Bart S wrote:
Nobody does that. They didn't go to China to 'build the Chinese tech industry', they did so because China delivered on the infrastructure, logistics and labour laws and they saw the opportunity to make money from it. We are building infrastructure at least, albeit much slower than the Chinese pace, but on labour reform it has been a big zero from all govts including current central and state ones so far. Don't expect large scale manufacturing to come here without that. India did have an advantage with electronics R&D and NPI type operations at least, but the Chinese have taken that over starting from low-end assembly and moved far ahead.
It is not always our fault. There are enough states with good infrastructure and relaxed labour laws. If labor and infra were that bad, companies like Samsung would not be setting up shop.
South Korean companies seem to be more forth coming. SK even let K9 manufacturing to L&T for pity order of 100. Compared to that we invited Japan for P75I, the declined participate. On the other hand they have been very eager to manufacture the same sub in Australia, along with tech transfer
Given that Japan wants us to counter balance China in Asia and our drawback being technology, I would expect a push from the Japanese government to encourage Japanese companies to move some of the production from China and building up of Indian production and R&D tech. Nothing of that sort is happening. As seen in the Bullet train deal, if the Japanese gov really wants, it can make things happen.
I have come to a understanding that Japanese see us a competitor in Asia over the long term and have learnt from Chinese experience. Since we are in good terms with the West and in 10 years will have similar GDP economy, Japan would not like to set up another competitor, specially in the "friendly camp".
China is the adversary for Japan & US. India is not, in the same camp and have many advantages, which might bring down Japan's value in the group.
We should form a more strategic relationship with SK, if Japan is not planning to have a forth coming attitude.