Impact on geopolitics, geo-economics & India’s political economy with mega Tata order for Air India
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- Опубліковано 26 сер 2024
- #CutTheClutter #AirIndia
This week, Air India made a record order for 470 aircraft from Airbus and Boeing. CAPA - Centre estimates Indian carriers will buy roughly 2000 aircrafts in the next two years. ThePrint Editor-in-Chief Shekhar Gupta explores the impact of Tata-owned Air India’s deal on geopolitics, geo-economics and India’s political economy, in episode 1175 of ‘Cut the Clutter’.
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Search on UA-cam . ' The Geopolitics of World War 3 . '
Dirty Hindus worry too much about geopolitics. They are incapable of manufacturing anything that is competitive globally. U Gobar bhakts are in no position to talk from a high position.
Even your movie industry is a joke cringy joke in the west. You make no electronics or machinery. The religious fanaticism and Hindu supremacy falls on deaf ears.
Most of you unicorns are only compatible with the Indian market. Your little software start ups are poor imitations of already existing services.
Typical all video dont start or end without taking adanis name or issue 🙄 bored
This shows when government gets out of business, focuses on policies and governance and lets private sector run businesses, it can prove to be beneficial for everyone.
True
What about railways ?
Hey sanghi, civil aviation is fully owned by government in China but Chinese airlines are world class and extremely profitable
this shows that if there was biz projection to justify 500 planes' order, the govts were utterly useless for decades after grabbing the airline from tatas, just like they did in so many other industries - banks, etc. if govts cant run psus properly, generate jobs and profits for social welfare, they cant do policies properly either. now the policy is to sell off all public assets and squeeze our b****s for their expenses.
What about Singapore PSUs?
One thing I like about Guptaji is, he uses Hindu cultural references, while explaining things, in his programs. Very few English journalists do that. This is very heartwarming. And he does it in very relevant contexts. And he remains principally centrist. We need more people like you sir.
Thank you for the kind words...best wishes, Shekhar
You are easily the most respected journalist of India. I live in France and always recommend your videos to friends interested in India and its current affairs
Merci et bonne continuation !
Praful Patel and his mentor Sharad pawar destroyed Air India systematically in the 10 years under the Maun mohan singh UPA govt, giving all the profitable routes and timings to private players, made themselves rich with their loot, beyond imaginable means. Time to put them behind bars for looting thousands of crores of tax payers money.
Correct!! Supreme colonial court which doesn't even wish to speak our native languages can't be expected to do a suo motto in these cases *OR* for atrocities against Hindus in pseudo secular Halal government like in west Bengal or Kerala!! That privilege is reserved for Tukde Tukde gang & terrorists!!
Two things that gov should keep one hand distance
1. Bussiness
2. Religion
Very true plz suggest these tjings to Rahul Gandji, Communist n Regionl parties they trives on it.
@@naveenpdpuNarendra Modi and Amit Shah is master of how to use religion in politics
@@pinkman4946 In politics anything can be used as weapon to remain in power. What you should really be looking into is, progress, development, and vision. I guess, this govt is still better than Congress. It's not like, we have all this problems just now right, we been having communal, religious, and other social problems since and before the independence. I just can't imagine India's fate if Cong govts would have been in power from the start of Pandamic to current geopolicits. All our neighbours are falling, except us. The imagination is really scary.
@@pinkman4946 religion is everyday reality in india. what you mean to say was, the HINDU cannot play by religion, whereas the MUSLIM can. SHAME on the hindu who tries to be proud of being a hindu, no? BUT osama bin laden, cult hero?
@@pinkman4946 Congress was doing religion and caste based politics even before Modi and Shah were born😂
The market trend can turn around very quickly. In fact the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
There are plenty more fascinating stocks in a variety of industries that you might follow. You don't have to act on every forecast, therefore I recommend working with a financial advisor who can advise you on the optimum times to buy and sell the stocks or ETFs you want to buy.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Who is directing you? I've really been researching advisers recently because the market news I've been reading hasn't been very positive.
