December25, 2014 (C) Ravinder Singh ravinderinvent@gmail.com
India has followed penny wise pound foolish policies in matters of
foreign trade all through. India’s export to USA are basic low tech
material and in this India has $17b advantage in $40b to $22b split.
Even this paltry $40b which is $32 per capita exports, is low grade &
low value added products like foods & garments when India is
malnourished.
Defending Corrupted Patent Office is most Injurious to India alone –
manufacturing plants which normally ought to have come up in India
went to Taiwan, Hong Kong, Singapore, Korea, Thailand, Malaysia,
Indonesia and China.
Going through the USITC related documents it was revealed US Imports
of Energy is $200b almost same as India but US economy size is $15t to
India’s $1.8t. This indicates INEFFICIENCY of Indian economy.
In just 5-6 years China has become World Leader in IPR – Following
graphics are two years old – India is NOWHERE in IPR too can
Collaborate with USA & EU, Japan and have $1000b Manufacturing and
$1000b worth IPR by 2019 or in five years.
When over $200b worth of homes are UNSOLD – why can’t India OPEN
FOREIGN investments in Homes, Industry, Office, Business & Trade.
Companies in India can adopt New Technologies within months.
Manufacturing just to serve Indian alone by 2019 is $1000b –
Computers, Phones, Cars, Appliances, Transportation, Defense,
Railways, Power, Energy Efficiency etc. Food Process alone is $1000b
Opportunity.
India can attract $400b to $500b FDI in Critical Areas in 5 Years
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
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