Exports to USA – India $1 Per Capita – China $100
Advanced Technology Exports to USA – India $1 Per Capita – China $100
February17, 2013
Honorable Prime Minister
Dr. Manmohan Singh,
South Block,
New Delhi – 110011
Respected Sir,
India contributes just 1.6% to USA foreign trade in 2012 compared to 14% for China but imports by USA from China are $425bcompared to $40b for India.
India’s exports of Advanced Technology Products to USA are pathetic $1.5b just 0.4% whereas China contributions of ATP Exports to USA are $141b which is over 36% of $396b for the world ATP Exports to USA.
Contribution of Info-tech, Computers and Electronics in China’s ATP Exports to USA exceed $130b out of $141b total well over 90% of the world in this segment.
In Patent and IPR filings China is already number 1 whereas India has slipped to 22nd in latest WIPO rankings for Patents and grants to Indians in India are reduced to just 0.1% for the world.
Mushrooming Engineering and Management colleges and 0.6m Students enrolled last year in foreign universities contributes little to India’s R&D efforts, just supplying labor force to the foreign companies – Indian IT professions earn $6000 annually less than a tenth part of the earnings of their counterparts in USA, less than a third of average for labor wages there.
It is better to Shut Down CSIR and Public R&D Institutions Doing Bogus Research and let foreign Investors and R&D companies and Indian Inventors greater support and grant fast patents.
Amity University one of the biggest private university in the world is filing BOGUS Patents was disclosed last year.
Arindam Chaudhuri writing nonsense gets exposed was actually broadcasting Paid News running parallel budget proposals.
Thank you,
Ravinder Singh*,
Inventor & Consultant
INNOVATIVE TECHNONLOGIES AND PROJECTS
Y-77, Hauz Khas, NewDelhi-110016, India.
e.mail; progressindia008@yahoo.com,
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects.
Tables
US Foreign Trade top 15 countries for 2012 in $millions
| Rank | Country | Exports2012 | Imports2012 | Total Trade | Percent |
| — | Total, All Countries |
1,547.1
|
2,275.0
|
3,822.2
|
100.0%
|
| — | Total, Top 15 Countries |
1,049.0
|
1,703.0
|
2,752.0
|
72.0%
|
| 1 | Canada |
292.4
|
324.2
|
616.7
|
16.1%
|
| 2 | China |
110.6
|
425.6
|
536.2
|
14.0%
|
| 3 | Mexico |
216.3
|
277.7
|
494.0
|
12.9%
|
| 4 | Japan |
70.0
|
146.4
|
216.4
|
5.7%
|
| 5 | Germany |
48.8
|
108.5
|
157.3
|
4.1%
|
| 6 | United Kingdom |
54.8
|
54.9
|
109.8
|
2.9%
|
| 7 | Korea, South |
42.3
|
58.9
|
101.2
|
2.6%
|
| 8 | Brazil |
43.7
|
32.1
|
75.8
|
2.0%
|
| 9 | Saudi Arabia |
18.1
|
55.7
|
73.8
|
1.9%
|
| 10 | France |
30.8
|
41.6
|
72.4
|
1.9%
|
| 11 | Taiwan |
24.4
|
38.9
|
63.2
|
1.7%
|
| 12 | Netherlands |
40.7
|
22.3
|
63.0
|
1.6%
|
| 13 | India |
22.3
|
40.5
|
62.9
|
1.6%
|
| 14 | Venezuela |
17.6
|
38.7
|
56.4
|
1.5%
|
| 15 | Italy |
16.0
|
36.9
|
52.9
|
1.4%
|
US Trade in ATProducts With India and China 2012 in $thousands
| ATP |
India Imp
|
India Exp
|
China Imp
|
China Exp
|
World Exp
|
| (01) Biotech |
51
|
8
|
284
|
67
|
11,312
|
| (02) Life Science |
614
|
913
|
2,782
|
2,034
|
44,414
|
| (03) Opto-Electro |
111
|
16
|
328
|
7,026
|
26,385
|
| (04) Info & Com |
768
|
376
|
3,920
|
126,964
|
219,470
|
| (05) Electronics |
169
|
88
|
4,004
|
3,099
|
33,939
|
| (06) Flex. Manu. |
216
|
16
|
1,995
|
860
|
13,921
|
| (07) Adv. Mat |
10
|
16
|
294
|
211
|
2,121
|
| (08) Aerospace |
1,307
|
82
|
8,440
|
696
|
39,132
|
| (09) Weapons |
3
|
1
|
1
|
165
|
1,019
|
| (10) Nuclear |
6
|
6
|
109
|
85
|
4,271
|
| TOTAL For India |
3,255
|
1,521
|
22,157
|
141,207
|
395,984
|
US Trade in Advanced Technology Products With India and China 2003
| ATP |
India Imp
|
India Exp
|
China Imp
|
China Exp
|
| (01) Biotech |
4,872
|
1,021
|
15,050
|
17,457
|
| (02) Life Science |
164,508
|
159,087
|
654,121
|
481,310
|
| (03) Opto-Electro |