Viviana Marisa Coelho is the financial advisor that helps me. She has a large following and is easily found online. She has extensive understanding of the financial markets.
I value your advice and scheduled a call with Viviana to discuss my financial objectives since I need all the support I can get.Given her credentials, she appears to be a professional.
Tata is so hopeful in making this big shift.
It will be great for India if they are successful.
They can provide stability in the Aviation Industry.
treat it like a private company...not "Indian" company....if you want to have stake, buy their shares...let them operate and buy things from where it makes sense...we can't also force them to use local products for their airlines....let the companies be capitalistic companies....immediately people are so running to apply nationalistic color to this shit ass news...let them be private and let them operate like private...no Indian companies are able to compete in world stage with all this sugar coating and soothing...all we end up getting is bloated conglomerate like Adani and Ambani...with this local people is at loss!
Aviation industry operates on very very heavy debt, even the most successful ones. A risky business for sure, happy if they can pull it off.
@@silaakkidumma Arrey yaar. Don't be so cynical. Yes they are private and don't add them with Politics.
But they are Indian Brands. If they are good, it enhances Indian soft power.
I don't know what it does at government level but in common people's perception it enhances the India image.
Everything is driven by perception in this world.
@@silaakkidumma lets say tomorrow if some Pakistani companies buy few Big American companies.
You don't think the image of Pakistan will improve?
All these are perceptions. Tata is not going to give money to you or me.
@@BharatThatIsIndia Atleast they are not like the Adanis who siphon off sovereign wealth for their own benefit with the help of their stooge .
The Airbus A 350 is an excellent and economical aircraft. A fleet of 40 will help open more destinations to Europe and SE Asia. The 777s will do Ultra Long Haul to USA cities and New Zealand.
A350 is also used as long haul flight if I am not wrong
We want them to on our domestic flights. We only get those super cramped aircrafts for domestics
😭
And if i may add, reduce the clout of middle East based carriers
One of the Indians cities, possibly a central Indian city like Varanasi or some metropolitan should emerge as an Asian/global hub for civil aviation!!
@@brs802 Yes. Its all about optimum aircraft utilization. It is quite possible that a morning 7 Am DEL-BOM run will be on an A 350-100 with 4 hrs, block time. Jet airways did it with their A 330s and Air India has used B 787s in the past on domestic routes.
The privatisation of Air India is now paying off
They invested 10 times the price they paid.
@@idzkk SO??!!
Good example where government is out of business and business is turning around. Good CTC by Guptaji as always.
After Land Rover and Jaguar, Tata is giving us another chance to show the Indian Business Acumen and power
We should congratulate Tata and must feel proud as Indian on Legitimate Indian Business Success.
you are thinking too much about india's brand. so long indians are poor, international brands dont translate for indians.
@@yongchen8204Why are you worried about India brother? You take care of your country matter and let us tk of ours…
@@yongchen8204 you 'poor' soul
@@yongchen8204 how the fuck chinese can comment
@@yongchen8204 don't need chinese opinion on our country
OK on engines. GE makes engines for 787 and B 777 X. International Engine Alliance is a JV between Pratt & Whitney and GE. They made the old Airbus 320 VR 2500 series engines and now make the PW 1000 G. CFM is an alliance between GE and Safran of france. They make the CFM 56 engine which powers A 320 as well as Boeing 737 right from 737-300 days in 1986. Rolls Royce manufactures engines for A 350 but they can also be powered by GE Trent. And the new technology is blade fan jet engine the CFM Rise which will be launched in 2029 and save some 12 % fuel from present CFM 56 variants.
Minor error: Trent is a Rolls engine not GE!
Rolls Royce will also launch the new UltraFan engine...
