‘We’ll face an onslaught of Chinese goods’: Sridhar Vembu says India must build fast or be overrun
Fresh tariffs with Donald Trump and China, which are ready for flood football markets, cheap exports, the founder of the victim Srasan Wembu has issued a sharp warning.
Wembu sets a Seven-point in the Seven-item note in X. Trade based on food and energy self-confidence, its message is urgent. India must be determined not only to protect itself.
1. Food safety comes first
“Fortunately, India is self-sufficient in food, and we must protect our food security,” he said. But self-confidence is not enough. Because poor countries collide with stress growth, India, she claims to grow more to help those who slide food crises. “It simply came to our notice then.
He points to the diplomacy of the country’s vaccines during a saw as evidence of what kind of area can accomplish.
2. Reference energy and stable
“Energy is food,” said Wembu, emphasizing how modern agriculture depends on fertilizers and machinations obtained through fossil fuel. While India is currently benefiting from healthy oil ties, he requires long-term investments in stable farming.
This means R & D water management, cattle and plant ecosystems, electricity manufacturing machines and critical, private model farms and training centers.
3. Bracelet for china superheral shock
He warns that China is not involved in the trade aggression, but “despair against massive overwhelming.” The result. The global glow of all things EVS.
He offers one contradiction.
“Negotiations on Chinese imports in Rupees can be a good starting point … It can also push their companies to buy from us.”
More widespread, the redemption of external debts in Rupees can promote India’s export appeal. “The world is likely to be more receptive,” he added.
4. 3-5 years of sprint to build factories
“We need a 3-5 years sprint to build factories everywhere,” Wembu writes. The importers and distributors of foreign products should be pushed to produce the local place, the government’s incentives are sweetening the shift.
His proposal. Allow the full first year to write booklets for factories placed in backward neighborhoods, and drop 50% elsewhere to quickly follow investments.
5. Import capital goods rather than consumer goods
India must prioritize import machines and equipment that allow production, non-end user consumer goods. “And negotiations for those capital goods in Rupees,” increases its broader power for local currency levers.
6: Make a private R & D next revolution
India must raise its R & D-to-GDP ratio to 3% in the next 5-10 years, mainly due to the private sector. VEMBU offers “Such a CSR responsibility” to finance R & D along with the rapid post of Capital Costs with RD.
7. Share knowledge, don’t collect it
When India invests in innovation, it should grow older, it urges. “They don’t have huge human resources we do,” he wrote.
“When we start inventing, we need to divide rather than ash. It is the only way for a fairer and steady global order. It’s our accumulation as Bhara. “