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Dada
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Username: Dada

Post Number: 2885
Registered: 12-2006
Posted From: 125.16.128.122

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Posted on Wednesday, July 24, 2013 - 05:51 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Filmbuff:

Food items alone should cover this easily...




This provision of 30% local sourcing is for manufactured goods - which need to be sourced locally and can also include Infrastructure building activities.
If food is a manufactured commodity then it falls in this category, otherwise does not.

and no sane business man will import vegetables, rice wheat from abroad and sell in India - it is the other way round.

anyways - coming back to 30%, Walmart should not find it difficult to adhere to this law which has been framed in good spirit. Unless they have a strong case which the policy makers may have missed initially, this should not be allowed
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Reddit
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Post Number: 175
Registered: 05-2013
Posted From: 122.175.11.61

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Posted on Wednesday, July 24, 2013 - 04:56 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

anduke cheppa munde .. govt could have proceeded like this .. so that the sourcing be done from within India ..


Government will benefit and will have more monies to spend on meaningless welfare activities while the industry in India suffers.
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Tilak
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Username: Tilak

Post Number: 17658
Registered: 02-2012
Posted From: 14.99.44.121

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Posted on Wednesday, July 24, 2013 - 04:45 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Reddit:

Sourcing from small industries teyyamani valla okko demand not necessarily allow them to import.



Tilak:

All retail imports should be taxed, and then this local sourcing conditions can be lifted ..


anduke cheppa munde .. govt could have proceeded like this .. so that the sourcing be done from within India ..
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Reddit
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Post Number: 173
Registered: 05-2013
Posted From: 122.175.11.61

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Posted on Wednesday, July 24, 2013 - 04:42 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

i am sure you know anti-dumping protections around the world.



quote:

Several global retailers have raised their concerns over the sourcing restriction.


Not just global even Indian retailers have raised this concern. Sourcing from small industries teyyamani valla okko demand not necessarily allow them to import.
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Tilak
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Username: Tilak

Post Number: 17654
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Posted on Wednesday, July 24, 2013 - 04:36 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Reddit:


i am sure you know anti-dumping protections around the world.
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Reddit
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Post Number: 171
Registered: 05-2013
Posted From: 122.175.11.61

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Posted on Wednesday, July 24, 2013 - 04:33 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

as on date .. what is Walmart's volume of business in India? bare minimum. Let them operate in these conditions till they grow and by which time, may be, the restrictions will be lifted ..


Walmart or most MNCs invest in backend and then start operating. Orally they have conveyed this to the concerned minister so nothing wrong in that right?
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Tilak
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Username: Tilak

Post Number: 17652
Registered: 02-2012
Posted From: 1.22.196.243

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Posted on Wednesday, July 24, 2013 - 04:26 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Reddit:

Walmart requires large scale production so small industries supply cheyyali ante kastam??


as on date .. what is Walmart's volume of business in India? bare minimum. Let them operate in these conditions till they grow and by which time, may be, the restrictions will be lifted ..
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Reddit
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Post Number: 170
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Posted From: 122.175.11.61

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Posted on Wednesday, July 24, 2013 - 04:23 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

enti .. small industries products lo "quality" undada? really?


Walmart requires large scale production so small industries supply cheyyali ante kastam?? poni invest chesi improve chesthe they cease to be small scale so they have to go for multiple vendors. If they have one or two vendors then they can have better control on quality
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Tilak
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Username: Tilak

Post Number: 17651
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Posted on Wednesday, July 24, 2013 - 04:16 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Reddit:

30 % manufactured/processed products have to be sourced from Indian small industries which might not be possible because of quality


enti .. small industries products lo "quality" undada? really?
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Reddit
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Post Number: 168
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Posted on Wednesday, July 24, 2013 - 04:15 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Reddit:

Definition of SSI as per GOI :http://www.niir.org/information/content.phtml?content=2


http://dcmsme.gov.in/ssiindia/definition.htm
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Reddit
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Post Number: 167
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Posted on Wednesday, July 24, 2013 - 04:13 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


TSaint:

meet 30% Sourcing


30 % manufactured/processed products have to be sourced from Indian small industries which might not be possible because of quality/ issues


quote:

Definition of SSI as per GOI :http://www.niir.org/information/content.phtml?content=2




Devil is always in the details.
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Tilak
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Username: Tilak

Post Number: 17650
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Posted From: 1.22.196.243

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Posted on Wednesday, July 24, 2013 - 04:05 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Filmbuff:

I can understand companies like Ikea saying this because their wood and parts might not be available here, but there is no logic for Walmart. Food items alone should cover this easily...


All retail imports should be taxed, and then this local sourcing conditions can be lifted ..
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Filmbuff
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Username: Filmbuff

Post Number: 2095
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Posted on Wednesday, July 24, 2013 - 04:02 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I can understand companies like Ikea saying this because their wood and parts might not be available here, but there is no logic for Walmart. Food items alone should cover this easily...
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Tilak
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Username: Tilak

Post Number: 17648
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Posted on Wednesday, July 24, 2013 - 03:42 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

no worries .. let walmart hang in there ..
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Abhysg
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Post Number: 9980
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Posted on Tuesday, July 23, 2013 - 07:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

vongobetttali.. local products/market ni debba teesettu unte.. dobbeyy ani govt seppali..

ala sestadani mana govt meeda nammakam ledu...
no siggy
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Gotcha
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Username: Gotcha

Post Number: 11746
Registered: 02-2008
Posted From: 107.6.95.18

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Posted on Tuesday, July 23, 2013 - 07:06 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Food itself should cover 30% of their goods ani naa feeling, so ut should be easy
This real estate is for sale.
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Onlytruth
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Username: Onlytruth

Post Number: 122592
Registered: 01-2007
Posted From: 66.87.6.241

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Posted on Tuesday, July 23, 2013 - 07:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Govt bend avakunda unte better
WHILE POSTING "MY" OPINIONS ON MODI I neither REPRESENT TDP nor TDP FANS' VIEW.
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Jawmetri
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Username: Jawmetri

Post Number: 2471
Registered: 12-2009
Posted From: 71.204.164.76

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Posted on Tuesday, July 23, 2013 - 06:53 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gotcha:

dobbamanu, anni china nunchi techi dump chedamu ani plan aa. no way mana govt oppukokudadu deeniki.




their $hit is better than ours. and grass is greener on the other side. but still the government should no budge.
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Gotcha
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Username: Gotcha

Post Number: 11745
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Posted From: 8.19.193.14

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Posted on Tuesday, July 23, 2013 - 05:53 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

dobbamanu, anni china nunchi techi dump chedamu ani plan aa. no way mana govt oppukokudadu deeniki.
This real estate is for sale.
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Saint
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Username: Saint

Post Number: 18879
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Posted From: 12.22.163.132

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Posted on Tuesday, July 23, 2013 - 05:40 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.moneycontrol.com/news/business/cannot-meet-30-sou rcing-clause-walmart-to-indian-govt_923475.html#toptag

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