Early generation engines consumed to much energy, had low to medium bypass ratio, had significant noise production. Now, the next generation series rectifies those earlier problems... With the CFM LEAP 1A and PW 1000G are powering the experimental long haul narrow body A321LR/XLR series. The A330NEO rectifies the problem of engines. The new RR Trent7000 engines is a high bypass one, and provide long haul capability.
No manufacturing in India
@@profprasadpotluri4168 Yes, An error.
Great analysis, Im glad Air India is finally showing up to competition from the middle eastern airlines.
I live in Dallas, TX and would someday want to fly non-stop to India.
However is it not a shameful thing that the world's most populous country cant build its own planes for civilian and defence purposes. We should be selling planes to others, and not buying from others. We should be inovators and entrepreneurs such that others buy from us.
@@MrTechGeek we can start with foreign engines and built rest. Still these planes run on inventory management. With thousands of parts from 20 to 40 countries
It's not an easy task as you think,only few countries in the world is capable of building passenger planes. Even china did it only couple of years back
Less hyperbole and more reality. India started its new journey at the bottom of the pile in 1947, being the second most populous and unfortunately suffered the Nehru Khandaan with its devastating brand of socialism for the first 50 years. It is only for the past 30 years that the country began to spread its wings, and learnt to fly.
I want to ask Mr Shekhar one question - was there any gov in India ( Centre or State) that had not crackdown on media.
British government
@@au29did litreally shoot people
All this blah blah going around bbc raids by Congress they at first need to look back as they were the 1st government to ban bbc for 2 years for anti india narrative.
I don't understand why we should tolerate all the nonsense and propaganda, especially when it's presented under the guise of freedom of speech and press freedom.
Nobody is concerned about the quality of journalism or the accuracy of the information being presented.
Bass press freedom press freedom karte raho, chant this like a mantra. Kuch bhi likhlo, kuch bhi bolo ye hai press freedom.
Are journalists above the law, are they infallible angels. It seems if we get journalist label, we can do anything, it's more powerful weapon than diplomatic immunity.
@@Agnosticcc-x3m Because it is true.
"may be the past leaders were not as extroverted as this one" cracked me up😂😂
Never saw SG so happy in cut the clutter. He is a big fan of privatisation 🎉🎉
I think you are new to ctc.
Not loving privatization is cringe. Don't want India to like kerela
@@neogenesis_indica You are using a capitalist smartphone on a capitalist UA-cam.. Socialism kills competition .
Great CTC Shekhar. This is a clear testimony to the benefits of disinvestment. Hopefully this spurs new vigour in the government to pursue more disinvestment. The GoI should get rid of all the flab and focus on creating a business-friendly regulatory environment. We need a Chanakyan State instead of an Ashokan one.
The last line hit the nail. This is exactly what is required. Thanks for this insightful comment, which makes more sense in a nutshell than many of the analysts' analysis.
Signing trade deals and reducing tariffs would be a good idea. There's opportunity with the UK-India government deal, hopefully both sides see it through.
If you are going to go in for disinvestment and then handover all your best assets to your cronies what is the benefit? We can see the mess which is going on presently where one private conglomerate has crashed miserably and wiped off huge valuations and tarnished the country's reputation. Where is the so called advantage of privatisation?
Thank you for watching...best wishes, Shekhar
@@jkardez4794 wait for 6 months... Adani shares will bounce back.
One more important point is that post pandemic the West is facing recession and that's why they're celebrating since this deal will start revival in Europe, UK, and USA.
Dear Mr.Shekhar Gupta: Good Morning. You have an inimitable style of delivering a news. I greatly appreciate it and salute you.
The way India is growing there will be a reverse brain drain in a decade ....people will start returning to India... The start-ups are coming up every month...Its a huge market/population....loads of opportunities to explore...
Let the people who move do so .. why have the ego to hold on to everybody ?
I don't understand concept of brain drain. Million people are nothing to India. Even if we count them as loss are remaining billion brainless?
go to Canada or the US. You don't see too many Indians returning to India from those countries.