15,958
|
5,047
|
97,922
|
1,256,836
|
| (04) Info & Com |
649,782
|
42,878
|
1,921,339
|
26,149,055
|
| (05) Electronics |
81,818
|
15,030
|
2,552,922
|
917,362
|
| (06) Fle. Man. |
43,559
|
3,434
|
523,426
|
169,966
|
| (07) Ad. Mat |
8,075
|
3,194
|
39,501
|
74,059
|
| (08) Aerospace |
344,450
|
8,863
|
2,434,182
|
124,239
|
| (09) Weapons |
13,288
|
626
|
43,968
|
55,268
|
| (10) Nuclear |
2,076
|
13,796
|
7,699
|
99,676
|
| TOTAL For India |
1,328,387
|
252,978
|
8,290,129
|
29,345,228
|
Annexure –II
Arindam Chaudhuri’s Total Nonsense, RIL = NIKE < Ebay– Exclusive (C)
February16, 2013
Just one article of Arindam Choaudhuri (AC) tells us our Management Education particularly in the hands of Commercial Establishments is total sham.
It was atrocious of AC to compare Computer Software Microsoft company with Reliance – it is like comparing Horses with Dogs and Donkeys. Ambanis operate in 15-20 sectors in monopoly situation and had acquired natural resources cheaply.
RCOM share price in 2007 was Rs.800 at peak is now just Rs.70 and Market value less than $3b for 10 years old company, HUTCH alone sold its ownership to Vodafone for $12b when RCOM had much more Spectrum, CDMA, GSM, DTH, Broadband, Internet, WLL operations, VODAFONE is worth $128b, Facebook is worth $68b – Googles, Facebook, Twitter and many more came much later.
Where ever there is Knowledge Ambanis are no where.
RIL = NIKE $50b, Ebay – $73b
Even Nike is worth $50b matches RIL in market cap, I have always campaigned for R&D in every sector.
Going back in to history India was always very big in population 25% to 30% of the world but was repeatedly invaded by aliens considering they came from many thousands kilometers with few thousand army. India had all the water and natural resources to great power but we preferred not be great and let us be ruled by others.
I was not disturbed more than on reading Arindam Chaudhuri’s article comparing Ambani Brothers with Bill Gates. This illustrates his Students were getting ‘Gutter Management Education.’
He is so poor in analyzing the Company profile that he never seems to have read the annual report of ‘Microsoft.’
Typically ‘Microsoft’ annual report would point to 15% of revenue on R&D, 50% on salaries and 20% profits. There are no Tax Concessions and free land allocated to it. In addition to $73b revenue also secures some thousand patents and technologies and is directly competing with global giants.
‘Microsoft’ is a truly Global Company abiding by rules and regulations.
Typical Reliance profile is Zero R&D, 5% PAT, 1% salary, 70% expenditure on raw materials, small investor holdings of around 5%.
When Exports of Reliance Refinery was around Rs.20,000 crores in 2005– Mani Shankar Aiyer admitted Reliance Refinery received Rs.1650 crores or so as Central Subsidy. Reliance gets Center and State subsidies to install as well as operate plants and without subsidies would be in deep losses.
Ambanis is basically Indian Operations thriving only on GOI patronage that AC has taken as Ambanis biggest assets. He is politically powerful alright but this doesn’t help beyond Indian borders – 98% of global market is outside Indian boundary.
Just 3-4 Corporate together in Gujarat have grown 15 fold in value in 10 years and has more revenue than GDP of Gujarat. In next ten years they could exceed Rs.100,00,000 crores in revenue almost equal to India GDP.
What shall be the gain to 1.3b Indians in this in 2022.
Since AC first commented on Ambanis in 2007 – Facebook, Twitter, Google, Ebay, Apple, Samsung, HTC – and many more have joined the race in Social Media, today is well over $5 Trillion including associated hardware and software and advertising.
Even after spending $5b on Reliance Retail, may be more Reliance is nowhere in picture – Ebay is worth over $73b.
We are neither proud of Reliance nor Business Schools that mislead students.
