #Middle", as firms with <100 workers are free to expand to 300
Read 5 tweets
22 Sep
Individuals have rights & responsibilities for which they're accountable, not a group they r labeled with. If you give group rights, groups will also be held responsible for every member of group and if u hold group responsible for 1 individual's action they have group rights too
2/gr Sadly, our intellectual elite has failed to understand this for too long; If U keep creating group rights w/o responsibility & accountability, unfavored groups eventually revolt, followed by system collapse/anarchy. Equality of all humans/individuals is only sustainable sln
3/grp Individuals are good or bad, moral or immoral, responsible or irresponsible. The #communists invented class groups to promote hatred and strife, all decent humans should reject their hateful agenda & methods
Read 4 tweets
20 Sep
This is a #revolutionary #reform of the #agriculture #sector, which will help farmers and hurt middle men & their political partners who share in monopoly rents. I have observed hints of this rent seeking in decision process of the Committee of Secretaries on prices!
2/ru Don't let vested interests mislead u by red herring of Usery (which is banned since 1918). That's a separate issue which was addressed by bank nationalization, DFIs, setting up of NBFCs and the proliferation of micro finance institutions(MFIs bankbazaar.com/personal-loan/… )
Read 7 tweets
20 Sep
Disagree: It's failure wrt (1) wear masks in presence of others,(2) Hygene, (3) Physical Distancing (2m), (4) Ventillation (5) unfiltered AC air(6)Quarintene ensuring 1-5.
2/gpc #TTQ #Testing is useless if the "#quarantined" person infects every1 in his/her household or all non-COVID patients in clinic/ hospital. Testing is useless if a person has already infected 10 others & u can't #trace them! #TTQ is only as good as the weakest link in chain
3/gpc #TakeCare A V good friend just got #Covid from visiting a neighbor-hood Bank branch in which 5-6 employees were found to be infected (obviously he didn't know this when he went ). Follow five fold path in 🧵 & if you are over 62 avoid meeting any stranger.
Read 4 tweets
20 Sep
Starting with the rise & fall of USSR #CCP has studied everything related to rise & fall of great powers , to ensure "rise & rise" of China. ("History doesn't repeat itself but it rhymes")
2/ccp But no history book suggests 👇, nor does it rhyme with history of European powers 🧐
3/ccp For those of us threatened by aggression (India, Taiwan, Japan, Vietnam) its not a Geoeconomic game, its about war and peace, of choice between blood & sweat (Defence budgets) and appeasement
Read 7 tweets
18 Sep
India set up a govt education & health system, from the village up, starting from the 1950s. Why is it that the leftists & socialists who dominated the public discourse, & whose advocacy for poor was no 1 priority on every issue, never bothered about quality for 1st 50yrs?
2/soc Many of us on the economic right have been analysing & writing about quality of the govt education & health system for couple of decades. We found that the poor quality, was due to the administrative inefficiency and systemic corruption of the entire social welfare system.
3/soc One of the conclusions I came to was that the only way to ensure quality in a democracy of 1.4bi was digital connectivity of villages/habitation & e-education, e-medicine, e-transfers (DBT, DCT). refrn planningcommission.nic.in/reports/wrkpap… and google.com/url?q=http%3A%…
Read 4 tweets

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