@@theawesomeman9821 there are lots of Chinese in North America region but China still thrived in last 2 decades
@@ArunAndrewVargheseprivate exactly! To each his/her own!
This morning, SG has leaned to centre-right. Mostly he is centre-left. LOL
He has always been fiscal centre right and social centre left.
Hopefully the TATAs will be able to turnaround AI and regain its lost glory of being among the top 10 airlines back when Sir JRD had built it.
Good episode. Since Indigo could absorb 300 Airbus and be profitable there is no reason why Air India will not make a success of it. A win win situation for all parties involved in the deal. The only imponderable to my mind is if the global situation takes a sharp downturn as the Ukraine war enters a critical phase and air travel is affected. Of course all that would have been factored in
Sense and Sensibility. TATA Air India today has a pool of pilots that can fly a fleet of 50 A320 series Aircraft. A 320 Neo and A321 Neo and XLR. These are to be utilized for a 11 % per annum growing domestic and sub continental market. Cost of operations will be 2 % lower in fuel savings with both IEA PW 100 G and new CFM engines. Air India also has a team of trained pilots to operate 50 Boeing 737 Max low cost domestic and middle east operations from where money is to be made by tankering cheaper fuel. For International flights up to 8 hrs i e Delhi to London and Up to Australia the 787-9 and 10 will serve. Again trained crew available. For 777 200 and 300 trained crew available but the fleet is ageing. New 777s will save 8 % fuel. Here the aircraft will replace its own cost in 6 years. And fly for 6 more free. As the excess baggage of unproductive staff is eased out after their 12 month guarentee Air India will become a smooth well geared operation yeilding profits. Those to suffer will be Emirates and Qatar Airlines. Indians waste 4 hrs in Dubai or Qatar. Now we will save time and travel on our own world class airline.
U hv good knowledge👍
This and your previous post, was the most informative as to the details. Thank you for having the patience to put it down, for the likes of us, who are largely ignorant of such details.
in the meanwhile the sense of pakistan is for atta, oil, total anarchy. a plane of thoughts for the ghar wapasi of Pok, GB, new terms in the Indus -water treaty will be sensible.
Add to that the upcoming Jewar airport to be operated by Zurich Airport! & Indians being the largest International travelers in the upcoming decade, the signs are the Arab monopoly in aviation will have a competition.
Air India Express operates the B737-800/900 series, not the MAX ones. The two variants have the same framework, but is different in species. the MAX series is an evolved version of the early ones. Though it's a good option.... A350 will do a lot of work for the airline actually... The B787-8/9 series can be a useful option, but it was actually a blunder in the initial moments. B787 is pure high tech, and needs immense maintenance cost.
It's basically like how Apple jobs are of high value to every country.
Great journalism . Better than the tv media
"I don't know why so many people run airlines if they are not profitable ".... 😂😂😂.....but I want to know if anyone has any answer
Thank you for your efforts. I have been following your column for many years (more than a decade) and really grateful to you for starting this.
Professor, you forgot to mention Russia again. Recently, Russian civil aviation industry proposed joint venture with India. Most critical technology of airplane design and production will be transferred to India as well, with the exception of aircraft engine technology. So, chances are India will start manufacturing its own airplanes in the next couple of years.
He isn't a professor. He's a propagandist.
@@wankmaster69 I know that. He knows nothing about everything.
Mr. Ratan Tata wanted to do this since 1993. Talks were on with Singapore Airlines since those days. Vistara was a step in the right direction but now that he is going the whole hog, every market indicator and the India Civil aviation data trends point towards super success towards the TATA Air India enterprise.
Modi and government should seriously consider making India a transit hub like Dubai and Istanbul. Why?