Ambanis survive on Politics and Protectionism.
Ravinder Singh
Maulikbharat.org
COMPARED TO MUKESH AMBANI, EVEN A BILL GATES IS INSIGNIFICANT AND POWERLESS. AND NOW, THE COMING TOGETHER OF THE
AMBANI BROTHERS WILL ONLY MAKE THEM MORE POWERFUL!
AMBANI BROTHERS WILL ONLY MAKE THEM MORE POWERFUL!
I was in Cannes this year for the annual film festival! The day after the inaugural show, was a symposium on Indian films. While speaking at the symposium, I said that the West better take India very seriously as sooner or later, in any case, Indians or Chinese will be owning all the major Hollywood studios, since they are mostly bankrupt and on sale. At the end of my speech, most people who came up to me seemed disturbed by my statement! Many asked whether I really meant that statement!
Well, I surely meant that! One look at the global rich list today and you will see how it has been stormed by the Indians. The reasons, as I said in one of my previous editorials, is of course more to do with the way Indian governments have helped privatise national resources than encourage real brand building abilities – (‘Blood billionaires. Scam Billionaires. Indians storm into the Forbes billionaires list’; December 23, 2007).
The best proof of my statement is that when it comes to the world’s top hundred billionaires, we have a lot of Indians; but when it comes to the world’s top hundred brands, we don’t find a single brand developed by Indians. However, that, I believe, is going to change – at least partially. Tatas already own Jaguar and Land Rover. And they are seemingly turning the units around. So even if we didn’t create brands thanks to the Kalingas, Singurs and Poscos, our industrialists have been made billionaires by successive governments so that they can now buy up readymade brands and build upon them.
The point, however, that I want to make today is the significance of the coming together of the Ambani brothers in the midst of this situation. Those in the know of the Reliance empire would know that till Dhirubhai Ambani, the founder of the Reliance empire, was alive, one hardly saw much of Mukesh Ambani. While insiders say he used to do the work, it was left on Anil to be the public face; and it worked very well. From a Bollywood star wife to his flamboyance, he was perfect for media to thrive upon. In fact, in the public documents also, one will find notes by Dhirubhai which make it amply clear that he trusted Mukesh more when it came to business activities. Post his death however, the brothers parted ways.
And while Mukesh grew and had the right relations with the government as well, Anil went through a rough patch culminating into the latest courtroom drama on the supply of gas for his power projects and the eventual patch up between the brothers mediated by their mother! So what does this mean for India and the world? For starters, one thing is now almost certain that post the mutual cancellation of non-compete agreements, there would be no need for Mukesh to hunt for other ways to be in the telecom business – his long cherished dream. It’s widely speculated that whichever international player shows interest in Anil’s telecom business, it’s finally going to go to Mukesh. Same will be the case with the financial arm of ADAG. With that, it will be almost like old times. Mukesh will run the big businesses. Anil will own them along with him and would be left free again to concentrate on things he enjoyed – films for one are high on his agenda; one reason for Hollywood studios to beware! It also means that together now the brothers will be more valuable than ever before. Mukesh more so!
To understand the real value of Mukesh and the significance of my headline, here are some facts. The Mukesh Ambani group’s total turnover is $44.6 billion (Anil’s is another $14 billion). Mukesh is ranked just two ranks below Bill Gates in the Forbes billionaires’ list, at #4 with a personal net worth of $13.7 billion (Anil is at 36th). Compare it to Bill Gates’ Microsoft , which has total revenues of $58.5 billion. Gates himself has a net worth of $53 billion; and apparently Bill Gates still seems richer than Mukesh or so thinks Forbes. But what it forgets is that compared to the $14.4 trillion GDP of United States, Bill Gates is just a minor fraction. But the Ambanis put together, are a staggering 6% of India’s GDP of $1.09 trillion – Mukesh alone 4%! Add to that a few more facts.
For Bill Gates, everything is in white! And he is hardly wielding a fraction of political power. In India, Mukesh virtually runs the nation, owns virtually the entire media in reality and most politicians are only too pleased to work as per his will…
While Bill Gates is just a big businessman in USA, Mukesh Ambani virtually runs India – the nation which is going to dominate the world in the next quarter of a century. Those who think Mukesh is just the 4th richest man in the world don’t know the reality yet. And reality is only going to now grow bigger with the coming together of the brothers. Bill Gates and Warren Buffetts will soon become insignificant in this new world order – at least as far as wealth and power is concerned. And it’s time the world wakes up to this fact!
No comments:
Post a Comment