ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ

Science | Philosophy | Politics | Dharma

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@alpha_defense Only problem is if it's not your concern now, but it will be in future as if govt successfully launched E20 then they will release E30 within 1-2 years. But if they get enough criticism for E20, they will think twice before launching E30

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@Coinvo There is only one country on earth which used nuclear on civilians.

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@HPhobiaWatch Will kaveri engine work on E20?

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@IndianOilcl Is there any data regarding how many of IOCL petrol pumps in india which have E20 compliant storage tanks?

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@NewsAlgebraIND If there is no difference in E20 cars and non E20 cars then why do you launch E20 cars? Why so much effort to make car E20 compatible if there is no difference between them

[Normal Guy @Normal_2610]

South Korea is the Most Cunning Partner India have :)

FDI Comparison if we do - Korea total investment in Vietnam is 13-14 times higher than in India. Vietnam economy is only 1/10th India's size.

Samsung alone exports $54 billion a year from Vietnam. India has huge market but gets less factories and jobs. Vietnam got the real manufacturing boom.

Even Recently Samsung going to build new factory there in Vietnam, in case of china we know the problem but in case of South Korea they do business under Radar, even this is bigger than i Imagine

How South Korea Used free trade deal with India is just a Case study - when yu read it in detail yu will get it.

Korea got a free trade deal (CEPA) in 2010. Under that deal, Korean goods entered India at zero or low duties.

Samsung, Hyundai, LG used this to sell massively into India - phones, cars, appliances.

India's imports from Korea went from $10B to $21B. India's exports to Korea actually fell - from $8B (FY22) to $5.8B (FY25). The trade deficit tripled from $5B to $15.2B.

But selling wasn't the only play. The real play was value extraction:

Hyundai - Paid itself a ₹10,782 crore special dividend (7.2x its normal payout), then did India largest IPO - 100% offer-for-sale. Every rupee of the $3.3B IPO went to the Korean parent.

Then raised royalty rates from 2.5% to 3.5% per car. Three moves, one after another, all designed to drain cash from the Indian subsidiary to Seoul.

LG - Same template. 100% offer-for-sale IPO, $1.4B to the Korean parent. The Indian subsidiary now trades at $12.5B market cap - higher than the Korean parent itself.

LG used Indian investors money to value an Indian business that it still controls and still pulls dividends from.

Samsung - Royalties paid to Korea jumped 50% to ₹3,322 crore in one year. After Korea changed its tax law in 2023 (no tax on foreign dividends coming home), Samsung pulled ₹22B worth of dividends from all overseas units in 9 months.

India was one of the biggest sources.

Combined - Hyundai + LG alone pulled $4.7B out of India in 12 months. All legal under CEPA. Best way to fuck RBI stricter Foreign Outflow

What Korea did in Vietnam (same period)

Korea put $92B of FDI into Vietnam. India got $6.7B. India economy is 10x Vietnam size. Samsung alone runs 6 plants in Vietnam, employs 100,000 people, exports $54B/year from there - that's 13% of Vietnam's entire exports.

Vietnam got factories + jobs + exports. India got imports + deficit + cash extraction.

Why Delhi stayed quiet for 15 years

Diplomatic politeness. Also, during 2010–2020, India negotiating leverage was weaker. India needed Korean investment, Korean tech, Korean defence platforms. So the imbalance was a known problem that time but that time of dealmaker didn't think of long term

MEA Secretary Kumaran publicly named the $15.2B deficit before President Lee landed. Commerce Minister Goyal called the 2010 CEPA irrational and lopsided. This was intentional signaling.

What India wants in CEPA 2.0 - Four things:

Services access - Indian IT exports to Korea are only $200M (vs $200B globally). India wants visa quotas for Indian engineers in Korean semiconductor/AI projects, and recognition of Indian professional qualifications.

Pharma access - Indian generic drug exports to Korea are just $167M. Korea has rules that kill generic price advantage. India wants those removed.

Forced local content - Like what Vietnam and Indonesia did. India wants 50% local value-addition by year 5, 70% by year 10. If you want to sell in India, build in India.

Reciprocal sourcing - For every $1B defence/steel/shipbuilding contract India gives Korea, Korea must buy equivalent value of Indian services, pharma, components.

Must read this Article:
https://t.co/ic1VSoP2fB

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

Why there is no option to send error report to X account? I'm trying to connect to X app support there is no option to connect to X team? My problem is not listed in Help center menu how can I report my problem? @X @XCorpIndia

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@SBICard_Connect Sent

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@Om_Codes_ I know a guy who is an engineer in a private company. But he is the son of some south Indian movie director. But he wanted to become an engineer. And actually his father has connections upto our gujarat's CM. Still he chose to be senior engineer in a private company.

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@Dgingsz That means geographically Europeans are asians

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@3rdEyeDude I think it will only work while the car is neutral

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@cromaretail @onsitegoindia it's more than 5 days and no one still came. It's more than a month from my first complain. How many days do you require? How many days do you count as 48 hours?

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

I've raised repair request on 15th July to @cromaretail they have visited but closed ticket without repairing anything. So I had to reopen ticket and since then no one came to service. It's been one month and still no action taken. Pathetic service experience

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

Issue not resolved still. It's more than 35 days @cromaretail

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@SandyofCthulhu I think all logo are created in a way that it can look good on their phone app icon

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@Akshat_World @shivenderkanwar Money means nothing if there are no people to fight govt for right things. There should be educated people in country who criticize govt for their bad dicision. There should be people who constantly tell govt to build roads, schools colleges etc. you can't do that if you leave

[Gems @gemsofbabus_]

These are the kind of questions asked in SSC now? 😭🤦‍♂️

[🧬Maxpein🧬 @maximumpain333]

🤔

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@elonmusk It's going to flatten on y axis

[ᴅɪᴘᴇɴ ʙᴀʙᴀʀɪᴀ @dsbabaria]

@IndianTechGuide So basically they can read our messages