1. Taj hotels is one of the most popular and high ranking luxury hotel chain in India and across the world! They can easily bring back the luxury and passenger satisfaction
2. India has space! Tons of it! To build massive international airports! Glad government is focusing building world class airports. One such example is Jewar Airport
3. We are in the right spot geographically. In between the ASEAN, Australia and the other half of the world - Africa and EU
4. Delhi airport was actually well maintained before air travel boom in India! It was clean! Quiet. Good shops. Now, it is just another bus stand haha! We have capability to run busy airports!
5. We have talent and labour to maintain these airports and aircrafts!
6. We are the third largest refined exporter and we have started exporting aviation fuel recently too! Huge potential there for cheap fuel refill as well.
Good point!!
The first few minutes of gibberish helps SG declutter his mind.
Indians want TATA Air india to be world class like singapore airlines or emirates.. If Modi is PM for another 10 years India will develop a lot ... next 10 years is very crucial for india development
Any news on Akassa airlines launched by Late Jhunjhunwala.
It’s refreshing to see Shekhar say anything positive about Modi or India in last 10 years…..
The House of Tata! 💙
SG sir, you bring out such valid, subtle, unbiased and yet thought provoking nuances through your analysis. This is the key reason that makes me crave to listen to your episodes everyday. Thank you and your team for such quality journalism.
A small masterpiece, Sir. I am becoming a member today.
👌superb SGSir. It's lovely listening and watching your News&Views&Updates
Shekarji is a Seasoned Journalist of 1980's THE-YOUNG-JOURNALIST-THEN.
A Veteran of Journalism, and he still has that vision..Thankyou 🙏
Aviation industry is not yet matured in India. In highly price sensitive market Most of revenue comes from Tier 1 cities only. And then some or the other crisis keeps coming. I hope this decision Air India ko le na dube
My only doubt is if we have geography to become hub like Emirates/Dubai but definitely Good Luck Tata.
India has scale. The large population is its biggest asset. It means there will be plenty of domestic and international demand for travel. A lot of the domestic demand will be satisfied by Air India, even if Emirates outcompetes them internationally.
Dude if Singapore and UAE with small landmass can become a hub then surely India can also do it. All we need is big airports and maintenance facilities
Most cities in India have decent airports and many cities like Mumbai, Chennai, Kolkata, Delhi are looking to build their second and third airport
If prices are managed, present geography and upward mobility trend offers tremendous opportunity to them.
India has geography but lacks good airport infrastructure. Connecting passengers in a hub based model requires fast clearance and service. Indian airports are notorious for delays and mismanagement. Not to mention how no city except Delhi has a functioning multi runway airport with simultaneous takeoff and landing capability
@@supercanonx Delhi, Bengaluru already have that capability. Once Navi Mumbai,jewar construction is completed in next few years we'll have that also. At the same time Vishakapatnam, Chennai, Kolkata and other major cities are looking to build their second and third airport.
By the time these aircrafts arrive in India we'll have the infrastructure
Most optimistic CTC ever. 🥰🥰🥰
Sir all the Kudos for this massive order for aircraft is due entirely for the fact that it's the "Tatas" who are investing . They have "Goodwill" all over the world for their ethics & fairplay in managing their companies which is proven by the fact that their co's survive for ages because of their honesty & integrity...
BS!! Money has no color! or the US led west wouldn't have given resources to dictators in China to build a powerful economy!!
We were also combat aircraft expert during the aero show.
I hope Air India under the Tatas regain the heights that they occupied under JRD in the 60s
Big milestone in Indian aviation sector
Interesting SG.. Lots need to be talked about Civil Aviation History...
Excellent episode as only SG can do ...Hats off for his knowledge of the subject 💐👍
in summary what you are saying is
1) Air India gave similar order in Rajiv Gandhi times.,,not a big deal
2) These orders can involve scams
3) India shaking big nations and giving them jobs is not big deal....as India scale is everything. Even poor we have large numbers.
4) Being more Billionaires in India is not big deal.
Thanks for hinting all bad things and nullifying good things out of this deal.
