UK Joint ventures in India....on the up.

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The UK since independence has invested in strategic projects in India, including the defense sector. Though initially the Soviet Union played a more significant role, followed by Japan, Germany, and the UK.

Infrastructure is LEDC poor in India , and is the reason why China enjoys higher economic growth, whilst India performs at mediocrity at around 6% GDP growth with forecasts of 5.5% for 2013-2014 financial year.(only 40% of the roads in India are covered by Asphalt and concrete).

The Indian ruling class are aliens, educated in Western countries (or colonial Anglophile institutions) working for the CIA, and therefore follow Neo-liberal policies of government cutbacks, austerity for the poor, privatization of everything and the affirmation of TNC/MNE's to the forefront of economic activity to solve the nations problems.

Due to this Western Neo-liberalism philosophy, people living in poverty in real terms have jumped in India since 1991; there are now 70 billionaires in India, and simultaneously and tragically 850 million people living on just $2 a day at the same time....a Feudal society, deeply connected to London and New York where celebrity families like the Bachchan's and all the rest take their highly publicized holidays...to affirm the symbolic economic connection.....not Beijing, Moscow, Tehran, Seoul or Tokyo.

The Macauley Brown Sahibs cannot see that China is successful in spite of NOT following the Neo-liberal model of development. That Neo liberalism in its pure form applied to Russia in 1991, and Argentina has been a total disaster.

The Tata's, Ambanis and all the rest of the private sector are not going to be able to meet ALL the BASIC needs of the ordinary Indians in the country, with the best will in the world. This can only be done by the government investing heavily in INFRASTRUCTURE AND INDUSTRY.....investment that is not inflationary, but does create millions of jobs for the restless educated youth (whether joint government/private sector ventures or direct government investments as in China or government/foreign government investment like the one below)

In this friendly environment between the two countries Indian companies have brought flagship British companies such as Jaguar and Landrover. The PPP GDP of India stands at $5 trillion, and the UK's at $2.3 trillion. The Scope for Indian economic growth is far greater, and in this case ironically the Jewish run, finance orientated Rothschild dominated government is going to help India in a strategic project that in REAL terms by 2030 will generate $100 billion worth of business for the GDP of India, and further linked investment and business for British companies. 

Whilst the UK is in recession....double dip, triple dip call it what you like due to the greed, fraud and miscalculation of the Jewish bankers in "The City"; mistakes and scams for which the poor, the elderly and the middle class must pay to compensate the Jewish bankers...whilst the British government applies Jewish Neo-liberal policies to the failed British economy, creating an artificial recession.






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India considers partnering UK to build 1000km Mumbai-Bangalore corridor

Kounteya Sinha, TNN 

India is "actively considering" UK's offer of partnership to build the mega 1000-km corridor between Mumbai and Bangalore.

A joint statement issued here after British Chancellor of the Exchequer George Osborne met Indian finance minister P Chidambaram for the sixth round of their annual economic and financial dialogue said India may also co-finance a feasibility study.

According to forecasts, 5.8% of India's population growth would be in the corridor, contributing 11.8% of the country's gross domestic product growth by 2020.

By 2030, if realized, the project could generate close to half a million jobs, while indirect jobs could bring the total in the region to two million.

The idea was first pitched by Cameron during his recent India visit earlier this year. "With me I've got architects, planners and finance experts who can help India develop new cities and districts along the 1,000-km corridor that would link the financial capital of Mumbai with the IT hub of Bangalore," Cameron said.

In the Bangalore-Mumbai corridor, the industrial areas that would be covered include Vasanth Narasapura (Tumkur), Bharamasagara (Chitradurga), Shimoga, Savanur (Hubli), Haveri, Kushtagi-Gadag, Yelburga (Gadag), Belur (Dharwad), Hukeri (Belgaum), Navanagara (Bagalkot). Tumkur is where a national investment and manufacturing zone (NIMZ) has been planned.

NIMZ would be integrated industrial township spread over 5,000 hectres.

The idea to set up the corridor also got official endorsement in Chidambaram's recent budget speech.

Recently in another strong pitch to India, minister of state at the foreign and commonwealth office ( FCO) Hugo Swire told the TOI that "the concept has been given birth to and is presently in its infancy" with both parents - India and UK "keen to see it have a good life."

Calling it a misnomer to call it a corridor that will generate investment projects worth up to $25 billion, Swire told TOI "Other corridors have been built in India by Japan. We are in dialogue on how to get UK to help India build the Mumbai Bangalore corridor. The fate of the corridor will be on whether states want it.

Swire, who was part of Cameron's largest ever contingent to India earlier this year said "it is a misnomer to call it a corridor. It is actually an entire belt that will have hospitals, schools, shops, malls, accomodation, business sites and energy requirements. UK companies can do a great job in creating this infrastructure."

Britain is the largest European investor in India, and more than half of Indian businesses in Europe are located in Britain. Trade between India and UK is set to double to around Rs 1.67 trillion by 2015. Cameron's office said officials on both sides have been working on the Mumbai-Bangalore project since last year and had produced an initial assessment of its scale and potential. The British government would be willing to co-fund a feasibility study, on a match funding basis, with the Indian government costing up to £1 million.