4.8 billion into chicken feathers?Modi didn't expect that the American media India would make a big fuss
In recent years, with the development of China"Chips"After the competition intensified, many multinational companies have begun to move to India, Vietnam and other Southeast Asian markets, such as Apple, Foxconn, Wistron and other companies have invested a lot of money to build factories in India, wanting to transfer production capacity from the mainland market to India!
For these tech giants, India not only has a cheap and sufficient labor market, but also a huge consumer market, and at the same time, India's subsidies to attract investment have made these people tempted to invest and build factories in IndiaBut as everyone knows, these may be India in advance"Dig wells"！"!
Although the Indian market is very attractive, how much money you make in the Indian market is not necessarily the final say of foreign companies, and even if you make money, you may not be able to take it away, such as my country's Xiaomi company is the best example;Xiaomi has been developing in India for nearly 10 years, not only bringing a large number of jobs to the local area, but also promoting the development of the Indian economy, but I didn't expect Xiaomi to be suddenly frozen by India 48 billion euros of funds!
You must know that the 4.8 billion funds are equivalent to Xiaomi's profits in India for so many years, but in the end, the bamboo basket was empty;In the face of India, this kind"Dishonesty"Now the country has announced that it will impose export restrictions on India in the fields of armored aircraft and photovoltaic equipmentAs a result, local losses could reach 300 billion eurosThis is also equivalent to 4.8 billion euros, which has become a chicken feather that Modi did not expect, and the US media said: India has made a big deal!
Over the years, India has been trying to attract foreign companies to invest in India in order to develop its manufacturing industry, but Modi seems to be in a bit of a hurry;There is only a little progress in the construction of factories in India by companies such as Xiaomi, Foxconn, and Apple, and India can't wait to think about it"country", until it is over, and India wants to confiscate Xiaomi's 4.8 billion assets, which not only damages Xiaomi's rights and interests, but also shakes the confidence of foreign companies to invest in the Indian market, and will eventually be replaced by chicken feathers!
If India's millet cannot be blended, there will be a series of chain reactions, which will also affect enterprises in the upstream and downstream industrial chain of millet;China's restrictions on the export of protective machinery and photovoltaic equipment will also have a great impact on India's processing industryIn this regard, the United States ** also said: India is making a big fuss!
Not only that, but what is even more unexpected is that Modi has been actively investing in building factories in India. Foxconn also officially announced that it will stop the joint venture chip factory project with India's Vedanta company and completely withdraw from the semiconductor chip factory in India, which also means that the local 100 billion chip project will be stillbornIt can be said that now India has really made a big deal!
In fact, over the years, there are not a few international technology companies that have been fined for no reason in India, such as Google, Amazon, Samsung and other companies have been fined huge amounts in India, which has also damaged India's business environment, so that many companies see the true face of India and dare not invest in the local area
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