Modi Govt always believed and expressed, 1) Govt has no business to be in business. Hence it sold AIR INDIA. By that govt saved tax payers money. 2) At the same time, Modi govt made sure the company survives and thrives in the hands of eligible Mangement. By this creating many jobs in future. The 400+ aircraft deal is initial step which will create lot of jobs. 3) Also, Modi govt implementing plans to grow our AVIATION industry. There are many deals in that regard. I always think PRINT has biased view on present Modi govt. When something good is happening then pls give credit to the people. Dony always criticize. Specially I am disappointed with CHAACHA :)
I think he did not criticize too much this time around as Tata is one @Print's shareholders!!
Sir How correct y mentioned India has most economical Superspecality medicine in the world ( in Urban areas ).but mediocre Public health system elsewhere
But do u know that even in government hospital having medical Colleges, services are provided at excellent level... though it might be extremely clean but the service at extremely nominal cost is suprise for the world..
Indian Covid deaths and oxygen shortage is testimony enough of the mediocre Public health system in India.
Not everything can just be blamed on the medical system. People also need to have balanced diets with different kinds of food, and lay off on Milo/Horlicks and fast food for example lol.
@@JohnSmith-vn8dm That is also the responsibility of public medical system.
I sincerely wish and hope for Ratan Tata to retain the name and branding of "Vistara" for the final merged entity. Its name, logo, and colours are uniquely Indian.
The name "Air-India" should be consigned to history. No amount of improved service will wash off the years of bad reputation associated with that name.
SG is lightly flexing by saying, I remember all the instructions regarding emergency exit since I traveled so many times on flights.
This order from TaTa so there is no question of SCAM. GREAT TATA Respected organization across the world
Shekhar Ji, you mentioned about Indian healthcare, It has good doctors but a decimal healthcare system. This needs a national interest piece.
If someone has a health emergency and need to get an ambulance he has to run pillar to post. India's healthcare can only be fixed by totally separating the provider in the payers. And the patients, only deal with the payers.The other issue with Indian doctors are they are not accountable, you can't even write is Google review as they don't participate in it. In US the doctors are concerned that they may get a bad review.
STOP copying the US & west like slaves!! BUILD indigenous systems based on native civilization-al principles!!
FACT: USA has the WORST Health systems on the globe on a cost benefit & scale perspective!!
Govt should focus on corruption in govt services, red tapism. it is major hurdle for India's growth
It is ... And it will always be....
Just hope for less of it...👍
In a nutshell that's what privatization can do. It's time to close down all PSU and privatise for good.
It's not just centre owned PSU that's pulling our people's legs. There are a ton of PSUs owned & operated by state govts. I have always wondered why do state govts run these state tourism development hotels!
Shekhar ji the last line will leave a smile on my face for the whole day.. so we have this leg pulling everywhere..😊😊😊
Back in 1970 s 80s and 1990s what Boeing 737-200 of Indian AIrlines our East West Airlines, Sahara Airlines and Damania, Modi Luft had were Pratt & WHitney JT 8D engines. Noisy old design fuel guzzlers. They were also on Boeing 727. The 707 had an older version of PW JT 3 series engines.
SAIL, steel plants, coach factories, Heavy vehicles factory, BSNL, Banks should be privatized.
The government has an access to taxpayer money which they can use anytime to keep running loss making for profit businesses they own, and they’ve the might to circumvent the competition. That’s why governments are inefficient at running for profit businesses.
Government should stick to policy making, funding non for profit work, and regulatory job.
And jail liberals and leftists and morons who use pronouns
Such a good... Show... No clutter !!
Thank you for making content like this
Excellent presentation Sir
Eventually, India has to force these companies to have manufacturing operations in India. We have seen that countries use their industry as leverage in geo-politics.
For engine it would be impossible. It is really hard to love manufacturing of these planes.
And how do you think they grow their industry in the first place? You can't force any other countries to build your industry for you. Take a look at how China modernized. Before the 90s they had almost no industry., most of what they did was accomplished in around 30 years. In the 90s they started by investing a lot on infrastructure, like roads, railways, and dams. This way they built a stable electricity grid, managed by the central and not regional government. They they made it easy for foreign businesses to do business in the country, they signaled reliability and stability by only changing policies after consulting business groups. They reformed their farming sector by making it capitalistic, without government control. They even made it trivial to seize land and drive out inhabitants so construction was easy (India shouldn't copy this part of course). Then they constructed greenfield cities for manufacturing. Then they laid off and eliminated big parts of the public sector. They also worked on lowering trade barriers and secured most favorable nation trading status with the US. This caused the textile industry first, then manufacturing to grow. Then only in the 2000s and 2010s did domestic Chinese firms start to compete, first by copying foreign tech exactly, only incrementally improving afterwards. Then by the 2010s and 2020s China has started to move up the value chain. You have to crawl before you walk, and walk before you run. This is how you modernize.
@@JohnSmith-vn8dmall of these are good points and that’s the reason for saying “eventually”. India needs a plan just as the Chinese did. Companies won’t move on their own. You also need to focus on specific parts of the supply chain that are critical, not the entire pipeline.
16:43 It is US not France
Every supporter and every ' detractor' if there is any, of Air India Deal knows very well that Air India has been privatised .
Although Modi owned this private deal, but strangely no opposition leader is complaining like with Adanis business. 🤗
Was wondering when CTC will drop. Even tweeted it to Gupta Ji.
Glad that this topic is taken up. Was discussing the same Hard-Soft Power with peers 😄
Very well done Shekhar! Thanks.
“If you want to be a Millionaire, start with a billion dollars and launch a new airline”~ Richard Branson
That is why Government should not own buisnesses.
India is advancing in right direction ⬆️.
Yes sir you look like Capt. Gopinath & talk like an aviation expert
@thePrint, at 16:39 you showed picture of the US president Ronald Reagan and his wife Nancy Reagan with Mr and Mrs Rajiv Gandhi. No? but the discussion was about the French President visiting in 1985 and airbus deal. Am I missing something?
Tata has government blessings & No one has issue with indian government supporting indian entrepreneurs which will help other friendly nations aswell.
Had it been congress, A corruption deal would already have been done already. ppl have zero trust in congress and educated ppl almost stopped voteing congress in india.
Imagine,if Boeing was an indian company,and indian pm addressing this order,it will be called as crony capitalist govt.. private business are not monster.the idea which was gradually diminishing day by day since 1991,is returned courtesy of congress attacking indian corporates and calling their name..if indian govt will not support indian company in overseas,will it support foreign company..maybe ,it was the practice earlier to get kickbacks..
at 20:05, you sir mentioned that there will not be enquiry/CBI/CAG because this purchase was made by a private organisation. Well, Let this very private organisation make some critical comment and see how agencies like ED, CBI, Income Tax get busy 🙂
One can ask a Chartered Accountant for fully understanding the machanism of this deal.
Indian Railways should also be privatised in next financial year, but not sold to Adanis. Tata, Reliance, Mahindra or Bajaj can be potential buyers.
how about ambanis.
There is always a bidding process...
Biggest bidder is given the sugar.
That's how everything in business works👍👍
@MrTechGeek Allowing private players in rail will result in eventual defeat of public sector railway. Instead of painful ending with assets sold off at throwaway prices, full privatisation instantly will command better price for government.
@@vm3306 Reliance is Ambani's. And they are one of the biggest taxpayer in our country unlike Adani the crook!
@@Zoramsaltha soros gave this false info . stop ur fake narrative.
the truth : Adani Enterprises Ltd (AEL) on Tuesday reported a consolidated profit after tax (PAT) to Rs 325.76 crore for the quarter ended on March 31, 2022.
It should be benchmark for other disinvestment, pvt sector bring economy of scale, Sale of BPCL and IDBI ban kwill be big step in that direction
This message is well received in the business circle. Wht a power tatas have??. Such a big order never from India. How many jobs it will add in India shekarji?. Privatisation was a good move.
Thank you, SG for these enlightening, well-researched podcasts. I learn so much from 'Cut the Clutter'.
Who will finance Air India’s purchase ? Who will approve the credit request from Air India ? What is debt of Air India’s parent company Tata groups? Well these are some questions which can be asked !
@MrTechGeek am not bashing Tata .. my point is instead of Biden , Sunak and macron speaking to Our PM they should spoken to Ratan Tata ..
@MrTechGeek if stalin is bad and Modi is good .. please ask Modi to take action against stalin for corruption thank you 😂
Shekharji I am watching this video from Munich and the seatbelts still don't fit while traveling here!
Never forget Prafulla of NCP. The corrupt man
Praful Patel, the highly corrupt bastard who demolished Air India brand beyond repair then, must be counting his illegally made money with his boss sharad pawar.
Air India and Indigo have a huge opportunity. Starting flights directly to India. Imagine Direct flights from US/Canada West Coast to Mumbai/Bangalore/Hyderabad/Amritsar/Delhi. If Tata's gives a good service then Emirates/Lufthansa and other will be in Trouble. One thing India should have done is use this deal to get Rafales at lower cost from france or get some tech transfer.
I read Chandrasekharan's interview where he mentioned India's advantage is scale.
Sir please don't cut down your little stories of your experience that you tell, this time in the end that flight to Frankfurt was edited and cut off... We kind of missed the jist.
Little detours makes the conversation healthy and lite
Cutting clutter takes time and we feel it's time well spent listening to you, so don't worry about reducing the time..
The Public Sector Air India was disgusting to say the least. The staff of the Public Sector Air India treated the passengers very shabbily. They had their noses turned up in the air. India (Indian Passengers, I mean) needs a better treatment and respect than that.
Nice CTC...please do one on latest status of the Russ-Ukr war. Thanks
Some govt.businesses have lost the game due to many reasons; others have adapted themselves and are still efficient and profitable. This order by Tatas is a testimony to the growing strength and potential of Indian business and economy. Coming of age!
Congratulations to Sir Ratan Tata ji for expansion and development of Airindia on the top priorities 👏 world 🌎 vide. Previous UPA govmnt of NCP&CONGRESS had just destroyed and finished Airindia systematically. Under NCP's Civil aviation Minister Praful Patel.this was the true reality.
Praful Patel and Sharad pawar single handedly demolished brand Air India beyond repair by making shady deals with private players in the field, looting thousands of crores at the tax payers expense.
For Air India...... Sky is the Limit ⭐
While plane orders are good, I feel High-speed bullet trains are best, because they are cost-effective, eco-friendly and can provide internet connection for business travellers.
Aviation growth is the indicator of economy growth. This was long over-due for India. No corruption and no scam. This magnitude is a clear indicator of the things to come in India. Growth, growth and growth. Job opportunities are bound to happen. New airports will pop-up. Cargo movement will be a big business. Services business will increase. This will lead to infrastructure development. Competition will happen between Indian Railways and airlines as cross-country flying will happen. E,g. HYD-IXM (MADURAI), PONDICHERRY-CJB (COIMBATORE). reducing travel times. Watch out. You will see aircrafts flying every now and then. Congratulations!
Aviation Master-France
Seatbelt/ mechanical Master- Germany
Thanks
VP Singh was a curse on India. Was bad in every aspect.
So was the 10 year UPA full of corruption and scams, we lost a decade when all countries went ahead of us.
Right, Private Sector, Private Sector, clap clap 👏👏👏, please sell Ashoka Hotel owned by Government at the earliest
Wud be nice to know, how it will benefit the Indian consumer.
Then do your own homework and find
@@nageswara7024 how can I match the analytical skills of sir